NOT LISTED FOR SALE

67 Elder Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,543,000 - $3,781,190

6 Beds
6 Baths
5,200 Sq Ft
$624/Sq Ft Est. Value

Last Sold July 18, 2012

Last sale price $1,766,000 $340 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $20,149/month

80 Days on Market

Highlights

  • Marble Flooring
  • Forced Air Heating System
  • 2-minute walk to Millbrae Skate Park
  • Spring Valley Elementary School Rated A-
  • Level Lot

About This Home

As of July 2012

UNIQUE OPPORTUNITY TO OWN A TRULY AMAZING & CUSTOM BUILT DUPLEX IN 2008,IDEAL FOR EXTENDED FAMILY LIVING!PROFESSIONALLY DESIGNED WITH SUPREME STYLE AND FUNCTIONALITY, FEATURING AN OPEN FLOOR PLAN WITH HIGH-END FINISHES THROUGHOUT!CONTRACTOR BUILT FOR HIMSELF AND HIS OWN FAMILY!JUST LIKE TWO GRAND SINGLE FAMILY HOMES JOINED TOGETHER ON ONE LOT!

Last Agent to Sell the Property

Corina Colby-Panko

Coldwell Banker Realty License #00912109 Listed on: 03/16/2012

Coldwell Banker Realty

Last Buyer's Agent

Nancy Fang

Compass License #01001144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,550

Year Built

  • 2008

Lot Details

  • 6,011

Home Design

  • 5,200 Sq Ft Home
  • Duplex
  • Ceiling Insulation
  • Floor Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Community Details

  • 5,200 Sq Ft Building
  • Operating Expense $6,908

Listing and Financial Details

  • The owner pays for cable TV, electric, garbage, services - gardener/landscaping, gas, heating, hot water, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,550

Year Built

2008

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 4
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 339.62
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 5200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 5200
  • Security: Fire System - Sprinkler
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Hardwood, Marble

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Steam/Hot Water, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Middle School: 737

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Caulked/Sealed, Energy Star Windows/ Doors, Low Flow Shower, Low Flow Toilet, Ceiling Insulation, Insulation - Per Owner, Insulation - Floor

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 6908
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Miscellaneous/Other
  • Owner Pays: Cable Tv, Electric, Garbage, Services - Gardener/Landscaping, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jul 14, 2012
Sold by
Chen Ruo Wu
Bought by
Li Zheng Xiong and Li Yun Yin
Seller's Agent
Corina Colby-Panko
Coldwell Banker Realty
Buyer's Agent
Nancy Fang
Compass
List Price
$1,838,000
Sold Price
$1,766,000
Premium/Discount to List
-$72,000
-3.92%
Current Estimated Value
$3,245,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,479,548
Avg. Annual Appreciation
4.54%
Original Mortgage
$975,000
Outstanding Balance
$678,781
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,478,661

Purchase Details

Closed on
Aug 5, 2005
Sold by
Chen Ruo Wu
Bought by
Chen Ruo Wu

Purchase Details

Closed on
Feb 27, 2003
Sold by
Vanhonsebrouck Cathleen R
Bought by
Chen Ruo Wu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
5.12%

Purchase Details

Closed on
Nov 5, 1993
Sold by
Pallas Lester G and Pallas Pearl C
Bought by
Pallas Lester G and Pallas Pearl C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Zheng Xiong $1,766,000 North American Title Co Inc
Chen Ruo Wu -- --
Chen Ruo Wu $590,000 Commonwealth Land Title Ins
Pallas Lester G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zheng Xiong $975,000
Previous Owner Chen Ruo Wu $401,000
Previous Owner Chen Ruo Wu $525,000
Previous Owner Chen Ruo Wu $328,750
Previous Owner Chen Ruo Wu $417,000
Previous Owner Chen Ruo Wu $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2012 07/18/12 Sold $1,766,000 -3.9% $340 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $1,838,000 -- $353 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,550 $2,174,688 $1,087,344 $1,087,344
2023 $28,550 $2,090,244 $1,045,122 $1,045,122
2022 $23,230 $2,049,260 $1,024,630 $1,024,630
2021 $22,935 $2,009,080 $1,004,540 $1,004,540
2020 $22,559 $1,988,480 $994,240 $994,240
2019 $22,022 $1,949,492 $974,746 $974,746
2018 $21,587 $1,911,268 $955,634 $955,634
2017 $21,172 $1,873,794 $936,897 $936,897
2016 $20,908 $1,837,054 $918,527 $918,527
2015 $20,764 $1,809,460 $904,730 $904,730
2014 $20,291 $1,774,016 $887,008 $887,008
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Corina Colby-Panko

    Coldwell Banker Realty

    Section Image

  • N

    Buyer's Agent in 2012

    Nancy Fang

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81209928

MLSListings

APN: 024-272-050

California San Mateo County Millbrae 94030 Highlands

67 Elder Ave, Millbrae, CA

This home is located at 67 Elder Ave, Millbrae, CA 94030 since 16 March 2012 and is currently estimated at $3,245,548, approximately $624 per square foot. This property was built in 2008. 67 Elder Ave is a home located in San Mateo County with nearby schools including Spring Valley Elementary School, Taylor Middle School, and Mills High School.

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