NOT LISTED FOR SALE

7 Estates Dr Millbrae, CA 94030

Estimated Value: $3,383,447 - $3,839,000

3 Beds
2.5 Baths
3,120 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $3,188,000 $1,022 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $21,843/month

11 Days on Market

Highlights

  • Media Room
  • Bay View
  • Granite Countertops
  • Meadows Elementary School Rated A-
  • Mediterranean Architecture
  • Den

About This Home

As of July 2021

Built in 2009, this former model 3 bed / 2.5 bath is a rare opportunity for a home in Millbrae's most coveted community. This beautiful Spanish-style home offers it all. Spacious master suite w/ hotel-like-window treatments w/ one-of-a-kind views of the bay. Designer details includes soaring ceilings, curated wallpaper, window treatments, tile floors, & arched doorways, & recessed lighting. This ideal floor plan w/ 3 bedrooms upstairs & 1 office/flex room downstairs. The home features a loft / theatre room for movie nights. With a breathtaking view of the bay from the moment you walk in the arched walkway, enjoy cooking in this chef's kitchen w/ Wolf - stainless steel appliances, granite countertops & island, Separate pantry & custom wood cabinetry for storage. Formal dining & formal living w/ gas fireplace & vaulted ceilings make this home an ideal area for gatherings. Easy access & close proximity to shops, restaurants, freeways, SFO, Silicon Valley & the popular Sawyer Camp Trail.

Last Agent to Sell the Property

Max Diez

Maximillian Diez, Broker License #01291288 Listed on: 05/21/2021

Home Details

Home Type

  • Single Family

Year Built

  • 2009

Lot Details

  • 6,861

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Slab Foundation

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Fireplace With Gas Starter
  • Separate Family Room
  • Dining Area
  • Media Room
  • Den
  • Library
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 6,861 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area gas, maintenance - common area, management fee
  • Millbrae Estates Owners Association

Security

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

2009

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Zoning: Single Family Residence
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 3120
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3120
  • Stories: 2
  • Security: Controlled / Secured Access
  • Laundry: Inside, Washer, Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Den / Study / Office, Library, Media / Home Theater
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • View: Bay, Golf Course, Water

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Millbrae Estates
  • HOA Fees: 134
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Gas, Maintenance - Common Area, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Millbrae Estates Owners Association

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System

Lot Info

  • Lot Description: Views
  • Lot Acres: 0.1575
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6861.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6861.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 1, 2021
Sold by
Landridge Morton International Co Ltd
Bought by
Kwong Peter and Kwong Winnie Xue
Seller's Agent
Max Diez
Maximillian Diez, Broker
List Price
$2,788,000
Sold Price
$3,188,000
Premium/Discount to List
$400,000
14.35%
Current Estimated Value
$3,622,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,894
Avg. Annual Appreciation
2.33%
Original Mortgage
$1,274,500
Outstanding Balance
$974,064
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,559,548

Purchase Details

Closed on
Jun 25, 2010
Sold by
Braddock & Logan Group Iii L P
Bought by
Landridge Morton International Company L

Purchase Details

Closed on
Nov 10, 2008
Sold by
Braddock & Logan Group Iii L P
Bought by
Millbrae Estates Owners Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwong Peter $3,188,000 Chicago Title Company
Landridge Morton International Company L $1,900,000 Ortc
Millbrae Estates Owners Association -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwong Peter $1,274,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $3,188,000 +14.3% $1,022 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $2,788,000 -- $894 / 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 $32,046 $3,000,000 $1,631,500 $1,368,500
2023 $32,046 $2,590,000 $1,409,000 $1,181,000
2022 $35,681 $3,188,000 $1,734,000 $1,454,000
2021 $25,526 $2,248,852 $1,124,426 $1,124,426
2020 $25,105 $2,225,794 $1,112,897 $1,112,897
2019 $24,503 $2,182,152 $1,091,076 $1,091,076
2018 $24,016 $2,139,366 $1,069,683 $1,069,683
2017 $23,563 $2,097,418 $1,048,709 $1,048,709
2016 $23,270 $2,056,294 $1,028,147 $1,028,147
2015 $23,110 $2,025,408 $1,012,704 $1,012,704
2014 $22,580 $1,985,734 $992,867 $992,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81845227

MLSListings

APN: 021-500-160