NOT LISTED FOR SALE

740 Santa Margarita Ave Millbrae, CA 94030

Capuchino Neighborhood

Estimated Value: $1,747,000 - $2,349,000

3 Beds
2 Baths
1,540 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,758,000 $1,142 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,781/month

6 Days on Market

Highlights

  • Bay View
  • Deck
  • Solid Surface Bathroom Countertops
  • Green Hills Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of July 2023

Fantastic Location! Unlimited Potential! Located in a Quiet, Sought-after corner of Millbrae, 740 Santa Margarita is a Great place to call Home! Surrounded by expanded properties and close proximity to great schools and parks, this rancher can be your blank canvas or move right in. Mostly original features with a large open kitchen, separate family room and new flooring you will see why it has been in the same family for over 55 years! With a large deck and rear patio great for summer barbecues and a lot of over 6500sf you will understand why most neighbors have put beautiful additions (and pools!) Close to shopping and transportation this home checks all the boxes!

Last Agent to Sell the Property

Rick Barrelier

eXp Realty of California Inc License #01340986 Listed on: 06/23/2023

eXp Realty of California Inc

Last Buyer's Agent

Spencer Luo

Norcal Realty License #01213322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,013

Year Built

  • Built in 1949

Lot Details

  • 6,425 Sq Ft Lot
  • Lot Sloped Down
  • Back Yard
  • Zoning described as R10006

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Bay
  • Mountain
  • Neighborhood

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 021-083-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,013

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1540
  • Year Built: 1949
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Tile, Exhaust Fan, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1540
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Dryer, Gas Hookup, In Garage, Washer
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Solid Surface, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Pillars / Posts / Piers
  • Roof: Composition, Shingle
  • View: Bay, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, BBQ Area, Deck
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Schools

  • School District: San Mateo Union High
  • Elementary School: Green Hills Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 733
  • Middle School: 737

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 021-083-070
  • Lot Acres: 0.1475
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6426.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6426.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Green Hills Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 27, 2023
Sold by
Paul W Brady & Joan G Brady 1992 Living
Bought by
Depe Danny and Wong Hang Yin
Seller's Agent
Rick Barrelier
eXp Realty of California Inc
Buyer's Agent
Spencer Luo
Norcal Realty
List Price
$1,598,000
Sold Price
$1,758,000
Premium/Discount to List
$160,000
10.01%
Views
59
Current Estimated Value
$2,028,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,278
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,318,500
Outstanding Balance
$1,289,092
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$739,186
Source: Public Records

Range of Values:

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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
Depe Danny $1,758,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depe Danny $1,318,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,758,000 +10.0% $1,142 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $1,598,000 -- $1,038 / 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 $21,013 $1,793,160 $1,371,900 $421,260
2023 $21,013 $158,151 $59,474 $98,677
2022 $2,044 $155,051 $58,308 $96,743
2021 $2,024 $152,013 $57,166 $94,847
2020 $1,996 $150,457 $56,581 $93,876
2019 $1,955 $147,508 $55,472 $92,036
2018 $1,566 $112,431 $30,143 $82,288
2017 $1,372 $110,227 $29,552 $80,675
2016 $1,344 $108,067 $28,973 $79,094
2015 $1,335 $106,444 $28,538 $77,906
2014 $1,308 $104,359 $27,979 $76,380
Source: Public Records

Agents Affiliated with this Home

  • Rick Barrelier

    Seller's Agent in 2023

    Rick Barrelier

    eXp Realty of California Inc

    (650) 573-5961

    1 in this area

    65 Total Sales

    Rick Barrelier
    Section Image
  • Spencer Luo

    Buyer's Agent in 2023

    Spencer Luo

    Norcal Realty

    (650) 692-3488

    1 in this area

    27 Total Sales

    Spencer Luo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81932715

MLSListings

APN: 021-083-070

California San Mateo County Millbrae 94030 Capuchino

740 Santa Margarita Ave, Millbrae, CA

This home is located at 740 Santa Margarita Ave, Millbrae, CA 94030 since 23 June 2023 and is currently estimated at $2,028,278, approximately $1,317 per square foot. This property was built in 1949. 740 Santa Margarita Ave is a home located in San Mateo County with nearby schools including Green Hills Elementary School, Taylor Middle School, and Mills High School.

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