NOT LISTED FOR SALE

8 Spring Valley Ln Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,569,000 - $3,446,000

3 Beds
2 Baths
2,400 Sq Ft
$1,230/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $1,980,000 $825 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $17,760/month

13 Days on Market

Highlights

  • Bay View
  • Living Room with Fireplace
  • Formal Dining Room
  • Spring Valley Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of December 2018

Set on a private street, this large lot in prestigious Mills Estate offers top of the world views, while tucked away from the hustle and bustle of the city. 2,400 square foot house on a 11,100 square foot lot. Charming curb appeal with a large front porch. Generous sized rooms, multiple fireplaces, and lots of windows. Fixer ready for your personal touch, this home has so much potential! Nestled in the Millbrae hills with close proximity to highway 280, and downtown Millbrae.

Last Agent to Sell the Property

Mike Foor

Intero Real Estate Services License #00904917 Listed on: 10/05/2018

Intero Real Estate Services

Last Buyer's Agent

Trent Zhu

BHG J.F. Finnegan Realtors License #01157382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,302

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Zoning described as R1LL

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Bay Views

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 024-212-250

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,302

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 2400
  • Year Built: 1940
  • Zoning Description: R1LL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2400
  • Stories: 2
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Roof: Composition
  • View: Bay

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, Room for Oversized Vehicle

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 024-212-250
  • Lot Acres: 0.2548
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11100.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2020
Sold by
Li Warren Jian Hua and Li Cindy Chu
Bought by
Li Warren Jian Hua and Li Cindy Chu
Current Estimated Value
$2,952,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$444,354
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,538,423

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 12, 2018
Sold by
Sandrini Louis and The Estate Of Nancy Marquez
Bought by
Li Warren Jian Hua
Seller's Agent
Mike Foor
Intero Real Estate Services
Buyer's Agent
Trent Zhu
BHG J.F. Finnegan Realtors
List Price
$1,988,800
Sold Price
$1,980,000
Premium/Discount to List
-$8,800
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$500,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Warren Jian Hua -- Old Republic Title Company
Li Warren Jian Hua -- Old Republic Title Company
Li Warren Jian Hua $1,980,000 Old Republic Title Co
Hua Li Waren Jian -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Warren Jian Hua $500,000
Closed Hua Li Waren Jian $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $1,980,000 -0.4% $825 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $1,988,800 -- $829 / 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 $25,302 $1,806,277 $1,673,277 $133,000
2023 $25,302 $2,122,958 $1,608,302 $514,656
2022 $23,523 $2,081,332 $1,576,767 $504,565
2021 $23,257 $2,040,522 $1,545,850 $494,672
2020 $22,875 $2,019,600 $1,530,000 $489,600
2019 $22,329 $1,980,000 $1,500,000 $480,000
2018 $11,924 $1,048,706 $524,353 $524,353
2017 $11,652 $1,028,144 $514,072 $514,072
2016 $11,502 $1,007,986 $503,993 $503,993
2015 $11,423 $992,846 $496,423 $496,423
2014 $11,163 $973,398 $486,699 $486,699
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Foor

    Intero Real Estate Services

    Section Image

  • T

    Buyer's Agent in 2018

    Trent Zhu

    BHG J.F. Finnegan Realtors

See All Agents

Map

Source: MLSListings

MLS Number: ML81726471

MLSListings

APN: 024-212-250

California San Mateo County Millbrae 94030 Highlands

8 Spring Valley Ln, Millbrae, CA

This home is located at 8 Spring Valley Ln, Millbrae, CA 94030 since 05 October 2018 and is currently estimated at $2,952,140, approximately $1,230 per square foot. This property was built in 1940. 8 Spring Valley Ln 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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