NOT LISTED FOR SALE

Estimated Value: $1,836,000 - $2,137,000

3 Beds
2 Baths
1,480 Sq Ft
$1,352/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $1,728,000 $1,168 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,688/month

13 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Built-In Self-Cleaning Double Oven
  • Meadows Elementary School Rated A-
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of April 2024

Opportunity Knocks! Nestled in the coveted Meadows neighborhood of Millbrae, known for its tranquil ambiance and family-friendly environment, this timeless 3-bedroom, 2-bathroom ranch-style home presents an incredible opportunity. Close proximity to local amenities, including schools, parks, shopping centers and transportation hubs. While this home exudes nostalgic charm, it presents a fixer-upper opportunity for those seeking to personalize and enhance its character. With its level lot and versatile layout, there's potential for upward expansion, remodeling, or creating the home of your dreams. Whether you're looking to add modern upgrades or restore its original charm, the possibilities are endless. With a rich history, this beloved residence has been cherished by the same family since 1960, offering a rare glimpse into the past and endless potential for the future. Whether you're a savvy investor or a homeowner with a vision, this property offers the perfect canvas for realizing your aspirations. Come and unlock the potential of this hidden gem! Saturday & Sunday Open House 1:30-4:00

Last Agent to Sell the Property

David Otero

Corcoran Icon Properties License #01107560 Listed on: 03/21/2024

Corcoran Icon Properties

Last Buyer's Agent

Gail Skittone

Compass License #02036411

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 5,278 Sq Ft Lot
  • Back and Front Yard Fenced

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Raised Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Views of Hills

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Cooktop
  • Indoor Grill
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Fixer Upper

Listing and Financial Details

  • Assessor Parcel Number 021013150

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: Other
  • Directions: Larkspur Drive~Ridgewood Drive~Robin Lane
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood Flrs Throughout, Tile, Other
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Electric Range, Disposal, Grill Built-in, Oven, Refrigerator, Self Cleaning Oven, Washer, Gas Water Heater
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Family Room, Breakfast Bar, Tile Counters, Eat-in Kitchen
  • Window Features: Double Pane Windows
  • Room Kitchen Features: 220 Volt Outlet, Breakfast Bar, Counter - Tile, Dishwasher, Double Oven, Eat In Kitchen, Electric Range/Cooktop, Garbage Disposal, Grill Built-in, Oven Built-in, Refrigerator, Self-Cleaning Oven

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Front Yard
  • Lot Features: Level, Front Yard
  • Pool Features: None
  • Pool Private: No
  • View: Hills
  • View: Yes
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Backyard, Back Yard, Front Yard
  • Foundation Details: Concrete Perimeter, Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Int Access From Garage, Off Street, Enclosed, Garage Faces Front, Side By Side, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas, Fireplace(s)
  • Utilities: Water/Sewer Meter on Site, All Public Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: In Garage, Washer
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Sump Pump, Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5278
  • Parcel Number: 021013150
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 7, 2024
Sold by
Sverak Family Trust and Sverak Robert Owen
Bought by
Louie Kelly and Tsang William
Seller's Agent
David Otero
Corcoran Icon Properties
Buyer's Agent
Gail Skittone
Compass
List Price
$1,248,000
Sold Price
$1,728,000
Premium/Discount to List
$480,000
38.46%
Views
108
Current Estimated Value
$2,001,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,400
Avg. Annual Appreciation
8.97%
Original Mortgage
$1,382,400
Outstanding Balance
$1,357,887
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$643,513

Purchase Details

Closed on
Jan 13, 2004
Sold by
Sverak Robert O and Sverak Rita M
Bought by
Sverak Robert O and Sverak Rita M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Louie Kelly $1,728,000 Old Republic Title
Sverak Robert O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louie Kelly $1,382,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,728,000 -- --
04/17/2024 04/17/24 Sold $1,728,000 +38.5% $1,168 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $1,248,000 -- $843 / Sq Ft
Source: bridgeMLS

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 $2,808 $1,762,560 $1,570,800 $191,760
2023 $2,808 $131,442 $35,330 $96,112
2022 $1,675 $128,866 $34,638 $94,228
2021 $1,658 $126,340 $33,959 $92,381
2020 $1,635 $125,045 $33,611 $91,434
2019 $1,601 $122,594 $32,952 $89,642
2018 $1,574 $120,191 $32,306 $87,885
2017 $1,457 $117,835 $31,673 $86,162
2016 $1,428 $115,525 $31,052 $84,473
2015 $1,418 $113,791 $30,586 $83,205
2014 $1,389 $111,563 $29,987 $81,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41053516

bridgeMLS

APN: 021-013-150