NOT LISTED FOR SALE

Estimated Value: $2,429,000 - $3,103,000

3 Beds
2 Baths
1,840 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $2,425,000 $1,318 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,842/month

8 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Deck
  • Wood Flooring
  • Spring Valley Elementary School Rated A-
  • Family Room with Fireplace
  • Balcony

About This Home

As of September 2023

Welcome to Mills Estates! This highly coveted neighborhood in the sunbelt of Millbrae offers a short walk to all top-rated neighborhood schools. This home has been lovingly maintained by the same family for nearly half a century. In addition to the three bedrooms, there is also an office, perfect for those who work from home or need a quiet space for studying. The kitchen features gas appliances and a walk-in pantry for all your storage needs. The freshly painted interior gives the home a modern and inviting feel, while the refinished hardwood floors throughout with inlay and parquet floors in the family room, add a touch of elegance.The skylights bring in an abundance of natural light, making the entire home feel light and bright.In the backyard, youll find a completely remodeled ADU with a separate entrance, providing a great opportunity for rental income or a private space for guests. The home also features a generous sized pool and extra parking for recreation vehicles.

Last Agent to Sell the Property

Lana Morin

Intero Real Estate Services License #01439524 Listed on: 07/29/2023

Intero Real Estate Services

Last Buyer's Agent

Vincent Choi

Compass License #01171034

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,823

Year Built

  • Built in 1955

Lot Details

  • 8,612 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

  • Solar Heated In Ground Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 024-313-240

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,823

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1840
  • Year Built: 1955
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1840
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Outside Access, Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Pool Description: Heated - Solar, Pool - In Ground
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Pool: Yes
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Room for Oversized Vehicle

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: San Mateo Union High
  • Elementary School: Spring Valley Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 736
  • Middle School: 737

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 024-313-240
  • Lot Acres: 0.1977
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8610.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8610.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: ADU-studio&bath

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Spring Valley Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Aug 29, 2023
Sold by
Ross Paratore Revocable Trust
Bought by
Zhu Helin and Wan Jinlin
Seller's Agent
Lana Morin
Intero Real Estate Services
Buyer's Agent
Vincent Choi
Compass
List Price
$2,298,000
Sold Price
$2,425,000
Premium/Discount to List
$127,000
5.53%
Views
446
Current Estimated Value
$2,637,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,476
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,600,000
Outstanding Balance
$1,563,056
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,037,684

Purchase Details

Closed on
Mar 2, 2023
Sold by
Paratore Ross C
Bought by
Ross Paratore Revocable Trust
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
Zhu Helin $2,425,000 Lawyers Title Company
Ross Paratore Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Helin $1,600,000
Previous Owner Paratore Ross C $300,000
Previous Owner Paratore Ross C $200,000
Previous Owner Paratore Ross C $100,000
Previous Owner Paratore Ross C $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $2,425,000 +5.5% $1,318 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $2,298,000 -- $1,249 / 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 $28,823 $2,473,500 $1,887,000 $586,500
2023 $28,823 $362,398 $179,208 $183,190
2022 $4,192 $355,294 $175,695 $179,599
2021 $4,146 $348,328 $172,250 $176,078
2020 $4,081 $344,757 $170,484 $174,273
2019 $3,989 $337,998 $167,142 $170,856
2018 $3,913 $331,371 $163,865 $167,506
2017 $3,760 $324,874 $160,652 $164,222
2016 $3,704 $318,504 $157,502 $161,002
2015 $3,679 $313,721 $155,137 $158,584
2014 $3,597 $307,577 $152,099 $155,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81936588

MLSListings

APN: 024-313-240