NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,378,000

2 Beds
2 Baths
1,262 Sq Ft
$531/mo HOA Fee

Last Sold May 13, 2019

Last sale price $1,250,000 $990 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,895/month

46 Days on Market

Highlights

  • Fitness Center
  • Recreation Facilities
  • Elevator
  • Spring Valley Elementary School Rated A-
  • Meeting Room
  • Open to Family Room

About This Home

As of May 2019

First time on market two bedroom condo in an amazing location. This 2 bedroom and 2 bathroom unit is located close to Downtown Millbrae, Bart, Caltrain & SFO Int'l Airport. The Unit includes a master suite, in-unit laundry, and a patio with courtyard view. 2 Car assigned tandem parking in the underground gated garage. Building features a Community Room, Meeting area, Rec room and Exercise room. Come and check it out!

Last Agent to Sell the Property

Kevin Hsiao

Golden Gate Sotheby's International Realty License #01877438 Listed on: 03/06/2019

Last Buyer's Agent

Eric Chu

KW Advisors License #02039805

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,692

Year Built

  • Built in 2007

Lot Details

  • West Facing Home

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Carpet

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 104-520-170

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, hot water, insurance - common area, maintenance - common area
  • 106 Units
  • Community Management Services Association
  • Built by 88 South Broadway Association
  • The community has rules related to credit or board approval

Amenities

  • Meeting Room
  • Common Utility Room
  • Elevator

Recreation

  • Recreation Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,692

Year Built

Built in 2007

Lot Details

0

HOA Fees

$531 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Board / Park Approval
  • Age: 12
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Min Numberof Unitsin Complex: 106
  • Structure Sq Ft: 1262
  • Complex Name: 88 South Broadway Association
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1262
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Tandem Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 531
  • HOA Amenities: Common Utility Room, Conference Facilities, Elevator, Gym / Exercise Facility, Recreation Room
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Community Management Services
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 104-520-170

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 8, 2019
Sold by
Leung Joseph and Mok Amy
Bought by
Sun Wen Yu and Zacharias Neelie T
Seller's Agent
Kevin Hsiao
Golden Gate Sotheby's International Realty
Buyer's Agent
Eric Chu
KW Advisors
List Price
$1,195,000
Sold Price
$1,250,000
Premium/Discount to List
$55,000
4.6%
Current Estimated Value
$1,297,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,541
Avg. Annual Appreciation
0.59%
Original Mortgage
$1,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2007
Sold by
88 South Broadway Llc
Bought by
Leung Joseph and Mok Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Sun Wen Yu $1,250,000 Old Republic Title Company
Leung Joseph $750,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Wen Yu $954,045
Closed Sun Wen Yu $1,000,000
Previous Owner Leung Joseph $342,000
Previous Owner Leung Cherry Y $380,000
Previous Owner Leung Cherry Y $530,000
Previous Owner Leung Joseph $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $1,250,000 +4.6% $990 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $1,195,000 -- $947 / 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 $15,692 $1,225,000 $367,000 $858,000
2023 $15,692 $1,340,249 $402,074 $938,175
2022 $16,131 $1,313,971 $394,191 $919,780
2021 $15,965 $1,288,208 $386,462 $901,746
2020 $15,770 $1,275,000 $382,500 $892,500
2019 $6,791 $478,534 $171,576 $306,958
2018 $6,690 $469,152 $168,212 $300,940
2017 $6,486 $459,954 $164,914 $295,040
2016 $6,499 $450,936 $161,681 $289,255
2015 $6,390 $444,164 $159,253 $284,911
2014 $6,365 $435,464 $156,134 $279,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81741541

MLSListings

APN: 104-520-170