NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,260,000

2 Beds
2 Baths
1,367 Sq Ft
$613/ mo HOA Fee

Last Sold July 17, 2023

Last sale price $1,100,000 $805 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,026/month

13 Days on Market

Highlights

  • Fitness Center
  • RV or Boat Storage in Community
  • Gated Community
  • Spring Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • Two Way Fireplace

About This Home

As of July 2023

IMMACULATE Two Bedroom Condo in Prime Millbrae Location! This highly coveted floor plan features two generous suites, each with large walk-in closets separated by the open living space. A two-way gas fireplace separates the dining area and living room which leads out to the spacious wrap-around patio. The gourmet kitchen offers granite countertops, stainless steel appliances and ample storage. The unit comes with central heating, air-conditioning, two deeded parking spaces, and in-unit laundry. 88 S Broadway is a secured complex with underground parking and elevators for convenience and includes a fitness center, recreation/meeting rooms and open courtyards for enjoyment. Located in the Millbrae transit corridor, it offers quick access to BART, Cal-Train, HWY 101, SFO, Mills Peninsula Hospital, highly accredited schools, and both Millbrae & Burlingame's plethora of shops and restaurants.

Last Agent to Sell the Property

Disen Cai

KW Advisors License #70010134 Listed on: 05/31/2023

KW Advisors

Last Buyer's Agent

Disen Cai

KW Advisors License #70010134 Listed on: 05/31/2023

KW Advisors

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.48

HOA Fees

  • $613 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,367 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 104-520-240

Community Details

Overview

  • Association fees include garbage, maintenance - common area, maintenance - exterior, water / sewer
  • 88 South Broadway Association
  • The community has rules related to parking rules

Recreation

  • RV or Boat Storage in Community

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.48 Acres

HOA Fees

$613 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1367
  • Year Built: 2007
  • Zoning Description: MSAPD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Dual See Thru, Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1367
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 613
  • HOA Amenities: Community Security Gate, Elevator, Gym / Exercise Facility, RV / Boat Storage
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Maintenance - Common Area, Maintenance - Exterior, Water / Sewer
  • H O A Name Text: 88 South Broadway Association
  • H O A Exist: Yes

Schools

  • High School: 659

Lot Info

  • Parcel Number: 104-520-240

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 29, 2023
Sold by
Song Hyosook
Bought by
Wong Lam Family Trust and Wong
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Disen Cai
KW Advisors
List Price
$899,000
Sold Price
$1,100,000
Premium/Discount to List
$201,000
22.36%
Views
113
Current Estimated Value
$1,168,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,284
Avg. Annual Appreciation
2.26%
Original Mortgage
$880,000
Outstanding Balance
$859,007
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$309,277

Purchase Details

Closed on
Jan 22, 2020
Sold by
Kang Maengjin
Bought by
Song Hyosook

Purchase Details

Closed on
Sep 21, 2007
Sold by
88 South Broadway Llc
Bought by
Song Hyosook and Kang Maengjin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Wong Lam Family Trust $1,100,000 Stewart Title Of California
Song Hyosook -- Wfg National Title Ins Co
Song Hyosook $968,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Lam Family Trust $880,000
Previous Owner Song Hyosook $773,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $1,100,000 +22.4% $805 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $899,000 -- $658 / Sq Ft
Source: MLSListings

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 $15,221 $1,122,000 $336,600 $785,400
2023 $15,221 $1,222,102 $366,627 $855,475
2022 $14,843 $1,198,140 $359,439 $838,701
2021 $14,692 $1,174,648 $352,392 $822,256
2020 $14,518 $1,162,604 $348,779 $813,825
2019 $14,119 $1,139,809 $341,941 $797,868
2018 $13,871 $1,117,461 $335,237 $782,224
2017 $13,559 $1,095,551 $328,664 $766,887
2016 $13,487 $1,074,070 $322,220 $751,850
2015 $12,391 $975,000 $292,000 $683,000
2014 $10,697 $820,000 $245,500 $574,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81929766

MLSListings

APN: 104-520-240

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