NOT LISTED FOR SALE

Estimated Value: $2,266,000 - $3,091,000

3 Beds
2 Baths
2,520 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $2,400,000 $952 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $16,543/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Vaulted Ceiling
  • Meadows Elementary School Rated A-
  • Family Room with Fireplace
  • Post and Beam

About This Home

As of July 2022

Look no further than this secluded yet accessible retreat in the beautiful Millbrae Highlands neighborhood! This 3 bed 2 bath residence offers plenty of room for entertaining/relaxation, & features an open floor plan with vaulted ceilings, hardwood floors, & walls of expansive windows for an abundance of natural light. The gourmet kitchen with island opens smoothly to the dining area while the second family room touts a show stopping fireplace & leads to the sun-kissed deck for the sought after California indoor/outdoor living. Down the hall you can retreat to the serenity of your bedrooms where the well-appointed primary en-suite features a vaulted ceiling & walk-in closet. The oversized 2 car attached garage on the lower level is EV ready & provides ample storage space. Conveniently located next to highway 280, top-rated schools, parks, Sawyer Tail & Spur Trail, the new rec center & downtown Millbrae with a plethora of shops & restaurants to enjoy. Don't miss out on your dream home!

Last Agent to Sell the Property

Disen Cai

KW Advisors License #70010134 Listed on: 06/17/2022

KW Advisors

Last Buyer's Agent

Jenny Yang

Compass License #01942023

Home Details

Home Type

  • Single Family

Year Built

  • 1974

Lot Details

  • 5,998

Parking

  • 2 Car Attached Garage

Home Design

  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,520 Sq Ft Home
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Deck
  • 5,998 Sq Ft Lot

Home Details

Home Type

Single Family

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2520
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2520
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam, Post And Pier
  • Roof: Metal
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 659

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 20, 2022
Sold by
Brian Cheng And May Chan Revocable Trust
Bought by
Lee Jonathan M and Lok Jeanette Ym
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Jenny Yang
Compass
List Price
$1,980,000
Sold Price
$2,400,000
Premium/Discount to List
$420,000
21.21%
Current Estimated Value
$2,712,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,157
Avg. Annual Appreciation
2.47%
Original Mortgage
$1,300,000
Outstanding Balance
$1,225,842
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,383,248

Purchase Details

Closed on
Apr 28, 2021
Sold by
Cheng Brian and Chan May
Bought by
Cheng Brian and Chan May

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 8, 2018
Sold by
Lutz Elizabeth A and Chin Lutz Family Living Trust
Bought by
Cheng Brian and Chan May
Seller's Agent
Afsoon Shahrdar
KW Advisors
Buyer's Agent
Clarissa Cortez
KW Advisors
List Price
$1,750,000
Sold Price
$1,808,000
Premium/Discount to List
$58,000
3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jul 6, 2006
Sold by
Lutz Elizabeth Anne and Chin Kenneth
Bought by
Chin Kenneth and Lutz Elizabeth A

Purchase Details

Closed on
Mar 22, 1996
Sold by
Ogawa Diana Kiyoko
Bought by
Lutz Elizabeth Anne and Chin Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.98%
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
Lee Jonathan M $2,400,000 First American Title
Cheng Brian -- Lawyers Title Company
Cheng Brian $1,808,000 Lawyers Title Co
Chin Kenneth -- None Available
Lutz Elizabeth Anne $453,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jonathan M $1,300,000
Previous Owner Lutz Elizabeth Anne $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2022 07/26/22 Sold $2,400,000 +21.2% $952 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $1,980,000 +9.5% $786 / Sq Ft
02/20/2018 02/20/18 Sold $1,808,000 +3.3% $717 / Sq Ft View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $1,750,000 -- $694 / 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 $28,499 $2,496,960 $1,591,812 $905,148
2023 $28,499 $2,300,000 $1,466,000 $834,000
2022 $21,870 $1,938,540 $1,340,252 $598,288
2021 $21,622 $1,900,530 $1,313,973 $586,557
2020 $21,266 $1,881,043 $1,300,500 $580,543
2019 $20,757 $1,844,160 $1,275,000 $569,160
2018 $9,944 $868,834 $496,512 $372,322
2017 $7,361 $648,414 $324,207 $324,207
2016 $7,261 $635,700 $317,850 $317,850
2015 $7,211 $626,152 $313,076 $313,076
2014 $7,047 $613,888 $306,944 $306,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81896732

MLSListings

APN: 024-032-250