NOT LISTED FOR SALE

924 Mills Ave San Bruno, CA 94066

San Bruno Park Neighborhood

Estimated Value: $1,794,000 - $2,178,498

7 Beds
6 Baths
5,013 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 17, 2012

Last sale price $832,825 $166 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $11,656/month

13 Days on Market

Highlights

  • Deck
  • Balcony
  • Guest Parking
  • Capuchino High School Rated A-
  • Tile Flooring
  • 3-minute walk to Forest Lane Park

About This Home

As of July 2012

Desirable triplex. Fully Rented. One 3 bedroom 1.5 bath unit & two 2 bedroom 1.5 bath units. All units have a fireplace, private balcony, yard and fully enclosed 2 car garage. A garden courtyard creates a serene environment for the occupants, and an onsite laundry room makes life a little easier. 924 mills can function as a great place to call home or as an investment for years!

Last Agent to Sell the Property

Billy DeMartini

Earth Real Estate License #01485300 Listed on: 05/16/2012

Last Buyer's Agent

Sandra Yee

TCLI License #00644865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,869

Year Built

  • 1977

Lot Details

  • 7,492

Parking

  • Guest Parking

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $68,400
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Operating Expense $6,169
  • Gross Income $68,400

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,869

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R300
  • Subclass: Triplex
  • Age: 35
  • Inspections Reports: Fault Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Garbage Disposal, Oven Range
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Tile, Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle, Composition
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 12.69

Multi Family

  • Expenses Total: 6169
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 68400
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Jul 11, 2012
Sold by
Akers Jean E
Bought by
Fong Kwok Chu Dennis and Fong Susanna
Seller's Agent
Billy DeMartini
Earth Real Estate
Buyer's Agent
Sandra Yee
TCLI
List Price
$868,000
Sold Price
$832,825
Premium/Discount to List
-$35,175
-4.05%
Current Estimated Value
$1,902,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,788
Avg. Annual Appreciation
6.51%
Original Mortgage
$622,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Akers Jean E
Bought by
Akers Jean E

Purchase Details

Closed on
Oct 12, 1995
Sold by
Akers Jean Elizabeth and Smith Jean Elizabeth
Bought by
Akers Matthew R and Akers Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.21%
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
Fong Kwok Chu Dennis $833,000 Old Republic Title Company
Akers Jean E -- --
Akers Matthew R -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Kwok Chu Dennis $252,000
Open Fong Kwok Chu Dennis $550,000
Closed Fong Kwok Chu Dennis $622,500
Previous Owner Akers Jean E $340,000
Previous Owner Akers Matthew R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2012 07/17/12 Sold $832,825 -4.1% $166 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $868,000 -- $173 / 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 $14,869 $1,025,553 $512,776 $512,777
2023 $14,869 $985,731 $492,865 $492,866
2022 $10,740 $966,403 $483,201 $483,202
2021 $10,603 $947,455 $473,727 $473,728
2020 $10,504 $937,741 $468,870 $468,871
2019 $10,332 $919,355 $459,677 $459,678
2018 $9,818 $901,329 $450,664 $450,665
2017 $9,714 $883,657 $441,828 $441,829
2016 $9,521 $866,331 $433,165 $433,166
2015 $9,395 $853,319 $426,659 $426,660
2014 $9,258 $836,605 $418,302 $418,303
Source: Public Records

Agents Affiliated with this Home

  • Billy DeMartini

    Seller's Agent in 2012

    Billy DeMartini

    Earth Real Estate

    (650) 867-9293

    1 Total Sale

    Section Image

  • S

    Buyer's Agent in 2012

    Sandra Yee

    TCLI

See All Agents

Map

Source: MLSListings

MLS Number: ML81218740

MLSListings

APN: 020-101-200

California San Mateo County San Bruno 94066 San Bruno Park

924 Mills Ave, San Bruno, CA

This home is located at 924 Mills Ave, San Bruno, CA 94066 since 16 May 2012 and is currently estimated at $1,996,375, approximately $398 per square foot. This property was built in 1977. 924 Mills Ave is a home located in San Mateo County with nearby schools including Decima M. Allen Elementary School, Parkside Intermediate School, and Capuchino High School.

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