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1240 Sleepy Hollow Lane

1240 Sleepy Hollow Lane, Millbrae, CA 94030
Property in Millbrae
Sold Feb 14, 2020
$1,600,000
$981,706 by Ally Bank
Mortgage Due Jul 01, 2051
Sold Mar 12, 2014
$120,000
1240 Sleepy Hollow Lane has been categorized by the local assessors in Millbrae, CA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1240 Sleepy Hollow Lane has 1,150 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 910 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 5,551 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 450 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1240 Sleepy Hollow Lane sold most recently in Feb 11, 2020 for a total of $1,600,000. If you work out the math, that's approximately a cost of $1,391.30 per sqft. Before that, the property was also sold for $120,000 in Feb 24, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,733 in taxes each year. 1240 Sleepy Hollow Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,663,403. If we break it down further, the land itself was valued at $1,263,490. Improvements to the property, however, were assessed at a total of $399,913. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,551
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE MEADOWS NO 1
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLOCK 16 MILLBRAE MEADOWS NO 1 RSM 41/21 22 23 24 CITY OF MILLBRAE

Ownership

  • Current Owner : CHEN MENGHSIU
  • Current Owner 2: CHEN CAROLINE H
  • Previous Owner : CACCIA GENO
  • Previous Owner 2: CACCIA SUSAN
  • Owner Before Previous Owner: JOHNSON JULIANA R
  • Owner Before Previous Owner 2: CACCIA GENO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604600

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-A6
  • Parcel: 021-252-210
  • Block: 16
  • Lot: 8
  • Latitude: 37.5987
  • Longitude: -122.415

    Address

  • Full Address: 1240 Sleepy Hollow Ln
  • Address - House Number: 1240
  • Address - Street Name: Sleepy Hollow
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C011
  • 4-Digit Zip Code: 1529
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,733
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,851,737
  • High Value: 2,244,600
  • Low Value: 1,458,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $981,706
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Loan Amount: $981,706
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,663,403
  • Assessed Land Value: $1,263,490
  • Assessed Improvements Value: $399,913

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Transaction ID: 11741763348
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-013179
  • Previous Sale Recording Date: Mar 12, 2014
  • Previous Sale Contract Date: Feb 24, 2014
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 14, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Millbrae



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Frequently Asked Questions

What neighborhood is 1240 Sleepy Hollow Lane located in?
The 1240 Sleepy Hollow Lane is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 1240 Sleepy Hollow Lane?
The average sales price for units in 1240 Sleepy Hollow Lane is $0 currently.

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