1268 Lake Street

1268 Lake Street in Millbrae, CA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1268 Lake Street has 2,280 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,080 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 500 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1268 Lake Street was last sold in Jun 18, 2008 for $1,383,000. According to our calculations, that's $606.58 per sqft. Prior to that sales transaction, the property was sold for $680,000 in Apr 26, 1999. Current property owners are expected to pay $18,898 in taxes per year. The property on 1268 Lake Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,678,248. To break that down further, the land itself was valued at $839,124. While improvements to the property were assessed at a total of $839,124. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.