Check Availability

1285 Toyon Drive

1285 Toyon Drive, Millbrae, CA 94030
Property in Millbrae
Sold Jun 17, 2021
$2,650,000
$1,500,000 by General Mortgage Capital Corp
Mortgage Due Jul 01, 2051
Sold Oct 06, 2020
$2,025,000
$1,417,500 by Pmac Lending Services Inc
Mortgage Due Oct 01, 2050
Local assessors in Millbrae, CA have categorized 1285 Toyon Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 11,560 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 680 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1285 Toyon Drive has a total of 1,720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1285 Toyon Drive sold most recently in Jun 15, 2021 for a total of $2,650,000. If you work out the math, that's approximately a cost of $1,540.70 per sqft. Before that, the property was also sold for $2,025,000 in Aug 21, 2020. 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 $30,290 in taxes each year. 1285 Toyon Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,703,000. If we break it down further, the land itself was valued at $1,917,600. Improvements to the property, however, were assessed at a total of $785,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,560
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLS ESTATE NO 20
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 36 BLOCK 27 MILLS ESTATE NO 20 RSM 51/48 50 CITY OF MILLBRAE

Ownership

  • Current Owner : KIM ANDREW Y
  • Current Owner 2: KIM HAN SEONG
  • Previous Owner : CHAN GARY KAI WAH
  • Previous Owner 2: YANG MIN
  • Owner Before Previous Owner: JWEINAT JAMES
  • Owner Before Previous Owner 2: JWEINAT JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604900

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-C1
  • Parcel: 024-420-020
  • Block: 27
  • Lot: 36
  • Latitude: 37.5864
  • Longitude: -122.397

    Address

  • Full Address: 1285 Toyon Dr
  • Address - House Number: 1285
  • Address - Street Name: Toyon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C012
  • 4-Digit Zip Code: 2944
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,290
  • Tax Rate Code Area: 14-003

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,805,729
  • High Value: 3,428,300
  • Low Value: 2,183,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: $2,703,000
  • Assessed Land Value: $1,917,600
  • Assessed Improvements Value: $785,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11841101880
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-092363
  • Previous Sale Recording Date: Oct 06, 2020
  • Previous Sale Contract Date: Aug 21, 2020
  • Previous Sale Amount: $2,025,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Oct 06, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,417,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Millbrae



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1630 Balboa Way, BURLINGAME, CA, 94010

$6,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
1630 Balboa Way, BURLINGAME, CA, 94010 Listing by Paul Beaudreau

Frequently Asked Questions

What neighborhood is 1285 Toyon Drive located in?
The 1285 Toyon Drive is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 1285 Toyon Drive?
The average sales price for units in 1285 Toyon Drive is $0 currently.

Quantcast