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1402 Gavilan Way

1402 Gavilan Way, Millbrae, CA 94030
Property in Millbrae
Sold Aug 08, 2014
$1,425,000
$1,000,000 by First Republic Bank
Mortgage Due Aug 01, 2051
Local assessors in Millbrae, CA have categorized 1402 Gavilan Way as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 7,632 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 720 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 1402 Gavilan Way has a total of 1,980 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 440 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. 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, 1402 Gavilan Way was last sold in Jul 29, 2014 for $1,425,000. According to our calculations, that's $719.70 per sqft. Current property owners are expected to pay $18,183 in taxes per year. The property on 1402 Gavilan Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,613,848. To break that down further, the land itself was valued at $806,924. While improvements to the property were assessed at a total of $806,924. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,632
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLS ESTATE NO 24
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLK 37 MILLS ESTATE NO 24 RSM 56/40 42

Ownership

  • Current Owner : LEE KENNETH
  • Current Owner 2: CHAN CATHERINE
  • Previous Owner : NOTO JAN MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-C2
  • Parcel: 024-451-160
  • Block: 37
  • Lot: 16
  • Latitude: 37.5846
  • Longitude: -122.402

    Address

  • Full Address: 1402 Gavilan Way
  • Address - House Number: 1402
  • Address - Street Name: Gavilan
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C012
  • 4-Digit Zip Code: 2844
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,183
  • Tax Rate Code Area: 14-003

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,490,617
  • High Value: 3,023,176
  • Low Value: 1,958,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,613,848
  • Assessed Land Value: $806,924
  • Assessed Improvements Value: $806,924

    Sales

  • Current Sale Contract Date: Jul 29, 2014
  • Current Sale Recording Date: Aug 08, 2014
  • Current Sale Transaction ID: 1076637018
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-071481

    Last Sale Mortgage

  • First Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Mortgage Transaction Date: Aug 08, 2014
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

About Millbrae



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1402 Gavilan Way located in?
The 1402 Gavilan Way is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 1402 Gavilan Way?
The average sales price for units in 1402 Gavilan Way is $0 currently.

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