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161 Laurel Avenue

161 Laurel Avenue, Millbrae, CA 94030
Multifamily in Millbrae
Sold Aug 28, 2019
$1,880,000
$122,000 by Bank Of America Na
Mortgage Due Sep 01, 2049
Local assessors in Millbrae, CA have categorized 161 Laurel Avenue as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 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 161 Laurel Avenue has a total of 3,091 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 161 Laurel Avenue was last sold in Aug 19, 2019 for $1,880,000. According to our calculations, that's $608.22 per sqft. Current property owners are expected to pay $22,266 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 161 Laurel Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,962,507. To break that down further, the land itself was valued at $927,510. While improvements to the property were assessed at a total of $1,034,997. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,091
  • Gross Building Area: 3,091
  • Building Area: 3,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE VILLA TRACT
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 9 BLOCK 28 MILLBRAE VILLA TRACT

Ownership

  • Current Owner : WONG DUONG TINA
  • Current Owner 2: HY DONG JIMMY QUOC
  • Previous Owner : SPARELIC KATHLEEN
  • Previous Owner 2: SPARELIC MARYANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604800

Zoning

  • Zoning: R20000

Geography

  • Assessors Map Reference: 26-C6
  • Parcel: 024-261-020
  • Block: 28
  • Lot: 9
  • Latitude: 37.5956
  • Longitude: -122.397

    Address

  • Full Address: 161 Laurel Ave
  • Address - House Number: 161
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C014
  • 4-Digit Zip Code: 2325
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,266
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 14-003

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,254,256
  • High Value: 2,753,168
  • Low Value: 1,755,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2019
  • First Open Lien Mortgage Loan Amount: $122,000
  • 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: Sep 01, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,962,507
  • Assessed Land Value: $927,510
  • Assessed Improvements Value: $1,034,997

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2019
  • Current Sale Recording Date: Aug 28, 2019
  • Current Sale Transaction ID: 11644387247
  • Current Sale Price: $1,880,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-069444

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 28, 2019
  • First Mortgage Loan Amount: $122,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Millbrae



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 161 Laurel Avenue located in?
The 161 Laurel Avenue is a multifamily located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 161 Laurel Avenue?
The average sales price for units in 161 Laurel Avenue is $2,098,000 , or $679/sqft. currently.

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