Check Availability

348 Paramount Drive

348 Paramount Drive, Millbrae, CA 94030
Property in Millbrae
Sold Feb 05, 1998
Transfer
$745,000 by Constant Investments Inc
Mortgage Due Dec 01, 2050
Local assessors in Millbrae, CA have categorized 348 Paramount Drive as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,225 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 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 348 Paramount Drive has a total of 2,536 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 underground or in the basement for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of tar and gravel. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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. Current property owners are expected to pay $9,262 in taxes per year. The property on 348 Paramount Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $804,333. To break that down further, the land itself was valued at $265,461. While improvements to the property were assessed at a total of $538,872. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Contemporary
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 619
  • Garage Type: Underground/basement
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,225
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,155
  • Gross Building Area: 3,155
  • Building Area: 2,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLWOOD
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 BLOCK 5 MILLWOOD RSM 25/62

Ownership

  • Current Owner : PAK KI TAE
  • Current Owner 2: PAK YOUNG S
  • Previous Owner : CHO KYUNG S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604500

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-B5
  • Parcel: 021-266-210
  • Block: 5
  • Lot: 31
  • Latitude: 37.6079
  • Longitude: -122.405

    Address

  • Full Address: 348 Paramount Dr
  • Address - House Number: 348
  • Address - Street Name: Paramount
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C018
  • 4-Digit Zip Code: 1325
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,262
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 1,859,553
  • High Value: 2,263,550
  • Low Value: 1,455,557

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $745,000
  • First Open Lien Mortgage Lender: CONSTANT INVESTMENTS INC
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $745,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $804,333
  • Assessed Land Value: $265,461
  • Assessed Improvements Value: $538,872

    Sales

  • Current Sale Contract Date: Jan 28, 1998
  • Current Sale Recording Date: Feb 05, 1998
  • Current Sale Transaction ID: 1069015503
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98014604

    Last Sale Mortgage

  • First Mortgage Lender: CROSSLAND MTG
  • First Mortgage Transaction Date: Feb 05, 1998
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Feb 01, 2013

About Millbrae



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 126 San Anselmo Ave, SAN BRUNO, CA, 94066

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,420 ft²
126 San Anselmo Ave, SAN BRUNO, CA, 94066 Listing by Joseph Galimba

Frequently Asked Questions

What neighborhood is 348 Paramount Drive located in?
The 348 Paramount Drive is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 348 Paramount Drive?
The average sales price for units in 348 Paramount Drive is $0 currently.

Quantcast