Check Availability

511 Bayview Avenue

511 Bayview Avenue, Millbrae, CA 94030
Property in Millbrae
Sold Jun 07, 2023
$1,610,000
$460,000 by Provident Funding Associates L
Mortgage Due Jul 01, 2038
Sold Jan 22, 2004
$594,000
$475,200 by Pacific Community Mortgage Inc
Mortgage Due Feb 01, 2034
Local assessors in Millbrae, CA have categorized 511 Bayview Avenue as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 511 Bayview Avenue has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 475 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 275 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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, 511 Bayview Avenue was last sold in May 30, 2023 for $1,610,000. According to our calculations, that's $1,009.40 per sqft. Prior to that sales transaction, the property was sold for $594,000 in Jan 12, 2004. Current property owners are expected to pay $9,089 in taxes per year. The property on 511 Bayview Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $795,816. To break that down further, the land itself was valued at $397,908. While improvements to the property were assessed at a total of $397,908. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 475
  • Garage Type: Underground/basement
  • Garage Square Area: 275
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,595
  • Gross Building Area: 1,595
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOMITA HILLS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 43 BLOCK 10 LOMITA HILLS RSM 24/58 59

Ownership

  • Current Owner : WANG GARY
  • Previous Owner : CHEN MIKE N
  • Previous Owner 2: CHEN GRACE
  • Owner Before Previous Owner: GRAY IMOGENE
  • Owner Before Previous Owner 2: REYNOLDS DONNA JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-B4
  • Parcel: 021-072-120
  • Block: 10
  • Lot: 43
  • Latitude: 37.6114
  • Longitude: -122.413

    Address

  • Full Address: 511 Bayview Ave
  • Address - House Number: 511
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C005
  • 4-Digit Zip Code: 1107
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,089
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,646,068
  • High Value: 1,938,545
  • Low Value: 1,353,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Jun 07, 2023
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2038

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $795,816
  • Assessed Land Value: $397,908
  • Assessed Improvements Value: $397,908

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Transaction ID: 11908300365
  • Current Sale Price: $1,610,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 26864
  • Previous Sale Recording Date: Jan 22, 2004
  • Previous Sale Contract Date: Jan 12, 2004
  • Previous Sale Amount: $594,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Jun 07, 2023
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC COMMUNITY MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 22, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $475,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2034

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 511 Bayview Avenue located in?
The 511 Bayview Avenue is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 511 Bayview Avenue?
The average sales price for units in 511 Bayview Avenue is $0 currently.

Quantcast