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545 Hemlock Avenue

545 Hemlock Avenue, Millbrae, CA 94030
Property in Millbrae
Sold Apr 20, 2016
$7,500
$240,000 by Maxreal Cupertino
Mortgage Due May 01, 2046
Sold Jul 31, 2015
$1,160,000
$500,000 by New York Community Bank
Mortgage Due Aug 01, 2045
Local assessors in Millbrae, CA have categorized 545 Hemlock Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 5,250 square feet. The linear feet between the front and back of the lot was measured at 1,050 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 8 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 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 545 Hemlock Avenue has a total of 1,760 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 250 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, 545 Hemlock Avenue was last sold in Apr 14, 2016 for $7,500. According to our calculations, that's $4.26 per sqft. Prior to that sales transaction, the property was sold for $1,160,000 in Jul 27, 2015. Current property owners are expected to pay $14,627 in taxes per year. The property on 545 Hemlock Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,293,992. To break that down further, the land itself was valued at $646,996. While improvements to the property were assessed at a total of $646,996. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 250
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE MANOR SUB 2
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLOCK 5 MILLBRAE MANOR SUB 2

Ownership

  • Current Owner : JIANG ZHANG
  • Previous Owner : SUEN GARY YUEN KWAN
  • Owner Before Previous Owner: KWAN CHUN WAH
  • Owner Before Previous Owner 2: KWAN GRACE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604400

Zoning

  • Zoning: C10000

Geography

  • Assessors Map Reference: 26-D5
  • Parcel: 024-154-340
  • Block: 5
  • Lot: 9
  • Latitude: 37.6018
  • Longitude: -122.39

    Address

  • Full Address: 545 Hemlock Ave
  • Address - House Number: 545
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C013
  • 4-Digit Zip Code: 2633
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,627
  • Tax Rate Code Area: 14-007

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,889,085
  • High Value: 2,289,871
  • Low Value: 1,488,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: MAXREAL CUPERTINO
  • First Open Lien Mortgage Recording Date: Apr 20, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,293,992
  • Assessed Land Value: $646,996
  • Assessed Improvements Value: $646,996

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2016
  • Current Sale Recording Date: Apr 20, 2016
  • Current Sale Transaction ID: 1542283286
  • Current Sale Price: $7,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-036417
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jul 27, 2015
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAXREAL CUPERTINO
  • First Mortgage Transaction Date: Apr 20, 2016
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW YORK COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jul 31, 2015
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Millbrae



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Frequently Asked Questions

What neighborhood is 545 Hemlock Avenue located in?
The 545 Hemlock Avenue is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 545 Hemlock Avenue?
The average sales price for units in 545 Hemlock Avenue is $0 currently.

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