550 Millbrae Avenue

550 Millbrae Avenue has been categorized by the local assessors in Millbrae, CA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 550 Millbrae Avenue has 1,942 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 550 Millbrae Avenue sold most recently in Sep 3, 1998 for a total of $480,000. If you work out the math, that's approximately a cost of $247.17 per sqft. Before that, the property was also sold for $480,000 in Jul 29, 1998. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $8,411 in taxes each year. 550 Millbrae Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $709,086. If we break it down further, the land itself was valued at $214,200. Improvements to the property, however, were assessed at a total of $494,886. The property's total assessed value has been marked as more than the total market value 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.