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81 Colorados Drive

81 Colorados Drive, Millbrae, CA 94030
Property in Millbrae
Sold May 21, 2021
$2,210,000
$1,582,345 by Ally Bank
Mortgage Due Nov 01, 2051
Sold Jul 28, 2010
$1,150,000
$625,000 by American Internet Mortgage Inc
Mortgage Due Aug 01, 2025
81 Colorados Drive 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 1963 and is 61 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 81 Colorados Drive has 2,070 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 970 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 860 ft and across the front of the lot is 630 ft. The area measurement of the land has been determined as 5,418 square feet.

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 garage underground or in the basement for those who require parking. The garage measured 540 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 81 Colorados Drive was last sold in May 15, 2021 for $2,210,000. According to our calculations, that's $846.74 per sqft. Prior to that sales transaction, the property was sold for $1,150,000 in Jul 16, 2010. Current property owners are expected to pay $25,301 in taxes per year. The property on 81 Colorados Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,254,200. To break that down further, the land itself was valued at $1,382,100. While improvements to the property were assessed at a total of $872,100. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 970
  • Garage Type: Underground/basement
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,418
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,070
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE HIGHLANDS
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 85 MILLBRAE HIGHLANDS SUB NO 10 RSM 34/17 18 CITY OF MILLBRAE

Ownership

  • Current Owner : GOEL ANUP
  • Current Owner 2: GOEL CHAU TRAN
  • Previous Owner : SICILLANO VINCENT
  • Previous Owner 2: SICILLANO SUSANC
  • Owner Before Previous Owner: MAGER ORLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604700

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-B6
  • Parcel: 024-032-030
  • Lot: 85
  • Latitude: 37.5933
  • Longitude: -122.408

    Address

  • Full Address: 81 Colorados Dr
  • Address - House Number: 81
  • Address - Street Name: Colorados
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C002
  • 4-Digit Zip Code: 2107
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,301
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,352,331
  • High Value: 2,851,399
  • Low Value: 1,853,263

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,582,345
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,582,345
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,254,200
  • Assessed Land Value: $1,382,100
  • Assessed Improvements Value: $872,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836773225
  • Current Sale Price: $2,210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-080116
  • Previous Sale Recording Date: Jul 28, 2010
  • Previous Sale Contract Date: Jul 16, 2010
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $1,585,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 28, 2010
  • Previous Mortgage Loan Amount: $625,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2025

About Millbrae



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Frequently Asked Questions

What neighborhood is 81 Colorados Drive located in?
The 81 Colorados Drive is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 81 Colorados Drive?
The average sales price for units in 81 Colorados Drive is $0 currently.

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