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320 Vallejo Drive 22, Millbrae, California 94030, Millbrae, 94030 - 2 bed, 2 bath

320 Vallejo Drive 22, Millbrae, California 94030 home-pic-0
ACTIVE$768,000
320 Vallejo Drive 22, Millbrae, California 94030
2Beds
2Baths
995Sqft
Lot

Price Vs. Estimate

The estimated value ($671,091.305) is $96,908.695 (12%) lower than the list price ($768,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Mills High School (9/10).
Top Cons:
High HOA Dues: The monthly association fee of $890.79 is substantial and represents a significant ongoing cost, even with the initial seller concession.

Compared to the nearby listings

Price:$768.0K vs avg $768.0K (+$0)50%
Size:995 sqft vs avg 1,052 sqft45%
Price/sqft:$772 vs avg $65455%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old. While it is well-maintained and features some recent updates such as stainless steel appliances, modern kitchen countertops, and a refreshed bathroom shower/tub area with contemporary tiling, several key elements show their age. The kitchen cabinets are a dated light wood style, and the kitchen floor tiles are also outdated. One bathroom vanity also retains an older style. The property is functional and move-in ready, but these dated features prevent it from being classified as 'Good' and indicate it would benefit from minor updates to achieve a more modern aesthetic.
Year Built
1972
Close
-
List price
$768K
Original List price
$798K
Price/Sqft
$772
HOA
$891
Days on market
-
Sold On
-
MLS number
ML82005346
Home ConditionFair
Features
Excellent View:
Deck
View-

About this home

Dreaming of picturesque views and effortless comfort? Nestled in the desirable Mills Estate neighborhood, this 2-bedroom, 2-bath, 995 sq ft condo offers the perfect blend of relaxation and convenience.The bright, sunlit living room is framed by amazing views of the green meadow, SF Bay, and SFO Airport offering a breathtaking natural backdrop. Seamless connected is the adjoining dining area, living area & private balcony. The thoughtfully designed kitchen is equipped with ample cabinetry, in-unit washer & dryer. The primary suite has a walk-in closet. The second bedroom provides a versatile space, ideal for guests or a home office. The community features scenic paths, lush greenery, multiple areas to relax and enjoy the views, and a pool perfect for summer. Situated near I-280, public transportation, and Millbrae BART/Caltrain, shopping & dining options at downtown Millbrae & Burlingame Plaza. Whether you're working from home,entertaining friends,or simply soaking in the views,this home checks all the boxes to experience the best of Millbrae living. Live well at 320 Vallejo where comfort, convenience, nature, & community all come together effortlessly! **Seller is open to a concession of a 2-year HOA dues at the current rate of $890.79 per month or NRCC offer terms dependent**

Nearby schools

6/10
Taylor Middle School
Public,•6-8•0.9mi
9/10
Mills High School
Public,•9-12•1.1mi
Condition Rating
Fair
Built in 1972, this property is over 50 years old. While it is well-maintained and features some recent updates such as stainless steel appliances, modern kitchen countertops, and a refreshed bathroom shower/tub area with contemporary tiling, several key elements show their age. The kitchen cabinets are a dated light wood style, and the kitchen floor tiles are also outdated. One bathroom vanity also retains an older style. The property is functional and move-in ready, but these dated features prevent it from being classified as 'Good' and indicate it would benefit from minor updates to achieve a more modern aesthetic.
Pros & Cons

Pros

Great Schools: High School: Mills High School (9/10).
Panoramic Views: The condo offers amazing, picturesque views of the green meadow, SF Bay, and SFO Airport from the living room and private balcony, enhancing its appeal and lifestyle.
Prime Location & Accessibility: Situated in the desirable Mills Estate neighborhood, with excellent proximity to I-280, public transportation, Millbrae BART/Caltrain, and downtown Millbrae & Burlingame Plaza for shopping and dining.
Community Amenities: The community provides attractive features such as scenic paths, lush greenery, multiple relaxation areas, and a pool, fostering a comfortable and engaging living environment.
Seller Concession: The seller is offering a significant concession of 2 years of HOA dues at the current rate, providing substantial financial relief for the buyer upfront.
Functional Interior & In-Unit Laundry: The unit features a thoughtfully designed kitchen with ample cabinetry and the convenience of an in-unit washer & dryer, adding practical value for residents.

Cons

High HOA Dues: The monthly association fee of $890.79 is substantial and represents a significant ongoing cost, even with the initial seller concession.
Building Age: Built in 1972, the property is over 50 years old, which could imply potential for older systems, maintenance needs, or future special assessments not covered by the HOA dues.
Listing Price vs. Estimated Value: The current listing price is 12% higher than the property's estimated value, which may suggest it is priced above market expectations and could impact buyer interest or negotiation.

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