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311 Elder Ave

Millbrae, CA 94030

3 bd 3 ba 1,670 sqft Built 1936 Lot 6,000 sqft single_family
Most recent sale
$2,150,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $2,150,000 MLS #ML81898429
Aug 23, 2022 Price changed $2,049,000 MLS #ML81898429
Jul 31, 2022 Listed $2,200,000 MLS #ML81898429
Mar 24, 2016 Listing removed $5,695 VFlyer
Mar 3, 2016 Listed for rent $5,695 VFlyer
Jun 17, 1968 Sold $36,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $624,240 $1,612,620 $2,236,860 $27,106
2024 $624,240 $1,612,620 $2,236,860 $25,874
2023 $600,000 $1,550,000 $2,150,000 $25,498
2022 $92,950 $36,942 $129,892 $1,764
2021 $91,128 $36,218 $127,346 $1,748
2020 $90,194 $35,847 $126,041 $1,724
2019 $88,426 $35,145 $123,571 $1,690
2018 $86,693 $34,456 $121,149 $1,662
2017 $84,994 $33,781 $118,775 $1,545
2016 $83,328 $33,119 $116,447 $1,517
2015 $82,077 $32,622 $114,699 $1,429
2014 $80,470 $31,983 $112,453 $1,399
2013 $80,107 $31,839 $111,946 $1,381
2012 $78,537 $31,215 $109,752 $1,355
2011 $76,998 $30,603 $107,601 $1,326
2010 $76,423 $30,375 $106,798 $1,306
2009 $76,605 $30,448 $107,053 $1,287
2008 $75,103 $29,851 $104,954 $1,243
2007 $73,631 $29,266 $102,897 $1,208

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,670 sqft
Lot size
6,000 sqft
ZIP code
94030
City
Millbrae
Street
Elder Ave
Coordinates
37.59916, -122.39621

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 311 Elder Ave last sell?
311 Elder Ave most recently sold on Sep 20, 2022 for $2,150,000.
What is the current tax assessment for 311 Elder Ave?
The most recent total assessment for 311 Elder Ave (year 2025) is $2,236,860 with $27,106 in property tax.
How does 311 Elder Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $2,150,000.
When was 311 Elder Ave built?
311 Elder Ave was built in 1936.
How does 311 Elder Ave compare to others on Elder Ave?
We track 7 other properties on Elder Ave. Browse the list under "Other properties on Elder Ave" to compare beds, baths, and sale history.
What are the property facts for 311 Elder Ave?
311 Elder Ave is a 3 bed, 3 bath, 1,670 sqft, 6,000 sqft lot single_family.
Is 311 Elder Ave a flip candidate?
No — 311 Elder Ave does not appear in our flips dataset.
Is 311 Elder Ave a tax-appeal candidate?
No — 311 Elder Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.9%
Implied 1-yr
-19.5%
2026 Q2
$1.14M
2026 Q3
$1.06M
ZIP 94030 — Median Price History + Forecast

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