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555 Palm Ave

Millbrae, CA 94030

2 bd 2 ba 1,396 sqft Built 1975 condos
Most recent sale
$1,185,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $1,185,000 MLS #ML81880067
Mar 15, 2022 Listed $1,100,000 MLS #ML81880067
Oct 24, 2014 Sold $640,000 MLS #ML81433042
Sep 11, 2014 Listed $649,500 MLS #81433042
May 25, 1999 Sold $332,000 Public Record
Jan 30, 1981 Sold $100,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $880,271 $377,259 $1,257,530 $15,997
2024 $880,271 $377,259 $1,257,530 $15,228
2023 $846,090 $362,610 $1,208,700 $15,035
2022 $507,371 $217,443 $724,814 $8,296
2021 $497,423 $213,180 $710,603 $8,203
2020 $492,323 $210,995 $703,318 $8,070
2019 $482,670 $206,858 $689,528 $7,880
2018 $473,206 $202,802 $676,008 $7,726
2017 $463,928 $198,826 $662,754 $7,516
2016 $454,832 $194,928 $649,760 $7,415
2015 $448,000 $192,000 $640,000 $7,364
2014 $62,384 $27,979 $90,363 $1,225
2013 $62,103 $27,853 $89,956 $1,167
2012 $60,886 $27,307 $88,193 $1,145
2011 $59,693 $26,772 $86,465 $1,122
2010 $59,247 $26,572 $85,819 $1,106
2009 $59,388 $26,636 $86,024 $1,087
2008 $58,224 $26,114 $84,338 $1,094
2007 $57,083 $25,602 $82,685 $992

Property facts

Year built
1975
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,396 sqft
Lot size
ZIP code
94030
City
Millbrae
Street
Palm Ave
Coordinates
37.60115, -122.39983

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,467
Gross rental yield
4.52%
Implied cap rate
2.94%
Trend-extrapolated value

Frequently asked questions

When did 555 Palm Ave last sell?
555 Palm Ave most recently sold on Apr 22, 2022 for $1,185,000.
What is the current tax assessment for 555 Palm Ave?
The most recent total assessment for 555 Palm Ave (year 2025) is $1,257,530 with $15,997 in property tax.
How does 555 Palm Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,185,000.
When was 555 Palm Ave built?
555 Palm Ave was built in 1975.
How does 555 Palm Ave compare to others on Palm Ave?
We track 8 other properties on Palm Ave. Browse the list under "Other properties on Palm Ave" to compare beds, baths, and sale history.
What are the property facts for 555 Palm Ave?
555 Palm Ave is a 2 bed, 2 bath, 1,396 sqft condos.
Is 555 Palm Ave a flip candidate?
No — 555 Palm Ave does not appear in our flips dataset.
Is 555 Palm Ave a tax-appeal candidate?
No — 555 Palm 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
-5.6%
Implied 1-yr
-22.3%
2026 Q2
$1.1M
2026 Q3
$1M
ZIP 94030 — Median Price History + Forecast

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