NOT LISTED FOR SALE

1 Picardo Ranch Pacifica, CA 94044

Fairway Park Neighborhood

Estimated Value: $4,612,088

166.11 Acres
$27,765 Price per Acre
7,235,926 Sq Ft Lot

Last Sold September 17, 2019

Last sale price $4,000,000 $3,182 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,310/month

319 Days on Market

Highlights

  • Covered Arena
  • Horse Property
  • Canyon View
  • Terra Nova High School Rated A-
  • 166.11 Acre Lot
  • Pole Barn

About This Lot

As of September 2019

166 Acre Horse Property with beautiful views located in San Francisco Bay Area. This ranch sits just minutes from the town of Pacific yet is private, serene and expansive. There are breathtaking trails through the entire property for horse riding and adjacent to the Golden Gate National Recreation Area. Millwood Ranch is a full service horse boarding facility with pastures, pole barns and barn stalls with cleaning and turnouts. In addition, there are large paddocks with water tubs suitable for single or multiple horses.

Last Agent to Sell the Property

Joanne Leong

CENTURY 21 Masters License #01100580 Listed on: 08/30/2016

CENTURY 21 Masters

Co-Listed By

Lawrence Ho

CENTURY 21 Masters License #00773063

Last Buyer's Agent

Bill Mar

Compass License #01363076

Property Details

Property Type

  • Land

Lot Details

  • 166.11 Acre Lot
  • Level Lot
  • Hillside Location

Property Views

  • Canyon
  • Ridge
  • Hills
  • Park or Greenbelt

Home Design

  • Ranch Property

Outdoor Features

  • Horse Property
  • Boarding Facilities
  • Pole Barn

Farming

  • Pasture

Horse Facilities and Amenities

  • Paddocks
  • Trailer Storage
  • Hay Storage
  • Round Pen
  • Covered Arena
  • Stables
  • Riding Trail

Utilities

  • Gas Available
  • Spring water is a source of water for the property
  • Water Storage
  • Septic Tank

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: AB0005
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Ranch
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Hills, Park, Pasture, Ridge
  • Horse Property: Yes
  • Horse Property Description: Arena - Covered, Barn, Barn Amenities, Boarding Stable, Hay Storage, Paddocks, Pasture, Pole Barn, Riding Trails, Round Pen, Stalls, Trailer Storage

Utilities

  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Description: Grade - Hillside, Grade - Level, Grade - Varies, Views
  • Lot Acres: 166.1140
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7235941.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7235941.00
  • Parcel Access: Gravel, Private Road, Unpaved Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Sep 11, 2019
Sold by
Tong Millard W and Tong Alicia W
Bought by
Title Exchange Services Llc
Seller's Agent
Joanne Leong
CENTURY 21 Masters
Buyer's Agent
Bill Mar
Compass
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%
Current Estimated Value
$4,612,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,088
Avg. Annual Appreciation
2.27%

Purchase Details

Listed on
Aug 30, 2016
Closed on
Sep 10, 2019
Sold by
The Trust For Public Land
Bought by
Tong Millard W and Tong Alicia W
Seller's Agent
Joanne Leong
CENTURY 21 Masters
Buyer's Agent
Bill Mar
Compass
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%

Purchase Details

Closed on
Jan 26, 2012
Sold by
The Trust For Public Land
Bought by
Tong Millard W and Tong Alicia W

Purchase Details

Closed on
Feb 16, 2005
Sold by
Nshe Rolling Fields Llc
Bought by
Tong Millard W and Tong Alicia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 10, 2005
Sold by
Picardo Louis
Bought by
Nshe Rolling Fields Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2003
Sold by
The Trust Of Public Land
Bought by
Picardo Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Title Exchange Services Llc $4,000,000 Chicago Title Company
Tong Millard W -- Chicago Title Company
Tong Millard W -- None Available
Tong Millard W $3,775,500 Fidelity National Title
Nshe Rolling Fields Llc $3,000,000 Fidelity National Title Co
Picardo Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nshe Rolling Fields Llc $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Sold $4,000,000 -11.1% $3,182 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $4,500,000 -- $3,580 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $50,333 $4,374,579 $3,937,123 $437,456
2023 $50,333 $4,204,711 $3,784,241 $420,470
2022 $45,819 $4,122,267 $3,710,041 $412,226
2021 $45,462 $4,041,440 $3,637,296 $404,144
2020 $46,620 $4,000,000 $3,600,000 $400,000
2019 $59,274 $5,088,423 $4,374,117 $714,306
2018 $57,307 $4,988,652 $4,288,350 $700,302
2017 $55,704 $4,890,837 $4,204,265 $686,572
2016 $54,728 $4,794,940 $4,121,829 $673,111
2015 $46,394 $4,163,002 $3,500,000 $663,002
2014 $37,758 $3,375,000 $3,000,000 $375,000
Source: Public Records

Agents Affiliated with this Home

  • Joanne Leong

    Seller's Agent in 2019

    Joanne Leong

    CENTURY 21 Masters

    (650) 678-5888

    18 Total Sales

    Joanne Leong
    Section Image
  • Lawrence Ho

    Seller Co-Listing Agent in 2019

    Lawrence Ho

    CENTURY 21 Masters

    (650) 678-5888

    3 Total Sales

    Lawrence Ho
    Section Image

  • B

    Buyer's Agent in 2019

    Bill Mar

    Compass

  • R

    Buyer Co-Listing Agent in 2019

    Robert Griffin

    Robert Griffin, Broker

    (714) 305-0030

    6 Total Sales

    Robert Griffin
    Section Image

  • S

    Buyer Co-Listing Agent in 2019

    Stacy Chui

    Sequoia Real Estate

  • J

    Buyer Co-Listing Agent in 2019

    Jennifer Horton

    FlyHomes, Inc

    (408) 242-8057

    Jennifer Horton
    Section Image
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Map

Source: MLSListings

MLS Number: ML81612278

MLSListings

APN: 022-310-050

California San Mateo County Pacifica 94044 Fairway Park

1 Picardo Ranch, Pacifica, CA

Not Listed for Sale

Lots

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