NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,475,000

3 Beds
3 Baths
1,320 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold November 10, 2017

Last sale price $979,000 $742 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,228/month

12 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 1 Car Attached Garage
  • Terra Nova High School Rated A-
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of November 2017

This sweet property is perfect for the first time homebuyer looking to offset their mortgage payments with significant rental income or a savvy investor interested in a great cap rate. Two charming cottages with privacy and outdoor space and thoughtful floorplans. Both cottages have been freshly updated, but still leave the opportunity for the new Owner to add their personal touches and really make their mark on this ideally located property. The front cottage has 2 bedrooms, 2 baths, a spacious living areas and plenty of storage. The back cottage, although just a studio, is perfectly laid out to allow for great indoor/outdoor living and privacy. Your dream of living at the beach has come true. Zoned R2

Last Agent to Sell the Property

Jenn Gilson

Golden Gate Sotheby's International Realty License #01889172 Listed on: 10/02/2017

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jeff Lang

Compass License #01221669

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 2,879 Sq Ft Lot
  • Zoning described as C30000

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 016-041-170

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1320
  • Year Built: 1938
  • Zoning Description: C30000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning, Wood Stove
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 1320
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Parcel Number: 016-041-170
  • Lot Acres: 0.0661
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2880.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2880.00

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Nov 6, 2017
Sold by
Smith Colleen P
Bought by
Mecchella Monica
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jeff Lang
Compass
List Price
$949,000
Sold Price
$979,000
Premium/Discount to List
$30,000
3.16%
Current Estimated Value
$1,345,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,799
Avg. Annual Appreciation
4.00%
Original Mortgage
$734,250
Outstanding Balance
$614,941
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$730,858

Purchase Details

Closed on
Jun 13, 2005
Sold by
Lee Gene H and Lee Julita B
Bought by
Smith Colleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Humphrey Barbara Ann and Carroll Robert
Bought by
Lee Gene H and Lee Julita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Mecchella Monica $979,000 Old Republic Title Company
Smith Colleen P $768,000 Old Republic Title Company
Lee Gene H $531,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mecchella Monica $734,250
Previous Owner Smith Colleen P $614,400
Previous Owner Lee Gene H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2017 11/10/17 Sold $979,000 +3.2% $742 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $949,000 -- $719 / 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 $14,126 $1,113,930 $910,261 $203,669
2023 $14,126 $1,070,676 $874,915 $195,761
2022 $13,620 $1,049,683 $857,760 $191,923
2021 $13,012 $1,029,102 $840,942 $188,160
2020 $12,932 $1,018,551 $832,320 $186,231
2019 $12,657 $998,580 $816,000 $182,580
2018 $12,166 $979,000 $800,000 $179,000
2017 $10,841 $875,000 $437,500 $437,500
2016 $10,060 $800,000 $400,000 $400,000
2015 $8,504 $680,000 $340,000 $340,000
2014 $7,656 $545,000 $272,500 $272,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81680021

MLSListings

APN: 016-041-170