NOT LISTED FOR SALE

Estimated Value: $839,000 - $933,000

2 Beds
2 Baths
1,400 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $811,000 $579 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,503/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Loft
  • Terra Nova High School Rated A-
  • Garden View
  • High Ceiling

About This Home

As of September 2023

Located in the romantic north coast town of Pacifica and situated in one of the Bay Areas most desirable neighborhoods,1243 Terra Nova is a rare opportunity to have it all. Highlights include spacious sun filled rooms, soaring ceilings, walls of glass, trendy - contemporary updates, remarkable privacy, approximately 1400 sqft of highly functional living space. Featuring the rarely available and exceptionally spacious F floor plan along with a quiet inviting neighborhood -this is a rare opportunity to have it all. Thoughtfully integrated living space intersects total function at the Terra Nova home - beautifully defines, move-in-condition. Other highlights include: a bright refreshed kitchen, a large loft (a perfect home office or workout area) and in unit laundry. The rear yard is a dream - with wonderful room for the gardening enthusiast or those who envision outdoor entertainment. The location is exceptional with great schools, local shops, fun coastal restaurants all close at hand.

Last Agent to Sell the Property

Rehana Hafiz

Intero Real Estate Services License #01729070 Listed on: 08/09/2023

Intero Real Estate Services

Last Buyer's Agent

Veronica Avelar

REMAX Gold Pacifica License #01406363

REMAX Gold Pacifica

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1970

Lot Details

  • 871 Sq Ft Lot
  • Back Yard

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Den
  • Loft
  • Garden Views
  • Laundry in Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 023-800-220

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, insurance - common area, maintenance - common area
  • 258 Units
  • Terra Nova Homeowners Association
  • Built by TERRA NOVA HOMEOWNERS ASSOCIATIO

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Traditional
  • Restrictions: Family Park, Pets - Allowed, Pets - Number Restrictions
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 258
  • Min Numberof Unitsin Complex: 258
  • Structure Sq Ft: 1400
  • Complex Name: TERRA NOVA HOMEOWNERS ASSOCIATIO
  • Year Built: 1970
  • Zoning Description: RM0000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1400
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room
  • Additional Rooms: Den / Study / Office, Loft
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower and Tub, Updated Bath

Exterior Features

  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, On Street
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • Association Fees Include: Exterior Painting, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: TERRA NOVA HOMEOWNERS ASSOCIATION
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Parcel Number: 023-800-220
  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 870.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 870.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 11, 2023
Sold by
Melton Zea and Ryan David
Bought by
Tetrev Lauren Mechelle and Phoa Leonie Isella
Seller's Agent
Rehana Hafiz
Intero Real Estate Services
Buyer's Agent
Veronica Avelar
REMAX Gold Pacifica
List Price
$818,000
Sold Price
$811,000
Premium/Discount to List
-$7,000
-0.86%
Views
121
Current Estimated Value
$875,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,638
Avg. Annual Appreciation
3.41%
Original Mortgage
$715,420
Outstanding Balance
$700,075
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$175,563

Purchase Details

Closed on
Apr 22, 2015
Sold by
Melton Zea and Frayne Ryan David
Bought by
Melton Zea and Frayne Ryan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2014
Closed on
Jun 13, 2014
Sold by
Sellers Michael J and Sellers Jo Anna
Bought by
Melton Zea and Frayne Ryan David
Seller's Agent
Mary Yeargain
Compass
Buyer's Agent
Angela Tu
Angela Tu, Broker
List Price
$469,950
Sold Price
$470,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$46,500
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 2013
Sold by
Us Distressed Mortgage Fund Llc
Bought by
Sellers Michael J and Sellers Jo Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2011
Sold by
Bauguess Tiffany
Bought by
U S Distressed Mortgage Fund Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Nappi James and Nappi Tracy E
Bought by
Bauguess Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Branze Mary L
Bought by
Nappi James and Hagan Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
7.06%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Schwarz Jerrold S and Gay Patti J
Bought by
Kellard Garrett
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tetrev Lauren Mechelle $811,000 Lawyers Title Company
Melton Zea -- Fidelity National Title
Melton Zea $470,000 North American Title Co Inc
Sellers Michael J $415,000 First American Title Company
U S Distressed Mortgage Fund Llc $273,355 None Available
Bauguess Tiffany $445,000 Old Republic Title Company
Nappi James $341,000 Fidelity National Title Co
Kellard Garrett $315,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tetrev Lauren Mechelle $715,420
Previous Owner Melton Zea $375,000
Previous Owner Melton Zea $46,500
Previous Owner Melton Zea $376,000
Previous Owner Sellers Michael J $394,250
Previous Owner Bauguess Tiffany $356,000
Previous Owner Nappi James $272,800
Closed Nappi James $34,100
Closed Bauguess Tiffany $66,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $811,000 -0.9% $579 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $818,000 +74.0% $584 / Sq Ft
06/20/2014 06/20/14 Sold $470,000 0.0% $336 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $469,950 -- $336 / 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 $10,989 $827,220 $413,610 $413,610
2023 $10,989 $553,774 $276,887 $276,887
2022 $8,847 $542,916 $271,458 $271,458
2021 $8,425 $532,272 $266,136 $266,136
2020 $7,628 $526,816 $263,408 $263,408
2019 $7,981 $516,488 $258,244 $258,244
2018 $7,370 $506,362 $253,181 $253,181
2017 $6,727 $496,434 $248,217 $248,217
2016 $6,458 $486,700 $243,350 $243,350
2015 $6,128 $479,390 $239,695 $239,695
2014 $5,331 $415,000 $207,500 $207,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937713

MLSListings

APN: 023-800-220