NOT LISTED FOR SALE

130 Salada Ave Pacifica, CA 94044

Sharp Park Neighborhood

Estimated Value: $1,886,000 - $2,227,000

9 Beds
4 Baths
4,087 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $1,680,000 $411 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,669/month

Highlights

  • 4 Car Attached Garage
  • Terra Nova High School Rated A-
  • Coin Laundry

About This Home

As of April 2020

4 residential units in Sharp Park. Close to shops on Palmetto, 5 min walk to Pacifica Pier. Only 15 minutes to San Francisco when theres no traffic. Two larger units on the upper level, two smaller units down. Enclosed parking for each unit, proximity to the City and a beach community make this a popular location for tenants or to owner occupy and collect income. New roof in 2016. Please do not disturb tenants.

Last Agent to Sell the Property

John Gieseker

Berkshire Hathaway Home Services California Realty License #00768503 Listed on: 02/27/2020

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

Andy Gan

Berkshire Hathaway Home Services California Realty License #01868784

Berkshire Hathaway Home Services California Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,655

Year Built

  • 1963

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,087 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,930

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $4,500
  • Maintenance Expense $4,000
  • Manager Expense $5,800
  • Other Expense $528
  • Utility Expense $2,953
  • Trash Expense $2,064
  • Operating Expense $39,945
  • Gross Income $98,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,655

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: Multi unit residential
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4087
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 4087
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.1033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.97
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 4500
  • Expense Maintenance: 4000
  • Expense Management: 5800
  • Expenses Other: 528
  • Expenses Total: 39945
  • Expenses Utility: 2953
  • Expense Trash: 2064
  • Income Annual Gross: 98730.00
  • Income Annual Rental: 96930
  • Income Gross Scheduled: 98730
  • Income Includes: Laundry, Rents
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 10, 2020
Sold by
Lax Cynthia and Lax Cindy
Bought by
Xiong Yizhi and Zhao Tong
Seller's Agent
John Gieseker
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Andy Gan
Berkshire Hathaway Home Services California Realty
List Price
$1,675,000
Sold Price
$1,680,000
Premium/Discount to List
$5,000
0.3%
Current Estimated Value
$2,023,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,590
Avg. Annual Appreciation
3.17%
Original Mortgage
$1,092,000
Outstanding Balance
$957,151
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,031,321

Purchase Details

Closed on
Sep 13, 2010
Sold by
Hansberg William A and Hansberg Ann M
Bought by
Hansberg William A and Hansberg Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Hansberg William A and Hansberg Ann M
Bought by
Hansberg William A and Hansberg Ann M
Source: Public Records

Range of Values:

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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
Xiong Yizhi $1,680,000 Chicago Title Company
Hansberg William A -- Accommodation
Hansberg William A -- First American Title Company
Hansberg William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong Yizhi $1,092,000
Previous Owner Second Cindy Lax $250,000
Previous Owner Hansberg William A $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $1,680,000 +0.3% $411 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $1,675,000 -- $410 / 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 $22,655 $1,837,320 $820,233 $1,017,087
2023 $22,655 $1,765,977 $788,383 $977,594
2022 $20,843 $1,731,351 $772,925 $958,426
2021 $21,357 $1,697,404 $757,770 $939,634
2020 $4,106 $136,855 $26,388 $110,467
2019 $4,511 $134,172 $25,871 $108,301
2018 $4,167 $131,542 $25,364 $106,178
2017 $5,305 $128,964 $24,867 $104,097
2016 $4,938 $126,436 $24,380 $102,056
2015 $4,224 $124,538 $24,014 $100,524
2014 $4,224 $122,099 $23,544 $98,555
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Gieseker

    Berkshire Hathaway Home Services California Realty

    Section Image

  • A

    Buyer's Agent in 2020

    Andy Gan

    Berkshire Hathaway Home Services California Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81784339

MLSListings

APN: 016-060-270

California San Mateo County Pacifica 94044 Sharp Park

130 Salada Ave, Pacifica, CA

This home is located at 130 Salada Ave, Pacifica, CA 94044 since 27 February 2020 and is currently estimated at $2,023,590, approximately $495 per square foot. This property was built in 1963. 130 Salada Ave is a home located in San Mateo County with nearby schools including Ocean Shore Elementary School, Cabrillo Elementary School, and Linda Mar Educational Center.

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