NOT LISTED FOR SALE

1561 Grand Ave Pacifica, CA 94044

Pedro Point Neighborhood

Estimated Value: $1,919,378 - $2,095,000

3 Beds
3 Baths
1,840 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $1,120,000 $609 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $12,087/month

68 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating System
  • 1-Story Property
  • Terra Nova High School Rated A-
  • Carpet

About This Home

As of January 2015

A must see. Two homes on almost half an acre at Magical Pedro Pt. Great for investment or live in one & let the other pay the mortgage.Backs up to GGNRA. Main home has wrap-around deck w/Ocean & or Mt Views. Approx 1200+ Sq. ft. 2 BR, 2 BA, Kit, lg FR (can be 3rd Br), DR and LR. Hdwd fl, lush grounds, views & more. 2nd home has 1 BR,den, 1 BA, LR, eat-in kit, 2 car tandem garage, private patio & g

Last Agent to Sell the Property

Lee Ginsburg

Berkshire Hathaway Home Services California Realty License #01391378 Listed on: 09/03/2014

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

Angela Howatt

KW Advisors License #01879076

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • 0.43

Parking

  • Private Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Duplex

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • 1,840 Sq Ft Building

Building Details

  • Operating Expense $10,860

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: 10006
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 1840
  • Stories: 1
  • Laundry: Gas Hookup, Laundry Area - In All Units, In Garage
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • View: Mountains, Ocean

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 18750.00
  • Lot Size Area Min Search: 18750.00
  • Maximum Lot Size: 18750.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 10860
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2015
Sold by
Hsu Vivien
Bought by
Hsu Vivien
Current Estimated Value
$2,031,730

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 24, 2014
Sold by
Vreeland Laurine E
Bought by
Hsu Vivien
Seller's Agent
Lee Ginsburg
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Angela Howatt
KW Advisors
List Price
$1,179,000
Sold Price
$1,120,000
Premium/Discount to List
-$59,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$672,000
Outstanding Balance
$515,506
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$1,475,953

Purchase Details

Closed on
Mar 6, 2012
Sold by
Vreeland James M and Vreeland Laurine E
Bought by
Vreeland Laurine E

Purchase Details

Closed on
Apr 20, 2005
Sold by
Hays Irene A
Bought by
Vreeland James M and Vreeland Laurine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,900
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2005
Sold by
Smith Thomas Hard
Bought by
Hays Irene A
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
Hsu Vivien -- None Available
Hsu Vivien -- None Available
Hsu Vivien $1,120,000 Old Republic Title Company
Vreeland Laurine E -- Old Republic Title Company
Vreeland Laurine E -- None Available
Vreeland James M $1,100,000 Commonwealth Land Title Co
Hays Irene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Vivien $672,000
Previous Owner Vreeland James M $499,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2015 01/07/15 Sold $1,120,000 -5.0% $609 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $1,179,000 -- $641 / 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 $17,690 $1,346,062 $673,031 $673,031
2023 $17,690 $1,293,796 $646,898 $646,898
2022 $16,382 $1,268,428 $634,214 $634,214
2021 $15,993 $1,243,558 $621,779 $621,779
2020 $16,231 $1,230,808 $615,404 $615,404
2019 $16,546 $1,206,676 $603,338 $603,338
2018 $15,228 $1,183,016 $591,508 $591,508
2017 $14,739 $1,159,820 $579,910 $579,910
2016 $14,398 $1,137,080 $568,540 $568,540
2015 $13,832 $1,120,000 $560,000 $560,000
2014 $11,117 $855,000 $427,500 $427,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lee Ginsburg

    Berkshire Hathaway Home Services California Realty

    Section Image

  • A

    Buyer's Agent in 2015

    Angela Howatt

    KW Advisors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81432061

MLSListings

APN: 023-026-070

California San Mateo County Pacifica 94044 Pedro Point

1561 Grand Ave, Pacifica, CA

Not Listed for Sale

MultiFamily

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