NOT LISTED FOR SALE

1561 Grand Ave Pacifica, CA 94044

Pedro Point Neighborhood

Estimated Value: $1,814,000 - $1,932,000

3 Beds
3 Baths
1,840 Sq Ft
$1,026/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2015

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

Est. 69% increase in value since last sale

Current estimated payment $11,496 / mo

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

0.43 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2015
Sold by
Bought by
Current Estimated Value
$1,888,456

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 24, 2014
Sold by
Bought by
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
4.69%
Original Mortgage
$672,000
Outstanding Balance
$515,506
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$1,372,950

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bought by

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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$1,120,000 Old Republic Title Company
-- Old Republic Title Company
-- None Available
$1,100,000 Commonwealth Land Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $672,000
Previous Owner $499,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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