NOT LISTED FOR SALE

169 Palma St Half Moon Bay, CA 94019

Estimated Value: $1,275,000 - $1,420,433

2 Beds
1 Bath
850 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $1,070,000 $1,259 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,437/month

12 Days on Market

Highlights

  • Ocean View
  • Granite Countertops
  • Open to Family Room
  • Wood Flooring
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of October 2019

A dream comes true! There is something about being near the ocean that does something for the mind, body and soul. There are no words to describe this location but if we had to pick one it would be Quality of life! Location, location, location!! Spectacular views walk to your hearts desire taking your pick from strolling the beach, fine dining, kayaking, paddle boarding, surfing, the best gym Empowered Fitness, spa, shopping, live music, nurserys, yoga, the list goes on! Return home and sit on the patio and enjoy your breakfast while gazing at Mother Earth and all its splendor. Occasionally you see the whales and dolphins migrating. Every day you will be pinching yourself! Come home to your well thought out home including an outdoor shower (a must when playing in the sand), grab a cozy blanket and thank your lucky stars! Included are the plans for a detached garage with a 600 sf apartment. Possibilities are endless with this once in a lifetime opportunity!

Last Agent to Sell the Property

Rich Macario

Compass License #01393258 Listed on: 09/12/2019

Compass

Last Buyer's Agent

Lynnette Giusti

Compass License #00835996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,773

Year Built

  • Built in 1940

Lot Details

  • 8,999 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Stone Countertops In Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 047-123-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,773

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 79
  • Listing Class: Residential
  • Structure Sq Ft: 850
  • Year Built: 1940
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Insert
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 850
  • Stories: 1
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Description: Views
  • Parcel Number: 047-123-140
  • Lot Acres: 0.2066
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Bennett Mary M
Bought by
Bennett Survivors Trust and Bennett
Current Estimated Value
$1,337,858

Purchase Details

Closed on
Jan 19, 2024
Sold by
Reece Randy D and Reece Terri A
Bought by
Randy D Reece And Terri A Schoenrock Revocabl and Reece

Purchase Details

Closed on
Jun 25, 2020
Sold by
Reece Randy D and Schoenrock Tern A
Bought by
Reece Randy D and Schoenrock Tern A

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 26, 2019
Sold by
Bennett Mary M
Bought by
Bennett Mary M
Seller's Agent
Rich Macario
Compass
Buyer's Agent
Lynnette Giusti
Compass
List Price
$989,000
Sold Price
$1,070,000
Premium/Discount to List
$81,000
8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$775,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 15, 2019
Sold by
Macario Richard J and Macario Leslie A
Bought by
Reece Randy D and Schoenrock Terri A
Seller's Agent
Rich Macario
Compass
Buyer's Agent
Lynnette Giusti
Compass
List Price
$989,000
Sold Price
$1,070,000
Premium/Discount to List
$81,000
8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2018
Sold by
Nikolov Vladimir
Bought by
Ilieva Silvana

Purchase Details

Closed on
Nov 30, 2017
Sold by
Macario Richard J
Bought by
Macario Richard J and Macario Leslie A

Purchase Details

Closed on
May 17, 2007
Sold by
Baldwin Weir Patricia M Baldwin and Baldwin Coy Rita M
Bought by
Macario Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Randy D Reece And Terri A Schoenrock Revocabl -- None Listed On Document
Reece Randy D -- None Listed On Document
Reece Randy D -- None Available
Bennett Mary M -- None Available
Reece Randy D $1,070,000 North American Title Co Inc
Ilieva Silvana -- None Available
Macario Richard J -- None Available
Macario Richard J $675,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reece Randy D $450,000
Previous Owner Reece Randy D $775,000
Previous Owner Macario Richard J $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $1,070,000 +8.2% $1,259 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $989,000 -- $1,164 / 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 $13,773 $1,170,197 $836,637 $333,560
2023 $13,773 $1,124,758 $804,150 $320,608
2022 $13,011 $1,102,705 $788,383 $314,322
2021 $12,705 $1,081,084 $772,925 $308,159
2020 $12,705 $1,070,000 $765,000 $305,000
2019 $10,012 $810,696 $405,348 $405,348
2018 $9,335 $794,800 $397,400 $397,400
2017 $9,185 $779,216 $389,608 $389,608
2016 $9,075 $763,938 $381,969 $381,969
2015 $7,164 $597,000 $298,500 $298,500
2014 $6,973 $584,000 $292,000 $292,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81768402

MLSListings

APN: 047-123-140