NOT LISTED FOR SALE

205 Farallone Ave Montara, CA 94037

Estimated Value: $1,800,000 - $2,086,000

4 Beds
2.5 Baths
2,990 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 13, 2017

Last sale price $1,445,000 $483 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,048/month

135 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Marble Flooring
  • Deck
  • Two Way Fireplace
  • Granite Countertops

About This Home

As of March 2017

Dramatic custom built ocean view home by one of the Coast's best builders. You'll love the inverted floor plan with high ceilings in the "great room" with a two way fireplace connecting to the office with its own half bath and large sliding doors leading to the generous sized deck overlooking the ocean. Kitchen has large center island and top of the line appliances. The master bedroom with its own private deck and sumptuous master bath is also on the upper level. Downstairs are 3 bedrooms and 1 full bathroom. This dramatic home is located near Montara State Beach with views of the Farallone Islands.

Last Agent to Sell the Property

Trish Power

Compass License #01972237 Listed on: 10/06/2016

Compass

Last Buyer's Agent

The reSolve Group

Compass License #70010012

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 6,011 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Library
  • Ocean Views
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Kitchen

  • Open to Family Room
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Well
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 036-034-010

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2990
  • Year Built: 2002
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Dual See Thru
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Oven Range - Built-In, Gas
  • Living Sq Ft: 2990
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Library
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Back Yard, Deck
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 036-034-010
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Cabrillo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Mar 3, 2017
Sold by
Luhn Matthew R and Luhn Valerie Lapointe
Bought by
Mao Grace
Seller's Agent
Trish Power
Compass
Buyer's Agent
The reSolve Group
Compass
List Price
$1,495,000
Sold Price
$1,445,000
Premium/Discount to List
-$50,000
-3.34%
Current Estimated Value
$1,973,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,149
Avg. Annual Appreciation
3.36%
Original Mortgage
$442,600
Outstanding Balance
$367,231
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$1,566,803

Purchase Details

Closed on
Feb 3, 2011
Sold by
Luhn Matthew R
Bought by
Luhn Matthew R and Luhn Valerie Lapointe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2007
Sold by
Luhn Matthew R and Luhn Suzannah C
Bought by
Luhn Matthew R

Purchase Details

Closed on
Apr 25, 2006
Sold by
Greene Robert A and Greene Melissa W
Bought by
Landamerica Onestop Inc and Executive Relocation Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2006
Sold by
Landamerica Onestop Inc
Bought by
Luhn Matthew R and Luhn Suzannah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2004
Sold by
Thompson Christopher P and Wray Susan
Bought by
Greene Robert A and Greene Melissa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2001
Sold by
Thompson Christopher P and Susan Wray
Bought by
Thompson Christopher P and Wray Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 1999
Sold by
Benner Virginia J Tr
Bought by
Thompson Christopher P and Wray Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,625
Interest Rate
7.68%
Mortgage Type
Balloon
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
Mao Grace $1,445,000 Cornerstone Title Company
Luhn Matthew R -- Old Republic Title Company
Luhn Matthew R -- None Available
Landamerica Onestop Inc $1,241,500 North American Title
Luhn Matthew R $1,239,000 North American Title
Greene Robert A $990,000 Old Republic Title Company
Thompson Christopher P -- North American Title Co
Thompson Christopher P $131,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Grace $442,600
Previous Owner Luhn Matthew R $675,000
Previous Owner Landamerica Onestop Inc $300,000
Previous Owner Luhn Matthew R $675,000
Previous Owner Greene Robert A $665,000
Previous Owner Thompson Christopher P $581,000
Previous Owner Thompson Christopher P $98,625
Closed Greene Robert A $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2017 03/13/17 Sold $1,445,000 -3.3% $483 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $1,495,000 -- $500 / 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 $20,759 $1,677,040 $864,633 $812,407
2023 $20,759 $1,611,920 $831,059 $780,861
2022 $20,044 $1,580,314 $814,764 $765,550
2021 $19,903 $1,549,329 $798,789 $750,540
2020 $19,933 $1,533,444 $790,599 $742,845
2019 $19,714 $1,503,378 $775,098 $728,280
2018 $18,442 $1,473,900 $759,900 $714,000
2017 $16,340 $1,300,000 $650,000 $650,000
2016 $15,111 $1,186,000 $593,000 $593,000
2015 $15,198 $1,186,000 $593,000 $593,000
2014 $11,935 $900,000 $450,000 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81627489

MLSListings

APN: 036-034-010