NOT LISTED FOR SALE

211 Mirada Rd Half Moon Bay, CA 94019

Estimated Value: $7,572,176

11 Beds
11 Baths
14,000 Sq Ft
$541/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $4,880,000 $349 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $45,506/month

105 Days on Market

Highlights

  • Breakfast Area or Nook
  • Separate Family Room
  • Gas Fireplace
  • Central Air
  • Dining Area

About This Home

As of June 2015

The Landis Shores Oceanfront Inn is an eight-room luxury Bed & Breakfast located off the popular scenic Highway 1 route along the California Coast. The property was built in 1999 and has been maintained immaculately since it's opening. l. The investment offering also includes a palatial 3,657 square foot penthouse located directly above the eight room Inn and includes a modern kitchen, living room, two offices, a laundry room, wine cellar, three bedrooms/two and a half bathrooms.

Last Agent to Sell the Property

Phillip Batlin

Marcus & Millichap License #01873218 Listed on: 12/17/2014

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $69,525

Year Built

  • Built in 2001

Lot Details

  • Zoning described as Commercial

Parking

  • 3 Car Garage
  • 12 Carport Spaces

Home Design

  • Slab Foundation
  • Bitumen Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Full Bathrooms

Utilities

  • Central Air
  • Common Heating System
  • Individual Gas Meter
  • Community Sewer or Septic

Community Details

Listing and Financial Details

  • Assessor Parcel Number 048-013-240

Property Details

Property Type

Other

Est. Annual Taxes

$69,525

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 14000
  • Year Built: 2001
  • Zoning Description: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Living Sq Ft: 14000
  • Maximum Numberof Bedrooms: 11
  • Minimum Numberof Bedrooms: 11
  • Full Bathrooms: 11
  • Total Bedrooms: 11
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block
  • Roof: Bitumen

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Common Parking Area
  • Carport Min: 12

Utilities

  • Cooling System: Central AC
  • Heating System: Common
  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Parcel Number: 048-013-240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13281.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13281.00

Multi Family

  • Utilities: Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
May 27, 2015
Sold by
Landis Ellen M and Landis Kenneth S
Bought by
Twingo Llc
Seller's Agent
Phillip Batlin
Marcus & Millichap
Buyer's Agent
RECIP
Out of Area Office
List Price
$5,250,000
Sold Price
$4,880,000
Premium/Discount to List
-$370,000
-7.05%
Current Estimated Value
$7,572,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,692,176
Avg. Annual Appreciation
4.34%
Original Mortgage
$4,140,000
Outstanding Balance
$3,193,901
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$4,378,275

Purchase Details

Closed on
Mar 25, 1994
Sold by
Rosellini Ildo L and Rosellini Patricia B
Bought by
Landis Kenneth S and Landis Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Twingo Llc $4,888,000 Old Republic Title Company
Landis Kenneth S $384,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twingo Llc $4,140,000
Previous Owner Landis Kenneth S $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $4,880,000 -7.0% $349 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $5,250,000 -- $375 / 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 $69,525 $5,800,122 $4,807,399 $992,723
2023 $69,525 $5,574,898 $4,620,723 $954,175
2022 $66,994 $5,465,587 $4,530,121 $935,466
2021 $65,315 $5,358,420 $4,441,296 $917,124
2020 $65,860 $5,303,477 $4,395,756 $907,721
2019 $66,493 $5,199,488 $4,309,565 $889,923
2018 $59,491 $5,097,538 $4,225,064 $872,474
2017 $57,914 $4,997,587 $4,142,220 $855,367
2016 $58,096 $4,899,596 $4,061,000 $838,596
2015 $26,915 $2,240,000 $540,000 $1,700,000
2014 $25,337 $2,050,000 $532,000 $1,518,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Phillip Batlin

    Marcus & Millichap

    (415) 625-2189

    22 Total Sales

    Phillip Batlin
    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81445017

MLSListings

APN: 048-013-240

California San Mateo County Half Moon Bay 94019

211 Mirada Rd, Half Moon Bay, CA

This home is located at 211 Mirada Rd, Half Moon Bay, CA 94019 since 17 December 2014 and is currently estimated at $7,572,176, approximately $540 per square foot. This property was built in 2001. 211 Mirada Rd is a home located in San Mateo County with nearby schools including El Granada Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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