NOT LISTED FOR SALE

Estimated Value: $2,341,000 - $2,857,000

4 Beds
2.5 Baths
1,623 Sq Ft
$1,577/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $1,750,000 $1,078 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $16,513/month

61 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Post and Beam
  • Gated Community
  • Deck
  • 1-minute walk to Palm Beach State Park

About This Home

As of January 2018

Exclusive Luxury Beach Home at Pajaro Dunes. Three floors of open concept living with lofted third floor sleeping quarters and full master suite facing the ocean. 180 degree views of the ocean and another 180 degree views of the Pajaro valley and river. Completely remodeled in 2016, the 1,623 square foot home was constructed primarily from cedar planks, concrete and steel. Just 50 yards to the beach, you can watch and listen to the surf from your bed. Currently being used as a vacation rental (sleeps 10), the house comes fully furnished and equipped with all of the most current amenities, including 10.5' LP Outdoor Fireplace. It blends 50-year-old charm with updated contemporary features that bring several decades together into one spectacular setting. Plans are complete and ready for submittal to the County for a 400+/- square foot additional master suite on the ground level. This is truly a special property!

Last Agent to Sell the Property

Natalia Lockwood

David Lyng Real Estate License #01958028 Listed on: 10/05/2017

David Lyng Real Estate

Last Buyer's Agent

Thomas Cooke

Compass SF License #01200062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,316

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Zoning described as SU

HOA Fees

  • $450 Monthly HOA Fees

Property Views

  • Ocean
  • River
  • Valley

Home Design

  • Post and Beam

Interior Spaces

  • 1,623 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Separate Family Room
  • Dining Area
  • Loft

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System

Parking

  • Covered Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Fire Pit
  • Shed

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 052-281-28-000

Community Details

Overview

  • Association fees include common area electricity, garbage, water
  • Pajaro Dunes Association
  • Built by Pajaro Dunes

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,316

Year Built

Built in 1967

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 1623
  • Complex Name: Pajaro Dunes
  • Year Built: 1967
  • Zoning Description: SU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Marble, Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Living Sq Ft: 1623
  • Stories: 3
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room, Loft, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Combination, Post and Beam
  • View: Ocean, River / Stream, Valley
  • Yard/Grounds: Balcony / Patio, Deck, Fire Pit, Outdoor Fireplace, Storage Shed / Structure

Garage/Parking

  • Garage Parking Features: Common Parking Area, Unassigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Club House, Community Security Gate, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Water
  • H O A Name Text: Pajaro Dunes
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Parcel Number: 052-281-28-000
  • Lot Acres: 0.3040
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13242.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13242.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Dec 27, 2017
Sold by
23 Plover Llc
Bought by
Batten Thomas
Seller's Agent
Natalia Lockwood
David Lyng Real Estate
Buyer's Agent
Thomas Cooke
Compass SF
List Price
$1,785,000
Sold Price
$1,750,000
Premium/Discount to List
-$35,000
-1.96%
Total Days on Market
61
Current Estimated Value
$2,559,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,260
Avg. Annual Appreciation
5.63%
Original Mortgage
$1,312,500
Outstanding Balance
$1,116,755
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,516,078

Purchase Details

Closed on
Dec 28, 2016
Sold by
Dapc Llc
Bought by
23 Plover Llc and Dlrrico Plover Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 22, 2015
Closed on
Nov 12, 2015
Sold by
Holmes William F and Holmes Jean A
Bought by
Dapc Llc
Seller's Agent
Monika Davidson
Christie's International Real Estate Sereno
Buyer's Agent
Natalia Lockwood
David Lyng Real Estate
List Price
$549,000
Sold Price
$625,000
Premium/Discount to List
$76,000
13.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
Original Mortgage
$4,000,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 5, 1993
Sold by
Holmes William F and Holmes Jean A
Bought by
Holmes William F and Holmes Jean A
Source: Public Records

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Range of Values:

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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
Batten Thomas $1,750,000 Old Republic Title Company S
23 Plover Llc $1,036,500 Old Republic Title Company
Dapc Llc $625,000 Old Republic Title Company
Holmes William F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batten Thomas $1,312,500
Previous Owner 23 Plover Llc $812,500
Previous Owner Dapc Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $1,750,000 -2.0% $1,078 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $1,785,000 +185.6% $1,100 / Sq Ft
11/13/2015 11/13/15 Sold $625,000 +13.8% $385 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $549,000 -- $338 / 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
2023 $22,316 $1,913,881 $1,435,411 $478,470
2022 $21,921 $1,876,353 $1,407,265 $469,088
2021 $21,610 $1,839,563 $1,379,672 $459,891
2020 $21,359 $1,820,700 $1,365,525 $455,175
2019 $20,909 $1,785,000 $1,338,750 $446,250
2018 $12,888 $1,057,230 $929,730 $127,500
2017 $12,629 $1,036,500 $911,500 $125,000
2016 $3,117 $167,673 $65,108 $102,565
2015 $3,054 $165,154 $64,130 $101,024
2014 $2,992 $161,919 $62,874 $99,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81680473

MLSListings

APN: 052-281-28-000