NOT LISTED FOR SALE

261 Monterey Rd Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,437,000 - $1,762,000

3 Beds
3 Baths
2,430 Sq Ft
$665/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $830,000 $342 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $9,553/month

40 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub
  • Westmoor High School Rated A-
  • Wood Flooring
  • 4-minute walk to Edgemar Park

About This Home

As of November 2012

This like-new home combines sophisticated elegance with designer flair. Located in the Edgemar area – this impressive home has been remolded and expanded “down-to-the-studs” into a spacious two-level design that boasts exquisite details and quality finishes throughout. Featuring hardwood floors, crown and wall moldings, and double paned windows throughout.

Last Agent to Sell the Property

Raymond Zhong

DCP Realty License #01880245 Listed on: 09/14/2012

Last Buyer's Agent

Rachel Kwok

Compass License #01476089

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • Front and Back Yard Sprinklers
  • Zoning described as R100

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Spanish Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,430 Sq Ft Home
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 009-053-220

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech, Spanish, Contemporary
  • Sale Price Per Sq Ft: 341.56
  • Listing Class: Residential
  • Structure Sq Ft: 2430
  • Incorporated: Yes
  • Map Book Page: 707
  • Map Side Coordinate: 3
  • Map Top Coordinate: A
  • Thomas Bros Page: 707
  • Thomas Brothers: A3
  • Year Built: 1949
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Freezer, Microwave
  • Living Sq Ft: 2430
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage
  • Carport Min: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Lot Info

  • Parcel Number: 009-053-220
  • List Price per Sq Ft: 328.40
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Energy Star Appliances, Double Pane Windows

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Nov 20, 2012
Sold by
Chan Ryan Yueh and Chen Yan Ying
Bought by
Liang Zhuo Pei and Zhou Shu Jian
Seller's Agent
Raymond Zhong
DCP Realty
Buyer's Agent
Rachel Kwok
Compass
List Price
$899,000
Sold Price
$830,000
Premium/Discount to List
-$69,000
-7.68%
Current Estimated Value
$1,616,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,842
Avg. Annual Appreciation
5.22%
Original Mortgage
$373,500
Outstanding Balance
$276,875
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,339,967

Purchase Details

Closed on
Jan 23, 2009
Sold by
Chan Ryan Yueh
Bought by
Chan Ryan Yueh and Chen Yan Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Wells Fargo Bank Na
Bought by
Chan Ryan Yueh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2007
Sold by
Pereira Maria and Pereira Alberto
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 22, 2004
Sold by
Balen Susanna
Bought by
Pereira Alberto A and Pereira Maria Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1994
Sold by
Crim Susanna L
Bought by
Crim Susanna L
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
Liang Zhuo Pei $830,000 Fidelity National Title Co
Chan Ryan Yueh -- First American Title Company
Chan Ryan Yueh $392,000 First American Title Co
Wells Fargo Bank Na $619,650 Accommodation
Pereira Alberto A $670,000 Chicago Title Co
Crim Susanna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Zhuo Pei $373,500
Previous Owner Chan Ryan Yueh $125,000
Previous Owner Chan Ryan Yueh $250,000
Previous Owner Pereira Alberto A $536,000
Closed Pereira Alberto A $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $830,000 +4.0% $342 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/18/2012 10/18/12 Price Changed $798,000 -11.2% $328 / Sq Ft
09/14/2012 09/14/12 For Sale $899,000 -- $370 / 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 $12,984 $1,022,074 $511,037 $511,037
2023 $12,984 $982,388 $491,194 $491,194
2022 $12,204 $963,126 $481,563 $481,563
2021 $11,941 $944,242 $472,121 $472,121
2020 $12,171 $934,560 $467,280 $467,280
2019 $12,004 $916,236 $458,118 $458,118
2018 $11,357 $898,272 $449,136 $449,136
2017 $10,980 $880,660 $440,330 $440,330
2016 $10,659 $863,394 $431,697 $431,697
2015 $10,390 $850,426 $425,213 $425,213
2014 $10,281 $833,768 $416,884 $416,884
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Raymond Zhong

    DCP Realty

  • R

    Buyer's Agent in 2012

    Rachel Kwok

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81234200

MLSListings

APN: 009-053-220

California San Mateo County Pacifica 94044 Fairmont

261 Monterey Rd, Pacifica, CA

Not Listed for Sale

Detached

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