NOT LISTED FOR SALE

276 Avenue Alhambra Half Moon Bay, CA 94019

Estimated Value: $1,664,000 - $2,426,118

6 Beds
4 Baths
3,358 Sq Ft
$628/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $1,070,000 $319 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $12,752/month

74 Days on Market

Highlights

  • Ocean View
  • Balcony
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of November 2013

Fabulous investment property or opportunity to live in one 1/2 & rent the other! Also great for extended families! 2 spacious units with living room, formal dining room, large eat in kitchen with family room too. 2.5 baths, large bedrooms, laundry area up stairs. Master bedrooms have ocean views! Newer construction. Long term happy tenants would like to stay. Each unit has private 2 car garage.

Last Agent to Sell the Property

Moriah Bettencourt

Del Mar Properties License #01497167 Listed on: 08/04/2013

Last Buyer's Agent

Moriah Bettencourt

Del Mar Properties License #01497167 Listed on: 08/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,175

Year Built

  • 2001

Lot Details

  • 5,009

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,358 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $61,200
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 3,358 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Manager Expense $2,400
  • Operating Expense $10,970
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,175

Year Built

2001

Lot Details

0

Listing Details

  • Zoning: R300
  • Subclass: Duplex
  • Age: 12
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 318.64
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3358
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2001

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3358
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Washer/Dryer - All Units, Washer/Dryer - Owned, Laundry Area - In All Units, Laundry Area - In Unit
  • Flooring: Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive

Utilities

  • Heating System: Gas - Natural, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5009.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5009.00
  • Lot Size Area Min Search: 5009.00
  • Maximum Lot Size: 5009.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.38

Multi Family

  • Expense Landscape: 1200
  • Expense Management: 2400
  • Expenses Total: 10970
  • Income Annual Gross: 61200.00
  • Income Annual Rental: 61200
  • Income Gross Scheduled: 61200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2014
Sold by
Casini Seth S and Casini Geralynn
Bought by
Casini Seth S
Current Estimated Value
$2,109,280

Purchase Details

Listed on
Aug 4, 2013
Closed on
Nov 14, 2013
Sold by
Pasion Gordon Emelda and Emelda P Gordon Trust
Bought by
Casini Seth S and Casini Geralynn
Seller's Agent
Moriah Bettencourt
Del Mar Properties
Buyer's Agent
Moriah Bettencourt
Del Mar Properties
List Price
$1,125,000
Sold Price
$1,070,000
Premium/Discount to List
-$55,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$600,000
Outstanding Balance
$440,195
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,669,085

Purchase Details

Closed on
Dec 19, 2012
Sold by
Gordon Passion Gordon Emelda and Gordon James M
Bought by
Gordon Emelda Passion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Passion Gordon Emelda
Bought by
Gordon Passion Gordon Emelda and Gordon James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Gordon James M and Passion Gordon Emelda
Bought by
Gordon James M and Passion Gordon Emelda

Purchase Details

Closed on
Jun 29, 2007
Sold by
El Granada Development Co
Bought by
Gordon James M and Passion Gordon Emelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Homa Darlena
Bought by
Muyskens Dirk

Purchase Details

Closed on
Sep 7, 2000
Sold by
Muyskens Dirk
Bought by
Homa Darlene

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
8.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 19, 2000
Sold by
Homa Darlene
Bought by
El Granada Development Co

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
8.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 20, 1997
Sold by
Dirk Muyskens and Dirk Edward A
Bought by
Homa Darlene

Purchase Details

Closed on
Dec 12, 1995
Sold by
Homa Edward A and Homa Jean M
Bought by
Homa Darlene

Purchase Details

Closed on
Sep 18, 1995
Sold by
Homa Edward A and Homa Jean M
Bought by
Homa Darlene
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
Casini Seth S -- None Available
Casini Seth S $1,070,000 North American Title Co Inc
Gordon Emelda Passion -- Old Republic Title Company
Gordon Passion Gordon Emelda -- Old Republic Title Company
Passion Gordon Emelda -- Old Republic Title Company
Gordon James M -- None Available
Gordon James M -- Old Republic Title Company
Muyskens Dirk -- Old Republic Title Company
Homa Darlene -- Old Republic Title Company
El Granada Development Co $40,000 --
Homa Darlene -- --
Homa Darlene -- --
Homa Darlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casini Seth S $600,000
Previous Owner Gordon Emelda Passion $508,500
Previous Owner Passion Gordon Emelda $533,000
Previous Owner Gordon James M $533,850
Previous Owner El Granada Development Company $700,000
Previous Owner El Granada Development Co $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $1,070,000 -4.9% $319 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
08/04/2013 08/04/13 For Sale $1,125,000 -- $335 / 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 $16,175 $1,311,662 $655,831 $655,831
2023 $16,175 $1,260,730 $630,365 $630,365
2022 $15,147 $1,236,010 $618,005 $618,005
2021 $14,734 $1,211,776 $605,888 $605,888
2020 $14,879 $1,199,352 $599,676 $599,676
2019 $14,717 $1,175,836 $587,918 $587,918
2018 $13,703 $1,152,782 $576,391 $576,391
2017 $13,453 $1,130,180 $565,090 $565,090
2016 $13,300 $1,108,020 $554,010 $554,010
2015 $13,003 $1,091,378 $545,689 $545,689
2014 $12,681 $1,070,000 $535,000 $535,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Moriah Bettencourt

    Del Mar Properties

    (650) 245-5928

    13 in this area

    24 Total Sales

    Moriah Bettencourt
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Map

Source: MLSListings

MLS Number: ML81328459

MLSListings

APN: 047-205-270

California San Mateo County Half Moon Bay

276 Avenue Alhambra, Half Moon Bay, CA

This home is located at 276 Avenue Alhambra, Half Moon Bay, CA 94019 since 04 August 2013 and is currently estimated at $2,109,280, approximately $628 per square foot. This property was built in 2001. 276 Avenue Alhambra 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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