NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,256,000

5 Beds
2 Baths
1,500 Sq Ft
$764/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $700,000 $467 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,113/month

20 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Separate Family Room
  • Westmoor High School Rated A-
  • Forced Air Heating System
  • Dining Area

About This Home

As of December 2016

Don't miss this opportunity to own a lovely detached home with great bonus spaces! This light and airy 5 bedroom 2 bath home offers 2 floors of spacious and comfortable living area in this intelligent and versatile floor plan. 276 Gateway Dr has approximately 1500 sq ft of living area (per seller), 4 bedrooms and 1 bath upstairs, and a 1 bedroom 1 bath down. New roof was installed recently. Nestled in the nicely located Fairmont neighborhood, this home is just a short drive to countless conveniences such as the ever expanding Serramonte mall, Ranch 99 Market, and even a Safeway supermarket just a 2 min stroll away! For those who enjoy the ocean, take a short 5 min drive down to Pacifica's beaches. Also enjoy the convenience of being close to freeways and public transportation. This enchanting oasis awaits you!

Last Agent to Sell the Property

Daniel Cheng

CENTURY 21 Masters License #01376398 Listed on: 10/13/2016

CENTURY 21 Masters

Last Buyer's Agent

Daniel Cheng

CENTURY 21 Masters License #01376398 Listed on: 10/13/2016

CENTURY 21 Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 4,008 Sq Ft Lot
  • Zoning described as R10003

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room
  • Dining Area

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 009-430-120

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1500
  • Year Built: 1963
  • Zoning Description: R10003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Living Sq Ft: 1500
  • Stories: 1
  • Laundry: Dryer, Washer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 009-430-120
  • Lot Acres: 0.0920
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3998.81
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3998.81

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 13, 2016
Sold by
Kwong Robert and Fong Hilda
Bought by
Mo Jiefang D and Mo Bo Heng
Seller's Agent
Daniel Cheng
CENTURY 21 Masters
Buyer's Agent
Daniel Cheng
CENTURY 21 Masters
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,145,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,778
Avg. Annual Appreciation
5.61%
Original Mortgage
$525,000
Outstanding Balance
$424,190
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$721,588

Purchase Details

Closed on
Mar 11, 2015
Sold by
Kwong Robert and Fong Hilda
Bought by
Robert Kwong & Hilda Fong Living Trust and Fong Hilda

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 22, 2013
Sold by
Kelly Shirley and Kelly Edward L
Bought by
Kwong Robert and Fong Hilda
Seller's Agent
Sue Vaterlaus
REMAX Gold Pacifica
Buyer's Agent
Daniel Cheng
CENTURY 21 Masters
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Kelly Shirley
Bought by
Kelly Shirley and Kelly Edward L

Purchase Details

Closed on
Sep 10, 2007
Sold by
Kelly Shirley and Kelly Edward L
Bought by
Kelly Shirley

Purchase Details

Closed on
Aug 2, 2006
Sold by
Kelly Shirley
Bought by
Kelly Shirley and Kelly Edward 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
Mo Jiefang D $700,000 North American Title Co Inc
Robert Kwong & Hilda Fong Living Trust -- None Available
Kwong Robert $575,000 North American Title Company
Kelly Shirley -- None Available
Kelly Shirley -- Old Republic Title Company
Kelly Shirley -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mo Jiefang D $525,000
Previous Owner Kwong Robert $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2016 12/20/16 Sold $700,000 -6.5% $467 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $749,000 +30.3% $499 / Sq Ft
11/27/2013 11/27/13 Sold $575,000 -4.0% $537 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $599,000 -- $560 / 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 $13,098 $812,404 $696,348 $116,056
2023 $13,098 $780,859 $669,309 $111,550
2022 $10,778 $765,549 $656,186 $109,363
2021 $10,507 $750,539 $643,320 $107,219
2020 $10,602 $742,844 $636,724 $106,120
2019 $10,626 $728,280 $624,240 $104,040
2018 $9,429 $714,000 $612,000 $102,000
2017 $8,848 $700,000 $600,000 $100,000
2016 $7,641 $595,430 $297,715 $297,715
2015 $7,377 $586,488 $293,244 $293,244
2014 -- $575,000 $287,500 $287,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81628439

MLSListings

APN: 009-430-120