NOT LISTED FOR SALE

307 Magellan Dr Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,275,000 - $1,779,000

3 Beds
2 Baths
1,430 Sq Ft
$1,026/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $1,200,000 $839 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,094/month

6 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Formal Dining Room
  • Westmoor High School Rated A-
  • Den
  • Eat-In Kitchen

About This Home

As of March 2018

Beautiful Pacifica home situated on an open green space with partial Ocean View. This light and airy home has 3 bedrooms and 2 baths upstairs , including an updated master suite,large eat in kitchen, and beautiful marble fireplace. The sunny bonus area downstairs is full of potential and features an over sized living space with sliders out to the patio, 2 additional rooms and a full bath. There is a large 2 car garage with plenty of room for storage . Recent updates include :fresh paint inside and out,new carpet and lighting. This home is ready to move right in and provides an excellent opportunity to buy in the Fairmont Subdivision of Pacifica .

Last Agent to Sell the Property

Susan Woods

Coldwell Banker Realty License #01991482 Listed on: 02/16/2018

Coldwell Banker Realty

Last Buyer's Agent

David Long

Christie's International Real Estate Sereno License #00956085

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 3,999 Sq Ft Lot
  • Zoning described as R10003

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Reinforced Concrete Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Water Views
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • Fairmont Subdivision Association

Listing and Financial Details

  • Assessor Parcel Number 009-603-040

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1430
  • Year Built: 1968
  • Zoning Description: R10003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1430
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Additional Rooms: Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Roof: Composition
  • View: Water
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: On Street

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 29
  • HOA Documents: Bylaws, CC&RS
  • HOA Fee Frequency: Annually
  • H O A Name Text: Fairmont subdivision
  • H O A Exist: Yes

Lot Info

  • Lot Description: Views
  • Parcel Number: 009-603-040
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 2, 2018
Sold by
Navarro Mariza and Navarro Tito
Bought by
Kim Samanth Lee and Kim Gene W
Seller's Agent
Susan Woods
Coldwell Banker Realty
Buyer's Agent
David Long
Christie's International Real Estate Sereno
List Price
$898,000
Sold Price
$1,200,000
Premium/Discount to List
$302,000
33.63%
Current Estimated Value
$1,467,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,740
Avg. Annual Appreciation
2.62%
Original Mortgage
$960,000
Outstanding Balance
$822,448
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$645,292

Purchase Details

Closed on
Jan 30, 2007
Sold by
Marcou Michael Christopher and Marcou Victoria
Bought by
Navarro Tito and Navarro Mariza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
5.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 5, 2005
Sold by
Marcou Michael Christopher and Marcou Victoria
Bought by
Marcou Michael Christopher and Marcou Victoria

Purchase Details

Closed on
Oct 7, 2004
Sold by
Hui Tom C and Hui Janet
Bought by
Marcou Michael Christopher and Marcou Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Kim Samanth Lee $1,200,000 Cornerstone Title Co
Navarro Tito $798,000 Fidelity National Title Co
Marcou Michael Christopher -- --
Marcou Michael Christopher $715,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Samanth Lee $960,000
Previous Owner Navarro Tito $79,800
Previous Owner Navarro Tito $638,400
Previous Owner Marcou Michael Christopher $572,000
Closed Marcou Michael Christopher $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $1,200,000 +33.6% $839 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $898,000 -- $628 / 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 $16,824 $1,365,389 $819,234 $546,155
2023 $16,824 $1,312,372 $787,423 $524,949
2022 $16,356 $1,286,640 $771,984 $514,656
2021 $16,101 $1,261,413 $756,848 $504,565
2020 $15,862 $1,248,480 $749,088 $499,392
2019 $15,411 $1,224,000 $734,400 $489,600
2018 $12,112 $939,634 $469,817 $469,817
2017 $10,964 $850,000 $425,000 $425,000
2016 $9,897 $775,000 $387,500 $387,500
2015 $9,927 $770,000 $385,000 $385,000
2014 $8,556 $635,000 $317,500 $317,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Susan Woods

    Coldwell Banker Realty

    Section Image
  • David Long

    Buyer's Agent in 2018

    David Long

    Sereno Group

    (408) 335-1400

    109 Total Sales

    David Long
    Section Image
  • Thomas Peters

    Buyer Co-Listing Agent in 2018

    Thomas Peters

    Sereno Group

    (408) 364-6374

    122 Total Sales

    Thomas Peters
    Section Image
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Map

Source: MLSListings

MLS Number: ML81692808

MLSListings

APN: 009-603-040

California San Mateo County Pacifica 94015 Fairmont

307 Magellan Dr, Pacifica, CA

Not Listed for Sale

Detached

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