NOT LISTED FOR SALE

321 7th St Montara, CA 94037

Estimated Value: $1,281,000 - $1,313,000

3 Beds
2 Baths
1,370 Sq Ft
$949/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $840,000 $613 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,038/month

27 Days on Market

Highlights

  • 1 Car Attached Garage
  • Guest Parking
  • Wood Burning Fireplace
  • Storage Room
  • Combination Dining and Living Room
  • 3-minute walk to Gray Whale Cove State Beach

About This Home

As of December 2015

Move-in cond ! Live as a 3 Bedrooms/2Baths home or legally 2 units, an income generating property. 2 addresses, 2 separate entrance & 2 electric meters. Upper unit 321 7th Street : 2 Bed/1 Bath, living room w/fireplace. Partial ocean view. Remodeled kitchen w/Wedgewood stove. Lower unit 323 7th Street : 1 Bed/1 Bath, kitchen and living area. 1 car garage & ample parking. Parking area for 2nd unit & boat or RV. Building application to add master suite & balcony on top, 1 bedroom & family room on lower unit.

Last Agent to Sell the Property

George Lai

Far East Realty License #00986068 Listed on: 10/01/2015

Last Buyer's Agent

Greg Cohn

Capital Realty Group License #00871792

Capital Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 4,356 Sq Ft Lot
  • Zoning described as SFR converted to 2

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Master Meter

Listing and Financial Details

  • Assessor Parcel Number 036-022-080

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1370
  • Incorporated: Yes
  • Year Built: 1958
  • Zoning Description: SFR converted to 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1370
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Lot Info

  • Parcel Number: 036-022-080
  • Lot Acres: 0.1000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Multi Family

  • Utilities: Master Meter

MLS Schools

  • High School District Text: Cabrillo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Chan Moses W and Chan Linh
Bought by
Fabian James V and Fabian Mary E
Current Estimated Value
$1,300,715

Purchase Details

Listed on
Oct 1, 2015
Closed on
Nov 24, 2015
Sold by
Lai Josephine Suk Fan
Bought by
Chan Moses W and Chan Linh
Seller's Agent
George Lai
Far East Realty
Buyer's Agent
Greg Cohn
Capital Realty Group
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 6, 2015
Sold by
Murphy Garold Lee
Bought by
Lai Josephine Suk Fan
Seller's Agent
Lee Engdahl
Coldwell Banker Realty
Buyer's Agent
George Lai
Far East Realty
List Price
$725,000
Sold Price
$756,000
Premium/Discount to List
$31,000
4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
Original Mortgage
$606,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
Murphy Garold Lee
Bought by
Murphy Garold Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 3, 2012
Sold by
Murphy Garold Lee and Mckay Virginia Heather
Bought by
Murphy Garold Lee

Purchase Details

Closed on
Oct 31, 2008
Sold by
Murphy Garold Lee and Murphy Virginia Heather
Bought by
Murphy Garold Lee and Mckay Virginia Heather

Purchase Details

Closed on
Aug 20, 2007
Sold by
Olsen Lloyd J and Olsen Janice L
Bought by
Murphy Garold Lee and Murphy Virginia Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2007
Sold by
Olsen Lloyd J and Olsen Janice J
Bought by
Olsen Lloyd J and Olsen Janice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Mckay Virginia Heather and Olsen Lloyd J
Bought by
Olsen Lloyd J and Olsen Janice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
4.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 1997
Sold by
Andrew Wiecks
Bought by
Mckay Virginia Heather and Olsen Lloyd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fabian James V $1,310,000 First American Title
Chan Moses W $840,000 Chicago Title Company
Lai Josephine Suk Fan $758,000 North American Title Co Inc
Murphy Garold Lee -- First American Title Company
Murphy Garold Lee -- None Available
Murphy Garold Lee -- None Available
Murphy Garold Lee -- North American Title Co Half
Olsen Lloyd J -- North American Title Company
Olsen Lloyd J -- North American Title Company
Mckay Virginia Heather $277,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Josephine Suk Fan $606,000
Previous Owner Murphy Garold Lee $50,000
Previous Owner Murphy Garold Lee $375,000
Previous Owner Murphy Garold Lee $417,000
Previous Owner Olsen Lloyd J $254,000
Previous Owner Mckay Virginia Heather $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2015 12/30/15 Sold $840,000 -1.1% $613 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $849,000 +12.3% $620 / Sq Ft
03/17/2015 03/17/15 Sold $756,000 +4.3% $625 / Sq Ft View Prior Sale
02/02/2015 02/02/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $725,000 -- $599 / 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 $14,843 $994,384 $639,248 $355,136
2023 $14,843 $955,773 $614,426 $341,347
2022 $14,124 $937,033 $602,379 $334,654
2021 $13,791 $918,661 $590,568 $328,093
2020 $13,725 $909,242 $584,513 $324,729
2019 $13,109 $891,414 $573,052 $318,362
2018 $12,102 $873,936 $561,816 $312,120
2017 $11,044 $856,800 $550,800 $306,000
2016 $10,952 $840,000 $540,000 $300,000
2015 $6,042 $393,008 $184,004 $209,004
2014 $5,845 $360,800 $180,400 $180,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    George Lai

    Far East Realty

  • L

    Seller's Agent in 2015

    Lee Engdahl

    Coldwell Banker Realty

    Section Image

  • G

    Buyer's Agent in 2015

    Greg Cohn

    Capital Realty Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81517177

MLSListings

APN: 036-022-080

California San Mateo County Montara 94037

321 7th St, Montara, CA

Not Listed for Sale

Detached

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