NOT LISTED FOR SALE

340 Waterford St Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $705,404 - $773,000

0.22 Acre
$3,360,009 Price per Acre
9,583 Sq Ft Lot

Last Sold May 08, 2018

Last sale price $587,500

Est. 26% increase in value since last sale

Current estimated payment $4,532/month

61 Days on Market

About This Lot

As of May 2018

One Waterford Place is a Commercial Site with potential to be developed into Mixed Use Retail/Commercial Building.1st floor of building would be suitable for retail/office use & second/third floors designated for residential apts.Located in a residential neighborhood & is part of the Sub-Ocean Shore Subdivision.Lot is is cleared, flat, & level ready for development.Sufficient level area to build a 2 to 3 story building to accommodate a mixed use development in which the top floors would have significant ocean/coastline views.Land development potential is based on the parking & is calculated that there would be 2-3 retail units on 1st floor & up to 5 units on upper floors.City of Pacifica is aware of the site & it's potential.Completed plans & permits for proposed development could be obtained within a 6 month period w/entitlements following.Fine opportunity for a builder/investor to buy commercial land at a reasonable price within short distance of SF, SFO Airport & Silicon Valley.

Last Agent to Sell the Property

Dennis Lunder

Dennis A. Lunder, Broker License #00656586 Listed on: 03/07/2018

Co-Listed By

Michael Orlando

Intero San Jose, Willow Glen Lincoln Ave License #00879792

Last Buyer's Agent

Colleen Wang

Compass License #01958780

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot
  • Mostly Level

Utilities

  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: CL00C1
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Vacant
  • Development Status: May Not Be Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • High School: 709

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9583.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9583.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Gas - Available At Street, On Pole, Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High
  • Elementary School Text: Cabrillo Elementary
  • High School Text: Jefferson High
  • Middle School Text: Ingrid B. Lacy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 4, 2018
Sold by
Chan Alice
Bought by
Liu Young Dong
Seller's Agent
Dennis Lunder
Dennis A. Lunder, Broker
Buyer's Agent
Colleen Wang
Compass
List Price
$599,000
Sold Price
$587,500
Premium/Discount to List
-$11,500
-1.92%
Current Estimated Value
$739,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,702
Avg. Annual Appreciation
3.05%

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 3, 2018
Sold by
Hu Grace Chi
Bought by
Hu Bryan
Seller's Agent
Dennis Lunder
Dennis A. Lunder, Broker
Buyer's Agent
Colleen Wang
Compass
List Price
$599,000
Sold Price
$587,500
Premium/Discount to List
-$11,500
-1.92%

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 2, 2018
Sold by
Zuckerman Dan and Brunner Jesse
Bought by
Hu Bryan and Liu Yong Dong
Seller's Agent
Dennis Lunder
Dennis A. Lunder, Broker
Buyer's Agent
Colleen Wang
Compass
List Price
$599,000
Sold Price
$587,500
Premium/Discount to List
-$11,500
-1.92%

Purchase Details

Closed on
Aug 2, 2017
Sold by
Red Phoenix Investments Llc
Bought by
Zuckerman Dan and Brunner Jesse

Purchase Details

Listed on
Feb 18, 2013
Closed on
Oct 21, 2015
Sold by
Miramar Enterprises
Bought by
Red Phoenix Investments Llc
Seller's Agent
Donna Dawson-schwartz
Coldwell Banker Realty
Buyer's Agent
Donna Dawson-schwartz
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.91%
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 16, 2001
Sold by
Kerrisk John and Kerrisk Ellen
Bought by
Miramar Enterprises

Purchase Details

Closed on
May 7, 1999
Sold by
Breslin Fam Rev Trust
Bought by
Kerrisk John and Donlon Raymond
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
Liu Young Dong -- Chicago Title
Hu Bryan -- Chicago Title
Hu Bryan $587,500 Chicago Title
Zuckerman Dan $690,669 Accommodation
Red Phoenix Investments Llc $900,000 First American Title Company
Miramar Enterprises $150,000 Commonwealth Land Title Co
Kerrisk John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Phoenix Investments Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2018 05/08/18 Sold $587,500 -1.9% --
05/08/2018 05/08/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $599,000 -33.4% --
10/28/2015 10/28/15 Sold $900,000 -10.0% -- View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $1,000,000 -- --
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 $7,909 $668,473 $668,473 --
2023 $7,909 $642,516 $642,516 $0
2022 $7,218 $629,918 $629,918 $0
2021 $7,163 $617,567 $617,567 $0
2020 $7,340 $611,235 $611,235 $0
2019 $7,208 $599,250 $599,250 $0
2018 $11,184 $960,000 $960,000 $0
2017 $10,612 $918,000 $918,000 $0
2016 $10,419 $900,000 $900,000 $0
2015 $2,228 $184,374 $184,374 $0
2014 $2,194 $180,763 $180,763 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Lunder

    Seller's Agent in 2018

    Dennis Lunder

    Dennis A. Lunder, Broker

    (408) 892-4207

    37 Total Sales

    Dennis Lunder
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Michael Orlando

    Intero San Jose, Willow Glen Lincoln Ave

    Section Image

  • C

    Buyer's Agent in 2018

    Colleen Wang

    Compass

  • D

    Seller's Agent in 2015

    Donna Dawson-schwartz

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81695288

MLSListings

APN: 009-058-040

California San Mateo County Pacifica 94044 Fairmont

340 Waterford St, Pacifica, CA

Not Listed for Sale

Lots

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