NOT LISTED FOR SALE

Estimated Value: $660,430 - $1,878,000

0.14 Acre
$9,217,248 Price per Acre
5,998 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $680,000

Est. 87% increase in value since last sale

Current estimated payment $7,572/month

77 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Gentle Sloping Lot

About This Lot

As of July 2022

A MUST SEE!! Imagine your dream home complete with breathtaking ocean views and lots of garden space!. This Mid Century Modern home design has ocean views from top to bottom...Clean lines and lots of windows to maximize all the vistas this lot has to offer. The Seller is very motivated! The lot sits on a dead end road very private. Shovel ready, permits paid and ready for pick up. The plans are for a 2435 square foot home includes 3 beds 3 baths with a 500 Sq.Ft. garage and an ADU. The plans could be modified to be 4 bedroom 4 bath if the buyer doesn't want an ADU. The contractor is ready to go! Last piece of the new construction build, Montara Water Dept. the plans are being drawn up for water and fire. The lot has a well.

Last Agent to Sell the Property

Angela Howatt

eXp Realty of California Inc License #01879076 Listed on: 03/13/2022

eXp Realty of California Inc

Last Buyer's Agent

Glen Mitchell Group

KW Advisors License #70010113

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,041

Lot Details

  • 5,998 Sq Ft Lot
  • Partially Fenced Property
  • Corners Of The Lot Have Been Marked
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Mountain

Additional Features

  • Electricity Available at Street
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$8,041

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Residential
  • Development Status: Approved Building Plan, Architectural Review Committee, Building Permits Issued, Building Plans Filed, Building Site Cleared, Final Map Approved, Have Building Plans, Map Recorded, Site Plan Approved, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, Ocean
  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Available

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Description: Corners Marked, Grade - Gently Sloped, Staked Boundary, Surveyed, Views
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00
  • Soil: Rocky, Sandy
  • Parcel Access: County Maintained Road, State Road

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2022
Closed on
Jul 1, 2022
Sold by
Copeland Sara M
Bought by
Park Edward B and Oh Lisa
Seller's Agent
Angela Howatt
eXp Realty of California Inc
Buyer's Agent
Glen Mitchell Group
KW Advisors
List Price
$900,000
Sold Price
$680,000
Premium/Discount to List
-$220,000
-24.44%
Current Estimated Value
$1,269,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,215
Avg. Annual Appreciation
22.06%
Original Mortgage
$476,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2018
Sold by
Parmar Ragini and Holloway Aaron
Bought by
Copeland Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2015
Sold by
Lee John and John Lee Trust
Bought by
Parmar Ragini and Holloway Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2004
Sold by
Wells Fargo Bank
Bought by
Lee John and John Lee Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Park Edward B $680,000 First American Title
Copeland Sara M $525,000 Fidelity National Title Co
Parmar Ragini $350,000 North American Title Co Inc
Lee John $290,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Edward B $1,443,000
Closed Park Edward B $476,000
Previous Owner Copeland Sara M $1,670,000
Previous Owner Copeland Sara M $393,750
Previous Owner Parmar Ragini $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $680,000 -20.0% --
05/30/2022 05/30/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $850,000 -5.6% --
03/13/2022 03/13/22 For Sale $900,000 -- --
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 $8,041 $1,011,972 $707,472 $304,500
2023 $8,041 $680,000 $680,000 $0
2022 $6,628 $562,905 $562,905 $0
2021 $6,557 $551,868 $551,868 $0
2020 $6,637 $546,210 $546,210 $0
2019 $6,712 $535,500 $535,500 $0
2018 $4,503 $369,691 $369,691 $0
2017 $4,472 $362,443 $362,443 $0
2016 $4,434 $355,337 $355,337 $0
2015 $3,038 $240,000 $240,000 $0
2014 $1,973 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81882173

MLSListings

APN: 036-025-330