NOT LISTED FOR SALE

38 Merion Rd Half Moon Bay, CA 94019

Estimated Value: $2,084,000 - $2,362,000

5 Beds
3 Baths
3,040 Sq Ft
$745/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $1,525,000 $502 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $14,139/month

47 Days on Market

Highlights

  • Community Beach Access
  • Fitness Center
  • Main Floor Bedroom
  • Golf Course Community
  • Wood Flooring
  • Sauna

About This Home

As of January 2019

Meticulously maintained, this home is located in a quiet cul-de-sac with a secluded back yard with mature landscaping. The granite kitchen opens to the family room and opens through sliding doors to the rear lawn and patio. The two story tall formal entry and sweeping staircase add flair. There is a ground floor bedroom and full bath as well.The living room adjoins the formal dining room and beautiful lighting is throughout the home. The fireplace in the family room also has a gas starter.

Last Agent to Sell the Property

Patrick Ryan

Compass License #01044049 Listed on: 09/22/2018

Compass

Last Buyer's Agent

Haifa Khoury & Ruba Kaileh

Sotheby's Intl Rlty License #00799472

Sotheby's Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,934

Year Built

  • Built in 1999

Lot Details

  • 7,079 Sq Ft Lot
  • Gated Home
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Zoning described as PUD000

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Fireplace With Gas Starter
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Barbecue Area
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 066-490-460

Community Details

Overview

  • Association fees include insurance - common area, insurance - liability, maintenance - common area, maintenance - road, management fee, reserves
  • Ocean Colony Association
  • Built by Ocean Colony

Amenities

  • Sauna

Recreation

  • Community Beach Access
  • Golf Course Community
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,934

Year Built

Built in 1999

Lot Details

0

HOA Fees

$119 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Pets - Number Restrictions
  • Age: 19
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 585
  • Structure Sq Ft: 3040
  • Complex Name: Ocean Colony
  • Incorporated: Yes
  • Year Built: 1999
  • Zoning Description: PUD000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Garbage Disposal, Microwave, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 3040
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • Yard/Grounds: BBQ Area, Drought Tolerant Plants, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 119
  • HOA Amenities: Beach Rights, Community Pool, Golf Course, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Insurance - Liability, Maintenance - Common Area, Maintenance - Road, Management Fee, Reserves
  • H O A Name Text: Ocean Colony
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Walk-in Closet

Schools

  • School District: Cabrillo Unified
  • Elementary School: Alvin S. Hatch Elementary
  • Middle School: Manuel F. Cunha Intermediate
  • High School: Half Moon Bay High
  • High School: 1035
  • Elementary School: 601
  • Middle School: 654

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 066-490-460
  • Lot Acres: 0.1625
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7080.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7080.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified
  • Elementary School Text: Alvin S. Hatch Elementary
  • High School Text: Half Moon Bay High
  • Middle School Text: Manuel F. Cunha Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2020
Sold by
Resh Catherine T and Resh Alexander K
Bought by
Resh Alexander Kenneth and Resh Catherine Turner
Current Estimated Value
$2,328,744

Purchase Details

Listed on
Sep 22, 2018
Closed on
Dec 12, 2018
Sold by
Tansey Richard J and Tansey Julie A
Bought by
Resh Catherine T and Resh Alexander K
Seller's Agent
Patrick Ryan
Compass
Buyer's Agent
Haifa Khoury & Ruba Kaileh
Sotheby's Intl Rlty
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$1,000,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2003
Sold by
Schwerin Stephen L and Schwerin Lorraine A
Bought by
Tansey Richard J and Tansey Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Schwerin Stephen L and Schwerin Lorraine A
Bought by
Schwerin Stephen L and Schwerin Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2002
Sold by
Schwerin Stephen L and Schwerin Lorrain A
Bought by
Schwerin Stephen L and Schwerin Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2001
Sold by
Schwerin Stephen L and Schwerin Lorraine A
Bought by
Schwerin Stephen L and Schwerin Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2001
Sold by
Schwerin Stephen L and Schwerin Lorraine A
Bought by
Schwerin Stephen L and Schwerin Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 1999
Sold by
Tb2 Limited Partners
Bought by
Schwerin Stephen L and Schwerin Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Resh Alexander Kenneth -- None Available
Resh Catherine T $1,525,000 Chicago Title Insurance Co
Tansey Richard J $1,025,000 North American Title Co
Schwerin Stephen L -- North American Title Company
Schwerin Stephen L -- North American Title Company
Schwerin Stephen L -- North American Title Company
Schwerin Stephen L -- North American Title Company
Schwerin Stephen L -- --
Schwerin Stephen L -- Old Republic Title Company
Schwerin Stephen L $765,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resh Family Living Trust $500,000
Closed Resh Alexander $200,000
Open Resh Alexander Kenneth $980,500
Closed Resh Catherine T $1,000,000
Closed Resh Catherine T $1,000,000
Previous Owner Tansey Richard J $200,000
Previous Owner Schwerin Stephen L $248,000
Previous Owner Schwerin Stephen L $175,000
Previous Owner Schwerin Stephen L $704,000
Previous Owner Schwerin Stephen L $180,500
Previous Owner Schwerin Stephen L $687,000
Previous Owner Schwerin Stephen L $600,000
Closed Schwerin Stephen L $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $1,525,000 0.0% $502 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/07/2018 10/07/18 Price Changed $1,525,000 -4.7% $502 / Sq Ft
09/22/2018 09/22/18 For Sale $1,600,000 -- $526 / 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 $19,934 $1,701,162 $808,749 $892,413
2023 $19,934 $1,635,106 $777,346 $857,760
2022 $18,832 $1,603,046 $762,104 $840,942
2021 $18,384 $1,571,614 $747,161 $824,453
2020 $18,275 $1,555,500 $739,500 $816,000
2019 $15,851 $1,306,408 $653,204 $653,204
2018 $14,611 $1,280,794 $640,397 $640,397
2017 $14,327 $1,255,682 $627,841 $627,841
2016 $14,158 $1,231,062 $615,531 $615,531
2015 $13,829 $1,212,572 $606,286 $606,286
2014 $13,639 $1,188,820 $594,410 $594,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81724760

MLSListings

APN: 066-490-460