NOT LISTED FOR SALE

40 Fairway Place Half Moon Bay, CA 94019

Estimated Value: $2,793,697 - $3,102,000

3 Beds
2.5 Baths
3,400 Sq Ft
$872/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $2,925,000 $860 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $18,263/month

13 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Golf Course Community
  • Wine Cellar
  • Gated Community

About This Home

As of March 2022

Remarkable Home with 3BR/2.5BA and office/den in Ocean Colony, the premier gated community on the coast. Open floor plan with formal living & dining area, Updated kitchen opens to family room. Landscaped backyard is extension to living area with several levels of sitting areas by the gas fireplace, benches by gas fire pit & built-in barbeque area overlooking the golfers and colorful sunsets on the First Fairway. Primary Suite includes 2 walk-in closets, remodeled bath with double vanity, claw-foot soaking tub & separate shower, also access to balcony patio is perfect for AM coffee or PM cocktails overlooking the golf course. Best location - close to Mullins, the Ritz and access to the beach. Seller prefers to stay in home until end of May, if possible. Open House Sat & Sun. Offers due Wednesday, 2/23 at 11:00AM (new date). No Pre-emptive offers, please.

Last Agent to Sell the Property

Susie Montgelas

Compass License #01190770 Listed on: 02/10/2022

Compass

Last Buyer's Agent

Barton Pate

RE/MAX Marketplace License #01900188

RE/MAX Marketplace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,212

Year Built

  • 1988

Lot Details

  • 8,150 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property
  • Sprinklers on Timer
  • Drought Tolerant Landscaping

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Golf Course
  • Hills
  • Neighborhood

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area, maintenance - road, reserves, security service
  • Ocean Colony Homeowners Association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Sauna
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,212

Year Built

1988

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Zoning: PUD000
  • Subclass: Single Family Home
  • Style: Traditional
  • Restrictions: Pets - Allowed, Pets - Rules
  • Age: 34
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 580
  • Structure Sq Ft: 3400
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Outside
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3400
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Half On Ground Floor, Marble, Primary - Stall Shower(s), Primary - Sunken Tub, Shower Over Tub - 1, Solid Surface, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Golf Course, Hills, Neighborhood, Ocean
  • Yard/Grounds: Balcony / Patio, Bbq Area, Deck, Drought Tolerant Plants, Fire Pit, Outdoor Fireplace, Sprinklers - Auto
  • Fencing: Partial Fencing
  • Property Faces: North
  • Pool: Spa - Above Ground, Spa - Cover, Spa - Gas, Spa - Jetted, Spa / Hot Tub
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Workshop In Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Ocean Colony
  • HOA Fees: 150
  • HOA Amenities: Community Pool, Community Security Gate, Golf Course, Gym / Exercise Facility, Putting Green, Recreation Room, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Ocean Colony Homeowners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Description: Grade - Varies, Views
  • Lot Acres: 0.1871
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8148.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8148.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 8, 2022
Sold by
Bonnie H Anderson Living Trust
Bought by
Misha Raffiee 2009 Revocable Trust
Seller's Agent
Susie Montgelas
Compass
Buyer's Agent
Barton Pate
RE/MAX Marketplace
List Price
$2,375,000
Sold Price
$2,925,000
Premium/Discount to List
$550,000
23.16%
Current Estimated Value
$2,966,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,174
Avg. Annual Appreciation
0.39%
Original Mortgage
$900,000
Outstanding Balance
$839,360
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$2,126,814

Purchase Details

Closed on
Jul 29, 2021
Sold by
Anderson Bonnie H and Anderson Stephen A
Bought by
Anderson Bonnie H and Bonnie H Anderson Living Trust

Purchase Details

Closed on
May 3, 2013
Sold by
Anderson Bonnie and Anderson Stephen
Bought by
Anderson Stephen A and Anderson Bonnie H

Purchase Details

Closed on
Aug 20, 2010
Sold by
Triterra Investment Portfolio Ii and Kent Robert
Bought by
Anderson Bonnie and Anderson Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Kent Theresa M
Bought by
Kent Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Oconnor Joann and Oconnor Robert H
Bought by
Triterra Investment Portfolio Ii

Purchase Details

Closed on
Mar 15, 2007
Sold by
Oconnor Joann and Oconnor Robert H
Bought by
Oconnor Robert H and Oconnor Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Oconnor Joann
Bought by
Oconnor Robert H and Oconnor Joann

Purchase Details

Closed on
Dec 6, 2005
Sold by
Oconnor Robert H
Bought by
Oconnor Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,001,000
Interest Rate
6.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 22, 2005
Sold by
Tu H Albert and Shanny Tu H
Bought by
Oconnor Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,001,000
Interest Rate
6.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 12, 2005
Sold by
Chang Chih Hsia
Bought by
Tu Tai Yuan

Purchase Details

Closed on
Feb 23, 1996
Sold by
Co Wilfredo B & Siu Hua L
Bought by
Tu H Albert and Shanny Tu H
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
Misha Raffiee 2009 Revocable Trust $2,925,000 Lawyers Title
Anderson Bonnie H -- None Available
Anderson Stephen A -- None Available
Anderson Bonnie -- None Available
Anderson Bonnie $1,035,000 Fidelity National Title Co
Kent Robert -- Fidelity National Title Co
Triterra Investment Portfolio Ii $897,277 None Available
Oconnor Robert H -- Chicago Title Insurance Co
Oconnor Robert H -- Chicago Title Company
Oconnor Robert H -- None Available
Oconnor Joann -- Stewart Title Of California
Oconnor Jo Ann $1,300,000 Stewart Title Of California
Tu Tai Yuan -- Stewart Title Of California
Tu H Albert $543,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misha Raffiee 2009 Revocable Trust $900,000
Previous Owner Anderson Bonnie $776,250
Previous Owner Oconnor Robert H $1,100,000
Previous Owner Oconnor Jo Ann $1,001,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $2,925,000 +23.2% $860 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $2,375,000 -- $699 / 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 $29,212 $2,700,000 $1,315,000 $1,385,000
2023 $29,212 $2,475,000 $1,206,000 $1,269,000
2022 $15,021 $1,249,528 $624,764 $624,764
2021 $14,645 $1,225,028 $612,514 $612,514
2020 $14,387 $1,212,468 $606,234 $606,234
2019 $14,469 $1,188,696 $594,348 $594,348
2018 $13,599 $1,165,390 $582,695 $582,695
2017 $13,262 $1,142,540 $571,270 $571,270
2016 $13,040 $1,120,138 $560,069 $560,069
2015 $13,311 $1,103,314 $551,657 $551,657
2014 $13,403 $1,081,702 $540,851 $540,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81877330

MLSListings

APN: 066-530-070