NOT LISTED FOR SALE

414 Lewis Ln Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,201,000 - $1,557,409

5 Beds
3 Baths
2,535 Sq Ft
$544/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $850,000 $335 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,516/month

26 Days on Market

Highlights

  • Ocean View
  • Deck
  • Balcony
  • Westmoor High School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of January 2015

remodeled kitchen and baths...new hardwood floors living room...private back yards/patio for both units...both units with one car private garage...ocean view from front deck

Last Agent to Sell the Property

Vince Armando

Armando Investment License #00609541 Listed on: 11/21/2014

Last Buyer's Agent

Louis Trujillo

Heaven 'n Earth Realty License #00550775

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 9,060

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,535 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $56,100
  • The owner pays for water

Community Details

Overview

  • 2,535 Sq Ft Building

Building Details

  • Insurance Expense $900
  • Operating Expense $7,463
  • Gross Income $56,100

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

9,060 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2535
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2535
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Hardwood, Carpet

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Common Parking Area, Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9010.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9010.00
  • Lot Size Area Min Search: 9010.00
  • Maximum Lot Size: 9010.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.49

Multi Family

  • Expense Insurance: 900
  • Expenses Total: 7463
  • Expense Water Sewer: 1200
  • Income Annual Gross: 56100.00
  • Income Annual Rental: 56100
  • Income Gross Scheduled: 56100
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water, Insurance, Services - Sewer
  • Owner Pays: Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Rayes Ron Marwan Ezzat and Rayes Dalia R
Bought by
Ron Marwan Ezzat Rayes And Dalia Rafeh Rayes and Rayes
Current Estimated Value
$1,379,852

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 20, 2015
Sold by
Armando Vincent T
Bought by
Rayes Ron M and Rayes Dalla R
Seller's Agent
Vince Armando
Armando Investment
Buyer's Agent
Louis Trujillo
Heaven 'n Earth Realty
List Price
$869,000
Sold Price
$850,000
Premium/Discount to List
-$19,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$536,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 18, 2014
Sold by
Lu David E and Lu Daisy W
Bought by
Armando Vincent T
Seller's Agent
Stephen Marshall
Coldwell Banker Realty
Buyer's Agent
Vince Armando
Armando Investment
List Price
$749,000
Sold Price
$729,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.84%
Original Mortgage
$533,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1993
Sold by
Lu David and Lu Daisy
Bought by
Lu David E and Lu Daisy W
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
Ron Marwan Ezzat Rayes And Dalia Rafeh Rayes -- None Listed On Document
Rayes Ron M $850,000 First American Title Company
Armando Vincent T $740,000 Fidelity National Title Co
Lu David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rayes Ron M $536,250
Previous Owner Armando Vincent T $533,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2015 01/26/15 Sold $850,000 -2.2% $335 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $869,000 +19.2% $343 / Sq Ft
10/08/2014 10/08/14 Sold $729,000 -2.7% $288 / Sq Ft View Prior Sale
08/27/2014 08/27/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $749,000 -- $295 / Sq Ft
Source: MLSListings

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 $13,715 $1,021,562 $510,781 $510,781
2023 $13,715 $981,896 $490,948 $490,948
2022 $12,597 $962,644 $481,322 $481,322
2021 $12,186 $943,770 $471,885 $471,885
2020 $12,147 $934,094 $467,047 $467,047
2019 $11,879 $915,780 $457,890 $457,890
2018 $11,927 $897,824 $448,912 $448,912
2017 $12,269 $880,220 $440,110 $440,110
2016 $11,894 $862,962 $431,481 $431,481
2015 $9,405 $740,000 $370,000 $370,000
2014 $5,452 $292,972 $99,838 $193,134
Source: Public Records

Agents Affiliated with this Home

  • Vince Armando

    Seller's Agent in 2015

    Vince Armando

    Armando Investment

    (415) 860-4527

    24 Total Sales

    Vince Armando
    Section Image

  • L

    Buyer's Agent in 2015

    Louis Trujillo

    Heaven 'n Earth Realty

    Section Image

  • S

    Seller's Agent in 2014

    Stephen Marshall

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81440980

MLSListings

APN: 009-384-040

California San Mateo County Pacifica 94044 Fairmont

414 Lewis Ln, Pacifica, CA

Not Listed for Sale

MultiFamily

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