NOT LISTED FOR SALE

447 Norfolk Dr Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,397,000 - $2,090,113

6 Beds
5 Baths
3,960 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2014

Last sale price $905,000 $229 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,305 / mo

16 Days on Market

Highlights

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

About This Home

As of July 2014

Nice Townhouse style 2 unit building. Both units features split level floor plan w/cathedral ceilings, decks, ocean views, fireplace 2 car side by side garage. Great income potential! Square footage of living area is from assessor's record and is not verified by listing agent.

Last Agent to Sell the Property

Milton Ow

Coldwell Banker Realty License #01224915 Listed on: 05/22/2014

Last Buyer's Agent

Jean Joh

8z Real Estate License #01830950

8z Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1996

Lot Details

  • 8,886

Parking

  • Private Parking

Property Views

  • Ocean
  • Garden
  • Neighborhood

Home Design

  • 3,960 Sq Ft Home
  • Duplex
  • Shingle Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Additional Features

  • Laundry in Garage
  • Lot Sloped Up

Listing and Financial Details

  • Total Actual Rent $23,232

Community Details

Overview

  • 3,960 Sq Ft Building

Building Details

  • Operating Expense $9,769
  • Gross Income $23,232

Property Details

Home Type

Multi-Family

Year Built

1996

Lot Details

8,886 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 228.54
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1996

Interior Features

  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3960
  • Laundry: Laundry Area - In All Units, In Garage, Laundry Area - In Unit
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle
  • View: Garden / Greenbelt, Local/Neighborhood, Ocean
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6600.00
  • Lot Size Area Min Search: 6600.00
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 38.52

Multi Family

  • Expenses Total: 9769
  • Income Annual Gross: 23232.00
  • Income Annual Rental: 23232
  • Income Gross Scheduled: 23232
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Vacancy Factor, Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2014
Closed on
Jun 26, 2014
Sold by
Loke Athel and Leong Pou Camela Mui
Bought by
Tan Tommy and Tan Wendy
Seller's Agent
Milton Ow
Coldwell Banker Realty
Buyer's Agent
Jean Joh
8z Real Estate
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,661,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,028
Avg. Annual Appreciation
5.25%
Original Mortgage
$678,750
Outstanding Balance
$516,229
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,144,799

Purchase Details

Closed on
Apr 22, 2005
Sold by
Ng Sylva and Kwan Dustin J
Bought by
Loke Athel and Leong Pou Camela Mui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
Sold by
Woodworth James A
Bought by
Ng Sylvia and Kwan Dustin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2000
Sold by
Norfolk Properties
Bought by
Woodworth James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
9.25%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Norfolk Properties
Bought by
Dewar Donald R and Dewar Kelyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tan Tommy $905,000 Fidelity National Title
Loke Athel $912,000 North American Title Co
Ng Sylvia $687,000 First American Title Company
Woodworth James A $529,000 Fidelity National Title Co
Norfolk Properties $364,000 Fidelity National Title Co
Dewar Donald R $265,500 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Tan Tommy $678,750
Previous Owner Loke Athel $645,000
Previous Owner Ng Sylvia $549,600
Previous Owner Woodworth James A $396,750
Previous Owner Dewar Donald R $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $905,000 +1.1% $229 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $895,000 -- $226 / 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 $15,796 $1,087,666 $543,833 $543,833
2023 $15,796 $1,045,432 $522,716 $522,716
2022 $15,005 $1,024,934 $512,467 $512,467
2021 $14,378 $1,004,838 $502,419 $502,419
2020 $14,020 $994,536 $497,268 $497,268
2019 $13,725 $975,036 $487,518 $487,518
2018 $13,179 $955,918 $477,959 $477,959
2017 $12,727 $937,176 $468,588 $468,588
2016 $12,462 $918,800 $459,400 $459,400
2015 $12,208 $905,000 $452,500 $452,500
2014 $11,048 $800,000 $400,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Milton Ow

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2014

    Jean Joh

    8z Real Estate

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Map

Source: MLSListings

MLS Number: ML81417969

MLSListings

APN: 009-382-250

California San Mateo County Pacifica 94044 Fairmont

447 Norfolk Dr, Pacifica, CA

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