NOT LISTED FOR SALE

451 Willow Ave Half Moon Bay, CA 94019

Estimated Value: $1,271,000 - $1,703,659

4 Beds
2 Baths
1,736 Sq Ft
$850/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $1,050,000 $605 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,565/month

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Carpet

About This Home

As of July 2018

Perfect investment opportunity! Rare Duplex located on the West side, within walking distance to downtown for shopping and dining, beaches, coastal trail, schools and more. Only 9 years NEW! You can live in one unit and rent the other out or keep both units as rentals! 2bd/1ba each, living/dining area, kitchen, laundry room. Attached three car garage and one carport. Beautifully maintained property and driveway with colorful flowers. Just off of Hwy 1 and Hwy 92, easy access to Silicon Valley and SF.

Last Listed By

Coco Krischer

Keller Williams Thrive License #01924055 Listed on: 06/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,621

Year Built

  • 2009

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $544
  • Maintenance Expense $200
  • Utility Expense $69
  • Operating Expense $11,173
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,621

Year Built

2009

Lot Details

0

Parking

3

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Age: 9
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1736
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2009

Interior Features

  • Living Sq Ft: 1736
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 544
  • Expense Maintenance: 200
  • Expenses Total: 11173
  • Expenses Utility: 69
  • Income Annual Gross: 45600.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 45600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2018
Sold by
Babasa Egmidio F and Ouano Zennaca
Bought by
Babasa Egmidio F and Ouano Zennaea
Total Days on Market
3
Current Estimated Value
$1,476,165

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 18, 2018
Sold by
Krischer John L F and Krischer Yasuko
Bought by
Babasa Egmidio F and Ouano Zennaea
Seller's Agent
Coco Krischer
Keller Williams Thrive
Buyer's Agent
Egmidio Babasa
Real Estate Source, Inc.
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$512,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2015
Sold by
Krischer John L F and Krischer Yasuko
Bought by
Krischer Family 2015 Trust

Purchase Details

Listed on
Apr 27, 2014
Closed on
Jun 18, 2014
Sold by
Hoffman A Carl and Camozzi James A
Bought by
Krischer John L F and Krischer Yasuko
Seller's Agent
William Mahar
Compass
Buyer's Agent
Coco Krischer
Intero San Jose, Willow Glen Lincoln Ave
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$542,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2009
Sold by
Midland Pacific Corporation
Bought by
Hoffman A Carl and Camozzi 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
$300,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Patridge Howard and Patridge Naomi
Bought by
Midland Pacific Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.26%
Mortgage Type
Seller Take Back

Range of Values:

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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
Babasa Egmidio F -- None Available
Babasa Egmidio F $1,050,000 Fidelity National Title Co
Krischer Family 2015 Trust -- None Available
Krischer John L F $775,000 Old Republic Title Company
Hoffman A Carl -- Old Republic Title Company
Midland Pacific Corp $100,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babasa Egmidio F $489,467
Closed Babasa Egmidio F $512,500
Previous Owner Krischer John L F $542,500
Previous Owner Hoffman A Carl $349,000
Previous Owner Hoffman A Carl $300,000
Previous Owner Midland Pacific Corp $530,000
Previous Owner Midland Pacific Corp $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $1,050,000 +5.1% $605 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $999,000 +28.9% $575 / Sq Ft
07/07/2014 07/07/14 Sold $775,000 -1.3% $446 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/27/2014 04/27/14 For Sale $785,000 -- $452 / 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
2023 $15,621 $1,125,809 $696,930 $428,879
2022 $14,485 $1,103,735 $683,265 $420,470
2021 $14,019 $1,082,094 $669,868 $412,226
2020 $13,803 $1,071,000 $663,000 $408,000
2019 $13,749 $1,050,000 $650,000 $400,000
2018 $10,522 $818,604 $409,302 $409,302
2017 $10,360 $802,554 $401,277 $401,277
2016 $10,717 $786,818 $393,409 $393,409
2015 $10,473 $775,000 $387,500 $387,500
2014 $8,062 $568,786 $127,578 $441,208
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Coco Krischer

    Keller Williams Thrive

    Section Image

  • E

    Buyer's Agent in 2018

    Egmidio Babasa

    Real Estate Source, Inc.

  • W

    Seller's Agent in 2014

    William Mahar

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81712614

MLSListings

APN: 056-142-110

California San Mateo County Half Moon Bay 94019

451 Willow Ave, Half Moon Bay, CA

Homes for Sale in Half Moon Bay, CA

This home is located at 451 Willow Ave, Half Moon Bay, CA 94019 since 29 June 2018 and is currently estimated at $1,476,165, approximately $850 per square foot. This property was built in 2009. 451 Willow Ave is a home located in San Mateo County with nearby schools including Alvin S. Hatch Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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