$775,000
SOLD JUL 7, 2014

451 Willow Ave Half Moon Bay, CA 94019

4 Beds
-- Bath
1,736 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$446 Per Sq Ft

1% Below List Price

27 Days on Market

About This Home

As of July 2018

Attractive two unit building in Half Moon Bay fully leased. Good investment property.

Last Agent to Sell the Property

William Mahar

Compass License #00351987 Listed on: 04/27/2014

Last Buyer's Agent

Coco Krischer

Intero San Jose, Willow Glen Lincoln Ave License #01924055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,621

Year Built

  • 2009

Parking

  • Private Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Total Actual Rent $40,200

Community Details

Overview

  • 1,736 Sq Ft Building

Building Details

  • Insurance Expense $873
  • Operating Expense $9,052
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,621

Year Built

2009

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 5
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 446.43
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1736
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2009

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1736
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

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

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.53

Multi Family

  • Expense Insurance: 873
  • Expenses Total: 9052
  • Income Annual Gross: 40200.00
  • Income Annual Rental: 40200
  • Income Gross Scheduled: 40200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

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
27
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
4.38%
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
5.63%
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
Source: Public Records

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,050,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $775,000 Old Republic Title Company
Grant Deed -- Old Republic Title Company
Grant Deed $100,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,467 New Conventional
Closed $512,500 New Conventional
Previous Owner $542,500 New Conventional
Previous Owner $349,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $530,000 Construction
Previous Owner $80,000 Seller Take Back
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: ML81414127

MLSListings

APN: 056-142-110

California San Mateo County Half Moon Bay 94019

451 Willow Ave, Half Moon Bay, CA

This home is located at 451 Willow Ave, Half Moon Bay, CA 94019 and is currently priced at $775,000, approximately $446 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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