NOT LISTED FOR SALE

472 Lewis Ln Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,955,270 - $1,983,000

6 Beds
3 Baths
3,840 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $2,050,000 $534 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,668/month

67 Days on Market

Highlights

  • 0.27 Acre Lot
  • Fireplace
  • Forced Air Heating System
  • Westmoor High School Rated A-
  • 6 Car Attached Garage
  • Washer and Dryer

About This Home

As of August 2022

Beautifully and fully renovated triplex with ocean views! Each unit has a remodeled kitchen, bathroom, gas fireplace, lighting, 2 car garage and more! Two units have ocean views and backdeck areas. Easy commute to San Francisco or Peninsula.

Last Agent to Sell the Property

Kristjan Higdon

eXp Realty of California Inc License #01948080 Listed on: 05/16/2022

eXp Realty of California Inc

Last Buyer's Agent

Kristjan Higdon

eXp Realty of California Inc License #01948080 Listed on: 05/16/2022

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1988

Lot Details

  • 0.27

Parking

  • 6 Car Attached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Washer and Dryer

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $217,823

Community Details

Overview

  • 3,840 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $900
  • Insurance Expense $2,652
  • Maintenance Expense $500
  • Manager Expense $42,000
  • Utility Expense $5,200
  • Trash Expense $2,000
  • Operating Expense $73,252
  • Gross Income $185,150

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

0

Parking

6

Listing Details

  • Zoning: R3000G
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Living Sq Ft: 3840
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2676
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11657.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11657.00

Rental Info

  • Gross Rent Multiplier: 10.10
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2652
  • Expense Landscape: 900
  • Expense Maintenance: 500
  • Expense Management: 42000
  • Expenses Total: 73252
  • Expenses Utility: 5200
  • Expense Trash: 2000
  • Income Annual Gross: 185150.00
  • Income Annual Rental: 217823
  • Income Gross Scheduled: 217823
  • Meters: Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Maintenance
  • Tenant Expenses: Miscellaneous/Other
  • Vacancy Factor: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 10, 2022
Sold by
James B Hudon 2021 Trust and Hudon James B
Bought by
Robert G Bloomer And Pauline C Burke Trust and Bloomer
Seller's Agent
Kristjan Higdon
eXp Realty of California Inc
Buyer's Agent
Kristjan Higdon
eXp Realty of California Inc
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Current Estimated Value
$1,972,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,432
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
Aug 24, 2021
Sold by
Hudon James
Bought by
Hudon James B and James B Hudon 2021 Trust

Purchase Details

Closed on
Nov 29, 2018
Sold by
Oropeza David
Bought by
Hudon James

Purchase Details

Closed on
Jul 22, 2003
Sold by
Oropeza David and Vieyra Noe
Bought by
Oropeza David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 30, 1997
Sold by
Blasi Agnes A
Bought by
Oropeza David and Vieyra Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robert G Bloomer And Pauline C Burke Trust $2,050,000 First American Title
Hudon James B -- None Available
Hudon James $1,000,000 First American Title Co
Oropeza David -- Fidelity National Title
Oropeza David $338,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oropeza David $298,000
Previous Owner Oropeza David $304,200
Closed Oropeza David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $2,050,000 -6.8% $534 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,200,000 -- $573 / 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 $28,362 $2,132,820 $832,320 $1,300,500
2023 $28,362 $2,050,000 $800,000 $1,250,000
2022 $18,520 $1,524,207 $946,060 $578,147
2021 $19,391 $1,494,321 $927,510 $566,811
2020 $19,821 $1,479,000 $918,000 $561,000
2019 $19,317 $1,450,000 $900,000 $550,000
2018 $11,523 $787,527 $407,219 $380,308
2017 $10,798 $772,088 $399,236 $372,852
2016 $10,672 $756,952 $391,409 $365,543
2015 $10,288 $745,585 $385,531 $360,054
2014 $10,036 $730,982 $377,980 $353,002
Source: Public Records

Agents Affiliated with this Home

  • Kristjan Higdon

    Seller's Agent in 2022

    Kristjan Higdon

    eXp Realty of California Inc

    (650) 303-1216

    1 in this area

    61 Total Sales

    Kristjan Higdon
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Map

Source: MLSListings

MLS Number: ML81891894

MLSListings

APN: 009-384-150

California San Mateo County Pacifica 94044 Fairmont

472 Lewis Ln, Pacifica, CA

Not Listed for Sale

MultiFamily

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