NOT LISTED FOR SALE

474 Willow Ave Half Moon Bay, CA 94019

Estimated Value: $1,525,000 - $1,737,000

6 Beds
6 Baths
3,105 Sq Ft
$521/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $1,350,000 $435 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,106/month

146 Days on Market

Highlights

  • 3 Car Attached Garage
  • Laundry Facilities
  • Washer and Dryer
  • Landscaped

About This Home

As of February 2021

Very Motivated Seller!!!This solid building has 3 units. Each unit has 2 bedrooms and 1.5 baths and 1 open garage parking. On-site washer and dryer. The building is located in a very quiet neighborhood. Walking distance to downtown Half Moon Bay where restaurants,stores and Bank are. It is a great opportunity for investors, or first time homeowners to own a property in the desirable Bay Area.

Last Agent to Sell the Property

Yan Wang

PrimeCity Properties Co. License #01784399 Listed on: 07/17/2020

Last Buyer's Agent

Keith Suddjian

Cornish & Carey Commercial License #00673961

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,000 Sq Ft Lot
  • Landscaped

Home Design

  • 3,105 Sq Ft Home
  • Triplex

Parking

  • 3 Car Attached Garage
  • Carport

Additional Features

  • Dishwasher
  • Washer and Dryer

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 056143070

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1964
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Free Standing Refrigerator, OVFR
  • Laundry Features: In Common Area, Washer/Dryer Owned
  • Price Per Square Foot: 434.78
  • Square Footage: 3105.00

Garage/Parking

  • Parking Features: Attached, Carport
  • Total Parking Spaces: 3.00

Lot Info

  • Assessor Parcel Number: 056143070
  • Lot Features: Garden, Landscape Front, Shape Regular
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 11759581.88
  • Zoning: R30000

Rental Info

  • Lease Term: MTOM,SCDP,WRTA
  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Rent Multiplier: 15.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Jan 25, 2021
Sold by
Yu Dayong and The Dayong Yu Revocable Living
Bought by
Choi Robert P and Choi Patricia Sing
Seller's Agent
Yan Wang
PrimeCity Properties Co.
Buyer's Agent
Keith Suddjian
Cornish & Carey Commercial
List Price
$1,399,800
Sold Price
$1,350,000
Premium/Discount to List
-$49,800
-3.56%
Current Estimated Value
$1,641,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,418
Avg. Annual Appreciation
3.74%
Original Mortgage
$945,000
Outstanding Balance
$847,660
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$771,436

Purchase Details

Closed on
Feb 23, 2018
Sold by
Yu Dayoung
Bought by
Yu Dayong and Dayoung Yu Revocable Living Tr

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 6, 2015
Sold by
Roy Audrey Margueritte
Bought by
Yu Dayong
Seller's Agent
Matthew Ma
eXp Realty of California, Inc
Buyer's Agent
Yan Wang
PrimeCity Properties Co.
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$450,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2006
Sold by
Standefer Michael and Standler & Shiells Trust
Bought by
Roy Audrey Margueritte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
9.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 26, 2005
Sold by
Standefer Michael J
Bought by
Standefer Michael and Standler & Shiells Trust

Purchase Details

Closed on
May 10, 1994
Sold by
Rufsvold Janet and Steele Catherine
Bought by
Standefer Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
4.62%

Purchase Details

Closed on
May 5, 1994
Sold by
Shiells Maureen
Bought by
Standefer Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
4.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Choi Robert P $1,350,000 First American Title Company
Yu Dayong -- None Available
Yu Dayong $1,195,000 Fidelity National Title Co
Roy Audrey Margueritte $870,000 Alliance Title Company
Standefer Michael -- --
Standefer Michael J $306,000 North American Title Co Inc
Standefer Michael J -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Robert P $945,000
Previous Owner Yu Dayong $450,000
Previous Owner Roy Audrey Margueritte $783,000
Previous Owner Standefer Michael J $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2021 02/08/21 Sold $1,350,000 -3.6% $435 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $1,399,800 +17.1% $451 / Sq Ft
05/22/2015 05/22/15 Sold $1,195,000 0.0% $385 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,195,000 -- $385 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $18,999 $1,400,000 $985,000 $415,000
2023 $18,999 $1,404,540 $988,380 $416,160
2022 $18,569 $1,377,000 $969,000 $408,000
2021 $17,672 $1,326,830 $663,415 $663,415
2020 $17,348 $1,313,226 $656,613 $656,613
2019 $17,495 $1,287,478 $643,739 $643,739
2018 $16,886 $1,262,234 $631,117 $631,117
2017 $16,706 $1,237,486 $618,743 $618,743
2016 $17,043 $1,213,222 $606,611 $606,611
2015 $14,640 $969,846 $484,923 $484,923
2014 $15,563 $950,850 $475,425 $475,425
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 501837

San Francisco Association of REALTORS®

APN: 056-143-070