NOT LISTED FOR SALE

480 Norfolk Dr Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,448,000 - $1,918,866

4 Beds
4 Baths
2,790 Sq Ft
$624/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $1,300,000 $466 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,260/month

65 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Westmoor High School Rated A-

About This Home

As of February 2018

Nicely remodeled, vacant, and fully detached Pacifica duplex conveniently located in desirable Pacific Manor with ocean views, is a fantastic investment opportunity. Each unit boasting 2 spacious bedrooms, 2 full baths (on separate levels for privacy), new kitchen with brand new appliances, custom cabinetry and flooring. Freshly painted interior and exterior, in-unit laundry area plus 1 car parking per unit in an enclosed attached garage totaling 2790 sq ft on a 4982 sq ft lot completes this turn key duplex. Just a short drive to the beach, restaurants and easy access to freeway. Great for multi-families, rental income and more.

Last Agent to Sell the Property

Michelle Kim

Mosaik Real Estate License #01499868 Listed on: 11/03/2017

Last Buyer's Agent

Peter Park

RE/MAX Westlake License #01227646

RE/MAX Westlake

Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 4,983

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property

Additional Features

  • 4,983 Sq Ft Lot
  • Forced Air Heating System

Community Details

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2790
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Living Sq Ft: 2790
  • Stories: 1

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1144
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4982.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4982.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Feb 1, 2018
Sold by
Hora Gil
Bought by
Korean Central Prestyterian Church
Seller's Agent
Michelle Kim
Mosaik Real Estate
Buyer's Agent
Peter Park
RE/MAX Westlake
List Price
$1,198,000
Sold Price
$1,300,000
Premium/Discount to List
$102,000
8.51%
Current Estimated Value
$1,739,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,967
Avg. Annual Appreciation
3.75%
Original Mortgage
$30,000
Outstanding Balance
$25,257
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,714,710

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hora Gil
Bought by
Hora Gil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korean Central Prestyterian Church $1,300,000 Chicago Title Co
Hora Gil -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korean Central Prestyterian Church $30,000
Previous Owner Hora Gil $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $1,300,000 +8.5% $466 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $1,198,000 0.0% $429 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $1,198,000 -- $429 / 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 $2,057 $1,479,172 $807,856 $671,316
2023 $2,057 $1,421,736 $776,487 $645,249
2022 $1,920 $1,393,860 $761,262 $632,598
2021 $2,476 $1,366,531 $746,336 $620,195
2020 $2,080 $1,352,520 $738,684 $613,836
2019 $1,858 $1,326,000 $724,200 $601,800
2018 $6,561 $425,302 $133,792 $291,510
2017 $6,375 $371,065 $82,451 $288,614
2016 $6,001 $363,790 $80,835 $282,955
2015 $6,149 $358,326 $79,621 $278,705
2014 $6,174 $351,308 $78,062 $273,246
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michelle Kim

    Mosaik Real Estate

  • P

    Buyer's Agent in 2018

    Peter Park

    RE/MAX Westlake

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Map

Source: MLSListings

MLS Number: ML81683716

MLSListings

APN: 009-383-110

California San Mateo County Pacifica 94044 Fairmont

480 Norfolk Dr, Pacifica, CA

Not Listed for Sale

MultiFamily

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