NOT LISTED FOR SALE

484 Pine Ave Half Moon Bay, CA 94019

Estimated Value: $1,272,000 - $1,679,075

5 Beds
3 Baths
2,238 Sq Ft
$631/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,075,000 $480 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,766/month

1 Day on Market

Highlights

  • Tile Flooring
  • Back Yard
  • 1-Story Property

About This Home

As of July 2021

Westside Duplex near the beach and downtown HMB. This single story property has a 3 bedroom 2 bath and a 2 bedroom 1 bath apartment, both with a one car attached garage. Live in one, rent the other or rent both units. Both sides are currently occupied.When vacated, these units ill require lots of TLC!

Last Agent to Sell the Property

The Ely Team

Compass License #70010072 Listed on: 06/07/2021

Last Buyer's Agent

The Ely Team

Compass License #70010072 Listed on: 06/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,291

Year Built

  • 1964

Lot Details

  • 5,998 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $27,390

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,196
  • Maintenance Expense $944
  • Utility Expense $6,328
  • Operating Expense $15,473
  • Gross Income $27,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,291

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2238
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 2238
  • Stories: 1
  • Flooring: Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard

Garage/Parking

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

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Cabrillo Unified
  • Elementary School: Alvin S. Hatch Elementary
  • Middle School: Manuel F. Cunha Intermediate
  • High School: Half Moon Bay High
  • High School: 1035
  • Elementary School: 601
  • Middle School: 654

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 39.25
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1196
  • Expense Maintenance: 944
  • Expenses Total: 15473
  • Expenses Utility: 6328
  • Income Annual Gross: 27390.00
  • Income Annual Rental: 27390
  • Income Gross Scheduled: 27390
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Services - Sewer, Supplies, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
James Palmer Kevin and James Elizabeth Jill
Bought by
Palmer Kevin James and El Jill
Current Estimated Value
$1,411,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Outstanding Balance
$887,362
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$519,370

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jun 15, 2021
Sold by
Coyner Christine Marie
Bought by
Palmer Kevin James and Palmer Jill Elizabeth
Seller's Agent
The Ely Team
Compass
Buyer's Agent
The Ely Team
Compass
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$500,000
Interest Rate
2.96%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Palmer Kevin James -- Lawyers Title
Palmer Kevin James $1,075,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Kevin James $952,000
Previous Owner Palmer Kevin James $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $1,075,000 0.0% $480 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,075,000 -- $480 / 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 $15,291 $1,140,798 $997,535 $143,263
2023 $15,291 $1,096,500 $958,800 $137,700
2022 $14,169 $1,075,000 $940,000 $135,000
2021 $6,388 $389,007 $132,608 $256,399
2020 $6,172 $385,019 $131,249 $253,770
2019 $6,564 $377,471 $128,676 $248,795
2018 $6,143 $370,070 $126,153 $243,917
2017 $6,805 $362,815 $123,680 $239,135
2016 $6,142 $355,702 $121,255 $234,447
2015 $6,013 $350,360 $119,434 $230,926
2014 $6,111 $343,498 $117,095 $226,403
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Ely Team

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81847666

MLSListings

APN: 056-141-400

California San Mateo County Half Moon Bay 94019

484 Pine Ave, Half Moon Bay, CA

This home is located at 484 Pine Ave, Half Moon Bay, CA 94019 since 07 June 2021 and is currently estimated at $1,411,769, approximately $630 per square foot. This property was built in 1964. 484 Pine 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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