NOT LISTED FOR SALE

487 Pine Ave Half Moon Bay, CA 94019

Half Moon Bay Area

Estimated Value: $1,260,000 - $2,028,731

5 Beds
3 Baths
3,421 Sq Ft
$467/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2016

Last sale price $890,000 $260 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,654 / mo

27 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of November 2016

This coastside duplex consists of a 3bd/2ba unit and a 2bd/1ba unit. West side location and walk to the beach, coastal trail, and downtown restaurants and shops! Both units have private, 2 car garages with ample parking in the driveway. Upstairs unit has a deck with access to spacious rear yard.

Last Agent to Sell the Property

Robert Garrison

Garrison Properties License #01989778 Listed on: 09/14/2016

Last Buyer's Agent

Greg Cohn

Capital Realty Group License #00871792

Capital Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 6,011

Parking

  • 4 Car Attached Garage
  • On-Street Parking
  • Unassigned Parking

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,421 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Disposal

Additional Features

  • 6,011 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Other Expense $460
  • Trash Expense $1,704
  • Operating Expense $9,186
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

6,011 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3421
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3421
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Unassigned Spaces

Utilities

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

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.28
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Other: 460
  • Expenses Total: 9186
  • Expense Trash: 1704
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 9, 2016
Sold by
Bought by
Seller's Agent
Robert Garrison
Garrison Properties
Buyer's Agent
Greg Cohn
Capital Realty Group
List Price
$949,950
Sold Price
$890,000
Premium/Discount to List
-$59,950
-6.31%
Current Estimated Value
$1,597,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,433
Avg. Annual Appreciation
6.25%
Original Mortgage
$590,000
Interest Rate
0.0342%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$890,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $590,000
Previous Owner $89,000
Previous Owner $101,000
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $890,000 -6.3% $260 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $949,950 -- $278 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,122 $1,032,915 $707,954 $324,961
2023 $14,122 $992,808 $680,464 $312,344
2022 $13,038 $973,342 $667,122 $306,220
2021 $12,611 $954,258 $654,042 $300,216
2020 $12,395 $944,474 $647,336 $297,138
2019 $12,230 $925,956 $634,644 $291,312
2018 $11,358 $907,800 $622,200 $285,600
2017 $11,488 $890,000 $610,000 $280,000
2016 $5,658 $387,762 $105,396 $282,366
2015 $5,823 $381,938 $103,813 $278,125
2014 $5,945 $374,457 $101,780 $272,677
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Garrison

    Garrison Properties

  • G

    Buyer's Agent in 2016

    Greg Cohn

    Capital Realty Group

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Map

Source: MLSListings

MLS Number: ML81614427

MLSListings

APN: 056-141-880

California San Mateo County Half Moon Bay 94019

487 Pine Ave, Half Moon Bay, CA

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