NOT LISTED FOR SALE

50 Afar Way Montara, CA 94037

Moss Beach Neighborhood

Estimated Value: $993,721

3.84 Acres
$258,782 Price per Acre
167,270 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $1,080,000

Est. 8% decrease in value since last sale

Current estimated payment $6,480/month

309 Days on Market

About This Lot

As of May 2022

3.89 Acre property with stunning ocean views, paved street access, well installed, and building plans for approximate 5,000 square foot home was approved but permit expired. This is a rare opportunity to own a luxury home in multi-million dollar neighborhood at a huge discount. Either build and sell or build and save big, this is the chance of a lifetime!

Last Agent to Sell the Property

Tony Chan

NAREIG CA License #01938263 Listed on: 05/26/2021

Last Buyer's Agent

The reSolve Group

Compass License #70010012

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,911

Lot Details

  • 3.84

Additional Features

  • 3.84 Acre Lot
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$12,911

Lot Details

0

Listing Details

  • Zoning: PAD000
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Acres: 3.8400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 167270.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 167270.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: None / No Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 22, 2012
Sold by
Regan Robert M and Regan Jane Anne
Bought by
Lin Haitao and Wang Benyu
Seller's Agent
Richard Kuhr
Coldwell Banker Residential
Buyer's Agent
Betsy Ballenger
Zip Realty Inc
List Price
$688,000
Sold Price
$530,000
Premium/Discount to List
-$158,000
-22.97%
Current Estimated Value
$993,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,721
Avg. Annual Appreciation
4.80%
Original Mortgage
$102,000
Outstanding Balance
$70,704
Interest Rate
3.91%
Mortgage Type
Unknown
Estimated Equity
$923,017

Purchase Details

Closed on
Sep 13, 2000
Sold by
Childers David and Bridges Margot
Bought by
Regan Robert M and Regan Jane Anne

Purchase Details

Closed on
Sep 21, 1999
Sold by
Marchi Natalino and Marchi Phyllis
Bought by
Childers David and Bridges Margot

Purchase Details

Closed on
Mar 11, 1999
Sold by
Campinotti Edward and Campinotti Diana M
Bought by
Costella Frank and Moceo Ralph
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Lin Haitao $530,000 First American Title Company
Regan Robert M $995,000 Old Republic Title Company
Childers David $575,000 Old Republic Title Company
Costella Frank -- Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Haitao $102,000
Previous Owner Regan Robert M $60,000
Previous Owner Regan Robert M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,080,000 -1.8% --
04/01/2022 04/01/22 Pending -- -- --
12/11/2021 12/11/21 Price Changed $1,100,000 -8.3% --
05/26/2021 05/26/21 For Sale $1,200,000 +126.4% --
04/09/2012 04/09/12 Sold $530,000 -23.0% --
02/28/2012 02/28/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $688,000 -- --
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 $12,911 $1,146,104 $1,146,104 --
2023 $12,911 $1,101,600 $1,101,600 $0
2022 $7,365 $627,311 $627,311 $0
2021 $7,287 $615,011 $615,011 $0
2020 $7,376 $608,705 $608,705 $0
2019 $7,459 $596,770 $596,770 $0
2018 $7,020 $585,069 $585,069 $0
2017 $6,971 $573,598 $573,598 $0
2016 $6,918 $562,351 $562,351 $0
2015 $6,791 $553,904 $553,904 $0
2014 $6,699 $543,054 $543,054 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Chan

    Seller's Agent in 2022

    Tony Chan

    NAREIG CA

    (415) 533-6558

    1 in this area

    9 Total Sales

    Tony Chan
    Section Image

  • T

    Buyer's Agent in 2022

    The reSolve Group

    Compass

    Section Image

  • R

    Seller's Agent in 2012

    Richard Kuhr

    Coldwell Banker Residential

    Section Image

  • B

    Buyer's Agent in 2012

    Betsy Ballenger

    Zip Realty Inc

See All Agents

Map

Source: MLSListings

MLS Number: ML81845910

MLSListings

APN: 036-310-190

California San Mateo County Montara 94037 Moss Beach

50 Afar Way, Montara, CA

This home is located at 50 Afar Way, Montara, CA 94037 since 26 May 2021 and is currently estimated at $993,721. 50 Afar Way is a home located in San Mateo County with nearby schools including Farallone View Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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