NOT LISTED FOR SALE

501 Farallon Ave Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,569,000 - $1,990,000

3 Beds
2 Baths
2,032 Sq Ft
$882/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $1,535,000 $755 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,195/month

6 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Deck
  • Westmoor High School Rated A-
  • 0.26 Acre Lot
  • 3-minute walk to Edgemar Park

About This Home

As of February 2018

This stately 3-bedroom home sits on over .25 acre of terraced land. Living room windows sweep from floor to ceiling where you will get lost in the amazing ocean views and stunning sunsets. A vintage burnt orange Fire Drum is a stylish centerpiece. The dining room is bright and spacious with contemporary lighting and opens to the deck allowing for continues indoor-outdoor entertaining. The kitchen is a cooks delight with updated appliances, wine fridge and sleek metal back splash. The master suite is ocean-facing with sweeping views and includes a sizable walk-in closet and updated bath. The backyard offers lovely outdoor spaces with a raised deck great for outdoor dining. The terraced front yard is complete with lush drought resistant plants and mature trees. A wide driveway leads to a detached 2-car garage. The Treasure of Farallon is a lovely Pacifica home that is private and luminous on both sunny and foggy coastal days.

Last Agent to Sell the Property

Alan Canas

Sotheby's Intl Rlty License #01793936 Listed on: 01/18/2018

Sotheby's Intl Rlty

Last Buyer's Agent

Tanya Dzhibrailova

Corcoran Global Living License #01425823

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Lot Sloped Up
  • Back Yard
  • Zoning described as PD0000

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Art Studio

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-510-350

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2032
  • Year Built: 1978
  • Zoning Description: PD0000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2032
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: In Utility Room, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Artist Studio, Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck
  • Construction Type: Vinyl Siding, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • High School: 772

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 009-510-350
  • Lot Acres: 0.2583
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11250.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High
  • Elementary School Text: Ocean Shore Elementary
  • High School Text: Terra Nova High
  • Middle School Text: Ingrid B. Lacy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Hughes Kang and Hughes Alison
Bought by
Kang Living Trust and Kang
Current Estimated Value
$1,791,560

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 13, 2018
Sold by
Rosenbaum Alan H and Estate Of Elizabeth Gray
Bought by
Kang James and Hughes Alison J
Seller's Agent
Alan Canas
Sotheby's Intl Rlty
Buyer's Agent
Tanya Dzhibrailova
Corcoran Global Living
List Price
$1,098,000
Sold Price
$1,535,000
Premium/Discount to List
$437,000
39.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$1,228,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1995
Sold by
Gray V Elizabeth and Rosenbaum Dorothy S
Bought by
Gray V Elizabeth and Rosenbaum Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 14, 1995
Sold by
Gray V Elizabeth and Rosenbaum Dorothy S
Bought by
The V Elizabeth Gray Trust and The Dorothy S Rosenbaum Trust

Purchase Details

Closed on
Sep 29, 1994
Sold by
Eubanks Grier and Czekala Kathleen
Bought by
Gray V Elizabeth and Rosenbaum Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.5%

Purchase Details

Closed on
Feb 10, 1994
Sold by
Eubanks Grier and Czekala Kathleen
Bought by
Eubanks Grier and Czekala Kathleen
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

Date Buyer Sale Price Title Company
Kang Living Trust -- None Listed On Document
Kang James $1,535,000 Fidelity National Title Co
Gray V Elizabeth -- Fidelity National Title
The V Elizabeth Gray Trust -- --
Gray V Elizabeth $340,000 North American Title Company
Eubanks Grier -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang James $1,228,000
Previous Owner Gray V Elizabeth $235,000
Previous Owner Gray V Elizabeth $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $1,535,000 +39.8% $755 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,098,000 -- $540 / 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 $21,700 $1,746,562 $1,080,935 $665,627
2023 $21,700 $1,678,743 $1,038,962 $639,781
2022 $19,553 $1,645,828 $1,018,591 $627,237
2021 $19,336 $1,613,558 $998,619 $614,939
2020 $19,538 $1,597,014 $988,380 $608,634
2019 $19,140 $1,565,700 $969,000 $596,700
2018 $8,530 $661,322 $330,661 $330,661
2017 $8,183 $648,356 $324,178 $324,178
2016 $7,992 $635,646 $317,823 $317,823
2015 $7,676 $626,100 $313,050 $313,050
2014 $7,540 $613,838 $306,919 $306,919
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alan Canas

    Sotheby's Intl Rlty

    Section Image

  • T

    Buyer's Agent in 2018

    Tanya Dzhibrailova

    Corcoran Global Living

See All Agents

Map

Source: MLSListings

MLS Number: ML81689496

MLSListings

APN: 009-510-350

California San Mateo County Pacifica 94044 Fairmont

501 Farallon Ave, Pacifica, CA

Not Listed for Sale

Detached

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