NOT LISTED FOR SALE

521 The Alameda Half Moon Bay, CA 94019

Estimated Value: $1,280,000 - $1,585,000

3 Beds
2 Baths
1,807 Sq Ft
$765/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $481,000 $266 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $8,061/month

43 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of October 2012

Duplex within walking distance to the beach. Owner has remodeled the units. Views of the beach from deck upstairs. Seperate meters. Lease contract with tenant expires in October. Bamboo flooring upstairs.

Last Agent to Sell the Property

Jose Gonzalez

Matrixone Realty License #01768161 Listed on: 07/05/2012

Last Buyer's Agent

Jesse Gutierrez

Vision Real Estate License #01187448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,378

Year Built

  • 1959

Lot Details

  • 2,962

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Microwave

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Operating Expense $9,278
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,378

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 53
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Varies By Unit, Microwave
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Shingle
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Cabrillo Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3016.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3016.00
  • Lot Size Area Min Search: 3016.00
  • Maximum Lot Size: 3016.00

Rental Info

  • Existing Lease Term(s): More Than 1 Yr
  • Gross Rent Multiplier: 27.72

Multi Family

  • Expense Insurance: 900
  • Expenses Total: 9278
  • Expense Water Sewer: 150
  • Income Annual Gross: 18000.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Tax

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Oct 24, 2012
Sold by
Gibson Michelle and Gibson Shad J
Bought by
Young Samuel and Shih Chinwen
Seller's Agent
Jose Gonzalez
Matrixone Realty
Buyer's Agent
Jesse Gutierrez
Vision Real Estate
List Price
$499,000
Sold Price
$481,000
Premium/Discount to List
-$18,000
-3.61%
Current Estimated Value
$1,381,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,881
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Schwartz Patricia
Bought by
Gibson Shad J and Gibson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2004
Sold by
Jackson Joseph H
Bought by
Schwartz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2002
Sold by
Muller Kenneth F and Muller Mabel Veronica
Bought by
Jackson Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Interest Rate
6.43%
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
Young Samuel $481,000 Old Republic Title Company
Gibson Shad J $699,000 Old Republic Title Company
Schwartz Patricia $529,000 Old Republic Title Company
Jackson Joseph H $416,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Samuel $283,000
Closed Young Samuel $336,000
Previous Owner Gibson Shad J $656,000
Previous Owner Gibson Shad J $81,000
Previous Owner Gibson Shad J $559,200
Previous Owner Schwartz Patricia $423,200
Previous Owner Jackson Joseph H $332,800
Closed Schwartz Patricia $105,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $481,000 -3.6% $266 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $499,000 -- $276 / 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 $8,378 $592,300 $296,150 $296,150
2023 $8,378 $569,302 $284,651 $284,651
2022 $7,693 $558,140 $279,070 $279,070
2021 $7,418 $547,198 $273,599 $273,599
2020 $7,418 $541,588 $270,794 $270,794
2019 $7,344 $530,970 $265,485 $265,485
2018 $6,820 $520,560 $260,280 $260,280
2017 $6,644 $510,354 $255,177 $255,177
2016 $6,568 $500,348 $250,174 $250,174
2015 $6,434 $492,834 $246,417 $246,417
2014 $6,288 $483,182 $241,591 $241,591
Source: Public Records

Agents Affiliated with this Home

  • Jose Gonzalez

    Seller's Agent in 2012

    Jose Gonzalez

    Matrixone Realty

    (888) 474-0615

    6 Total Sales

    Jose Gonzalez
    Section Image
  • Jesse Gutierrez

    Buyer's Agent in 2012

    Jesse Gutierrez

    Vision Real Estate

    (650) 670-7059

    22 Total Sales

    Jesse Gutierrez
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81225034

MLSListings

APN: 047-213-240

California San Mateo County Half Moon Bay 94019

521 The Alameda, Half Moon Bay, CA

This home is located at 521 The Alameda, Half Moon Bay, CA 94019 since 05 July 2012 and is currently estimated at $1,381,881, approximately $764 per square foot. This property was built in 1959. 521 The Alameda is a home located in San Mateo County with nearby schools including El Granada Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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