NOT LISTED FOR SALE

540 Terrace Ave Half Moon Bay, CA 94019

Estimated Value: $1,582,000 - $1,908,052

3 Beds
2 Baths
2,000 Sq Ft
$872/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $1,157,000 $578 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,592/month

6 Days on Market

Highlights

  • Hilly Lot
  • Great Room
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Wet Bar

About This Home

As of March 2018

A ranch style custom home built in the 60s with all the amenities of the era. Formal Entry lined with custom wooden flower boxes, spacious formal living room with gas fireplace and large picture window, 3 large bedrooms with hardwood floors, 2 full baths, eat-in kitchen with pine cabinetry and glass doors leading to an oversized landscaped backyard. Entertaining in this home is a delight with an oversized family room with wet bar and adjoining laundry room. The yard has it all! Built in barbeque, fountain, patio and lawn area. This home is situated on an oversized lot of 10,700 sf with enough space for RV or boat. It is also close Main Street, schools, shopping and access to HWY 92.

Last Agent to Sell the Property

Lynnette Giusti

Zephyr Real Estate License #00835996 Listed on: 02/08/2018

Zephyr Real Estate

Last Buyer's Agent

Tessa Mullins

Berkshire Hathaway Home Services California Realty License #01904410

Berkshire Hathaway Home Services California Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,507

Year Built

  • Built in 1961

Lot Details

  • 10,698 Sq Ft Lot
  • Fenced
  • Level Lot
  • Hilly Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Wall Furnace
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 056-061-190

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,507

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2000
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 2000
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry, Great Room, Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Room for Oversized Vehicle

Utilities

  • Heating System: Baseboard, Electric, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Schools

  • High School: 1035

Lot Info

  • Lot Description: Grade - Hilly, Grade - Level
  • Parcel Number: 056-061-190
  • Lot Acres: 0.2456
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10700.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified
  • High School Text: Half Moon Bay High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 7, 2018
Sold by
Wirkner Janet Katherine and Trust Of Virginia M Francis
Bought by
Lucas Samuel and Campi Stephanie
Seller's Agent
Lynnette Giusti
Zephyr Real Estate
Buyer's Agent
Tessa Mullins
Berkshire Hathaway Home Services California Realty
List Price
$1,150,000
Sold Price
$1,157,000
Premium/Discount to List
$7,000
0.61%
Current Estimated Value
$1,744,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,763
Avg. Annual Appreciation
5.54%
Original Mortgage
$679,000
Outstanding Balance
$579,627
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$1,165,136

Purchase Details

Closed on
Aug 18, 2016
Sold by
Francis Virginia Marie and Francis Virginia M
Bought by
Francis Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.52%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 8, 1994
Sold by
Francis Virginia Marie
Bought by
Francis Virginia M
Source: Public Records

Range of Values:

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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
Lucas Samuel $1,157,000 Lawyers Title Co
Francis Virginia M -- Fidelity National Title Co
Francis Virginia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Samuel $679,000
Previous Owner Francis Virginia M $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $1,157,000 +0.6% $579 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $1,150,000 -- $575 / 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 $17,507 $1,477,226 $608,736 $868,490
2023 $17,507 $1,419,866 $585,099 $834,767
2022 $16,512 $1,392,027 $573,627 $818,400
2021 $16,106 $1,364,734 $562,380 $802,354
2020 $15,997 $1,350,742 $556,614 $794,128
2019 $15,220 $1,251,180 $545,700 $705,480
2018 $13,061 $82,691 $12,898 $69,793
2017 $1,423 $81,071 $12,646 $68,425
2016 $1,399 $79,483 $12,399 $67,084
2015 $1,379 $78,290 $12,213 $66,077
2014 $1,356 $76,757 $11,974 $64,783
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lynnette Giusti

    Zephyr Real Estate

    Section Image

  • T

    Buyer's Agent in 2018

    Tessa Mullins

    Berkshire Hathaway Home Services California Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81691744

MLSListings

APN: 056-061-190

California San Mateo County Half Moon Bay 94019

540 Terrace Ave, Half Moon Bay, CA

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