NOT LISTED FOR SALE

550 Terrace Ave Half Moon Bay, CA 94019

Estimated Value: $1,505,000 - $2,130,000

4 Beds
2.5 Baths
2,644 Sq Ft
$661/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $1,000,000 $378 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,095/month

95 Days on Market

Highlights

  • View of Hills
  • Ranch Style House
  • Hydromassage or Jetted Bathtub
  • Deck
  • Marble Flooring
  • High Ceiling

About This Home

As of November 2016

Live in a beautiful custom-built home about a half a mile from the beach, perfectly maintained and located in the highly desirable Highland Park area. This 2160 sf home boasts four bedrooms and two and a half updated baths, a large garage with built-in storage cabinets, a large and well-built storage shed/workshop and a very ample bonus room in the back. Behind the home is an open green area with pleasant views of nature. County records show that the house has 2160 sf but with the addition of the bonus room (permitted) of 484 sf (22' x 22'), the total is 2644 sf

Last Agent to Sell the Property

Robert Fernandez

Century 21 Sunset Properties License #01761676 Listed on: 06/24/2016

Century 21 Sunset Properties

Last Buyer's Agent

Robin Kirby

Compass License #01959005

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,324

Year Built

  • Built in 1976

Lot Details

  • 10,716 Sq Ft Lot
  • Property is Fully Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,644 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Clean Air Certified Fireplace
  • Great Room
  • Formal Dining Room
  • Views of Hills

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 056-061-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,324

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2644
  • Incorporated: Yes
  • Year Built: 1976
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Clean Air Certified, Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2644
  • Laundry: Dryer, Hookup - Electric, Gas Hookup, Hookup - Washer/Dryer, Washer
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Great Room, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Tile, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Hills
  • Yard/Grounds: Back Yard, BBQ Area, Deck, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Complete Perimeter
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street, Room for Oversized Vehicle

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet

Schools

  • High School: 1035

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 056-061-120
  • Lot Acres: 0.2460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10698.34
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10698.34

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified
  • Elementary School Text: Alvin S. Hatch Elementary
  • High School Text: Half Moon Bay High
  • Middle School Text: Manuel F. Cunha Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Wolfeld Warren S
Bought by
Li Qinke and Wolfeld Warren S
Current Estimated Value
$1,700,594

Purchase Details

Listed on
Jun 24, 2016
Closed on
Oct 26, 2016
Sold by
Bello Gerald W and Bello Emily
Bought by
Wolfeld Warren S
Seller's Agent
Robert Fernandez
Century 21 Sunset Properties
Buyer's Agent
Robin Kirby
Compass
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$800,000
Outstanding Balance
$643,474
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,103,318

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bello Gerald and Bello Emily
Bought by
Bello Gerald W and Bello Emily
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
Li Qinke -- None Available
Wolfeld Warren S -- None Available
Wolfeld Warren S $1,000,000 North American Title Co Inc
Bello Gerald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfeld Warren S $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $1,000,000 -4.8% $378 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/10/2016 08/10/16 Price Changed $1,050,000 -4.5% $397 / Sq Ft
06/24/2016 06/24/16 For Sale $1,100,000 -- $416 / 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 $14,324 $1,183,544 $812,407 $371,137
2023 $14,324 $1,137,588 $780,861 $356,727
2022 $13,468 $1,115,284 $765,550 $349,734
2021 $13,119 $1,093,417 $750,540 $342,877
2020 $12,777 $1,061,207 $742,845 $318,362
2019 $12,777 $1,040,400 $728,280 $312,120
2018 $12,056 $1,020,000 $714,000 $306,000
2017 $11,668 $1,000,000 $700,000 $300,000
2016 $1,772 $113,071 $12,387 $100,684
2015 $2,111 $111,373 $12,201 $99,172
2014 $2,146 $109,192 $11,962 $97,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Fernandez

    Century 21 Sunset Properties

    (650) 712-5805

    2 in this area

    4 Total Sales

    Robert Fernandez
    Section Image
  • Robin Kirby

    Buyer's Agent in 2016

    Robin Kirby

    Compass

    (925) 765-9896

    24 in this area

    47 Total Sales

    Robin Kirby
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81592345

MLSListings

APN: 056-061-120

California San Mateo County Half Moon Bay 94019

550 Terrace Ave, Half Moon Bay, CA

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