NOT LISTED FOR SALE

551 Inverness Dr Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,188,000 - $1,464,000

4 Beds
2 Baths
1,220 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $1,400,000 $1,148 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,074/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Wine Refrigerator
  • Bathtub with Shower
  • Westmoor High School Rated A-
  • 1 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of May 2022

Absolutely darling Cape Cod Style Home in the heart of Pacifica is on the market and ready to be someone's dream home. This 4 bed 2 bath home is nestled in the hills right in the ideal Westview neighborhood and is simply minutes away from breathtaking views of the ocean & within proximity to the beach. The home is equipped with an updated kitchen featuring stainless steel appliances, sleek tile floor, & wine fridge! Two bedrooms are situated downstairs & the remaining two are right up the stairs. The garage also includes a bonus room in the back and is great for additional storage space as well. The backyard layout is perfect for those looking for a more spacious backyard and an overall flat landscape. You will be able to picture yourself building a garden, entertaining guests, or letting your pets roam. Take a quick drive to SF or visit the picturesque seaside on the weekends, both just mins away. Near HWY 1 & 280. Don't miss out on this amazing opportunity today.

Last Agent to Sell the Property

Disen Cai

KW Advisors License #70010134 Listed on: 03/31/2022

KW Advisors

Last Buyer's Agent

Tim Webster

Redfin License #02123582

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 5,001 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Tile Flooring
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Shed
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1220
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Dishwasher, Freezer, Microwave, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1220
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Garage
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 19, 2022
Sold by
Vides Irma C
Bought by
Venkataramani Lakshmi and Ramamurthy Kumar
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Tim Webster
Redfin
List Price
$998,000
Sold Price
$1,400,000
Premium/Discount to List
$402,000
40.28%
Current Estimated Value
$1,295,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,172
Avg. Annual Appreciation
-2.05%
Original Mortgage
$650,000
Outstanding Balance
$615,160
Interest Rate
5%
Estimated Equity
$680,668

Purchase Details

Closed on
Feb 17, 2021
Sold by
Vides Irma C and Vides Jacob
Bought by
Vides Irma C and Vides Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,929
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 20, 2017
Sold by
Gulingan James S and Gulingan Ma Rosita C
Bought by
Vides Irma C and Vides Jacob
Seller's Agent
Alexander Lam
Coldwell Banker Realty
Buyer's Agent
Maria Rojas
Avant Properties
List Price
$698,000
Sold Price
$788,000
Premium/Discount to List
$90,000
12.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$345,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1997
Sold by
Sebastian Jaime P and Sebastian W S
Bought by
Gulingan James S and Gulingan Ma Rosita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.58%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Venkataramani Lakshmi $1,400,000 First American Title
Vides Irma C -- Title365
Vides Irma C $788,000 Cornerstone Title Company
Gulingan James S $203,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkataramani Lakshmi $650,000
Previous Owner Vides Irma C $351,929
Previous Owner Vides Irma C $345,000
Previous Owner Gulingan James S $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2022 05/03/22 Sold $1,400,000 +40.3% $1,148 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $998,000 +26.6% $818 / Sq Ft
11/27/2017 11/27/17 Sold $788,000 +12.9% $646 / Sq Ft View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $698,000 -- $572 / 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 $16,375 $1,230,000 $733,500 $496,500
2023 $16,375 $1,120,000 $668,000 $452,000
2022 $10,524 $844,893 $536,100 $308,793
2021 $10,687 $828,328 $525,589 $302,739
2020 $10,858 $819,835 $520,200 $299,635
2019 $10,443 $803,760 $510,000 $293,760
2018 $9,907 $788,000 $500,000 $288,000
2017 $2,631 $279,272 $139,636 $139,636
2016 $3,883 $273,798 $136,899 $136,899
2015 $3,726 $269,686 $134,843 $134,843
2014 $3,657 $264,404 $132,202 $132,202
Source: Public Records

Agents Affiliated with this Home

  • Disen Cai

    Seller's Agent in 2022

    Disen Cai

    KW Advisors

    (650) 622-2156

    11 in this area

    331 Total Sales

    Disen Cai
    Section Image

  • T

    Buyer's Agent in 2022

    Tim Webster

    Redfin

    Section Image

  • A

    Seller's Agent in 2017

    Alexander Lam

    Coldwell Banker Realty

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Miriam Chirko

    Coldwell Banker Realty

    Section Image

  • M

    Buyer's Agent in 2017

    Maria Rojas

    Avant Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81884904

MLSListings

APN: 009-360-150

California San Mateo County Pacifica 94044 Fairmont

551 Inverness Dr, Pacifica, CA

Not Listed for Sale

Detached

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