NOT LISTED FOR SALE

Estimated Value: $3,454,000 - $4,314,483

4 Beds
6 Baths
4,042 Sq Ft
$952/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $2,745,000 $679 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $25,941/month

155 Days on Market

Highlights

  • Ocean View
  • Marble Flooring
  • Great Room
  • Cape Cod Architecture
  • Bonus Room
  • 2-minute walk to Palm Beach State Park

About This Home

As of September 2015

$300K Price Reduction! Massive rental income opportunity! Unparalleled luxury, modern functionality, & amazing elevated views that stretch from the edge of the Pacific Ocean to the lush farmlands of the Pajaro Valley. Picture windows w/ ocean, beach views fill the spacious living areas w/sunlight & warmth. Spanning three levels, the home boasts 5 bedrooms, 4 full bathrooms, & 2 designer-appointed half-bathrooms. Panoramic ocean front deck, media center, entertainment, & a spa overlooking the ocean!

Last Agent to Sell the Property

Ed Graziani

Christie's International Real Estate Sereno License #01081556 Listed on: 04/07/2015

Christie's International Real Estate Sereno

Co-Listed By

Rick White

Christie's International Real Estate Sereno License #01127780

Last Buyer's Agent

Lucy Wedemeyer

Christie's International Real Estate Sereno License #00640875

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,049

Year Built

  • Built in 1993

Lot Details

  • 6,490 Sq Ft Lot
  • Flag Lot
  • Lot Sloped Up
  • Zoning described as SU

Property Views

  • Ocean
  • Bay
  • Panoramic

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 4,042 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Great Room
  • Separate Family Room
  • Den
  • Bonus Room
  • Attic Fan
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Parking

  • 2 Parking Spaces
  • Covered Parking

Outdoor Features

  • Balcony
  • Built-In Barbecue
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Individual Gas Meter
  • Fiber Optics Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 052-301-03-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area gas
  • Pajaro Association
  • Built by Pajaro

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,049

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod, Contemporary
  • Property Condition: Built / Remodeled Green
  • Restrictions: Age - No Restrictions
  • Age: 22
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 150
  • Structure Sq Ft: 4042
  • Complex Name: Pajaro
  • Year Built: 1993
  • Zoning Description: SU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Dining Bar
  • Kitchen: 220 Volt Outlet, Built-in BBQ Grill, Cooktop - Gas, Countertop - Granite
  • Living Sq Ft: 4042
  • Security: Controlled / Secured Access
  • Laundry: Gas Hookup, Hookup - Washer/Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Great Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition
  • View: Bay, Ocean, Panoramic
  • Yard/Grounds: Balcony / Patio, BBQ Area
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Condo/Co-op/Association

  • HOA Fees: 125
  • Association Fees Include: Common Area Gas
  • H O A Name Text: Pajaro
  • H O A Exist: Yes

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Flag Lot, Grade - Sloped Up, Views
  • Parcel Number: 052-301-03-000
  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6490.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6490.00

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Sep 4, 2015
Sold by
The Mens Wearhouse Inc
Bought by
Richard & Jane Peattie Trust
Seller's Agent
Ed Graziani
Christie's International Real Estate Sereno
Buyer's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
List Price
$3,300,000
Sold Price
$2,745,000
Premium/Discount to List
-$555,000
-16.82%
Current Estimated Value
$4,163,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,418,793
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Jun 15, 1994
Sold by
Wilson Thomas J and Wilson Maryanne
Bought by
Zimmer George
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
Richard & Jane Peattie Trust $2,745,000 Fidelity National Title Co
Zimmer George $1,150,000 First American Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $2,745,000 -8.5% $679 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
06/16/2015 06/16/15 Price Changed $3,000,000 -9.1% $742 / Sq Ft
04/07/2015 04/07/15 For Sale $3,300,000 -- $816 / 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 $39,049 $3,249,525 $2,111,895 $1,137,630
2023 $35,527 $3,123,342 $2,029,888 $1,093,454
2022 $34,915 $3,062,100 $1,990,086 $1,072,014
2021 $34,529 $3,002,059 $1,951,065 $1,050,994
2020 $34,143 $2,971,276 $1,931,059 $1,040,217
2019 $33,413 $2,913,016 $1,893,195 $1,019,821
2018 $32,563 $2,855,898 $1,856,074 $999,824
2017 $32,137 $2,799,900 $1,819,680 $980,220
2016 $18,143 $1,487,287 $598,492 $888,795
2015 $18,071 $1,464,946 $589,502 $875,444
2014 $17,698 $1,436,249 $577,954 $858,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81458726

MLSListings

APN: 052-301-03-000