NOT LISTED FOR SALE

Estimated Value: $1,774,047

0.64 Acre
$2,767,624 Price per Acre
27,922 Sq Ft Lot

Last Sold October 18, 2013

Last sale price $900,000

Est. 97% increase in value since last sale

Current estimated payment $10,617/month

25 Days on Market

About This Lot

As of October 2013

Development Site consisting of 27,922 square foot lot with approx. 3,000 square foot free standing restaurant building. Restaurant/Beer & Wine Bar Included in sale. Same owner for over 20 years. Zoning is C-2, check with city of Pacifica - Planning Department. Name of business is Dallas' Place - Spankys.

Last Agent to Sell the Property

James Appenrodt

Laurel Realty & Investment License #00756055 Listed on: 06/21/2013

Last Buyer's Agent

James Appenrodt

Laurel Realty & Investment License #00756055 Listed on: 06/21/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,983

Property Details

Property Type

Land

Est. Annual Taxes

$13,983

Listing Details

  • Zoning: C2
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Commercial
  • Development Status: No Site Approval
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 7
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27922.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 27922.00
  • Lot Size Area Min Search: 27922.00
  • Maximum Lot Size: 27922.00
  • Parcel Access: Paved Road

Rental Info

  • Lease Amount: 1195000

Multi Family

  • Utilities: On Pole
  • Number Of Buildings: 1

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jan 2, 2014
Sold by
Affolter Dallas J
Bought by
Rajputana Hotels Llc
Seller's Agent
Jeff Appenrodt
Laurel Realty & Investment
Buyer's Agent
Jeff Appenrodt
Laurel Realty & Investment
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,774,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,047
Avg. Annual Appreciation
6.04%
Original Mortgage
$700,000
Outstanding Balance
$531,781
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Estimated Equity
$1,252,226

Purchase Details

Closed on
Mar 4, 2003
Sold by
Affolter Dallas J and Affolter Dorothy
Bought by
Affolter Dallas J and Affolter Dorothy L

Purchase Details

Closed on
Oct 21, 1993
Sold by
Thompson William E
Bought by
Affolter Dallas J and Affolter Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.09%
Mortgage Type
Commercial
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
Rajputana Hotels Llc $900,000 Fidelity National Title Co
Affolter Dallas J -- --
Affolter Dallas J $325,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajputana Hotels Llc $700,000
Previous Owner Affolter Dallas J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $900,000 -24.7% --
07/16/2013 07/16/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $1,195,000 -- --
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 $13,983 $1,103,267 $1,041,979 $61,288
2023 $13,983 $1,060,428 $1,001,519 $58,909
2022 $12,769 $1,039,636 $981,882 $57,754
2021 $12,645 $1,019,252 $962,630 $56,622
2020 $12,878 $1,008,802 $952,760 $56,042
2019 $12,605 $989,023 $934,079 $54,944
2018 $12,118 $969,631 $915,764 $53,867
2017 $11,751 $950,619 $897,808 $52,811
2016 $11,625 $931,980 $880,204 $51,776
2015 $11,170 $917,982 $866,983 $50,999
2014 $7,455 $450,606 $274,526 $176,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81322252

MLSListings

APN: 009-253-280