NOT LISTED FOR SALE

701 Upper Terrace Ave Half Moon Bay, CA 94019

Estimated Value: $2,966,000 - $3,320,002

5 Beds
4.5 Baths
4,224 Sq Ft
$739/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $2,810,777 $665 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $19,220/month

37 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 3 Car Attached Garage
  • 2 Fireplaces
  • Open to Family Room
  • Solar owned by a third party

About This Home

As of November 2021

Built in 2018, this "next to new" Pacific Ridge home features many of the amenities you have been searching for. The neighborhood is very close to downtown Half Moon Bay, the beaches and trails and offers endless opportunity for your active family. The kitchen features a huge center island and Thermador stainless appliances, both casual and formal living and dining rooms, hardwood floors, 2 en-suite bedrooms on the main floor plus a half bath. Upstairs you will find a huge primary suite with a large and luxurious bathroom, a private patio off the bedroom where you can watch the sun and moon rise, 2 more bedrooms, another bathroom, a large laundry room and a den. The home features dual zone heating and air-conditioning systems, solar panels with a backup battery in the garage and "charge point" car charger mounted on the wall. The oversized lot is professionally landscaped and the back is fully fenced. Less then 30 minutes to Silicon Valley, SFO and San Francisco, an ideal location !

Last Agent to Sell the Property

David Oliphant

Ocean Element Real Estate License #01949984 Listed on: 09/14/2021

Last Buyer's Agent

Karina Ballantyne

Ocean Element Real Estate License #02102603

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 0.29 Acre Lot
  • Northwest Facing Home

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • Solar owned by a third party
  • Forced Air Zoned Cooling and Heating System

Community Details

  • Association fees include maintenance - road
  • The Hesling Group / Park Ridge Association

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4224
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area In Family Room, Dining Bar, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4224
  • Stories: 2
  • Laundry: In Utility Room, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Property Faces: Northwest

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Pacific Ridge
  • HOA Fees: 139
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: The Hesling Group / Park Ridge

Lot Info

  • Lot Acres: 0.2935
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12783.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12783.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 18, 2021
Sold by
Ladao Gabriel G and Ladao Alejandra V
Bought by
Goldsmith Micah and Nuyen Michelle
Seller's Agent
David Oliphant
Ocean Element Real Estate
Buyer's Agent
Karina Ballantyne
Ocean Element Real Estate
List Price
$2,877,700
Sold Price
$2,810,777
Premium/Discount to List
-$66,923
-2.33%
Current Estimated Value
$3,122,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,724
Avg. Annual Appreciation
2.55%
Original Mortgage
$1,000,000
Outstanding Balance
$916,327
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$2,206,174

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 20, 2019
Sold by
Half Moon Bay Edenbridge Lp
Bought by
Ladao Gabriel G and Ladao Alejandra V
Seller's Agent
Kim Abelite
Glenmere Properties Inc
Buyer's Agent
Virginia Supnet
Compass
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Original Mortgage
$1,400,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Ailanto Properties Inc
Bought by
Half Moon Bay Edenbridge Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 21, 2016
Sold by
Dal Properties Llc
Bought by
Ailanto Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldsmith Micah $2,701,000 Lawyers Title Company
Ladao Gabriel G $1,900,000 Old Republic Title Co
Half Moon Bay Edenbridge Lp $9,500,000 None Available
Ailanto Properties Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldsmith Micah $1,000,000
Previous Owner Ladao Gabriel G $1,400,000
Previous Owner Half Moon Bay Edenbridge Lp $6,650,000
Previous Owner Ailanto Properties Inc $12,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Sold $2,810,777 -2.3% $665 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $2,877,700 +2.4% $681 / Sq Ft
10/09/2021 10/09/21 Off Market $2,810,777 -- --
10/06/2021 10/06/21 Price Changed $2,877,700 -3.4% $681 / Sq Ft
09/14/2021 09/14/21 For Sale $2,977,700 +56.7% $705 / Sq Ft
02/25/2019 02/25/19 Sold $1,900,000 -2.6% $450 / Sq Ft View Prior Sale
02/06/2019 02/06/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $1,950,000 0.0% $462 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $1,950,000 -- $462 / Sq Ft
Source: MLSListings

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 $34,011 $2,982,817 $1,178,764 $1,804,053
2023 $34,011 $2,866,992 $1,132,992 $1,734,000
2022 $32,307 $2,810,777 $1,110,777 $1,700,000
2021 $22,813 $1,958,077 $772,925 $1,185,152
2020 $22,701 $1,938,000 $765,000 $1,173,000
2019 $24,533 $2,064,582 $473,382 $1,591,200
2018 $13,097 $1,134,100 $464,100 $670,000
2017 $5,715 $455,000 $455,000 $0
2016 $224 $5,121 $5,121 $0
2015 $222 $5,045 $5,045 $0
2014 $221 $4,947 $4,947 $0
Source: Public Records

Agents Affiliated with this Home

  • David Oliphant

    Seller's Agent in 2021

    David Oliphant

    Ocean Element Real Estate

    (650) 479-1102

    41 in this area

    95 Total Sales

    David Oliphant
    Section Image

  • K

    Buyer's Agent in 2021

    Karina Ballantyne

    Ocean Element Real Estate

    Section Image

  • K

    Seller's Agent in 2019

    Kim Abelite

    Glenmere Properties Inc

  • V

    Buyer's Agent in 2019

    Virginia Supnet

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81862655

MLSListings

APN: 056-560-150

California San Mateo County Half Moon Bay 94019

701 Upper Terrace Ave, Half Moon Bay, CA

Not Listed for Sale

Detached

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