NOT LISTED FOR SALE

713 Monte Vista Ln Half Moon Bay, CA 94019

Estimated Value: $1,394,011 - $2,508,000

8 Beds
4 Baths
4,189 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $770,000 $184 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $11,207/month

118 Days on Market

About This Home

As of September 2014

Unique Opportunity! 17,000 square foot lot with 19th century building with 4 units. Zoned R-1 w/ legal non-conforming units. Sale includes plans for new 3,739 square foot home (approved in 2009, will need new approval). Existing structure needs a lot of work. In area of High End quality homes.

Last Agent to Sell the Property

Diana Plank

Coldwell Banker Realty License #07000433 Listed on: 05/16/2014

Coldwell Banker Realty

Last Buyer's Agent

Tom Salet

Compass License #01217786

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,700

Year Built

  • 1880

Lot Details

  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,189 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $4,775

Community Details

Overview

  • 4 Units
  • 4,189 Sq Ft Building

Building Details

  • Operating Expense $12,938
  • Gross Income $4,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,700

Year Built

1880

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Fourplex
  • Age: 134
  • Inspections Reports: Fault Zone
  • Sale Price Per Sq Ft: 183.81
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4189
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Living Sq Ft: 4189
  • Stories: 2
  • Laundry: Laundry - No

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Gas - Natural
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Cabrillo Unified
  • High School: Half Moon Bay High
  • High School: 1035

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 17000.00
  • Lot Size Area Min Search: 17000.00
  • Maximum Lot Size: 17000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 169.63

Multi Family

  • Expenses Total: 12938
  • Income Annual Gross: 4775.00
  • Income Annual Rental: 4775
  • Income Gross Scheduled: 4775
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Sep 30, 2014
Sold by
Bennett Nic and Song Selin
Bought by
Bennett 2013 Nicholas Grant and Song Selin
Seller's Agent
Diana Plank
Coldwell Banker Realty
Buyer's Agent
Tom Salet
Compass
List Price
$875,000
Sold Price
$770,000
Premium/Discount to List
-$105,000
-12%
Current Estimated Value
$1,858,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,004
Avg. Annual Appreciation
8.26%
Original Mortgage
$750,000
Outstanding Balance
$576,638
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,266,275

Purchase Details

Listed on
May 16, 2014
Closed on
Sep 19, 2014
Sold by
Turner Nancy A
Bought by
Bennett Nic and Song Selin
Seller's Agent
Diana Plank
Coldwell Banker Realty
Buyer's Agent
Tom Salet
Compass
List Price
$875,000
Sold Price
$770,000
Premium/Discount to List
-$105,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$576,638
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,266,275

Purchase Details

Closed on
Jul 19, 2006
Sold by
Turner Bruce C
Bought by
Turner Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,300
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2006
Sold by
Boostani Arash
Bought by
Turner Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,300
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 24, 2006
Sold by
Mendes Anthony J and Mendes Sheri A
Bought by
Boostani Arash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,250
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2005
Sold by
Stariha Andrea
Bought by
Boostani Arash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,250
Interest Rate
6.16%
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
Bennett 2013 Nicholas Grant -- None Available
Bennett Nic $770,000 Fidelity National Title Co
Turner Nancy A -- Old Republic Title Company
Turner Nancy A $819,000 Old Republic Title Company
Boostani Arash $819,000 Old Republic Title Company
Boostani Arash -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Nic $750,000
Previous Owner Turner Nancy A $573,300
Previous Owner Boostani Arash $614,250
Previous Owner Boostani Arash $614,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $770,000 -12.0% $184 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $875,000 -- $209 / 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 $15,700 $925,414 $462,707 $462,707
2023 $15,700 $889,482 $444,741 $444,741
2022 $14,088 $872,042 $436,021 $436,021
2021 $13,429 $854,944 $427,472 $427,472
2020 $12,997 $846,178 $423,089 $423,089
2019 $12,410 $829,588 $414,794 $414,794
2018 $11,510 $813,322 $406,661 $406,661
2017 $11,181 $797,376 $398,688 $398,688
2016 $11,069 $781,742 $390,871 $390,871
2015 $10,860 $770,000 $385,000 $385,000
2014 $13,838 $895,108 $447,554 $447,554
Source: Public Records

Agents Affiliated with this Home

  • Diana Plank

    Seller's Agent in 2014

    Diana Plank

    Coldwell Banker Realty

    (650) 728-8080

    8 in this area

    22 Total Sales

    Diana Plank
    Section Image
  • Tom Salet

    Buyer's Agent in 2014

    Tom Salet

    Compass

    (650) 245-6326

    7 in this area

    19 Total Sales

    Tom Salet
    Section Image
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Map

Source: MLSListings

MLS Number: ML81417225

MLSListings

APN: 056-200-520

California San Mateo County Half Moon Bay 94019

713 Monte Vista Ln, Half Moon Bay, CA

This home is located at 713 Monte Vista Ln, Half Moon Bay, CA 94019 since 16 May 2014 and is currently estimated at $1,858,004, approximately $443 per square foot. This property was built in 1880. 713 Monte Vista Ln is a home located in San Mateo County with nearby schools including Alvin S. Hatch Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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