NOT LISTED FOR SALE

78 Patrick Way Half Moon Bay, CA 94019

Estimated Value: $1,065,000 - $1,121,000

3 Beds
2.5 Baths
1,580 Sq Ft
$689/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $1,260,000 $797 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,859/month

11 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Washer and Dryer
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • 2-minute walk to John L Carter Memorial Park

About This Home

As of May 2022

Fabulous townhome in coveted Cypress Cove downtown neighborhood. The living room with its cathedral ceilings, tall windows, & cozy fireplace is the perfect space to relax at the end of the day and opens to the dining area with sliding doors to your private patio. The kitchen finishes out the main level offering plenty of cabinets, counter space, and a Breakfast Nook. The spacious main bedroom with two walk-in closets and an ensuite is on the second level of the home along with a half bath. The top level of the home features two guest bedrooms, a bathroom & laundry closet. There is an attached large two-car garage with ample storage space. Cypress Cove has a community picnic, spa & BBQ area and guest parking. Conveniently located next to downtown Half Moon Bay restaurants and shopping. This home has very easy access to highway 92 for your commuting needs. Live the coastal lifestyle in this lovely home close to local pristine beaches and our wonderful coastal trail.

Last Agent to Sell the Property

Glen Mitchell Group

KW Advisors License #70010113 Listed on: 04/07/2022

Last Buyer's Agent

Kortney Eichenberger

Compass License #01976800

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1994

Lot Details

  • 1,185

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • 1,185 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, maintenance - common area
  • Cypress Cove Townhomes Association

Townhouse Details

Home Type

Townhome

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Zoning: PUD000
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1580
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1994

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1580
  • Stories: 2
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 575
  • Association Fees Include: Landscaping / Gardening, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Cypress Cove Townhomes Association

Lot Info

  • Lot Acres: 0.0272
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1187.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1187.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2014
Sold by
Winnen Robert L and Winnen Holly G
Bought by
Banks Leonard John and Mahaffy Banks Diane Louise
Current Estimated Value
$1,089,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Outstanding Balance
$489,717
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$599,616

Purchase Details

Closed on
Nov 8, 2007
Sold by
Alifano Mark and Alifano Shelly
Bought by
Winnen Robert L and Winnen Holly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Alifano Mark and Alifano Shelly
Bought by
Alifano Mark and Alifano Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 18, 2004
Sold by
Godin Paul
Bought by
Alifano Mark and Gaines Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2000
Sold by
Downing Ronald J & B J Trs
Bought by
Godin Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.62%

Purchase Details

Closed on
Mar 26, 1998
Sold by
Downing Ronald J and Weinandy Barbara J
Bought by
Downing Ronald J and Downing Barbara J

Purchase Details

Closed on
Nov 10, 1997
Sold by
Downing Ronald J and Weinandy Barbara J
Bought by
Downing Ronald J and Downing Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.23%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Calprop Corp
Bought by
Downing Ronald J and Weinandy Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
8.57%
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
Banks Leonard John $695,000 North American Title Co Inc
Winnen Robert L $752,000 North American Title Co
Alifano Mark -- Commonwealth Land Title Ins
Alifano Mark $620,000 Fidelity National Title Co
Godin Paul $420,000 North American Title Co
Downing Ronald J -- --
Downing Ronald J -- Commonwealth Land Title Co
Downing Ronald J $272,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Leonard John $636,446
Previous Owner Winnen Robert L $601,600
Previous Owner Alifano Mark $36,000
Previous Owner Alifano Mark $620,000
Previous Owner Alifano Mark $496,000
Previous Owner Godin Paul $336,000
Previous Owner Downing Ronald J $259,000
Previous Owner Downing Ronald J $244,800
Closed Downing Ronald J $25,000
Closed Godin Paul $42,000
Closed Alifano Mark $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $1,260,000 +5.0% $797 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $1,200,000 -- $759 / 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 $14,022 $1,250,000 $625,000 $625,000
2023 $14,022 $1,126,000 $563,000 $563,000
2022 $9,936 $787,102 $393,551 $393,551
2021 $9,654 $771,670 $385,835 $385,835
2020 $9,546 $763,758 $381,879 $381,879
2019 $9,321 $748,784 $374,392 $374,392
2018 $8,751 $734,102 $367,051 $367,051
2017 $8,666 $719,708 $359,854 $359,854
2016 $8,564 $705,598 $352,799 $352,799
2015 $8,543 $695,000 $347,500 $347,500
2014 $8,212 $680,000 $340,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81885919

MLSListings

APN: 056-481-070