NOT LISTED FOR SALE

787 Kelmore St Moss Beach, CA 94038

Moss Beach Neighborhood

Estimated Value: $1,291,000 - $1,616,000

3 Beds
3 Baths
1,780 Sq Ft
$816/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $594,000 $334 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $8,896/month

25 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • 3-minute walk to Moss Beach Park
  • Forced Air Heating System
  • Carpet

About This Home

As of January 2013

2 Unit building in Moss Beach with ocean views large deck for entertaining 2 car garage. Upstairs unit is 2 bed 2 bath with 2 additional rooms and large open living space with sky light and conversation pit. Downstairs unit is 1 bed 1 bath.

Last Agent to Sell the Property

Lynnette Giusti

Compass License #00835996 Listed on: 11/08/2012

Last Buyer's Agent

Wayne Ho

Trust Real Estate License #01905918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,928

Year Built

  • 1976

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carpet
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $17,400

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,308
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,928

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: R100
  • Subclass: Duplex
  • Age: 37
  • Inspections Reports: Pest Control
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Dishwasher, Oven Range
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Common Parking Area, Off-Street Parking, Rv/Boat Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Cabrillo Unified
  • Middle School: Manuel F. Cunha Intermediate
  • Middle School: 654

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 34.43

Multi Family

  • Expenses Total: 5308
  • Income Annual Gross: 17400.00
  • Income Annual Rental: 17400
  • Income Gross Scheduled: 17400
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2016
Sold by
Lu Biao and Shen June Z
Bought by
Lu & Shen Trust
Current Estimated Value
$1,452,987

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 28, 2012
Sold by
Pang Linda A
Bought by
Lu Biao and Shen June Z
Seller's Agent
Lynnette Giusti
Compass
Buyer's Agent
Wayne Ho
Trust Real Estate
List Price
$599,000
Sold Price
$594,000
Premium/Discount to List
-$5,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$446,250
Outstanding Balance
$309,926
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,143,061

Purchase Details

Closed on
Mar 23, 2007
Sold by
Pang Linda A
Bought by
Pang Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 24, 2007
Sold by
Pang Linda A
Bought by
Pang Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 7, 1995
Sold by
Pang Dachling
Bought by
Pang Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
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
Lu & Shen Trust -- None Available
Lu Biao $595,000 First American Title Company
Pang Linda A -- None Available
Pang Linda A -- Stewart Title Of Sacramento
Pang Linda A -- Old Republic Title Company
Pang Linda A $291,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Biao $446,250
Previous Owner Pang Linda A $215,000
Previous Owner Pang Linda A $145,000
Previous Owner Pang Linda A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $594,000 -0.8% $334 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $599,000 -- $337 / 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 $11,928 $732,690 $366,345 $366,345
2023 $11,928 $704,240 $352,120 $352,120
2022 $11,546 $690,432 $345,216 $345,216
2021 $11,374 $676,896 $338,448 $338,448
2020 $10,897 $669,956 $334,978 $334,978
2019 $10,248 $656,820 $328,410 $328,410
2018 $9,414 $643,942 $321,971 $321,971
2017 $8,805 $631,316 $315,658 $315,658
2016 $8,716 $618,938 $309,469 $309,469
2015 $8,625 $609,642 $304,821 $304,821
2014 $8,923 $597,700 $298,850 $298,850
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lynnette Giusti

    Compass

  • W

    Buyer's Agent in 2013

    Wayne Ho

    Trust Real Estate

See All Agents

Map

Source: MLSListings

MLS Number: ML81240362

MLSListings

APN: 037-068-020

California San Mateo County Moss Beach 94038 Moss Beach

787 Kelmore St, Moss Beach, CA

This home is located at 787 Kelmore St, Moss Beach, CA 94038 since 08 November 2012 and is currently estimated at $1,452,987, approximately $816 per square foot. This property was built in 1976. 787 Kelmore St is a home located in San Mateo County with nearby schools including Farallone View Elementary School, Manuel F. Cunha Intermediate School, and Half Moon Bay High School.

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