NOT LISTED FOR SALE

Estimated Value: $3,437,958 - $4,767,000

5 Beds
4 Baths
3,456 Sq Ft
$1,125/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $3,310,000 $958 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,863/month

10 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Hiking Trails
  • Montemalaga Elementary School Rated A+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of April 2024

One of the most sought after views on the Peninsula. This "atrium style" home enjoys expansive, panoramic views of the ocean, coastline and sparkling city lights from most rooms. The main floor has 4 bedrooms and 3 baths. The lower level lives like a separate 1 bedroom, 1 bath unit with a private living room. Yes, the inside needs updating, but what an amazing starting point!

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty Brokerage Phone: 310-493-7216 License #00967574 Listed on: 02/26/2024

Vista Sotheby's International Realty

Last Buyer's Agent

Hong Li

eXp Realty of California, Inc. License #01972900

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Tax Tract Number 10536
  • Assessor Parcel Number 7545006015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545006015
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3456.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 957.75
  • Room Type: Living Room

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 11719.00
  • Lot Size Acres: 0.2690
  • Latitude Manual: 33.79555100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11719.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 6703.26
  • Tax Lot: 15
  • Tax Tract Number: 10536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Mar 12, 2024
Sold by
Albert T Centofante Trust and Centofante Albert T
Bought by
Chen Jinbo and Cao Lan
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Hong Li
eXp Realty of California, Inc.
List Price
$3,200,000
Sold Price
$3,310,000
Premium/Discount to List
$110,000
3.44%
Views
65
Current Estimated Value
$3,887,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,740
Avg. Annual Appreciation
9.75%
Original Mortgage
$766,550
Outstanding Balance
$754,433
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$3,133,307

Purchase Details

Closed on
Jul 10, 2020
Sold by
Centofante James P
Bought by
Centofante Albert T
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
Chen Jinbo $3,310,000 Chicago Title Company
Centofante Albert T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jinbo $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $3,310,000 +3.4% $958 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $3,200,000 -- $926 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,917 $3,376,200 $2,605,284 $770,916
2024 $5,917 $346,964 $116,544 $230,420
2023 $5,752 $340,161 $114,259 $225,902
2022 $5,537 $333,492 $112,019 $221,473
2021 $5,547 $326,954 $109,823 $217,131
2020 $5,482 $323,602 $108,697 $214,905
2019 $5,365 $317,258 $106,566 $210,692
2018 $5,207 $311,038 $104,477 $206,561
2016 $4,900 $298,962 $100,421 $198,541
2015 $4,837 $294,472 $98,913 $195,559
2014 $4,773 $288,705 $96,976 $191,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24039365

California Regional Multiple Listing Service (CRMLS)

APN: 7545-006-015