NOT LISTED FOR SALE

102 Wayne Ct E Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,965,000 - $2,699,000

8 Beds
3 Baths
4,320 Sq Ft
$539/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $1,080,000 $250 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $14,292/month

20 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Level Lot
  • Sequoia High School Rated A
  • Baseboard Heating
  • Carpet

About This Home

As of May 2013

Pride of ownership property in good area, new paint outside, newer roofs, seismic upgrades and good tenants, all month to month. By appt or group showings Tuesday, 10am - 1pm. Top flr unit is 2-2 w/inside laundry, multiple decks, luxurious m/suite, new stove, long-term tenant. Other 2 are 3 bed, 1 bath spacious units + lg pvt garages + off-street pkg & fenced yard, easy to rent.

Last Agent to Sell the Property

Len Moore

Vilmont Investment Prop. License #00918100 Listed on: 04/04/2013

Last Buyer's Agent

Len Moore

Vilmont Investment Prop. License #00918100 Listed on: 04/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,638

Year Built

  • 1972

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Triplex
  • Mansard Roof Shape
  • Composition Roof
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $70,680
  • The owner pays for garbage, water

Community Details

Overview

  • 4,320 Sq Ft Building

Building Details

  • Insurance Expense $2,705
  • Maintenance Expense $5,257
  • Manager Expense $3,409
  • Other Expense $1,197
  • Trash Expense $1,075
  • Operating Expense $28,168
  • Gross Income $68,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,638

Year Built

1972

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Triplex
  • Age: 41
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 250.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 4320
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4320
  • Stories: 2
  • Laundry: Laundry Area - In All Units, In Garage
  • Flooring: Hardwood - Partial, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Foam, Mansard
  • Yard/Grounds: Sprinklers - Lawn, Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9576.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9576.00
  • Lot Size Area Min Search: 9576.00
  • Maximum Lot Size: 9576.00

Green Features

  • Energy Features: Insulation - Partial

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.93
  • Min Rent2 Bed1 Plus Bath Units: 1895
  • Min Rent3 Bed1 Bath: 1995

Multi Family

  • Expense Insurance: 2705
  • Expense Maintenance: 5257
  • Expense Management: 3409
  • Expenses Other: 1197
  • Expenses Total: 28168
  • Expense Trash: 1075
  • Expense Water Sewer: 1552
  • Income Annual Gross: 68560.00
  • Income Annual Rental: 70680
  • Income Gross Scheduled: 70680
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Maximum Rent3 Bed1 Bath: 2000
  • Maximum Size3 Bed1 Bath: 1060
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric
  • Vacancy Amount: 2120
  • Vacancy Factor: 3
  • Min Size2 Bed1 Plus Bath Units: 1150
  • Min Size3 Bed1 Bath: 1060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2013
Closed on
Apr 23, 2013
Sold by
Bonino Mark and Bonino Lori Browne
Bought by
Tsai Lin Wen
Seller's Agent
Len Moore
Vilmont Investment Prop.
Buyer's Agent
Len Moore
Vilmont Investment Prop.
List Price
$1,055,000
Sold Price
$1,080,000
Premium/Discount to List
$25,000
2.37%
Current Estimated Value
$2,326,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246,736
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Bonino Mark Glenn and Browne Bonino Lori
Bought by
Bonino Mark Glenn and Browne Bonino Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bonino Mark and Bonino Lori Browne
Bought by
Bonino Mark Glenn and Browne Bonino Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,700
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2006
Sold by
Umphrey Gail
Bought by
Bonino Mark and Bonino Lori Browne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,700
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Tsai Lin Wen $1,080,000 Old Republic Title Company
Bonino Mark Glenn -- Old Republic Title Company
Bonino Mark Glenn -- Old Republic Title Company
Bonino Mark Glenn -- None Available
Bonino Mark $1,110,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonino Mark Glenn $600,000
Previous Owner Bonino Mark $134,700
Previous Owner Bonino Mark $645,300
Previous Owner Umphrey Gail $550,000
Previous Owner Umphrey Gail $422,000
Previous Owner Umphrey Gail $25,000
Previous Owner Umphrey Gail $407,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $1,080,000 +2.4% $250 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $1,055,000 -- $244 / 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 $18,638 $1,329,937 $837,369 $492,568
2023 $18,638 $1,278,295 $804,853 $473,442
2022 $17,474 $1,253,231 $789,072 $464,159
2021 $17,267 $1,228,658 $773,600 $455,058
2020 $16,993 $1,216,060 $765,668 $450,392
2019 $16,803 $1,192,216 $750,655 $441,561
2018 $16,294 $1,168,840 $735,937 $432,903
2017 $15,992 $1,145,922 $721,507 $424,415
2016 $15,665 $1,123,454 $707,360 $416,094
2015 $15,022 $1,106,579 $696,735 $409,844
2014 $14,550 $1,084,903 $683,087 $401,816
Source: Public Records

Agents Affiliated with this Home

  • Len Moore

    Seller's Agent in 2013

    Len Moore

    Vilmont Investment Prop.

    (650) 444-1667

    1 in this area

    7 Total Sales

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Map

Source: MLSListings

MLS Number: ML81310728

MLSListings

APN: 055-222-510

California San Mateo County Redwood City 94063 Friendly Acres

102 Wayne Ct E, Redwood City, CA

This home is located at 102 Wayne Ct E, Redwood City, CA 94063 since 04 April 2013 and is currently estimated at $2,326,736, approximately $538 per square foot. This property was built in 1972. 102 Wayne Ct E is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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