NOT LISTED FOR SALE

1032 Adams St Redwood City, CA 94061

Roosevelt Neighborhood
-- Bed
1 Bath
4,084 Sq Ft
7,231 Sq Ft Lot

Last Sold November 20, 2013

Last sale price $725,000 $178 Per Sq Ft

Highlights

  • Wood Flooring
  • Skylights
  • Baseboard Heating
  • Sequoia High School Rated A
  • Guest Parking
  • Level Lot

About This Home

As of November 2013

Well Kept duplex with 8 extra one bedroom and studio units! No permits for the extra units

Last Agent to Sell the Property

Christina O'Brien

RE/MAX Gold License #01432703 Listed on: 08/26/2013

RE/MAX Gold

Last Buyer's Agent

Catherine Brown

Coldwell Banker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,755

Year Built

  • 1941

Lot Details

  • 7,231

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Guest Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $4,500
  • The owner pays for garbage, water

Community Details

Overview

  • 4,084 Sq Ft Building

Building Details

  • Gardener Expense $100
  • Insurance Expense $300
  • Maintenance Expense $375
  • Manager Expense $75
  • Other Expense $250
  • Trash Expense $200
  • Operating Expense $9,155
  • Gross Income $5,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,755

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: r3
  • Subclass: Duplex
  • Age: 72
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 177.52
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 4084
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4084
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op, In Garage
  • Flooring: Tile, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, Spaces Per Unit - <1

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7250.00
  • Lot Size Area Min Search: 7250.00
  • Maximum Lot Size: 7250.00

Green Features

  • Energy Features: Skylight, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 136.80

Multi Family

  • Expense Insurance: 300
  • Expense Landscape: 100
  • Expense Maintenance: 375
  • Expense Management: 75
  • Expenses Other: 250
  • Expenses Total: 9155
  • Expense Trash: 200
  • Expense Water Sewer: 675
  • Income Annual Gross: 5201.00
  • Income Annual Rental: 4500
  • Income Gross Scheduled: 5475
  • Income Includes: Lease
  • Income Laundry: 975
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Laundry
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 274
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Nov 19, 2013
Sold by
Church Mark M
Bought by
Church Mark M and Lai Jiang Tao
Seller's Agent
Christina O'Brien
RE/MAX Gold
Buyer's Agent
Catherine Brown
Coldwell Banker
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Purchase Details

Listed on
Aug 26, 2013
Closed on
Nov 13, 2013
Sold by
Gutierrez Bianca E and Mendoza Luis C
Bought by
Church Mark M
Seller's Agent
Christina O'Brien
RE/MAX Gold
Buyer's Agent
Catherine Brown
Coldwell Banker
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Mendoza Luis and Gutierrez Blanca E
Bought by
Gutierrez Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 1994
Sold by
Varga Zoltan and Varga Elizabeth
Bought by
Mendoza Luis and Gutierrez Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,811
Interest Rate
5.65%
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
Church Mark M -- Old Republic Title Company
Church Mark M -- Old Republic Title Company
Church Mark M $725,000 Old Republic Title Company
Gutierrez Blanca E -- Financial Title Company
Mendoza Luis $289,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Blanca E $879,200
Previous Owner Gutierrez Blanca E $220,000
Previous Owner Mendoza Luis C $120,000
Previous Owner Gutierrez Blanca E $500,000
Previous Owner Mendoza Luis $259,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $725,000 -9.3% $178 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $799,000 -- $196 / 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 $14,755 $1,348,439 $796,805 $551,634
2023 $14,755 $1,296,079 $765,865 $530,214
2022 $13,852 $1,270,667 $750,849 $519,818
2021 $13,718 $1,245,753 $736,127 $509,626
2020 $13,535 $1,232,980 $728,579 $504,401
2019 $13,485 $1,208,805 $714,294 $494,511
2018 $13,113 $1,185,104 $700,289 $484,815
2017 $12,971 $1,161,867 $686,558 $475,309
2016 $12,765 $1,139,087 $673,097 $465,990
2015 $12,288 $1,121,978 $662,987 $458,991
2014 $16,394 $1,500,000 $725,000 $775,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Christina O'Brien

    RE/MAX Gold

    Section Image

  • C

    Buyer's Agent in 2013

    Catherine Brown

    Coldwell Banker

  • M

    Buyer's Agent in 2013

    Mirna Gonzales

    Green Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81331572

MLSListings

APN: 053-092-120

California San Mateo County Redwood City 94061 Roosevelt

1032 Adams St, Redwood City, CA

This home is located at 1032 Adams St, Redwood City, CA 94061 since 26 August 2013. This property was built in 1941. 1032 Adams St is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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