NOT LISTED FOR SALE

1057 Jones Ct Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,490,000 - $1,697,917

4 Beds
2 Baths
2,270 Sq Ft
$692/Sq Ft Est. Value

Last Sold November 14, 2013

Last sale price $734,000 $323 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $9,364/month

35 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property
  • Sequoia High School Rated A

About This Home

As of November 2013

Great investment opportunity; nice quiet neighborhood in Redwood City, centrally located in mid-Peninsula. Desirable single-story side/side duplex separated by garages. Both units occupied. Hardwood floors in both units; new exterior paint; new landscape.

Last Agent to Sell the Property

Alipate Sanft

SC Properties License #01377523 Listed on: 08/30/2013

Last Buyer's Agent

Vera Hatem

Corcoran Icon Properties License #01437688

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,999

Year Built

  • 1961

Lot Details

  • Sprinkler System

Parking

  • Private Parking

Home Design

  • Duplex
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,270 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $41,880
  • The owner pays for services - gardener/landscaping
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,270 Sq Ft Building

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $970
  • Maintenance Expense $2,356
  • Manager Expense $3,000
  • Other Expense $1,200
  • Utility Expense $46
  • Operating Expense $16,406
  • Gross Income $41,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,999

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 52
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 323.35
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Dishwasher, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2270
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6150.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6150.00
  • Lot Size Area Min Search: 6150.00
  • Maximum Lot Size: 6150.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 17.90

Multi Family

  • Expense Insurance: 970
  • Expense Landscape: 1500
  • Expense Maintenance: 2356
  • Expense Management: 3000
  • Expenses Other: 1200
  • Expenses Total: 16406
  • Expenses Utility: 46
  • Income Annual Gross: 41880.00
  • Income Annual Rental: 41880
  • Income Gross Scheduled: 41880
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Accounting/Legal, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2017
Sold by
Bou Salman Fouad and Wahby Shreen
Bought by
Bou Salman Fouad
Current Estimated Value
$1,569,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2013
Closed on
Nov 7, 2013
Sold by
Cullinane Kevin B and Cullinane Lisa M
Bought by
Bou Salman Fouad
Seller's Agent
Alipate Sanft
SC Properties
Buyer's Agent
Vera Hatem
Corcoran Icon Properties
List Price
$749,500
Sold Price
$734,000
Premium/Discount to List
-$15,500
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$584,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2012
Sold by
Cullinane Kevin B and Cullinane Lisa M
Bought by
Cullinane Kevin B and Cullinane Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Jones Court Partners Lp
Bought by
Cullinane Kevin B and Cullinane Lisa M

Purchase Details

Closed on
May 18, 2009
Sold by
Cullinane Kevin and Cullinane Lisa
Bought by
Jones Court Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2008
Sold by
Cazzalli Guillermo R and Cazzalli Ingrid M
Bought by
Cullinane Kevin and Cullinane Lisa

Purchase Details

Closed on
Nov 8, 2005
Sold by
Cazzalli Guilliermo R and Cazali Roy R
Bought by
Cazzalli Guillermo R and Cazzalli Ingrid M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 11, 2004
Sold by
Estevez Ingrid
Bought by
Cazzalli Guillermo Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,900
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Niwergall Kurt R
Bought by
Cazzali Guillermo Rafael and Cazali Roy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,900
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2001
Sold by
Niwergall Kurt R
Bought by
Niwergall Kurt R
Source: Public Records

Range of Values:

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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
Bou Salman Fouad -- American Coast Title
Bou Salman Fouad $730,000 First American Title Company
Cullinane Kevin B -- North American Title Co Inc
Cullinane Kevin B $250,000 North American Title Co Inc
Jones Court Partners Lp $560,000 North American Title Company
Cullinane Kevin $521,000 None Available
Cazzalli Guillermo R -- Fidelity National Title
Cazzalli Guillermo Rafael -- Fidelity National Title
Cazzali Guillermo Rafael $730,000 Fidelity National Title
Niwergall Kurt R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bousalman Fouad $663,600
Closed Bousalman Fouad $180,000
Closed Bou Salman Fouad $715,000
Closed Bou Salman Fouad $640,500
Closed Bou Salman Fouad $576,000
Closed Bou Salman Fouad $584,000
Previous Owner Cullinane Kevin B $332,500
Previous Owner Jones Court Partners Lp $460,000
Previous Owner Cazzalli Guillermo R $132,000
Previous Owner Cazzalli Guillermo R $704,000
Previous Owner Cazzali Guillermo Rafael $583,900
Previous Owner Niwergall Kurt R $260,000
Closed Cazzali Guillermo Rafael $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $734,000 -2.1% $323 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $749,500 -- $330 / 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 $11,999 $894,868 $698,738 $196,130
2023 $11,999 $860,121 $671,606 $188,515
2022 $11,239 $843,257 $658,438 $184,819
2021 $11,090 $826,724 $645,528 $181,196
2020 $10,908 $818,248 $638,909 $179,339
2019 $10,815 $802,205 $626,382 $175,823
2018 $10,432 $786,476 $614,100 $172,376
2017 $9,998 $771,056 $602,059 $168,997
2016 $9,731 $755,938 $590,254 $165,684
2015 $9,355 $744,584 $581,388 $163,196
2014 $9,139 $730,000 $570,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alipate Sanft

    SC Properties

  • V

    Buyer's Agent in 2013

    Vera Hatem

    Corcoran Icon Properties

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Map

Source: MLSListings

MLS Number: ML81332176

MLSListings

APN: 055-033-450

California San Mateo County Redwood City 94063 Friendly Acres

1057 Jones Ct, Redwood City, CA

This home is located at 1057 Jones Ct, Redwood City, CA 94063 since 30 August 2013 and is currently estimated at $1,569,979, approximately $691 per square foot. This property was built in 1961. 1057 Jones Ct 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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