NOT LISTED FOR SALE

Estimated Value: $2,464,213 - $2,627,000

4 Beds
3 Baths
2,150 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $1,630,000 $758 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $15,077/month

9 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Craftsman Architecture
  • Sequoia High School Rated A
  • Skyline View
  • Deck

About This Home

As of May 2016

Rare opportunity to own in a coveted Palomar Park location. Set on just over a quarter-acre lot, this 4 bedroom, 3 bathroom home boasts floor-to-ceiling windows that frame a lush greenbelt view. Vaulted ceilings, hardwood flooring throughout the main level, and a spacious kitchen are just a few highlights. Expansive decking and an outdoor kitchen area make it the ideal space for hosting your next dinner party. The finished basement has been converted to a legal rental unit, so there is an income producing opportunity or simply a fantastic guest apartment. Just minutes to downtown Redwood City, the 280, and miles of trails and state parks, this home is situated in an ideal location to explore the best that the Bay Area has to offer.

Last Agent to Sell the Property

Vanetta Wiseman

Compass License #01950758 Listed on: 04/04/2016

Compass

Last Buyer's Agent

Ling Lau

Compass License #01177889

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,996

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Grass Covered Lot
  • Zoning described as R10010

Property Views

  • Skyline
  • Forest
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • 1 Fireplace
  • Wine Cellar
  • Combination Dining and Living Room
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Electric Gate
  • Guest Parking

Outdoor Features

  • Deck
  • Shed
  • Barbecue Area

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Septic Tank

Community Details

  • Built by Palomar Park
  • Planned Social Activities

Listing and Financial Details

  • Assessor Parcel Number 051-032-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,996

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 300
  • Structure Sq Ft: 2150
  • Complex Name: Palomar Park
  • Year Built: 1961
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Yes
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Tile, Dishwasher, Freezer, Hood Over Range, Microwave, Oven - Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 2150
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Finished, Guest House, In-Law Unit, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Skylight, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Forest / Woods, Greenbelt
  • Yard/Grounds: BBQ Area, Deck, Low Maintenance, Storage Shed / Structure
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Electric Gate, Guest / Visitor Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Amenities: Organized Activities

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Lot Info

  • Lot Description: Views
  • Parcel Number: 051-032-120
  • Lot Acres: 0.2510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10950.98
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10950.98

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Clifford Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Jarvis Jamie Sue
Bought by
Jarvis Jamie Sue and Jamie Sue Jarvis Revocable Tru
Current Estimated Value
$2,533,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,000
Outstanding Balance
$617,279
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,916,274

Purchase Details

Closed on
Mar 14, 2020
Sold by
Jarvis Jamie
Bought by
Jarvis Jamie Sue and Jamie Sue Jarvis Revocable Tru

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 29, 2016
Sold by
Brown Maria C and Mcdonald Derek T
Bought by
Jarvis Jamie
Seller's Agent
Vanetta Wiseman
Compass
Buyer's Agent
Ling Lau
Compass
List Price
$1,380,000
Sold Price
$1,630,000
Premium/Discount to List
$250,000
18.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$970,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2013
Sold by
Mcdonald V Gene and Mcdonald Carol Dubin
Bought by
Mcdonald V Gene and Mcdonald Carol Dubin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2009
Sold by
Mcdonald V Gene and Mcdonald Carol Dubin
Bought by
Mcdonald V Gene and Mcdonald Carol Dubin

Purchase Details

Closed on
Nov 2, 1993
Sold by
Mcdonald V Gene
Bought by
Mcdonald V Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.97%
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
Jarvis Jamie Sue -- Chicago Title Company
Jarvis Jamie Sue -- Chicago Title Company
Jarvis Jamie Sue -- None Available
Jarvis Jamie $1,630,000 Old Republic Title Company
Mcdonald V Gene -- First American Title Company
Mcdonald V Gene -- First American Title Company
Mcdonald V Gene -- None Available
Mcdonald V Gene -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarvis Jamie Sue $813,000
Closed Jarvis Jamie $970,000
Previous Owner Mcdonald V Gene $75,000
Previous Owner Mcdonald V Gene $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $1,630,000 +18.1% $758 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $1,380,000 -- $642 / 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 $20,996 $1,929,583 $1,432,392 $497,191
2023 $20,996 $1,854,657 $1,376,771 $477,886
2022 $19,703 $1,818,292 $1,349,776 $468,516
2021 $19,511 $1,782,640 $1,323,310 $459,330
2020 $19,249 $1,764,363 $1,309,742 $454,621
2019 $19,178 $1,729,768 $1,284,061 $445,707
2018 $18,676 $1,695,852 $1,258,884 $436,968
2017 $18,473 $1,662,600 $1,234,200 $428,400
2016 $7,460 $670,706 $335,353 $335,353
2015 $7,181 $660,632 $330,316 $330,316
2014 $7,043 $647,692 $323,846 $323,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81578360

MLSListings

APN: 051-032-120