NOT LISTED FOR SALE

1116 Ruby St Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $1,484,000 - $2,086,550

3 Beds
2 Baths
1,935 Sq Ft
$891/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $660,000 $341 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $9,781/month

4 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Carpet
  • Woodside High School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of April 2013

Great Investment Opportunity!!!! Owner pays water and garbage, month to month leases. Wonderful central location. Needs TLC.....

Last Agent to Sell the Property

Jean Rigg

Menlo Realty License #00481470 Listed on: 03/07/2013

Last Buyer's Agent

Sandy Rostad

Coldwell Banker Realty License #01272932

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,920

Year Built

  • 1941

Lot Details

  • 6,011

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $33,000
  • The owner pays for garbage, water

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,469
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,920

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Inspections Reports: Geological/Flood
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Insulation - Per Owner

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.70

Multi Family

  • Expenses Total: 2469
  • Income Annual Gross: 33000.00
  • Income Annual Rental: 33000
  • Income Gross Scheduled: 33000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Gas, Utilities - Heating, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 19, 2013
Sold by
Blau Steven D and Blau Stephanie D
Bought by
Blau Steven D and Blau Stephanie D
Seller's Agent
Jean Rigg
Menlo Realty
Buyer's Agent
Sandy Rostad
Coldwell Banker Realty
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Current Estimated Value
$1,723,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,063,388
Avg. Annual Appreciation
7.93%
Original Mortgage
$325,000
Outstanding Balance
$230,132
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,493,256

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 1, 2013
Sold by
Engelhart Paul
Bought by
Blau Steven D and Blau Stephanie D
Seller's Agent
Jean Rigg
Menlo Realty
Buyer's Agent
Sandy Rostad
Coldwell Banker Realty
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$230,132
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,493,256
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
Blau Steven D -- None Available
Blau Steven D $660,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blau Steven D $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $660,000 +1.5% $341 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $650,000 -- $336 / 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 $8,920 $812,730 $591,079 $221,651
2023 $8,920 $781,173 $568,128 $213,045
2022 $8,375 $765,857 $556,989 $208,868
2021 $8,295 $750,841 $546,068 $204,773
2020 $8,184 $743,143 $540,469 $202,674
2019 $8,154 $728,572 $529,872 $198,700
2018 $7,942 $714,287 $519,483 $194,804
2017 $7,857 $700,283 $509,298 $190,985
2016 $7,720 $686,553 $499,312 $187,241
2015 $7,433 $676,241 $491,812 $184,429
2014 $7,292 $662,996 $482,179 $180,817
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jean Rigg

    Menlo Realty

  • Sandy Rostad

    Buyer's Agent in 2013

    Sandy Rostad

    Coldwell Banker Realty

    (650) 596-5416

    1 in this area

    27 Total Sales

    Sandy Rostad
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Map

Source: MLSListings

MLS Number: ML81307085

MLSListings

APN: 058-204-060

California San Mateo County Redwood City 94061 Roosevelt

1116 Ruby St, Redwood City, CA

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