NOT LISTED FOR SALE

1122 Madison Ave Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $3,012,000 - $4,110,036

8 Beds
6 Baths
5,350 Sq Ft
$629/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $2,650,000 $495 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $20,986/month

39 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Built-In Double Oven
  • Sequoia High School Rated A
  • Granite Countertops
  • Fireplace

About This Home

As of April 2019

Redwood City enjoys a thriving downtown with Fox Theatre, Box, Kaiser & Stanford Medical, CalTrain, library, gourmet restaurants & wine bars. Close to the Sand Hill Corridor, Stanford, San Francisco & Silicon Valley. location~walk to downtown, Fantastic investment opportunity in Redwood City! Rent one side & live in the other! Each unit is over 2600sf and offers 4 beds, 3 full baths, including a large master suite & 1BD/BA on main floor, living room with fireplace, formal dining rooms, gourmet kitchen with breakfast nooks, family room with fireplace & attached 2-car garages. The front unit offers a private courtyard & the rear unit has a large yard with extra parking & storage! New roof in 2013! Additional features include hardwood floors, updated baths, granite kitchens & more! Close to Red Morton Park & Community Center!

Last Agent to Sell the Property

Laura Bertolacci

Christie's International Real Estate Sereno License #00868180 Listed on: 01/28/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Laura Bertolacci

Christie's International Real Estate Sereno License #00868180 Listed on: 01/28/2019

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,109

Year Built

  • 1990

Lot Details

  • 9,749 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,350 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • Utility Expense $1
  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,109

Year Built

1990

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 29
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5350
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Island, Oven - Built-In, Oven - Double
  • Living Sq Ft: 5350
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2238
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9750.00

Rental Info

  • Gross Rent Multiplier: 2750000.00

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 1
  • Expenses Utility: 1
  • Income Annual Gross: 1.00
  • Income Gross Scheduled: 1
  • Income Other: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 29, 2019
Sold by
Kalb Charles F and Kalb Susan A
Bought by
Sullivan Robert J and Sullivan Juliane M
Seller's Agent
Laura Bertolacci
Christie's International Real Estate Sereno
Buyer's Agent
Laura Bertolacci
Christie's International Real Estate Sereno
List Price
$2,875,000
Sold Price
$2,650,000
Premium/Discount to List
-$225,000
-7.83%
Current Estimated Value
$3,367,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,009
Avg. Annual Appreciation
3.82%
Original Mortgage
$1,722,500
Outstanding Balance
$1,517,470
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,849,539

Purchase Details

Closed on
Sep 24, 2004
Sold by
Kalb Charles F and Kalb Susan A
Bought by
Kalb Charles F and Kalb Susan A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sullivan Robert J $2,650,000 Fidelity National Title Co
Kalb Charles F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Robert J $1,722,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $2,650,000 -3.6% $495 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $2,750,000 -4.3% $514 / Sq Ft
01/28/2019 01/28/19 For Sale $2,875,000 -- $537 / 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 $32,109 $2,956,120 $1,617,500 $1,338,620
2023 $32,109 $2,841,333 $1,554,692 $1,286,641
2022 $30,128 $2,785,621 $1,524,208 $1,261,413
2021 $29,835 $2,731,002 $1,494,322 $1,236,680
2020 $29,433 $2,703,000 $1,479,000 $1,224,000
2019 $11,330 $1,030,786 $515,393 $515,393
2018 $11,031 $1,010,576 $505,288 $505,288
2017 $10,909 $990,762 $495,381 $495,381
2016 $10,728 $971,336 $485,668 $485,668
2015 $10,325 $956,746 $478,373 $478,373
2014 $10,124 $938,006 $469,003 $469,003
Source: Public Records

Agents Affiliated with this Home

  • Laura Bertolacci

    Seller's Agent in 2019

    Laura Bertolacci

    Christie's International Real Estate Sereno

    (650) 575-3822

    10 in this area

    242 Total Sales

    Laura Bertolacci
    Section Image
  • Alana Corso

    Buyer Co-Listing Agent in 2019

    Alana Corso

    Christie's International Real Estate Sereno

    (650) 504-0270

    2 in this area

    75 Total Sales

    Alana Corso
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81736742

MLSListings

APN: 053-011-340

California San Mateo County Redwood City 94061 Roosevelt

1122 Madison Ave, Redwood City, CA

This home is located at 1122 Madison Ave, Redwood City, CA 94061 since 28 January 2019 and is currently estimated at $3,367,009, approximately $629 per square foot. This property was built in 1990. 1122 Madison Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Sequoia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes