NOT LISTED FOR SALE

115 Oakwood Dr Redwood City, CA 94061

Redwood Oaks Neighborhood

Estimated Value: $2,167,000 - $3,210,000

5 Beds
4 Baths
4,151 Sq Ft
$619/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $875,000 $211 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $15,001/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Woodside High School Rated A
  • Skylights
  • Level Lot

About This Home

As of June 2012

SPACIOUS DUPLEX IN CONVENIENT LOCATION. BACK UNIT COULD BE OWNER'S UNIT 3BR/2BA/1CAR GAR + FAMILY ROOM. LIVING/DINING ROOM COMBINATION W/WALL T0 WALL CARPET. LARGE FAMILY-KITCHEN AREA W/WOOD BURNING FRPCL & ACCESS TO PRVT REAR YARD W/DECK & PATIO AREAS. FRONT UNIT 2BR/2BA/1CAR GAR + DEN OR POSS 3RD BR. HDWD FLOORS THRU-OUT, LIVING/DINING RM COMBINATION W/WOOD BURNING FRPCL. INSIDE LAUNDRY AREA.

Last Agent to Sell the Property

Maxine Dumas

Dumas & Company License #00607114 Listed on: 05/11/2012

Last Buyer's Agent

Bernadette Casey-Durazzo

Coldwell Banker Realty License #01100637

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,211

Year Built

  • 1950

Lot Details

  • 9,365

Home Design

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

Interior Spaces

  • 4,151 Sq Ft Home
  • Skylights
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $54,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 4,151 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,179
  • Other Expense $200
  • Operating Expense $8,675
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,211

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 62
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 210.79
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 4151
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range
  • Living Sq Ft: 4151
  • Laundry: 220 Volt Outlet, In Garage, In Some Units
  • Flooring: Tile, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Off-Street Parking, Spaces Per Unit - 1

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Sequoia Union High
  • Elementary School: Selby Lane Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 673

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9600.00
  • Lot Size Area Min Search: 9600.00
  • Maximum Lot Size: 9600.00

Green Features

  • Energy Features: Skylight, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.81

Multi Family

  • Expense Insurance: 1179
  • Expense Landscape: 1200
  • Expenses Other: 200
  • Expenses Total: 8675
  • Income Annual Gross: 54000.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2018
Sold by
Hong Jane
Bought by
Hiong Jane K and The Jane K Hong Living Trust
Current Estimated Value
$2,571,242

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 8, 2012
Sold by
Martin Gary E and Martin Barbara
Bought by
Hong Jane
Seller's Agent
Maxine Dumas
Dumas & Company
Buyer's Agent
Bernadette Casey-Durazzo
Coldwell Banker Realty
List Price
$799,950
Sold Price
$875,000
Premium/Discount to List
$75,050
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$656,250
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2006
Sold by
Martin Gary E
Bought by
Martin Gary E and Martin Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2006
Sold by
Martin Terrance A
Bought by
Martin Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Martin Barbara
Bought by
Martin Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2001
Sold by
Martin Sandra H
Bought by
Martin Terrance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
7.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hiong Jane K -- None Available
Hong Jane $875,000 First American Title Company
Martin Gary E -- First American Title Co
Martin Gary E $303,000 First American Title Co
Martin Gary E -- North American Title Co
Martin Terrance A -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Jane $648,500
Closed Hong Jane $708,000
Closed Hong Jane $656,250
Previous Owner Martin Gary E $464,000
Previous Owner Martin Gary E $506,250
Previous Owner Martin Terrance A $506,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2012 06/14/12 Sold $875,000 +9.4% $211 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $799,950 -- $193 / 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 $12,211 $1,116,882 $549,518 $567,364
2023 $12,211 $1,073,516 $528,181 $545,335
2022 $11,462 $1,052,468 $517,825 $534,643
2021 $11,351 $1,031,833 $507,672 $524,161
2020 $11,199 $1,021,254 $502,467 $518,787
2019 $11,158 $1,001,230 $492,615 $508,615
2018 $10,696 $965,912 $482,956 $482,956
2017 $10,580 $946,974 $473,487 $473,487
2016 $10,406 $928,406 $464,203 $464,203
2015 $10,018 $914,462 $457,231 $457,231
2014 $9,826 $896,550 $448,275 $448,275
Source: Public Records

Agents Affiliated with this Home

  • Maxine Dumas

    Seller's Agent in 2012

    Maxine Dumas

    Dumas & Company

    (650) 619-2770

    2 in this area

    70 Total Sales

    Maxine Dumas
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Map

Source: MLSListings

MLS Number: ML81217807

MLSListings

APN: 059-134-080

California San Mateo County Redwood City 94061 Redwood Oaks

115 Oakwood Dr, Redwood City, CA

This home is located at 115 Oakwood Dr, Redwood City, CA 94061 since 11 May 2012 and is currently estimated at $2,571,242, approximately $619 per square foot. This property was built in 1950. 115 Oakwood Dr is a home located in San Mateo County with nearby schools including Henry Ford Elementary School, John F. Kennedy Middle School, and Woodside High School.

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