NOT LISTED FOR SALE

1151 Cleveland St Redwood City, CA 94061

Palm Park Neighborhood

Estimated Value: $1,312,000 - $1,605,000

2 Beds
1 Bath
1,410 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $1,355,000 $961 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,007/month

7 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Formal Dining Room
  • Woodside High School Rated A
  • Workshop
  • Bathtub with Shower

About This Home

As of May 2024

Welcome to this 2 bedroom and 1 bathroom , with additional rear structure, nestled in a desirable neighborhood! Built in 1928, this well-loved home, with a freshly painted exterior, boasts timeless architectural details, offering a perfect blend of character and functionality. Upon entering, you'll be greeted by the inviting living room adorned with arched ceilings and a cozy wood-burning fireplace, creating a warm and welcoming atmosphere. Natural light floods the space, accentuating the refinished hardwood floors and freshly painted interior. The formal dining room features double doors leading to the spacious backyard. The converted garage, currently utilized as a bonus room, offers a 1/4 bath and flexibility to suit your lifestyle needs, whether it be a home office, gym, or additional living space. Step outside to the backyard and discover an additional structure with a private entrance, which could be a possible in-law unit or source of rental income. Conveniently located, this home is just moments away from shopping, dining, parks, and transportation options. With its charming ambiance, versatile layout, and prime location, this home is one you will want to call yours! Welcome Home!

Last Agent to Sell the Property

Tami Chiu

Coldwell Banker Realty License #01414538 Listed on: 04/05/2024

Coldwell Banker Realty

Last Buyer's Agent

Luis Carlos Herrera

eXp Realty of California, Inc License #02164515

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1928

Lot Details

  • 5,245

Parking

  • No Garage

Home Design

  • Tile Roof
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,410 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room
  • Workshop
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • 5,245 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 053-113-260

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,476

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1410
  • Year Built: 1928
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Living Sq Ft: 1410
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition, Tar and Gravel, Tile

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 053-113-260
  • Lot Acres: 0.1204
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5244.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5244.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 30, 2024
Sold by
Chung Him Chiu And So Sim Chiu Revocable and Chiu Peter
Bought by
Davallou Sara Nicolette and Davallou Amir H
Seller's Agent
Tami Chiu
Coldwell Banker Realty
Buyer's Agent
Luis Carlos Herrera
eXp Realty of California, Inc
List Price
$1,198,000
Sold Price
$1,355,000
Premium/Discount to List
$157,000
13.11%
Views
20
Current Estimated Value
$1,431,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,702
Avg. Annual Appreciation
1.98%
Original Mortgage
$1,135,000
Outstanding Balance
$1,120,915
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$268,449

Purchase Details

Closed on
Feb 28, 2009
Sold by
Chiu So Sim
Bought by
Chiu So Sim
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
Davallou Sara Nicolette $1,355,000 Lawyers Title Company
Chiu So Sim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davallou Sara Nicolette $1,135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $1,355,000 +13.1% $961 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $1,198,000 -- $850 / 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 $2,476 $1,382,100 $1,122,000 $260,100
2023 $2,476 $105,107 $39,567 $65,540
2022 $2,226 $103,047 $38,792 $64,255
2021 $1,143 $101,028 $38,032 $62,996
2020 $1,128 $99,994 $37,643 $62,351
2019 $1,123 $98,034 $36,905 $61,129
2018 $1,095 $96,113 $36,182 $59,931
2017 $1,082 $94,229 $35,473 $58,756
2016 $1,037 $92,382 $34,778 $57,604
2015 $1,001 $90,995 $34,256 $56,739
2014 $981 $89,213 $33,585 $55,628
Source: Public Records

Agents Affiliated with this Home

  • Tami Chiu

    Seller's Agent in 2024

    Tami Chiu

    Coldwell Banker Realty

    (650) 867-7634

    1 in this area

    57 Total Sales

    Section Image

  • L

    Buyer's Agent in 2024

    Luis Carlos Herrera

    eXp Realty of California, Inc

See All Agents

Map

Source: MLSListings

MLS Number: ML81960341

MLSListings

APN: 053-113-260

California San Mateo County Redwood City 94061 Palm Park

1151 Cleveland St, Redwood City, CA

This home is located at 1151 Cleveland St, Redwood City, CA 94061 since 05 April 2024 and is currently estimated at $1,431,702, approximately $1,015 per square foot. This property was built in 1928. 1151 Cleveland St is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Woodside High School.

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