NOT LISTED FOR SALE

117 Broadway St Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,906,000 - $2,110,181

4 Beds
3 Baths
3,042 Sq Ft
$661/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $1,375,000 $452 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $12,708/month

10 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Secured Garage or Parking
  • Sequoia High School Rated A
  • Tandem Parking
  • 3-minute walk to Andrew Spinas Park

About This Home

As of May 2016

Beautiful turnkey duplex with separately metered utilities, separate laundry rooms, divided garages and numerous updates in the last couple of years. The back unit features a recently remodeled kitchen and bathrooms, an upstairs patio, large bonus room and interior access to the 2 car garage. The front unit has an automatic gate at the street, lovely front yard with fruit trees and classic 2 bedroom, 1 bathroom layout.

Last Agent to Sell the Property

John Barman

Compass License #01281597 Listed on: 04/08/2016

Compass

Co-Listed By

Janie Barman

Compass License #01270223

Last Buyer's Agent

Leika Kejriwal

Compass License #00942482

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,979

Year Built

  • 1940

Lot Details

  • 6,011 Sq Ft Lot

Parking

  • 3 Car Garage
  • Tandem Parking
  • Secured Garage or Parking
  • Guest Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • Den
  • Security Lights

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $68,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,145
  • Insurance Expense $790
  • Maintenance Expense $1,418
  • Utility Expense $1,099
  • Trash Expense $136
  • Operating Expense $13,368
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,979

Year Built

1940

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3042
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 3042
  • Stories: 2
  • Security: Secured Garage / Parking, Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Laundry Room, Office Area

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 7
  • Garage Parking Features: Attached Garage, Enclosed, Guest / Visitor Parking, Room For Oversized Vehicle, Tandem Parking, Uncovered Parking, Varies By Unit

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Rental Info

  • Existing Lease Term(s): Lease(s), Less Than 1 Yr
  • Gross Rent Multiplier: 17.37
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 790
  • Expense Landscape: 1145
  • Expense Maintenance: 1418
  • Expenses Total: 13368
  • Expenses Utility: 1099
  • Expense Trash: 136
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 68400
  • Meters: Separate Electric, Separate Gas, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 11, 2016
Sold by
Elrod Kyle and Chong Su Mien
Bought by
The Biswas Living Trust and Biswas Mousumi Mani
Seller's Agent
John Barman
Compass
Buyer's Agent
Leika Kejriwal
Compass
List Price
$1,188,000
Sold Price
$1,375,000
Premium/Discount to List
$187,000
15.74%
Current Estimated Value
$2,011,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,394
Avg. Annual Appreciation
4.19%
Original Mortgage
$800,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2014
Sold by
Elrod Kyle Connor and Chong Su Mien
Bought by
Chong/Elrod Living Trust and Chong Su Mien

Purchase Details

Closed on
May 3, 2013
Sold by
Elrod Kyle
Bought by
Elrod Kyle Connor and Chong Su Mien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,925
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2012
Closed on
Feb 19, 2013
Sold by
Chong Su Mien
Bought by
Elrod Kyle
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
John Barman
Compass
List Price
$630,000
Sold Price
$675,000
Premium/Discount to List
$45,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Listed on
Nov 29, 2012
Closed on
Feb 8, 2013
Sold by
The Bank Of New York Mellon
Bought by
Elrod Kyle
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
John Barman
Compass
List Price
$630,000
Sold Price
$675,000
Premium/Discount to List
$45,000
7.14%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Castellanos Jose Luis and Castellanos Lilian E
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 19, 2003
Sold by
Castellanos Jose
Bought by
Castellanos Jose Luis and Castellanos Lilian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2003
Sold by
Castellanos Lilian
Bought by
Castellanos Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2003
Sold by
La Canada Holding Co
Bought by
Castellanos Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2003
Sold by
Chesler James A and Chesler Diane M
Bought by
La Canada Holding Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2001
Sold by
Chesler James A and Chesler Diane M
Bought by
Chesler James A and Chesler Diane M

Purchase Details

Closed on
Aug 27, 1999
Sold by
Scott Robert D Tr
Bought by
Chesler James A and Chesler Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.47%
Mortgage Type
Commercial
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
The Biswas Living Trust $1,375,000 Chicago Title Company
Chong/Elrod Living Trust -- None Available
Elrod Kyle Connor -- Chicago Title Company
Elrod Kyle -- Landsafe Title
Elrod Kyle $675,000 Landsafe Title Simi Valley
The Bank Of New York Mellon $576,000 Landsafe Title
Castellanos Jose Luis -- --
Castellanos Jose -- Commonwealth Land Title Co
Castellanos Jose $689,000 Commonwealth Land Title Co
La Canada Holding Co -- North American Title Company
Chesler James A -- --
Chesler James A $390,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biswas Amitava $300,000
Closed Biswas Amitava $0
Open Biswas Amitava $980,000
Closed The Biswas Living Trust $800,000
Previous Owner Elrod Kyle Connor $388,925
Previous Owner Elrod Kyle Connor $472,500
Previous Owner Castellanos Jose Luis $110,000
Previous Owner Castellanos Jose Luis $745,000
Previous Owner Castellanos Jose Luis $65,400
Previous Owner Castellanos Jose Luis $720,000
Previous Owner Castellanos Jose Luis $525,000
Previous Owner Castellanos Jose Luis $140,000
Previous Owner Castellanos Jose $486,400
Previous Owner Castellanos Jose $486,400
Previous Owner La Canada Holding Co $393,950
Previous Owner Chesler James A $218,000
Previous Owner Chesler James A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $1,375,000 +15.7% $452 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $1,188,000 +76.0% $391 / Sq Ft
02/26/2013 02/26/13 Sold $675,000 +7.1% $338 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $630,000 -- $315 / 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 $20,979 $1,730,161 $813,858 $916,303
2023 $20,979 $1,657,096 $782,255 $874,841
2022 $19,663 $1,624,605 $766,917 $857,688
2021 $19,432 $1,592,752 $751,880 $840,872
2020 $19,138 $1,576,422 $744,171 $832,251
2019 $19,015 $1,545,513 $729,580 $815,933
2018 $18,329 $1,515,210 $715,275 $799,935
2017 $16,907 $1,402,500 $701,250 $701,250
2016 $9,134 $702,156 $351,078 $351,078
2015 $8,780 $691,610 $345,805 $345,805
2014 -- $678,064 $339,032 $339,032
Source: Public Records

Agents Affiliated with this Home

  • John Barman

    Seller's Agent in 2016

    John Barman

    Compass

    (650) 380-8440

    34 Total Sales

    John Barman
    Section Image
  • Janie Barman

    Seller Co-Listing Agent in 2016

    Janie Barman

    Compass

    (650) 759-1182

    34 Total Sales

    Janie Barman
    Section Image
  • Leika Kejriwal

    Buyer's Agent in 2016

    Leika Kejriwal

    Compass

    (650) 218-5345

    38 Total Sales

    Leika Kejriwal
    Section Image
  • Howard Bloom

    Seller's Agent in 2013

    Howard Bloom

    Intero Real Estate Services

    (650) 947-4780

    93 Total Sales

    Howard Bloom
    Section Image
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Map

Source: MLSListings

MLS Number: ML81579399

MLSListings

APN: 055-023-090

California San Mateo County Redwood City 94063 Friendly Acres

117 Broadway St, Redwood City, CA

This home is located at 117 Broadway St, Redwood City, CA 94063 since 08 April 2016 and is currently estimated at $2,011,394, approximately $661 per square foot. This property was built in 1940. 117 Broadway St is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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