NOT LISTED FOR SALE

123 Jackson Ave Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $2,072,000 - $2,574,000

6 Beds
4 Baths
4,569 Sq Ft
$512/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $1,210,000 $265 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $14,579/month

12 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Carpet
  • Sequoia High School Rated A
  • Washer and Dryer

About This Home

As of March 2014

Wonderful investment opportunity. 3 spacious units in a great location. Short distance to El Camino Real and Hwy 101. Unit 1: 3bed/2ba, excellent for owner occupied. Unit 2: 2bed/1ba; unit 3: 1bed/1ba. Each unit has a 2 car enclosed garage. Separate meters; tenants pay all utilities. Great commute location - walking distance to CalTrain station, Whole Foods Market,Safeway, Sequoia Shopping Center.

Last Agent to Sell the Property

Tim Ho

Intero Real Estate Services License #01893950 Listed on: 03/05/2014

Intero Real Estate Services

Last Buyer's Agent

Samar Sweidan

Coldwell Banker Realty License #01415076

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,184

Year Built

  • 1976

Lot Details

  • 7,013

Parking

  • Private Parking

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 4,569 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $71,700
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 4,569 Sq Ft Building

Building Details

  • Gardener Expense $600
  • Insurance Expense $2,196
  • Maintenance Expense $970
  • Operating Expense $10,469
  • Gross Income $71,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,184

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Triplex
  • Age: 38
  • Inspections Reports: Fault Zone, Geological/Flood, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 264.83
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 4569
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 4569
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Some Units, Gas Hookup, In Garage
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

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

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 15.17

Multi Family

  • Expense Insurance: 2196
  • Expense Landscape: 600
  • Expense Maintenance: 970
  • Expenses Total: 10469
  • Income Annual Gross: 71700.00
  • Income Annual Rental: 71700
  • Income Gross Scheduled: 71700
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ayyoub Nihad
Bought by
Ayyoub Jweinat Nihad
Current Estimated Value
$2,416,333

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 25, 2014
Sold by
Ho Tu T
Bought by
Jackson Redwood Llc
Seller's Agent
Tim Ho
Intero Real Estate Services
Buyer's Agent
Samar Sweidan
Coldwell Banker Realty
List Price
$1,088,000
Sold Price
$1,210,000
Premium/Discount to List
$122,000
11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Mar 5, 2014
Closed on
Mar 19, 2014
Sold by
Jackson Redwood Llc
Bought by
Ayyoub Nihad
Seller's Agent
Tim Ho
Intero Real Estate Services
Buyer's Agent
Samar Sweidan
Coldwell Banker Realty
List Price
$1,088,000
Sold Price
$1,210,000
Premium/Discount to List
$122,000
11.21%

Purchase Details

Closed on
Dec 26, 2003
Sold by
Ho Tu Tina and Ho Tu T
Bought by
Jackson Redwood Llc

Purchase Details

Closed on
Apr 16, 2001
Sold by
Ho Tu T
Bought by
Ho Tu T

Purchase Details

Closed on
Mar 6, 1998
Sold by
Lukaszek Wieslaw A
Bought by
Ho Tu T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
6.54%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Thomas Chen
Bought by
Ho Tu T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
6.54%

Purchase Details

Closed on
Feb 4, 1994
Sold by
Zielinski Kazimierz J and Zielinski Gertrude H
Bought by
Chen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.37%
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
Ayyoub Jweinat Nihad -- None Available
Jackson Redwood Llc -- First American Title Company
Ayyoub Nihad $1,210,000 First American Title Company
Jackson Redwood Llc -- North American Title Co
Ho Tu T -- --
Ho Tu T -- North American Title Insuran
Ho Tu T $471,000 North American Title Insuran
Chen Thomas $400,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Tu T $282,600
Previous Owner Chen Thomas $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $1,210,000 +11.2% $265 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $1,088,000 -- $238 / 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 $16,184 $1,483,284 $858,100 $625,184
2023 $16,184 $1,425,688 $824,780 $600,908
2022 $15,190 $1,397,734 $808,608 $589,126
2021 $15,043 $1,370,328 $792,753 $577,575
2020 $14,841 $1,356,278 $784,625 $571,653
2019 $14,787 $1,329,686 $769,241 $560,445
2018 $14,400 $1,303,614 $754,158 $549,456
2017 $14,244 $1,278,054 $739,371 $538,683
2016 $14,020 $1,252,995 $724,874 $528,121
2015 $13,496 $1,234,175 $713,986 $520,189
2014 $6,764 $613,497 $184,045 $429,452
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Ho

    Intero Real Estate Services

    Section Image
  • Samar Sweidan

    Buyer's Agent in 2014

    Samar Sweidan

    Coldwell Banker Realty

    (408) 386-4630

    1 Total Sale

    Section Image
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Map

Source: MLSListings

MLS Number: ML81406939

MLSListings

APN: 053-063-060

California San Mateo County Redwood City 94061 Roosevelt

123 Jackson Ave, Redwood City, CA

This home is located at 123 Jackson Ave, Redwood City, CA 94061 since 05 March 2014 and is currently estimated at $2,338,667, approximately $511 per square foot. This property was built in 1976. 123 Jackson 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.

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