NOT LISTED FOR SALE

1439 Sierra St Redwood City, CA 94061

Palm Park Neighborhood

Estimated Value: $2,217,000 - $2,964,755

5 Beds
4 Baths
2,960 Sq Ft
$861/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $2,400,000 $811 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,782/month

12 Days on Market

Highlights

  • Secured Garage or Parking
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Woodside High School Rated A
  • Security Fence

About This Home

As of October 2018

One of Kind Redwood City Duplex!! House #1-Owner occupied property! Fabulously Located on picturesque Tree-Lined street in desirable West side Redwood City! This property has three bedroom plus three bathroom, Beautifully Remodeled kitchen with all S/S appliances. Sliding doors leading to the perfect backyard for outdoor living. Open floor plan great for entertaining. All three bedrooms on one level. Attached two car garage. House #2-Two bedroom with remodeled kitchen. Unit has front and side yards, plus 1 Car garage. Excellent source of income. Current rent $3,195

Last Agent to Sell the Property

Daniel Chavez

Compass License #01962446 Listed on: 08/23/2018

Compass

Last Buyer's Agent

Steve & Julie Quattrone

Compass License #70000322

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,672

Year Built

  • 1967

Lot Details

  • 6,373 Sq Ft Lot
  • Security Fence

Parking

  • 3 Car Garage
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,960 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,672

Year Built

1967

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Living Sq Ft: 2960
  • Stories: 1
  • Security: Secured Garage / Parking, Security Fence

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1463
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6372.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6372.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Rents
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 28, 2018
Sold by
Railey Joseph S and Railey Meghan M
Bought by
Dorrance David L and Schneider Linda Richelle
Seller's Agent
Daniel Chavez
Compass
Buyer's Agent
Steve & Julie Quattrone
Compass
List Price
$2,195,000
Sold Price
$2,400,000
Premium/Discount to List
$205,000
9.34%
Current Estimated Value
$2,549,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,939
Avg. Annual Appreciation
0.88%
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2016
Sold by
Railey Joseph S and Railey Meghan M
Bought by
The Railey Family Trust 2016 and Railey Meghan M

Purchase Details

Closed on
Nov 17, 2015
Sold by
Bow Lillian and Railey Meghan M
Bought by
Railey Joseph S and Railey Meghan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2015
Sold by
Racz John and Racz Elizabeth
Bought by
Bow Lilian and Railey Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2015
Sold by
Railey Joseph
Bought by
Railey Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1998
Sold by
Domenico Infantino
Bought by
Racz John and Racz Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
9.87%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Domenico Infantino
Bought by
Infantino Domenico and Infantino Myrna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dorrance David L $2,400,000 Lawyers Title Co
The Railey Family Trust 2016 -- None Available
Railey Joseph S $712,500 First American Title Company
Bow Lilian $1,425,000 First American Title
Railey Meghan -- First American Title Company
Racz John $520,000 Fidelity National Title Co
Infantino Domenico -- Fidelity National Title Co
Infantino Domenico -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorrance-Schneider Family Trus $896,500
Closed Dorrance David L $910,000
Closed Dorrance David L $930,301
Closed Dorrance David L $900,000
Previous Owner Railey Joseph S $300,000
Previous Owner Railey Joseph S $206,250
Previous Owner Railey Joseph S $1,068,750
Previous Owner Bow Lilian $1,140,000
Previous Owner Racz John $520,000
Previous Owner Racz John $475,000
Previous Owner Racz John $425,000
Previous Owner Racz John $380,000
Previous Owner Racz John $360,000
Previous Owner Racz John $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2018 10/08/18 Sold $2,400,000 +9.3% $811 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $2,195,000 -- $742 / 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 $22,672 $2,120,000 $1,140,000 $980,000
2023 $22,672 $2,100,000 $1,129,736 $970,264
2022 $23,530 $2,180,000 $1,180,833 $999,167
2021 $20,719 $1,900,000 $1,029,000 $871,000
2020 $26,668 $2,448,000 $1,326,000 $1,122,000
2019 $26,570 $2,400,000 $1,300,000 $1,100,000
2018 $16,520 $1,505,176 $752,588 $752,588
2017 $16,339 $1,475,664 $737,832 $737,832
2016 $16,085 $1,446,730 $723,365 $723,365
2015 $7,592 $690,854 $207,252 $483,602
2014 $7,380 $677,322 $203,193 $474,129
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daniel Chavez

    Compass

    Section Image

  • S

    Buyer's Agent in 2018

    Steve & Julie Quattrone

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81720318

MLSListings

APN: 059-041-590

California San Mateo County Redwood City 94061 Palm Park

1439 Sierra St, Redwood City, CA

This home is located at 1439 Sierra St, Redwood City, CA 94061 since 23 August 2018 and is currently estimated at $2,549,939, approximately $861 per square foot. This property was built in 1967. 1439 Sierra St 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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