NOT LISTED FOR SALE

220 Standish St Redwood City, CA 94063

Centennial Neighborhood

Estimated Value: $2,168,000 - $2,392,000

6 Beds
6 Baths
3,800 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $2,150,000 $566 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,444/month

84 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Sequoia High School Rated A
  • Tandem Parking
  • 2-minute walk to Mezes Park

About This Home

As of May 2021

Quality Triplex in sought after Redwood City neighborhood within walking distance of Downtown Redwood City, one of the most desirable downtowns on the Peninsula. All 3 units are large 2 BR 2BA units. Unit 1 has a spacious private yard & would be a nice owners unit. Unit 2 and 3 each have a private balcony. Unit #3 extensively remodeled in 2019, this unit has hardwood floors, quartz counter tops, shaker cabinets & stainless steel appliances. Central Air Conditioning added to all 3 units in 2019. Exterior completely painted in 2021. Dual pane windows & sliding glass doors. All Kitchens equipped w/ free standing electric oven/stove, dishwasher, built-in Microwave & disposal. Wide street in a neighborhood w/ many single family homes. Less than a block away from Mezes Park w/ Tennis Courts & Playground. Good parking w/ a 3-car garage w/ garage door openers & 3 uncovered tandem spaces.Nice curb appeal. Low maintenance grounds. Nr. major employers, RWC Caltrain Station, Safeway & Whole Foods.

Last Agent to Sell the Property

Keith Suddjian

Cornish & Carey Commercial License #00673961 Listed on: 01/28/2021

Co-Listed By

Michelle Clark

Cornish & Carey Commercial License #01918902

Last Buyer's Agent

Dennis Moreno

MGM Real Estate License #00409846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,314

Year Built

  • 1971

Lot Details

  • 5,001 Sq Ft Lot
  • Back Yard

Parking

  • 3 Car Garage
  • Tandem Parking
  • Uncovered Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Mansard Roof Shape
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $124,800
  • Month-to-Month Lease Term

Community Details

Building Details

  • 3 Leased Units
  • Insurance Expense $1,748
  • Maintenance Expense $1,200
  • Other Expense $2,365
  • Utility Expense $5,991
  • Trash Expense $1,171
  • Operating Expense $37,006
  • Gross Income $119,130

Additional Features

  • 3,800 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,314

Year Built

1971

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-5
  • Subclass: Triplex
  • Age: 50
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3800
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch, Mansard, Tar And Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Tandem Parking, Uncovered Parking

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Clifford Elementary
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 621

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.94
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1748
  • Expense Maintenance: 1200
  • Expenses Other: 2365
  • Expenses Total: 37006
  • Expenses Utility: 5991
  • Expense Trash: 1171
  • Income Annual Gross: 119130.00
  • Income Annual Rental: 124800
  • Income Gross Scheduled: 125400
  • Income Includes: Laundry, Rents
  • Income Other: 600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Accounting/Legal, Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Reserve Fund, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
May 20, 2021
Sold by
A & G Holdings Llc
Bought by
Gupta Vijay K and Gupta Uma
Seller's Agent
Keith Suddjian
Cornish & Carey Commercial
Buyer's Agent
Dennis Moreno
MGM Real Estate
List Price
$2,288,000
Sold Price
$2,150,000
Premium/Discount to List
-$138,000
-6.03%
Current Estimated Value
$2,267,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,940
Avg. Annual Appreciation
1.26%
Original Mortgage
$875,000
Outstanding Balance
$785,765
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,482,175

Purchase Details

Closed on
Jul 31, 2017
Sold by
San Mateo Community Colleges Foundation
Bought by
A&G Holdings Llc

Purchase Details

Closed on
Jun 26, 2017
Sold by
Oyster Oyster M and Oyster A
Bought by
San Mateo Community Colleges Foundation

Purchase Details

Closed on
Aug 26, 2016
Sold by
Sooy Richard K and Sooy Sheri L
Bought by
Oyster M R and Oyster A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2011
Sold by
Sooy Richard K and Sooy Sheri L
Bought by
Sooy Richard K and Sooy Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Nshe Whitehall Llc
Bought by
Sooy Richard K and Sooy Sheri L

Purchase Details

Closed on
Nov 10, 2005
Sold by
Thorup Russel R
Bought by
Nshe Whitehall Llc

Purchase Details

Closed on
Apr 1, 2005
Sold by
Thorup Russel R
Bought by
Thorup Russel R

Purchase Details

Closed on
Jun 23, 2000
Sold by
Thorup Russel R and Thorup Maria R
Bought by
Thorup Russel R and Thorup Maria R

Purchase Details

Closed on
May 11, 1998
Sold by
Thorup Russel R and Thorup Maria R
Bought by
Thorup Russel R and Thorup Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.13%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Thorup Russel R and Thorup Maria R
Bought by
Thorup Russel R and Thorup Maria R
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
Gupta Vijay K $2,150,000 First American Title Company
A&G Holdings Llc -- First American Title Company
San Mateo Community Colleges Foundation -- None Available
Oyster M R $1,500,000 First American Title Company
Sooy Richard K -- Old Republic Title Company
Sooy Richard K -- Old Republic Title Company
Sooy Richard K $882,500 Chicago Title Co
Nshe Whitehall Llc $882,500 Chicago Title Insurance Co
Thorup Russel R -- --
Thorup Russel R -- --
Thorup Russel R -- Old Republic Title Ins Compa
Thorup Russel R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Vijay K $875,000
Previous Owner Oyster M R $1,150,000
Previous Owner Sooy Richard K $100,000
Previous Owner Sooy Richard K $500,000
Previous Owner Sooy Richard K $461,000
Previous Owner Sooy Richard K $460,000
Previous Owner Sooy Richard K $465,000
Previous Owner Sooy Richard K $465,000
Previous Owner Thorup Russel R $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $2,150,000 -4.4% $566 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $2,250,000 -1.7% $592 / Sq Ft
01/28/2021 01/28/21 For Sale $2,288,000 -- $602 / 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 $25,314 $2,327,228 $1,515,404 $811,824
2023 $25,314 $2,236,860 $1,456,560 $780,300
2022 $23,755 $2,193,000 $1,428,000 $765,000
2021 $17,860 $1,629,326 $1,261,414 $367,912
2020 $17,620 $1,612,620 $1,248,480 $364,140
2019 $17,555 $1,581,000 $1,224,000 $357,000
2018 $16,704 $1,550,000 $1,200,000 $350,000
2017 $16,704 $1,500,000 $750,000 $750,000
2016 $11,428 $1,018,760 $509,380 $509,380
2015 $11,002 $1,003,458 $501,729 $501,729
2014 $10,792 $983,802 $491,901 $491,901
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Suddjian

    Cornish & Carey Commercial

    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michelle Clark

    Cornish & Carey Commercial

    Section Image
  • Dennis Moreno

    Buyer's Agent in 2021

    Dennis Moreno

    MGM Real Estate

    (408) 739-0808

    1 in this area

    67 Total Sales

    Dennis Moreno
    Section Image

  • Y

    Buyer Co-Listing Agent in 2021

    YOLANDA HUDSPETH

    AMERICAN WEST CREDIT CORP

    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Laura Moreno Little

    MGM Real Estate

    (408) 623-8477

    1 in this area

    65 Total Sales

    Laura Moreno Little
    Section Image

  • K

    Buyer Co-Listing Agent in 2021

    Kenneth Wilson

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81827557

MLSListings

APN: 052-255-020

California San Mateo County Redwood City 94063 Centennial

220 Standish St, Redwood City, CA

This home is located at 220 Standish St, Redwood City, CA 94063 since 28 January 2021 and is currently estimated at $2,267,940, approximately $596 per square foot. This property was built in 1971. 220 Standish St is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

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