NOT LISTED FOR SALE

2231 Madison Ave Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $1,765,000 - $2,092,000

3 Beds
2 Baths
1,170 Sq Ft
$1,650/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $1,580,000 $1,350 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,041/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Woodside High School Rated A
  • Dining Area
  • 1-Story Property

About This Home

As of July 2019

Approx 140 sq ft bonus room (not in square footage)... Remember the days when a house really was a home? When your neighbors were your best friends and all the kids rode their bikes to school together? These communities still exist in neighborhoods like Roosevelt Park; within blocks of Roosevelt Elementary school K-8 (California Gold Ribbon School), Schaberg Branch Library, Dehoffs Key Market, Roosevelt Center with restaurants, parks, and so much more. Once in a lifetime opportunity to own a 1961 underground bunker Imagine the possibilities: wine cellar, soundproof music room, card room, speakeasy, man cave, she cave, and many more! Plus, a bonus room, not included in square footage great for office, meditation room, kids play room and so much more.

Last Agent to Sell the Property

Elizabeth Thompson

Christie's International Real Estate Sereno License #01382997 Listed on: 06/06/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Sean Chen

Intero Real Estate Services License #02022634

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,987

Year Built

  • Built in 1954

Lot Details

  • 7,000 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 058-326-210

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,987

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1170
  • Year Built: 1954
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1170
  • Stories: 1
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Roosevelt Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 671

Lot Info

  • Parcel Number: 058-326-210
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Roosevelt Elementary
  • High School Text: Woodside High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jun 24, 2019
Sold by
Eichen Lisa E
Bought by
Ling Ziran and Liu Yuling
Seller's Agent
Elizabeth Thompson
Christie's International Real Estate Sereno
Buyer's Agent
Sean Chen
Intero Real Estate Services
List Price
$1,399,000
Sold Price
$1,580,000
Premium/Discount to List
$181,000
12.94%
Current Estimated Value
$1,904,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,169
Avg. Annual Appreciation
2.97%
Original Mortgage
$1,220,000
Outstanding Balance
$1,057,843
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$831,993

Purchase Details

Closed on
Sep 7, 2001
Sold by
Eichen Lisa E and Watson Lisa E
Bought by
Eichen Robert L and Eichen Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.5%

Purchase Details

Closed on
Aug 13, 1998
Sold by
William Nabhan
Bought by
Watson Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7%

Purchase Details

Closed on
May 14, 1998
Sold by
William Nabhan
Bought by
Nabhan William and Nabham Helen
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
Ling Ziran $1,580,000 First American Title Company
Eichen Robert L -- First American Title Co
Watson Lisa E $350,000 First American Title Co
Nabhan William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling Ziran $1,220,000
Previous Owner Eichen Robert L $406,500
Previous Owner Eichen Robert L $387,500
Previous Owner Eichen Robert L $30,000
Previous Owner Eichen Robert $375,000
Previous Owner Eichen Robert L $270,000
Previous Owner Eichen Lisa E $50,000
Previous Owner Eichen Robert L $246,500
Previous Owner Watson Lisa E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $1,580,000 +12.9% $1,350 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $1,399,000 -- $1,196 / 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 $19,987 $1,727,955 $1,312,373 $415,582
2023 $19,987 $1,660,859 $1,261,413 $399,446
2022 $18,728 $1,628,294 $1,236,680 $391,614
2021 $17,485 $1,596,368 $1,212,432 $383,936
2020 $17,250 $1,580,000 $1,200,000 $380,000
2019 $5,462 $491,870 $245,935 $245,935
2018 $5,319 $482,226 $241,113 $241,113
2017 $5,261 $472,772 $236,386 $236,386
2016 $5,159 $463,502 $231,751 $231,751
2015 $4,967 $456,540 $228,270 $228,270
2014 $4,871 $447,598 $223,799 $223,799
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elizabeth Thompson

    Sereno Group

    Section Image

  • S

    Buyer's Agent in 2019

    Sean Chen

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81755321

MLSListings

APN: 058-326-210

California San Mateo County Redwood City 94061 Roosevelt

2231 Madison Ave, Redwood City, CA

This home is located at 2231 Madison Ave, Redwood City, CA 94061 since 06 June 2019 and is currently estimated at $1,930,978, approximately $1,650 per square foot. This property was built in 1954. 2231 Madison Ave 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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