H
Seller's Agent in 2020
Heng Seroff Group
Keller Williams Palo Alto
231 Myrtle St Redwood City, CA 94062
Oak Knoll-Redwood Park NeighborhoodEstimated Value: $3,070,000 - $3,461,000
4
Beds
3
Baths
2,391
Sq Ft
$1,389/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Contemporary Architecture
- Wood Flooring
- Sequoia High School Rated A
- Vaulted Ceiling
- Steam Shower
About This Home
As of July 2020Contemporary design & luxurious finishes combine in this Mount Carmel home with 4 bedrooms & 3 baths in 2,391 sq. ft. on a private 6,500 sq. ft. lot, plus a new 391 sq. ft. ADU (per county). Rebuilt from the ground up in 2019, the modern floorplan includes a dining room with 18 ft. ceilings. The kitchen has waterfall quartz counters on the island & Viking appliances. The great room has vaulted ceilings & Panoramic doors opening to a covered patio allowing for seamless indoor/outdoor living. The spacious master suite has high ceilings, walk-in closet & attached bath with steam shower, double sinks, quartz counters, designer tiles & makeup vanity. There is a 1st floor guest bedroom with attached bath. Upstairs 2 bedrooms share a Jack & Jill bath. The laundry room with dog bath is ready for 2 sets of washer/dryers. Above the detached garage is the ADU with full kitchen & laundry.
Last Agent to Sell the Property
Heng Seroff Group
Keller Williams Palo Alto License #70010137 Listed on: 05/08/2020
Last Buyer's Agent
Mary Ellen Wetlesen
Coldwell Banker Realty License #00963869
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,488
Year Built
- 1941
Lot Details
- 6,499 Sq Ft Lot
- Southwest Facing Home
- Gated Home
- Wood Fence
- Level Lot
- Sprinklers on Timer
- Back Yard
Parking
- 2 Car Detached Garage
- Secured Garage or Parking
- On-Street Parking
- Uncovered Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Ceiling Insulation
- Floor Insulation
- Composition Roof
- Stucco
Interior Spaces
- 2,391 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Double Pane Windows
- Formal Dining Room
- Neighborhood Views
Kitchen
- Open to Family Room
- Range Hood
- Dishwasher
- Wine Refrigerator
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Split Bathroom
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Steam Shower
Laundry
- Laundry Room
- Laundry Tub
- Electric Dryer Hookup
Home Security
- Security Gate
- Alarm System
- Fire Sprinkler System
Outdoor Features
- Balcony
Utilities
- Forced Air Zoned Heating and Cooling System
- Thermostat
- Tankless Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2020
Closed on
Jun 17, 2020
Sold by
Frakes David H and Frakes Brittany D
Bought by
Shirvani Philip Payman and Kashefizadeh Shadi
Seller's Agent
Heng Seroff Group
Keller Williams Palo Alto
Buyer's Agent
Mary Ellen Wetlesen
Coldwell Banker Realty
List Price
$3,198,000
Sold Price
$2,920,000
Premium/Discount to List
-$278,000
-8.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,822
Avg. Annual Appreciation
2.55%
Original Mortgage
$1,600,000
Outstanding Balance
$1,421,933
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,899,889
Purchase Details
Closed on
Apr 15, 2017
Sold by
Murray Darlene A
Bought by
Frakes David H and Frakes Brittany D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shirvani Philip Payman | $2,920,000 | Chicago Title Company | |
| Frakes David H | $1,460,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shirvani Philip Payman | $1,600,000 | |
| Previous Owner | Franks David H | $238,300 | |
| Previous Owner | Frakes David H | $1,022,000 | |
| Previous Owner | Murray Darlene A | $585,000 | |
| Previous Owner | Murray David A | $200,000 | |
| Previous Owner | Murray David A | $115,000 | |
| Previous Owner | Murray David A | $493,500 | |
| Previous Owner | Murray David A | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $2,920,000 | -2.6% | $1,221 / Sq Ft |
| 06/14/2020 06/14/20 | Pending | -- | -- | -- |
| 06/03/2020 06/03/20 | Price Changed | $2,998,000 | -6.3% | $1,254 / Sq Ft |
| 05/08/2020 05/08/20 | For Sale | $3,198,000 | -- | $1,338 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $35,488 | $3,160,699 | $1,442,881 | $1,717,818 |
| 2023 | $35,488 | $3,037,967 | $1,386,853 | $1,651,114 |
| 2022 | $33,269 | $2,978,400 | $1,359,660 | $1,618,740 |
| 2021 | $31,884 | $2,920,000 | $1,333,000 | $1,587,000 |
| 2020 | $24,466 | $2,245,564 | $1,167,328 | $1,078,236 |
| 2019 | $16,875 | $1,520,700 | $1,144,440 | $376,260 |
| 2018 | $16,414 | $1,489,200 | $1,122,000 | $367,200 |
| 2017 | $5,008 | $442,808 | $115,436 | $327,372 |
| 2016 | $4,833 | $434,126 | $113,173 | $320,953 |
| 2015 | $4,653 | $427,606 | $111,474 | $316,132 |
| 2014 | $4,563 | $419,231 | $109,291 | $309,940 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2020
Mary Ellen Wetlesen
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81791779
APN: 052-173-220
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