NOT LISTED FOR SALE

255 Orchard Ave Redwood City, CA 94061

Redwood Oaks Neighborhood

Estimated Value: $1,931,000 - $2,865,314

5 Beds
4 Baths
3,200 Sq Ft
$691/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $810,000 $253 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $12,963/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet
  • Woodside High School Rated A

About This Home

As of April 2012

Large Duplex with Great West Side Location! Single level. Owner's unit has 3 bedrooms and 2 bathrooms. Family room plus 2 car garage. Large backyard. New paint and carpet. 2nd unit consists of 2 bedrooms and 2 bathrooms. Also has a den. Large 2 car garage. Also has nice side-yard.

Last Agent to Sell the Property

Eric Ruxton

Terrace Associates License #00613080 Listed on: 02/09/2012

Last Buyer's Agent

Shaun Walter

Coldwell Banker Realty License #01369745

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,949

Year Built

  • 1974

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Carpet
  • Laundry in Garage

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $18,000
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 3,200 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Operating Expense $3,117
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,949

Year Built

1974

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 38
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 253.12
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 3200
  • Laundry: In Garage
  • Flooring: Carpet - Wall To Wall, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10150.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10150.00
  • Lot Size Area Min Search: 10150.00
  • Maximum Lot Size: 10150.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 47.17

Multi Family

  • Expense Insurance: 1200
  • Expenses Total: 3117
  • Income Annual Gross: 18000.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance
  • 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
May 19, 2017
Sold by
Luna Myrna
Bought by
Luna Myrna and Myrna Luna 2017 Revocable Trus
Current Estimated Value
$2,211,829

Purchase Details

Closed on
Jul 28, 2012
Sold by
Crisafi Nicholas
Bought by
Luna Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,358
Outstanding Balance
$202,367
Interest Rate
3.65%
Mortgage Type
Seller Take Back
Estimated Equity
$2,009,462

Purchase Details

Listed on
Feb 9, 2012
Closed on
Mar 5, 2012
Sold by
Winter Ronald D and Rohde Leonard
Bought by
Crisafi Nicholas and Luna Myrna
Seller's Agent
Eric Ruxton
Terrace Associates
Buyer's Agent
Shaun Walter
Coldwell Banker Realty
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$526,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1999
Sold by
Barbour Cecile F
Bought by
Barbour Cecile F
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
Luna Myrna -- None Available
Luna Myrna -- None Available
Crisafi Nicholas $810,000 Chicago Title Company
Barbour Cecile F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Myrna $291,358
Previous Owner Crisafi Nicholas $526,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $810,000 -4.6% $253 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $849,000 -- $265 / 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 $10,949 $1,007,410 $503,705 $503,705
2023 $10,949 $968,294 $484,147 $484,147
2022 $10,276 $949,310 $474,655 $474,655
2021 $10,175 $930,698 $465,349 $465,349
2020 $10,038 $921,156 $460,578 $460,578
2019 $10,000 $903,096 $451,548 $451,548
2018 $9,738 $885,390 $442,695 $442,695
2017 $9,709 $868,030 $434,015 $434,015
2016 $9,547 $851,012 $425,506 $425,506
2015 $9,191 $838,230 $419,115 $419,115
2014 $9,015 $821,812 $410,906 $410,906
Source: Public Records

Agents Affiliated with this Home

  • Eric Ruxton

    Seller's Agent in 2012

    Eric Ruxton

    Terrace Associates

    (650) 868-4350

    4 Total Sales

    Eric Ruxton
    Section Image

  • S

    Buyer's Agent in 2012

    Shaun Walter

    Coldwell Banker Realty

    (650) 727-4888

    1 in this area

    37 Total Sales

    Shaun Walter
    Section Image
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Map

Source: MLSListings

MLS Number: ML81205039

MLSListings

APN: 059-112-450

California San Mateo County Redwood City 94061 Redwood Oaks

255 Orchard Ave, Redwood City, CA

This home is located at 255 Orchard Ave, Redwood City, CA 94061 since 09 February 2012 and is currently estimated at $2,211,829, approximately $691 per square foot. This property was built in 1974. 255 Orchard Ave 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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