NOT LISTED FOR SALE

257 5th Ave Redwood City, CA 94063

North Fair Oaks Neighborhood

Estimated Value: $1,450,000 - $1,805,638

5 Beds
3 Baths
1,860 Sq Ft
$863/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $550,000 $296 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $9,939/month

35 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Car Wash Area
  • Woodside High School Rated A

About This Home

As of August 2013

Typical middle class duplex. its on a busy street, but will rent out. Units are pretty large so they are typically easy to rent out. The property could use some improvement.

Last Agent to Sell the Property

Tony Bayard

Legal Realty License #01390824 Listed on: 04/19/2013

Last Buyer's Agent

Tony Bayard

Legal Realty License #01390824 Listed on: 04/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,915

Year Built

  • 1990

Lot Details

  • 5,532

Parking

  • Carport

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,000
  • The owner pays for garbage, water

Community Details

Overview

  • 2 Units
  • 1,860 Sq Ft Building
  • Car Wash Area

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Trash Expense $1,200
  • Operating Expense $11,287
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,915

Year Built

1990

Lot Details

0

Listing Details

  • Zoning: R300
  • Subclass: Duplex
  • Age: 23
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 295.70
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1860
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Living Sq Ft: 1860
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Wall To Wall, Hardwood, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Car Wash Area

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5532.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5532.00
  • Lot Size Area Min Search: 5532.00
  • Maximum Lot Size: 5532.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.69

Multi Family

  • Expense Insurance: 1200
  • Expense Maintenance: 500
  • Expenses Total: 11287
  • Expense Trash: 1200
  • Expense Water Sewer: 1200
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Parking, Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jul 26, 2013
Sold by
Anne Nayana
Bought by
Lin Weng Cheng and Chu Chiu Hsiang Lin
Seller's Agent
Tony Bayard
Legal Realty
Buyer's Agent
Tony Bayard
Legal Realty
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Current Estimated Value
$1,603,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,053,495
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Eteaki Siale Joseph
Bought by
Anne Nayana

Purchase Details

Closed on
Oct 26, 2010
Sold by
Eteaki Laukau Pouli
Bought by
Eteaki Siale Joseph

Purchase Details

Closed on
Apr 4, 2009
Sold by
Anne Nayana
Bought by
Eteaki Laukau Pouli

Purchase Details

Closed on
May 9, 2007
Sold by
Eteaki Laukau Pouli and Eteaki Siale Joseph
Bought by
Anne Nayana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2006
Sold by
Eteaki Laukau Pouli
Bought by
Eteaki Siale Joseph and Eteaki Laukau Pouli

Purchase Details

Closed on
Nov 18, 2005
Sold by
Faulkenstein Alvin J and Falkenstein Alvin J
Bought by
Eteaki Laukau Pouli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2004
Sold by
Eteaki Laukau Pouli
Bought by
Eteaki Laukau Pouli and Faulkenstein Alvin J

Purchase Details

Closed on
Nov 4, 2003
Sold by
Faukenstein Alvin J
Bought by
Eteaki Laukau Pouli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Eteaki Laukau Pouli
Bought by
Falkenstein Alvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Eteaki Laukau Pouli
Bought by
Eteaki Laukau Pouli and Faulkenstein Alvin J

Purchase Details

Closed on
Jan 19, 2000
Sold by
Eteaki Siale Joseph
Bought by
Eteaki Laukan Pouli

Purchase Details

Closed on
Aug 13, 1999
Sold by
Falkenstein Alvin J
Bought by
Eteaki Siale Joseph

Purchase Details

Closed on
May 26, 1999
Sold by
Falkenstein Susan M
Bought by
Falkenstein Alvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Lin Weng Cheng $552,000 Old Republic Title Company
Anne Nayana -- None Available
Eteaki Siale Joseph -- None Available
Eteaki Laukau Pouli -- None Available
Anne Nayana $950,000 Alliance Title Company
Eteaki Siale Joseph -- None Available
Eteaki Laukau Pouli -- Fidelity National Title Co
Eteaki Laukau Pouli -- --
Eteaki Laukau Pouli -- --
Falkenstein Alvin J -- Fidelity National Title Comp
Eteaki Laukau Pouli -- Fidelity National Title Comp
Eteaki Laukau Pouli $175,000 --
Eteaki Laukan Pouli -- --
Eteaki Siale Joseph -- --
Falkenstein Alvin J -- Old Republic Title Ins Compa
Falkenstein Alvin J $345,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anne Nayana $95,000
Previous Owner Anne Nayana $760,000
Previous Owner Eteaki Laukau P $85,000
Previous Owner Eteaki Laukau Pouli $510,250
Previous Owner Eteaki Laukau P $66,000
Previous Owner Falkenstein Alvin J $470,000
Previous Owner Falkenstein Alvin J $276,000
Closed Falkenstein Alvin J $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $550,000 -8.3% $296 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $600,000 -- $323 / 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 $13,915 $980,676 $490,338 $490,338
2023 $13,915 $942,598 $471,299 $471,299
2022 $12,968 $924,116 $462,058 $462,058
2021 $12,811 $905,998 $452,999 $452,999
2020 $12,618 $896,710 $448,355 $448,355
2019 $12,457 $879,128 $439,564 $439,564
2018 $11,622 $861,892 $430,946 $430,946
2017 $11,161 $844,994 $422,497 $422,497
2016 $10,866 $828,426 $414,213 $414,213
2015 $10,450 $815,984 $407,992 $407,992
2014 $10,219 $800,000 $400,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tony Bayard

    Legal Realty

    (408) 595-2464

    3 Total Sales

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Map

Source: MLSListings

MLS Number: ML81312881

MLSListings

APN: 060-084-420

California San Mateo County Redwood City 94025 North Fair Oaks

257 5th Ave, Redwood City, CA

This home is located at 257 5th Ave, Redwood City, CA 94063 since 19 April 2013 and is currently estimated at $1,604,910, approximately $862 per square foot. This property was built in 1990. 257 5th Ave is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Woodside High School.

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