NOT LISTED FOR SALE

Estimated Value: $2,165,000 - $3,083,984

6 Beds
6 Baths
-- Sq Ft
8,233 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $2,020,000

Est. 25% increase in value since last sale

Current estimated payment $15,473/month

42 Days on Market

About This Home

As of September 2020

Large & open duplex, great rental potential! Live in one side & rent the other! Each unit offers 3 spacious bedrooms, 2.5 baths, large & private yards, 1,500 s.f. of living space. Open concept living space is full of natural light, skylights, & vaulted ceilings. Living room is a great place to gather with family & friends and includes cozy wood-burning fireplace. Flooring in both units recently upgraded to include luxurious waterproof vinyl wood flooring & new high-grade carpets. Each unit has 2-car... Large & open duplex, great rental potential! Live in one side & rent the other! Each unit offers 3 spacious bedrooms, 2.5 baths, large & private yards, 1,500 s.f. of living space. Open concept living space is full of natural light, skylights, & vaulted ceilings. Living room is a great place to gather with family & friends and includes cozy wood-burning fireplace. Flooring in both units recently upgraded to include luxurious waterproof vinyl wood flooring & new high-grade carpets. Each unit has 2-car attached garage with plenty of storage space & driveway/street parking. Large private back yards are perfect for those who desire no maintenance but appreciate additional outdoor living space for BBQ & entertaining. Centrally located near great schools, shopping/entertainment hubs, & downtown Redwood City amenities. Easy commute to all Silicon Valley, East Bay, or SF hubs via 101, 280, Caltrain, or Dumbarton/San Mateo/Bay Bridges. Don’t miss this great investment!

Last Agent to Sell the Property

Matt Capron

Vertical Horizon Real Estate License #01433548 Listed on: 07/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,782

Year Built

  • Built in 1990

Lot Details

  • 8,233

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Community Details

  • 2 Units
  • Redwood City Community

Listing and Financial Details

  • Assessor Parcel Number 053-282-270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,782

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Addison St
  • Neighborhood: Redwood City
  • Supplement: Large & open duplex, great rental potential! Live in one side & rent the other! Each unit offers 3 spacious bedrooms, 2.5 baths, large & private yards, 1,500 s.f. of living space. Open concept living space is full of natural light, skylights, & vaulted ceilings. Living room is a great place to gather with family & friends and includes cozy wood-burning fireplace. Flooring in both units recently upgraded to include luxurious waterproof vinyl wood flooring & new high-grade carpets. Each unit has 2-car attached garage with plenty of storage space & driveway/street parking. Large private back yards are perfect for those who desire no maintenance but appreciate additional outdoor living space for BBQ & entertaining. Centrally located near great schools, shopping/entertainment hubs, & downtown Redwood City amenities. Easy commute to all Silicon Valley, East Bay, or SF hubs via 101, 280, Caltrain, or Dumbarton/San Mateo/Bay Bridges. Don’t miss this great investment!
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Total Stories: 2
  • Year Built: 1990
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Partial

Condo/Co-op/Association

  • Complex Name: Redwood City
  • Community: OUT OF AREA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 053-282-270

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2023
Sold by
Constantino Hayley L
Bought by
Tight Line Twins Trust and Constantino
Current Estimated Value
$2,532,246

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 15, 2020
Sold by
Roberts Heather D and Roberts Heather D
Bought by
Cheng Wei Wu and Wei Wu Cheng 2016 Trust
Seller's Agent
Matt Capron
Vertical Horizon Real Estate
List Price
$2,899,950
Sold Price
$2,020,000
Premium/Discount to List
-$879,950
-30.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Mar 13, 2017
Sold by
Roberts Heather D and The Trust Of Heatherd D Robert
Bought by
Constantino Hayley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Roberts Heather and Constantino Hayley L
Bought by
Roberts Heather D and Trust Of Heather D Roberts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2017
Sold by
Constantino Chris
Bought by
Constantino Hayley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2005
Sold by
Roberts Byron A and Roberts Joann
Bought by
Roberts Byron A and Roberts Joann

Purchase Details

Closed on
Mar 12, 2002
Sold by
Cournoyer Vincent R
Bought by
Roberts Byron A and Roberts Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.02%
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
Tight Line Twins Trust -- None Listed On Document
Cheng Wei Wu $2,020,000 Fidelity National Title Co
Constantino Hayley L -- None Available
Roberts Heather D $299,000 First American Title Company
Constantino Hayley L -- First American Title Company
Roberts Byron A -- --
Roberts Byron A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Wei Wu $800,000
Previous Owner Roberts Heather D $299,000
Previous Owner Roberts Byron A $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $2,020,000 -8.2% --
09/10/2020 09/10/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $2,199,900 -6.4% --
08/27/2020 08/27/20 Price Changed $2,350,000 -6.0% --
08/17/2020 08/17/20 Price Changed $2,499,900 -10.7% --
08/13/2020 08/13/20 Price Changed $2,799,900 -3.5% --
07/29/2020 07/29/20 For Sale $2,899,950 -- --
Source: San Diego MLS

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 $23,782 $2,186,512 $1,104,080 $1,082,432
2023 $23,782 $2,101,608 $1,061,208 $1,040,400
2022 $22,318 $2,060,400 $1,040,400 $1,020,000
2021 $22,100 $2,020,000 $1,020,000 $1,000,000
2020 $9,675 $880,708 $363,758 $516,950
2019 $9,640 $863,442 $356,627 $506,815
2018 $11,266 $1,384,116 $808,850 $575,266
2017 $9,211 $829,916 $342,780 $487,136
2016 $9,054 $813,645 $336,060 $477,585
2015 $8,640 $801,425 $331,013 $470,412
2014 $8,472 $785,729 $324,530 $461,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200035898

San Diego MLS

APN: 053-282-270