NOT LISTED FOR SALE

2738 Westmoreland Ave Redwood City, CA 94063

North Fair Oaks Neighborhood

Estimated Value: $1,178,000 - $1,314,987

-- Bed
2 Baths
1,385 Sq Ft
$885/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $884,000 $638 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,730/month

62 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Woodside High School Rated A

About This Home

As of May 2017

This home is located at 2738 Westmoreland Ave, Redwood City, CA 94063 since 08 February 2017 and is currently estimated at $1,225,497, approximately $884 per square foot. This property was built in 1940. 2738 Westmoreland 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.

Last Agent to Sell the Property

Vicky Costantini

Golden Gate Sotheby's International Realty License #01498092 Listed on: 02/08/2017

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,412

Year Built

  • 1940

Lot Details

  • 5,140

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,140 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $27,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Utility Expense $960
  • Trash Expense $240
  • Operating Expense $11,400
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,412

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Zoning: R300S5
  • Subclass: Duplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1385
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 1385
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport, Common Parking Area, On Street
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Selby Lane Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 673

Lot Info

  • Lot Acres: 0.1180
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5145.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5145.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 32.57
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 11400
  • Expenses Utility: 960
  • Expense Trash: 240
  • Income Annual Gross: 13800.00
  • Income Annual Rental: 27600
  • Income Gross Scheduled: 27600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 9, 2017
Sold by
Tello Jennifer Francisca and Jennifer Francisca Tello Livin
Bought by
Jacobo Roberto
Seller's Agent
Vicky Costantini
Golden Gate Sotheby's International Realty
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$899,000
Sold Price
$884,000
Premium/Discount to List
-$15,000
-1.67%
Current Estimated Value
$1,225,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,497
Avg. Annual Appreciation
4.06%
Original Mortgage
$486,200
Outstanding Balance
$420,551
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$811,873

Purchase Details

Closed on
Sep 28, 2015
Sold by
Tello Jennifer
Bought by
Tello Jennifer Francisca

Purchase Details

Listed on
May 26, 2014
Closed on
Jun 26, 2014
Sold by
Bready Patricia A and Miller Carl William
Bought by
Tello Jennifer
Seller's Agent
Pamela Tyson
KW Bay Area Living
Buyer's Agent
Vlad Mozeson
Bayshore Realtors Inc.
List Price
$525,000
Sold Price
$625,000
Premium/Discount to List
$100,000
19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$220,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Bready Patricia A
Bought by
Bready Patricia A and Miller Carl William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bray Barbara N
Bought by
Bready Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bray Barbara N
Bought by
Bready Patricia A and Bray Barbara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.81%
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
Jacobo Roberto $884,000 Fidelity National Title Co
Tello Jennifer Francisca -- None Available
Tello Jennifer $625,000 Fidelity National Title Co
Bready Patricia A -- Fidelity National Title
Bready Patricia A -- First American Title Company
Bready Patricia A -- American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobo Roberto $486,200
Previous Owner Tello Jennifer $220,000
Previous Owner Bready Patricia A $212,000
Previous Owner Miller Carl W $75,000
Previous Owner Bready Patricia A $50,000
Previous Owner Bready Patricia A $238,000
Previous Owner Bready Patricia A $160,000
Previous Owner Bready Patricia A $146,500
Previous Owner Bready Patricia A $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $884,000 -1.7% $638 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $899,000 +43.8% $649 / Sq Ft
07/03/2014 07/03/14 Sold $625,000 +19.0% $451 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $525,000 -- $379 / 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 $14,412 $1,025,951 $696,348 $329,603
2023 $14,412 $986,114 $669,309 $316,805
2022 $13,435 $966,780 $656,186 $310,594
2021 $13,273 $947,824 $643,320 $304,504
2020 $13,073 $938,106 $636,724 $301,382
2019 $12,912 $919,713 $624,240 $295,473
2018 $12,435 $901,680 $612,000 $289,680
2017 $9,261 $647,221 $589,230 $57,991
2016 $8,978 $634,531 $577,677 $56,854
2015 $8,637 $625,000 $569,000 $56,000
2014 $2,948 $106,217 $46,179 $60,038
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Vicky Costantini

    Golden Gate Sotheby's International Realty

    Section Image
  • Hugo De Hoyos

    Buyer's Agent in 2017

    Hugo De Hoyos

    Intero Real Estate Services

    (650) 931-8300

    176 Total Sales

    Hugo De Hoyos
    Section Image

  • P

    Seller's Agent in 2014

    Pamela Tyson

    KW Bay Area Living

    Section Image

  • V

    Buyer's Agent in 2014

    Vlad Mozeson

    Bayshore Realtors Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81646380

MLSListings

APN: 054-273-010

California San Mateo County Redwood City 94063 North Fair Oaks

2738 Westmoreland Ave, Redwood City, CA

This home is located at 2738 Westmoreland Ave, Redwood City, CA 94063 since 08 February 2017 and is currently estimated at $1,225,497, approximately $884 per square foot. This property was built in 1940. 2738 Westmoreland 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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