NOT LISTED FOR SALE

280 3rd Ave Redwood City, CA 94063

North Fair Oaks Neighborhood

Estimated Value: $1,058,000 - $1,245,000

3 Beds
2 Baths
1,520 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $400,000 $263 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $6,973/month

32 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • Woodside High School Rated A
  • Wall to Wall Carpet
  • 4-minute walk to Andrew Spinas Park

About This Home

As of August 2013

BUY YOUR INVESTMENT PROPERTY AND START INVESTING. 2 BEDROOM UNIT WITH PRIVATE BACKYARD AND PATIO. WITH 1 CAR GARAGE & LAUNDRY HOOK UP IN UNIT. 2ND UNIT WITH 1 BEDROOM 1 CAR ATTACHED GARAGE. BOTH UNITS HAVE STOVE AND REFRIGERATORS, WALL TO WALL CARPETS. DRIVE BY AND MAKE A APPOINTMENT WITH YOUR AGENT. DO NOT DISTURB TENENTS.

Last Agent to Sell the Property

Maxine Dumas

Dumas & Company License #70016021 Listed on: 06/21/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,617

Year Built

  • 1958

Lot Details

  • 3,615

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $21,000
  • The owner pays for garbage, water

Community Details

Overview

  • 1,520 Sq Ft Building

Building Details

  • Insurance Expense $1,337
  • Trash Expense $593
  • Operating Expense $7,078
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,617

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 55
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Roof, Flood Zone
  • Sale Price Per Sq Ft: 263.16
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1520
  • Stories: 1
  • Laundry: In Some Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Garfield Charter
  • High School: Woodside High
  • High School: 684
  • Elementary School: 633

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3600.00
  • Lot Size Area Min Search: 3600.00
  • Maximum Lot Size: 3600.00

Green Features

  • Energy Features: Insulation - Per Owner, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.43

Multi Family

  • Expense Insurance: 1337
  • Expenses Total: 7078
  • Expense Trash: 593
  • Expense Water Sewer: 1679
  • Income Annual Gross: 21000.00
  • Income Annual Rental: 21000
  • Income Gross Scheduled: 21000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Chan Jason Jia Xi
Bought by
Chan Vivian Lee and Chan Guo Fu
Current Estimated Value
$1,174,037

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 13, 2013
Sold by
Lawhern Densel L
Bought by
Chan Vivian Lee and Chan Guo Fu
Seller's Agent
Maxine Dumas
Dumas & Company
Buyer's Agent
Maxine Dumas
Dumas & Company
List Price
$449,950
Sold Price
$400,000
Premium/Discount to List
-$49,950
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$280,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 7, 2013
Sold by
Li Cary Kaling
Bought by
Chan Jason Jai Xi
Seller's Agent
Maxine Dumas
Dumas & Company
Buyer's Agent
Maxine Dumas
Dumas & Company
List Price
$449,950
Sold Price
$400,000
Premium/Discount to List
-$49,950
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Lawhern Densel L
Bought by
Lawhern Densel L
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
Chan Vivian Lee -- None Available
Chan Vivian Lee $400,000 First American Title Company
Chan Jason Jai Xi -- First American Title Company
Lawhern Densel L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Vivian Lee $250,000
Closed Chan Vivian Lee $280,000
Previous Owner Lawhern Densel L $50,000
Previous Owner Lawhern Densel L $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2013 08/22/13 Sold $400,000 -11.1% $263 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $449,950 -- $296 / 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 $8,617 $490,332 $245,166 $245,166
2023 $8,617 $471,294 $235,647 $235,647
2022 $7,999 $462,054 $231,027 $231,027
2021 $7,890 $452,996 $226,498 $226,498
2020 $7,764 $448,352 $224,176 $224,176
2019 $7,621 $439,562 $219,781 $219,781
2018 $7,284 $430,944 $215,472 $215,472
2017 $6,857 $422,496 $211,248 $211,248
2016 $6,609 $414,212 $207,106 $207,106
2015 $6,358 $407,992 $203,996 $203,996
2014 $6,213 $400,000 $200,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Maxine Dumas

    Seller's Agent in 2013

    Maxine Dumas

    Dumas & Company

    (650) 619-2770

    1 in this area

    69 Total Sales

    Maxine Dumas
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Map

Source: MLSListings

MLS Number: ML81322306

MLSListings

APN: 060-083-270

California San Mateo County Redwood City 94063 North Fair Oaks

280 3rd Ave, Redwood City, CA

This home is located at 280 3rd Ave, Redwood City, CA 94063 since 21 June 2013 and is currently estimated at $1,174,037, approximately $772 per square foot. This property was built in 1958. 280 3rd 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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