NOT LISTED FOR SALE

2800 Devonshire Ave Redwood City, CA 94063

North Fair Oaks Neighborhood

Estimated Value: $903,000 - $1,204,560

2 Beds
2 Baths
1,140 Sq Ft
$907/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $860,000 $754 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,787/month

70 Days on Market

Highlights

  • Tandem Parking
  • Woodside High School Rated A
  • 1-Story Property

About This Home

As of June 2020

($54,000 PRICE REDUCTION ). 2 units with 2 different addresses on the same parcel:..2800 Devonshire Ave, (1 bed / 1 ) bath and 140 Dumbarton Ave (1 Bed/1 Bath). ---Great Location, Borderline Atherton and only 5 miles away to Stanford ( Shopping Center and University).------BUY AS AN OWNER OCCUPIED: With 20% Down payment, PITI = $4267month ( - Rental Income 2115) = $2152 / month is your actual cost - 1988 /mth is paid towards your principal = 163.11 /mth. Your Net Cost of Living in the property = $163 / month.---------BUY AS AN INVESTOR: 25% Down payment , Total rental Income = $ 2300 + $2115 = $4415. Your PITI = $4160, = $ 255 /mth/ positive income - 64 /mth garbage = 191 net positive income and start building $1864 / month equity immediately. + appreciation value in the life time of the loan. ACT NOW. IT'S A NO BRAINER.

Last Agent to Sell the Property

Ali Talab

Alliance Bay Realty License #01299916 Listed on: 03/01/2020

Alliance Bay Realty

Last Buyer's Agent

Joey Oliva

Omarshall, Inc License #02066937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,488

Year Built

  • 1951

Lot Details

  • 3,598 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • No Garage
  • Tandem Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $51,600

Community Details

Overview

  • 1,140 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,440
  • Maintenance Expense $1,000
  • Trash Expense $768
  • Operating Expense $13,995
  • Gross Income $50,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,488

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R300S5
  • Subclass: Duplex
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1140
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Living Sq Ft: 1140
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, No Garage, Tandem Parking, Uncovered Parking

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.0826
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.34
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1440
  • Expense Maintenance: 1000
  • Expenses Total: 13995
  • Expense Trash: 768
  • Income Annual Gross: 50052.00
  • Income Annual Rental: 51600
  • Income Gross Scheduled: 51600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Tz Ventures Llc
Bought by
Huang Yun and Wang Yang
Current Estimated Value
$1,034,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$620,352
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
$414,038

Purchase Details

Closed on
Dec 21, 2020
Sold by
Zalpuri Tushar and Taleghani Ryan
Bought by
Zalpuri Tushar and Taleghani Ryan

Purchase Details

Listed on
Mar 1, 2020
Closed on
May 21, 2020
Sold by
Garg Atul and Garg Ewa
Bought by
Taleghani Ryan and Zalpuri Tushar
Seller's Agent
Ali Talab
Alliance Bay Realty
Buyer's Agent
Joey Oliva
Omarshall, Inc
List Price
$949,000
Sold Price
$860,000
Premium/Discount to List
-$89,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$688,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2015
Closed on
Sep 2, 2015
Sold by
Brautigam Richard
Bought by
The Atul & Eva Garg Revocable Trust and Garg Ewa
Seller's Agent
David Tapper
Coldwell Banker Realty
Buyer's Agent
Dennis Murphy
Coldwell Banker Realty
List Price
$599,000
Sold Price
$685,000
Premium/Discount to List
$86,000
14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$349,250
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2006
Sold by
Brautigam Verna
Bought by
Brautigam Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Interest Rate
6.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 7, 2006
Sold by
Campbell Violet M
Bought by
Brautigam Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Interest Rate
6.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2000
Sold by
Devincenzi Gilbert L and Baltzer Lynne K
Bought by
Campbell Donald J and Campbell Violet M
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
Huang Yun $900,000 Wfg National Title
Zalpuri Tushar -- None Available
Taleghani Ryan $860,000 Fidelity National Title Co
The Atul & Eva Garg Revocable Trust $685,000 North American Title Co Inc
Brautigam Richard -- Financial Title Company
Brautigam Richard $643,000 Financial Title Company
Campbell Donald J $380,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yun $630,000
Previous Owner Taleghani Ryan $688,000
Previous Owner The Atul & Eva Garg Revocable Trust $349,250
Previous Owner Brautigam Richard $443,000
Previous Owner Devincenzi Gilbert L $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $860,000 -3.9% $754 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/05/2020 04/05/20 Price Changed $895,000 -5.7% $785 / Sq Ft
03/01/2020 03/01/20 For Sale $949,000 +38.5% $832 / Sq Ft
09/04/2015 09/04/15 Sold $685,000 +14.4% $601 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $599,000 -- $525 / 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 $13,488 $918,000 $759,900 $158,100
2023 $13,488 $904,012 $588,659 $315,353
2022 $12,568 $886,287 $577,117 $309,170
2021 $12,415 $868,909 $565,801 $303,108
2020 $10,941 $741,465 $692,756 $48,709
2019 $10,788 $726,927 $679,173 $47,754
2018 $10,367 $712,674 $665,856 $46,818
2017 $9,906 $698,700 $652,800 $45,900
2016 $9,616 $685,000 $640,000 $45,000
2015 $8,138 $572,000 $286,000 $286,000
2014 $5,996 $380,000 $190,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Ali Talab

    Seller's Agent in 2020

    Ali Talab

    Alliance Bay Realty

    (408) 858-9300

    13 Total Sales

    Section Image
  • Joey Oliva

    Buyer's Agent in 2020

    Joey Oliva

    Omarshall, Inc

    (917) 359-5374

    48 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    David Tapper

    Coldwell Banker Realty

    Section Image

  • D

    Buyer's Agent in 2015

    Dennis Murphy

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81784835

MLSListings

APN: 054-282-240

California San Mateo County Redwood City 94063 North Fair Oaks

2800 Devonshire Ave, Redwood City, CA

This home is located at 2800 Devonshire Ave, Redwood City, CA 94063 since 01 March 2020 and is currently estimated at $1,034,390, approximately $907 per square foot. This property was built in 1951. 2800 Devonshire 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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