Seller's Agent in 2021
Eric Katz
Katz Inc
(408) 438-0969
1 in this area
41 Total Sales
2917 Curtis Ave Redwood City, CA 94063
North Fair Oaks NeighborhoodEstimated Value: $1,240,000 - $1,351,350
2
Beds
3
Baths
1,320
Sq Ft
$967/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Shed
- Grass Covered Lot
- Woodside High School Rated A
- Tile Flooring
- 1-Story Property
About This Home
As of January 2021**Huge $150K+ Price Reduction!!** Built in 1958, the property has (2) 1BD/1BA units (1) studio on a 3,800 sq/ft lot with a gross livable area of 1,320 sq/ft. This property has fresh paint, new vinyl dual pane windows, new wooden perimeter fence, and new concrete poured around the perimeter with 4 parking spots. Interior amenities include newer tiles(kitchen/bathrooms), crown molding, washer/dryer hookups, and new counters. All units share a common area backyard. The studio unit was fully remodeled last year with modern LVT plank flooring, new baseboards, new tiles in the bathroom/kitchen, new kitchen counter, with all new appliances. The owner achieved a $450 per month increase from previous rents with ease, providing a proof of concept for remaining units. All tenants paid 100% of their rent during the Pandemic. Each unit is metered separately for water and PG&E with its own water heater. The owner is only responsible for property tax, property insurance and any turnover costs!
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,854
Year Built
- 1958
Lot Details
- 3,798 Sq Ft Lot
- Grass Covered Lot
- Back Yard
Home Design
- Triplex
- Slab Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,320 Sq Ft Home
- 1-Story Property
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Granite Countertops
Flooring
- Tile
- Vinyl
Parking
- 4 Parking Spaces
- Uncovered Parking
Outdoor Features
- Shed
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $66,600
- Month-to-Month Lease Term
Community Details
Overview
- 1,320 Sq Ft Building
Building Details
- 3 Leased Units
- Insurance Expense $750
- Maintenance Expense $1,500
- Operating Expense $20,602
- Gross Income $64,602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2020
Closed on
Jan 8, 2021
Sold by
Zaracotas Dean J
Bought by
Ahsan Tanjeem and Rahman Sarah T
Seller's Agent
Eric Katz
Katz Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,350,000
Sold Price
$1,105,000
Premium/Discount to List
-$245,000
-18.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,588
Avg. Annual Appreciation
2.72%
Original Mortgage
$825,000
Outstanding Balance
$739,177
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$512,207
Purchase Details
Closed on
Nov 22, 2019
Sold by
Zaracotas Timoleon and Zaracotas Corinne
Bought by
Zaracotas Dean J
Purchase Details
Closed on
Jun 6, 2018
Sold by
Zaracotas Dean J
Bought by
Zaracotas Dean J and Zaracotas Timoleon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2005
Sold by
Peterson Anthony and Peterson Myrna Romero
Bought by
Zaracotas Dean J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2001
Sold by
Peterson Myrna Romero
Bought by
Peterson Anthony and Peterson Myrna Romero
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.51%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 14, 2001
Sold by
Peterson Anthony
Bought by
Peterson Myrna Romero
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.51%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 13, 2001
Sold by
Villanueva Leonel and Villanueva Indalecia
Bought by
Peterson Myrna Romero
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.51%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 22, 1999
Sold by
Buenrostro Enrique and Buenrostro Ana M
Bought by
Villanueva Leonel and Villanueva Indaleci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
6.87%
Purchase Details
Closed on
Dec 19, 1997
Sold by
Bauck Jean L
Bought by
Buenrostro Enrique and Buensrostro Ana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.16%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ahsan Tanjeem | $1,105,000 | Fidelity National Title Co | |
| Zaracotas Dean J | -- | None Available | |
| Zaracotas Dean J | -- | North American Title Co Inc | |
| Zaracotas Dean J | $620,000 | Commonwealth Land Title Co | |
| Peterson Anthony | -- | -- | |
| Peterson Myrna Romero | -- | First American Title Co | |
| Peterson Myrna Romero | $412,000 | First American Title Co | |
| Villanueva Leonel | $265,000 | Fidelity National Title Co | |
| Buenrostro Enrique | $150,000 | Old Republic Title Ins Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ahsan Tanjeem | $825,000 | |
| Previous Owner | Zaracotas Dean J | $488,000 | |
| Previous Owner | Zaracotas Dean J | $544,000 | |
| Previous Owner | Zaracotas Dean J | $102,000 | |
| Previous Owner | Zaracotas Dean J | $496,000 | |
| Previous Owner | Peterson Anthony | $79,000 | |
| Previous Owner | Peterson Anthony | $50,000 | |
| Previous Owner | Peterson Anthony | $30,000 | |
| Previous Owner | Peterson Anthony | $465,937 | |
| Previous Owner | Peterson Myrna Romero | $329,600 | |
| Previous Owner | Villanueva Leonel | $225,250 | |
| Previous Owner | Buenrostro Enrique | $112,500 | |
| Closed | Peterson Myrna Romero | $41,200 | |
| Closed | Zaracotas Dean J | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2021 01/28/21 | Sold | $1,105,000 | -7.8% | $837 / Sq Ft |
| 12/25/2020 12/25/20 | Pending | -- | -- | -- |
| 12/04/2020 12/04/20 | Price Changed | $1,198,000 | -4.0% | $908 / Sq Ft |
| 10/22/2020 10/22/20 | Price Changed | $1,248,000 | -7.6% | $945 / Sq Ft |
| 09/25/2020 09/25/20 | For Sale | $1,350,000 | -- | $1,023 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $17,854 | $1,196,086 | $865,945 | $330,141 |
| 2023 | $17,854 | $1,149,642 | $832,320 | $317,322 |
| 2022 | $16,619 | $1,127,100 | $816,000 | $311,100 |
| 2021 | $13,075 | $798,400 | $399,200 | $399,200 |
| 2020 | $12,867 | $790,214 | $395,107 | $395,107 |
| 2019 | $12,649 | $774,720 | $387,360 | $387,360 |
| 2018 | $12,034 | $759,530 | $379,765 | $379,765 |
| 2017 | $11,379 | $744,638 | $372,319 | $372,319 |
| 2016 | $11,005 | $730,038 | $365,019 | $365,019 |
| 2015 | $9,705 | $638,000 | $319,000 | $319,000 |
| 2014 | $7,794 | $470,000 | $235,000 | $235,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Katz
-
R
Buyer's Agent in 2021
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81812674
APN: 054-204-130
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