NOT LISTED FOR SALE

3137 Bay Rd Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,405,000 - $1,977,571

4 Beds
2 Baths
1,610 Sq Ft
$995/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $920,000 $571 Per Sq Ft

21 Days on Market

About This Home

As of June 2015

TWO UNITS. Wonderful investment opportunity. Plenty of upside potential. Rents are below market. Both units are 2 bedroom, 1 bath. Updated kitchens & bathrooms. Metered separately. Shared laundry with coin operated machines. 2 car garage for one unit & 1 car garage for the other. Minutes from Facebook, Stanford, Google campuses and Silicon Valley.

Last Agent to Sell the Property

Jaime Gonzalez

Gonzalez Properties License #01126649 Listed on: 04/17/2015

Last Buyer's Agent

Jaime Gonzalez

Gonzalez Properties License #01126649 Listed on: 04/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,202

Year Built

  • 1937

Lot Details

  • 6,011

Parking

  • 3 Car Garage

Home Design

  • 1,610 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Oven or Range
  • 6,011 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

  • 1,610 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $900
  • Insurance Expense $950
  • Operating Expense $9,293
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,202

Year Built

1937

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 78
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1610
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1610

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Enclosed

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.80
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 950
  • Expense Landscape: 900
  • Expenses Total: 9293
  • Income Annual Gross: 50400.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 50400
  • Income Includes: Laundry
  • Income Other: 2400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Escatel Salvador and Sanchez Maria D
Bought by
Escatel Salvador and Sanchez Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$242,320
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jun 11, 2015
Sold by
Gonzalez Romero Emma L and Romero Albert
Bought by
Escatel Salvador and Sanchez Maria D
Seller's Agent
Jaime Gonzalez
Gonzalez Properties
Buyer's Agent
Jaime Gonzalez
Gonzalez Properties
List Price
$998,000
Sold Price
$920,000
Premium/Discount to List
-$78,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Howland Betty J
Bought by
Gonzalez Romero Emma L and Romero Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2009
Sold by
Equity Growth Asset Management
Bought by
Gonzalez Romero Emma L and Romero Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2009
Sold by
Meza Juan C and Hernandez Veronica
Bought by
Equity Growth Asset Management

Purchase Details

Closed on
Jan 11, 2007
Sold by
Cruz Ruben
Bought by
Meza Juan C and Hernandez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 26, 2003
Sold by
Felchle Linda E
Bought by
Cruz Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Licona Maria Patricia
Bought by
Cruz Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Escatel Salvador $675,000 Fidelity National Title Co
Escatel Salvador $920,000 Chicago Title Company
Gonzalez Romero Emma L -- Chicago Title Co
Gonzalez Romero Emma L $550,000 Old Republic Title Company
Equity Growth Asset Management $340,500 None Available
Meza Juan C $850,000 Ticor Title Company Of Ca
Cruz Ruben $590,000 Commonwealth Land Title Co
Cruz Ruben -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escatel Salvador $315,000
Previous Owner Escatel Salvador $470,000
Previous Owner Escatel Salvador $470,000
Previous Owner Gonzalez Romero Emma L $423,750
Previous Owner Gonzalez Romero Emma L $440,000
Previous Owner Meza Juan C $170,000
Previous Owner Meza Juan C $680,000
Previous Owner Cruz Ruben $55,000
Previous Owner Cruz Ruben $30,000
Previous Owner Cruz Ruben $558,750
Previous Owner Cruz Ruben $472,000
Closed Cruz Ruben $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $920,000 -7.8% $571 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $998,000 -- $620 / 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 $14,202 $1,105,694 $552,847 $552,847
2023 $14,202 $1,062,760 $531,380 $531,380
2022 $13,303 $1,041,922 $520,961 $520,961
2021 $13,133 $1,021,494 $510,747 $510,747
2020 $12,922 $1,011,020 $505,510 $505,510
2019 $12,821 $991,198 $495,599 $495,599
2018 $12,383 $971,764 $485,882 $485,882
2017 $11,926 $952,710 $476,355 $476,355
2016 $11,631 $934,030 $467,015 $467,015
2015 $7,685 $590,712 $295,356 $295,356
2014 $7,502 $579,142 $289,571 $289,571
Source: Public Records

Agents Affiliated with this Home

  • Jaime Gonzalez

    Seller's Agent in 2015

    Jaime Gonzalez

    RE/MAX

    (650) 779-7307

    5 in this area

    58 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81460443

MLSListings

APN: 055-053-140

California San Mateo County Redwood City 94063 Friendly Acres

3137 Bay Rd, Redwood City, CA

This home is located at 3137 Bay Rd, Redwood City, CA 94063 since 17 April 2015 and is currently estimated at $1,602,143, approximately $995 per square foot. This property was built in 1937. 3137 Bay Rd is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes