NOT LISTED FOR SALE

40 Palomar Oaks Ln Redwood City, CA 94062

Alder Manor Neighborhood

Estimated Value: $4,112,170 - $5,172,000

5 Beds
6 Baths
4,740 Sq Ft
$951/Sq Ft Est. Value

About This Home

This home is located at 40 Palomar Oaks Ln, Redwood City, CA 94062 and is currently estimated at $4,509,043, approximately $951 per square foot. 40 Palomar Oaks Ln is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2011
Sold by
Cheng Cecil and Cheng Regina N
Bought by
Lo Jack
Current Estimated Value
$4,509,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$918,142
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,590,901

Purchase Details

Closed on
Jul 7, 2008
Sold by
City National Bank
Bought by
Cheng Cecil and Cheng Regina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
A/Cf Redwood I Llc
Bought by
City National Bank
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.

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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.

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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.

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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.

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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
Lo Jack $2,000,000 First American Title Company
Cheng Cecil $2,075,000 Fidelity National Title Co
City National Bank $2,025,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Jack $1,400,000
Previous Owner Cheng Cecil $1,245,000
Source: Public Records

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 $29,083 $2,512,102 $1,256,051 $1,256,051
2023 $29,083 $2,414,556 $1,207,278 $1,207,278
2022 $27,270 $2,367,212 $1,183,606 $1,183,606
2021 $26,995 $2,320,798 $1,160,399 $1,160,399
2020 $26,629 $2,297,002 $1,148,501 $1,148,501
2019 $26,512 $2,251,964 $1,125,982 $1,125,982
2018 $25,767 $2,207,808 $1,103,904 $1,103,904
2017 $25,419 $2,164,518 $1,082,259 $1,082,259
2016 $24,980 $2,122,078 $1,061,039 $1,061,039
2015 $24,018 $2,090,204 $1,045,102 $1,045,102
2014 $23,505 $2,049,260 $1,024,630 $1,024,630
Source: Public Records

Map

California San Mateo County Redwood City 94062 Alder Manor

40 Palomar Oaks Ln, Redwood City, CA

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