Seller's Agent in 2021
Christian Siegel
Seven Gables Real Estate
(626) 708-0618
1 in this area
19 Total Sales
422 Luff Ln Redwood City, CA 94065
Redwood Shores NeighborhoodEstimated Value: $2,512,000 - $2,802,000
5
Beds
2.5
Baths
2,340
Sq Ft
$1,161/Sq Ft
Est. Value
Highlights
- Spa
- Reservoir Views
- No HOA
- Ralston Intermediate School Rated A
- Bonus Room
- Den
About This Home
As of October 2021Welcome to one of the most exclusive neighborhoods the Bay Area peninsula has to offer! This quiet, family-oriented part of Redwood Shores is highly coveted and has a storied reputation, delivering safe, suburban living with man-made lagoons, parks, green belts that serve as a conduit into nature reserves and gorgeous views of the bay itself. Tucked away in a private neighborhood, this listing has been well maintained and loved by the same owners for more than 32 years. The home features a bonus room downstairs, two staircases approaching the second story, 5 bedrooms upstairs, a private off-suite patio on the second floor, and a spa in the backyard! Call your trusted buyer's agent or contact us directly to set up an appointment right away as this listing will not last!
*Broker does not guarantee claims regarding square footage for interior or exterior or any material facts regarding the property. Buyer to verify all claims.
Last Agent to Sell the Property
Seven Gables Real Estate License #01959116 Listed on: 09/14/2021
Last Buyer's Agent
Vicky Li
License #01896360
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,611
Year Built
- Built in 1969
Lot Details
- 6,500 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned R10006
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,340 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Den
- Bonus Room
- Reservoir Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Spa
- Patio
Additional Features
- Suburban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 4 / E
- Assessor Parcel Number 095054040
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2021
Closed on
Oct 13, 2021
Sold by
Sotto Margo R and Sotto Emesto M
Bought by
Wang Yuan and Zhang Congle
Seller's Agent
Christian Siegel
Seven Gables Real Estate
Buyer's Agent
Vicky Li
List Price
$2,398,000
Sold Price
$2,450,000
Premium/Discount to List
$52,000
2.17%
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
$266,850
Avg. Annual Appreciation
1.83%
Original Mortgage
$1,960,000
Outstanding Balance
$1,767,427
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$863,796
Purchase Details
Closed on
Aug 22, 2018
Sold by
Sotto Margo R and Sotto Ernesto M
Bought by
Sotto Margo R and Sotto Ernesto M
Purchase Details
Closed on
Nov 27, 2006
Sold by
Sotto Ernesto M and Sotto Margo R
Bought by
Sotto Ernesto M and Sotto Margo R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Wang Yuan | $2,450,000 | Fidelity National Title Co | |
| Sotto Margo R | -- | None Available | |
| Sotto Ernesto M | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Yuan | $1,960,000 | |
| Previous Owner | Sotto Margo R | $840,000 | |
| Previous Owner | Sotto Margo R | $175,000 | |
| Previous Owner | Sotto Ernesto M | $700,000 | |
| Previous Owner | Sotto Margo R | $669,000 | |
| Previous Owner | Sotto Ernesto M | $674,000 | |
| Previous Owner | Sotto Ernesto M | $58,000 | |
| Previous Owner | Sotto Ernesto M | $592,000 | |
| Previous Owner | Sotto Ernesto M | $475,000 | |
| Previous Owner | Sotto Ernesto M | $75,000 | |
| Previous Owner | Sotto Ernesto M | $465,000 | |
| Previous Owner | Sotto Ernesto M | $65,000 | |
| Previous Owner | Sotto Ernesto M | $50,000 | |
| Previous Owner | Sotto Ernie M | $20,000 | |
| Previous Owner | Sotto Ernesto M | $388,000 | |
| Previous Owner | Sotto Ernesto M | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $2,450,000 | +2.2% | $1,047 / Sq Ft |
| 09/14/2021 09/14/21 | For Sale | $2,398,000 | -- | $1,025 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $29,611 | $2,599,957 | $1,582,260 | $1,017,697 |
| 2023 | $29,611 | $2,499,000 | $1,520,820 | $978,180 |
| 2022 | $28,045 | $2,450,000 | $1,491,000 | $959,000 |
| 2021 | $8,026 | $733,316 | $366,658 | $366,658 |
| 2020 | $7,939 | $725,798 | $362,899 | $362,899 |
| 2019 | $7,855 | $711,568 | $355,784 | $355,784 |
| 2018 | $7,703 | $697,616 | $348,808 | $348,808 |
| 2017 | $7,785 | $683,938 | $341,969 | $341,969 |
| 2016 | $7,601 | $670,528 | $335,264 | $335,264 |
| 2015 | $7,582 | $660,458 | $330,229 | $330,229 |
| 2014 | $7,287 | $647,522 | $323,761 | $323,761 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Siegel
-
V
Buyer's Agent in 2021
Vicky Li
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21201710
APN: 095-054-040
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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