NOT LISTED FOR SALE

475 Lincoln Ave Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $1,492,000 - $1,612,466

4 Beds
2 Baths
2,060 Sq Ft
$750/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $784,875 $381 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,111/month

21 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property
  • Sequoia High School Rated A
  • Level Lot

About This Home

As of January 2015

Close to downtown RWC; duplex in the Presidential Streets. Needs some TLC. Good fit to live in one and rent out other, or just as income producing property. Both units have spacious 2 bedroom floor plans with attached laundry and 1 car garage for each. Front unit has direct access to garage while back unit enjoys direct access to patio and rear yard. Back unit rent is under market.

Last Agent to Sell the Property

Bryan Jacobs

Realsmart Properties License #01129660 Listed on: 10/31/2014

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,517

Year Built

  • 1954

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Neighborhood Views
  • Oven or Range
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $48,000
  • The owner pays for garbage, water

Community Details

Overview

  • 2,060 Sq Ft Building

Building Details

  • Insurance Expense $1,800
  • Utility Expense $600
  • Trash Expense $480
  • Operating Expense $11,090
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,517

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: RH2
  • Subclass: Duplex
  • Age: 60
  • Inspections Reports: Fault Zone, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2060
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 2060
  • Stories: 1
  • Laundry: Gas Hookup, Laundry Area - In Unit
  • Flooring: Wood

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Hawes Elementary
  • Middle School: John F. Kennedy Middle
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 637
  • Middle School: 646

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4840.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4840.00
  • Lot Size Area Min Search: 4840.00
  • Maximum Lot Size: 4840.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.60

Multi Family

  • Expense Insurance: 1800
  • Expenses Total: 11090
  • Expenses Utility: 600
  • Expense Trash: 480
  • Expense Water Sewer: 720
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Insurance, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Crittenden Howard B
Bought by
Crittenden Howard Baldwin and The Crittenden Revocable Trust
Current Estimated Value
$1,545,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,300
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2019
Sold by
Hazen Todd J and Jacobson Josselyn
Bought by
Hazen Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,300
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2018
Sold by
Crittenden Howard Baldwin and Crittenden Revocable Trust
Bought by
Crittenden Howard Baldwin and Crittenden Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,300
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2015
Sold by
Crittenden Howard B
Bought by
Crittenden Howard Baldwin

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 5, 2015
Sold by
Crittenden Diane Louise
Bought by
Crittenden Howard B
Seller's Agent
Bryan Jacobs
Realsmart Properties
Buyer's Agent
RECIP
Out of Area Office
List Price
$749,000
Sold Price
$784,875
Premium/Discount to List
$35,875
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$585,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 30, 2014
Sold by
Carrara Lino and Carrara P
Bought by
Hanzen Todd J and Crittenden Howard B
Seller's Agent
Bryan Jacobs
Realsmart Properties
Buyer's Agent
RECIP
Out of Area Office
List Price
$749,000
Sold Price
$784,875
Premium/Discount to List
$35,875
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1996
Sold by
Lino Carrara and Lino Phyllis J
Bought by
Carrara Lino and Carrara P
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
Crittenden Howard Baldwin -- None Available
Hazen Todd J -- Lawyers Title Co
Crittenden Howard Baldwin -- Lawyers Title Co
Crittenden Howard Baldwin -- None Available
Crittenden Howard B -- Chicago Title Company
Hanzen Todd J $805,000 Chicago Title Company
Carrara Lino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crittenden Revocable Trust $909,000
Closed Crittenden Howard Baldwin $930,300
Closed Hazan Todd J $565,500
Closed Hanzen Todd J $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2015 01/14/15 Sold $784,875 +4.8% $381 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $749,000 -- $364 / 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 $10,517 $967,480 $483,740 $483,740
2023 $10,517 $929,912 $464,956 $464,956
2022 $9,870 $911,680 $455,840 $455,840
2021 $9,774 $893,804 $446,902 $446,902
2020 $9,642 $884,640 $442,320 $442,320
2019 $9,605 $867,296 $433,648 $433,648
2018 $9,373 $850,292 $425,146 $425,146
2017 $9,270 $833,620 $416,810 $416,810
2016 $9,113 $817,276 $408,638 $408,638
2015 $1,045 $85,690 $33,657 $52,033
2014 $1,027 $84,012 $32,998 $51,014
Source: Public Records

Agents Affiliated with this Home

  • Bryan Jacobs

    Seller's Agent in 2015

    Bryan Jacobs

    Realsmart Properties

    (650) 363-2808

    12 in this area

    152 Total Sales

    Bryan Jacobs
    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81438991

MLSListings

APN: 053-084-020

California San Mateo County Redwood City 94061 Roosevelt

475 Lincoln Ave, Redwood City, CA

This home is located at 475 Lincoln Ave, Redwood City, CA 94061 since 31 October 2014 and is currently estimated at $1,545,617, approximately $750 per square foot. This property was built in 1954. 475 Lincoln Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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