NOT LISTED FOR SALE

489 Park St Redwood City, CA 94061

Redwood Oaks Neighborhood

Estimated Value: $1,242,000 - $1,757,383

4 Beds
2 Baths
1,478 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $749,000 $507 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,987/month

21 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • Woodside High School Rated A
  • Wall to Wall Carpet

About This Home

As of October 2014

Duplex Opportunity Plus! Ideal for investor/owner occupant.Desirable Westside.Park like setting at end of tree lined street. Move-in Cond. 2bdr/1ba units incl: kit/ba updates, gas stoves, newer frigs, recent water heaters, partial dual pane windows, new int. paint, updated electric panels, sep. gas/water meters,2 stall covered carport,extra off street parking,Buyer Home Warranty. EZ access Hwy 101

Last Agent to Sell the Property

Barbara Mecham

Mecham Realty License #00978875 Listed on: 09/22/2014

Last Buyer's Agent

Kelly Clarke

Coldwell Banker Realty License #01482834

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,866

Year Built

  • 1952

Lot Details

  • 4,182

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

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

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $37,140

Community Details

Overview

  • 1,478 Sq Ft Building

Building Details

  • Insurance Expense $1,153
  • Maintenance Expense $429
  • Manager Expense $2,140
  • Operating Expense $10,730
  • Gross Income $37,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,866

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 62
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 506.77
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1478
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Garbage Disposal, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 1478
  • Stories: 1
  • Laundry: Gas Hookup, Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4200.00
  • Lot Size Area Min Search: 4200.00
  • Maximum Lot Size: 4200.00

Green Features

  • Energy Features: Insulated Water Heater, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.17

Multi Family

  • Expense Insurance: 1153
  • Expense Maintenance: 429
  • Expense Management: 2140
  • Expenses Total: 10730
  • Income Annual Gross: 37140.00
  • Income Annual Rental: 37140
  • Income Gross Scheduled: 37140
  • 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: Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 16, 2014
Sold by
Jackson David William and Jackson Daniel C
Bought by
Byrne Peter and Fitzpatrick Joanne
Seller's Agent
Barbara Mecham
Mecham Realty
Buyer's Agent
Kelly Clarke
Coldwell Banker Realty
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,510,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,096
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Jackson Janice
Bought by
Jackson David William

Purchase Details

Closed on
Oct 13, 1999
Sold by
Jackson Douglas F
Bought by
Jackson Douglas F
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
Byrne Peter $749,000 North American Title Co Inc
Jackson David William -- None Available
Jackson David William -- None Available
Jackson Douglas F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $749,000 0.0% $507 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $749,000 -- $507 / 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 $9,866 $900,178 $450,089 $450,089
2023 $9,866 $865,224 $432,612 $432,612
2022 $9,263 $848,260 $424,130 $424,130
2021 $9,173 $831,628 $415,814 $415,814
2020 $9,051 $823,102 $411,551 $411,551
2019 $9,018 $806,964 $403,482 $403,482
2018 $8,783 $791,142 $395,571 $395,571
2017 $8,689 $775,630 $387,815 $387,815
2016 $8,541 $760,422 $380,211 $380,211
2015 $8,223 $749,000 $374,500 $374,500
2014 $7,073 $642,898 $321,449 $321,449
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barbara Mecham

    Mecham Realty

    (650) 678-7787

    1 Total Sale

    Barbara Mecham
    Section Image
  • Kelly Clarke

    Buyer's Agent in 2014

    Kelly Clarke

    Coldwell Banker Realty

    (650) 315-5371

    29 Total Sales

    Kelly Clarke
    Section Image
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Map

Source: MLSListings

MLS Number: ML81434497

MLSListings

APN: 053-313-010

California San Mateo County Redwood City 94061 Redwood Oaks

489 Park St, Redwood City, CA

This home is located at 489 Park St, Redwood City, CA 94061 since 22 September 2014 and is currently estimated at $1,510,096, approximately $1,021 per square foot. This property was built in 1952. 489 Park St is a home located in San Mateo County with nearby schools including Henry Ford Elementary School, John F. Kennedy Middle School, and Woodside High School.

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