NOT LISTED FOR SALE

5 Megans Ln Redwood City, CA 94062

Estimated Value: $2,266,000 - $3,105,094

4 Beds
2.5 Baths
3,212 Sq Ft
$827/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $1,750,000 $545 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,277/month

57 Days on Market

Highlights

  • Wood Burning Stove
  • Vaulted Ceiling
  • Farmhouse Style Home
  • Forest View
  • Wood Flooring
  • Bonus Room

About This Home

As of September 2017

This lovingly built and maintained country home exhibits the best of all worlds with its unique design and features, modern amenities, inviting flowing floor plan and beautiful natural setting. The many custom windows through-out the home draw in the natural environment in a very pleasing way. High-quality materials and attention to detail are found through-out. Approximately 3200 square feet with 3 bedrooms and 2.5 bathrooms plus office currently used as 4th bedroom. County shows 3 bedroom with den. .83 acre. Great room farm kitchen with huge pantry and access to the large deck. Outdoor entertaining under the trees. 2 car garage and basement bonus room.

Last Agent to Sell the Property

Karin Bird

Compass License #00929166 Listed on: 06/07/2017

Compass

Co-Listed By

Scott Hayes

Compass License #01401243

Last Buyer's Agent

Roland Watkins

Aaron Gold REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,698

Year Built

  • Built in 2002

Lot Details

  • 0.84 Acre Lot
  • Zoning described as R10000

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Forest
  • Neighborhood

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Stove
  • Family Room with Fireplace
  • Family or Dining Combination
  • Den
  • Bonus Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Zoned Heating
  • Water Storage
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 067-060-400

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,698

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Farm House
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 3212
  • Incorporated: Yes
  • Year Built: 2002
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 3212
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Flooring: Wood
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Laundry Room, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s)
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Aluminum Over Tar, Composition
  • View: Forest / Woods, Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Guest / Visitor Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Individual Room Controls, Stove - Wood
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Cabrillo Unified

Lot Info

  • Parcel Number: 067-060-400
  • Lot Acres: 0.8420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 36678.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 36678.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 28, 2017
Sold by
Swanson Murray Alexander and Swanson Nathalie
Bought by
Thompson Eric B and Espinoza Javier
Seller's Agent
Karin Bird
Compass
Buyer's Agent
Roland Watkins
Aaron Gold REALTORS
List Price
$1,825,000
Sold Price
$1,750,000
Premium/Discount to List
-$75,000
-4.11%
Current Estimated Value
$2,655,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$905,524
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,400,000
Outstanding Balance
$1,165,930
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,417,755

Purchase Details

Closed on
Apr 6, 2015
Sold by
Swanson Murray Alexander and Swanson Nathalie
Bought by
Swanson Family Revocable Trust

Purchase Details

Closed on
Sep 6, 2012
Sold by
Swanson Murray Alexander
Bought by
Swanson Murray Alexander and Swanson Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2001
Sold by
Singleton William R
Bought by
Swanson Murray Alexander and Swanson Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1995
Sold by
Megans Lane Joint Venture #1
Bought by
Singleton William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage
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
Thompson Eric B $1,750,000 Lawyers Title Company
Swanson Family Revocable Trust -- None Available
Swanson Murray Alexander -- None Available
Swanson Murray Alexander -- Accommodation
Swanson Murray Alexander -- Long Beach Title Plant
Swanson Murray Alexander $378,500 Old Republic Title Company
Singleton William R $184,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Eric B $1,400,000
Previous Owner Swanson Murray Alexander $625,500
Previous Owner Swanson Murray Alexander $36,000
Previous Owner Swanson Murray Alexander $680,000
Previous Owner Swanson Murray Alexander $685,000
Previous Owner Swanson Murray Alexander $687,000
Previous Owner Swanson Murray Alexander $633,000
Previous Owner Swanson Murray $100,000
Previous Owner Swanson Murray Alexander $650,000
Previous Owner Singleton William R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $1,750,000 -2.7% $545 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $1,799,000 -1.4% $560 / Sq Ft
06/07/2017 06/07/17 For Sale $1,825,000 -- $568 / 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 $21,698 $1,991,196 $995,598 $995,598
2023 $21,698 $1,913,878 $956,939 $956,939
2022 $20,746 $1,876,352 $938,176 $938,176
2021 $20,362 $1,839,562 $919,781 $919,781
2020 $20,361 $1,820,700 $910,350 $910,350
2019 $20,515 $1,785,000 $892,500 $892,500
2018 $19,193 $1,750,000 $875,000 $875,000
2017 $13,082 $1,172,788 $491,420 $681,368
2016 $12,920 $1,149,793 $481,785 $668,008
2015 $12,614 $1,132,523 $474,549 $657,974
2014 $12,270 $1,110,340 $465,254 $645,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81654907

MLSListings

APN: 067-060-400