NOT LISTED FOR SALE

503 Fox Ct W Unit 509 Redwood City, CA 94061

Redwood Oaks Neighborhood

Estimated Value: $2,110,000 - $2,499,514

7 Beds
6 Baths
5,300 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $1,250,000 $236 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $14,012/month

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Level Lot
  • Woodside High School Rated A
  • Forced Air Heating System

About This Home

As of September 2013

Triplex - fixer-upper. New roof, some new windows, some new fences.

Last Agent to Sell the Property

Jeri Richardson-Daines

Sequoia Realty Services License #01461819 Listed on: 09/27/2013

Last Buyer's Agent

Laura Bertolacci

Golden Gate Sotheby's International Realty License #00868180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,714

Year Built

  • 1966

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $88,200
  • The owner pays for garbage, water

Community Details

Overview

  • 5,300 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Operating Expense $20,055
  • Gross Income $88,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,714

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 47
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 235.85
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 5300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 5300
  • Stories: 2
  • Laundry: In Garage, In Some Units
  • Flooring: Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9963.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9963.00
  • Lot Size Area Min Search: 9963.00
  • Maximum Lot Size: 9963.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.17

Multi Family

  • Expense Insurance: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 20055
  • Expense Water Sewer: 4500
  • Income Annual Gross: 88200.00
  • Income Annual Rental: 88200
  • Income Gross Scheduled: 88200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Services - Sewer
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2015
Sold by
Merslich Robert J and Mershlich Linda M
Bought by
The Merslich Family Trust and Merslich Linda M
Current Estimated Value
$2,368,379

Purchase Details

Listed on
Sep 27, 2013
Closed on
Sep 20, 2013
Sold by
Richardson Willis Richard and Richardson Esther Lavonne
Bought by
Merslich Robert J and Merslich Linda M
Seller's Agent
Jeri Richardson-Daines
Sequoia Realty Services
Buyer's Agent
Laura Bertolacci
Golden Gate Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$875,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2013
Closed on
Sep 4, 2013
Sold by
Richardson Willis Richard and Richardson Esther Lavonne
Bought by
Richardson Willis Richard and Richardson Esther Lavonne
Seller's Agent
Jeri Richardson-Daines
Sequoia Realty Services
Buyer's Agent
Laura Bertolacci
Golden Gate Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2010
Sold by
Bryant Stephen
Bought by
Richardson Willis Richard and Richardson Esther Lavonne

Purchase Details

Closed on
Nov 21, 2008
Sold by
Schmidt Alfred and Schmidt Tina
Bought by
Bryant Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2008
Sold by
Bryant Robin N
Bought by
Bryant Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Masini Gene Richard and Masini Roger W
Bought by
Schmidt Alfred and Schmidt Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2003
Sold by
Masini Gene Richard and Masini Roger W
Bought by
Masini Gene Richard and Masini Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2003
Sold by
Masini Gene Richard and Masini Roger W
Bought by
Masini Gene Richard and Masini Roger W
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
The Merslich Family Trust -- None Available
Merslich Robert J $1,250,000 First American Title Company
Richardson Willis Richard -- First American Title Company
Richardson Willis Richard $500 First American Title Company
Bryant Stephen $139,000 First American Title Company
Bryant Stephen -- First American Title Company
Schmidt Alfred $1,270,000 Fidelity National Title
Masini Gene Richard -- Financial Title Company
Masini Gene Richard -- Financial Title Company
Masini Gene Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merslich Robert J $967,950
Closed Merslich Robert J $875,000
Previous Owner Bryant Stephen $150,000
Previous Owner Schmidt Alfred $139,000
Previous Owner Schmidt Alfred $1,016,000
Previous Owner Masini Gene Richard $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $1,250,000 0.0% $236 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $1,250,000 -- $236 / 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 $16,714 $1,532,320 $1,225,859 $306,461
2023 $16,714 $1,472,819 $1,178,258 $294,561
2022 $15,688 $1,443,941 $1,155,155 $288,786
2021 $15,535 $1,415,629 $1,132,505 $283,124
2020 $15,327 $1,401,114 $1,120,893 $280,221
2019 $15,271 $1,373,642 $1,098,915 $274,727
2018 $14,872 $1,346,709 $1,077,368 $269,341
2017 $14,711 $1,320,304 $1,056,244 $264,060
2016 $14,480 $1,294,417 $1,035,534 $258,883
2015 $13,939 $1,274,975 $1,019,980 $254,995
2014 -- $1,250,000 $1,000,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeri Richardson-Daines

    Sequoia Realty Services

    Section Image

  • L

    Buyer's Agent in 2013

    Laura Bertolacci

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81335869

MLSListings

APN: 059-125-100

California San Mateo County Redwood City 94061 Redwood Oaks

503 Fox Ct W Unit 509, Redwood City, CA

This home is located at 503 Fox Ct W Unit 509, Redwood City, CA 94061 since 27 September 2013 and is currently estimated at $2,368,379, approximately $446 per square foot. This property was built in 1966. 503 Fox Ct W Unit 509 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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