NOT LISTED FOR SALE

510 Cleveland St Redwood City, CA 94062

Roosevelt Neighborhood

Estimated Value: $1,401,000 - $1,755,791

3 Beds
2 Baths
1,640 Sq Ft
$958/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $795,000 $485 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $9,263/month

10 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Level Lot
  • Sequoia High School Rated A

About This Home

As of May 2014

-Perfect Opportunity for Owner Occupier and Investors alike. - Great Westside location walking distance to Whole Foods,Cal Trans,Downtown Redwood City,Red Morton Park and Sequoia Station Shopping Center.Back unit is vacant – ready for occupancy. - Front & Back unit configuration gives the back 2/2 unit privacy ideal for an owner occupier or maximizing rent potential. Parcial Hardwood floors.

Last Agent to Sell the Property

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 04/25/2014

Gilmartin Group

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,671

Year Built

  • 1949

Lot Details

  • 4,487

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $47,700
  • The owner pays for garbage, water

Community Details

Overview

  • 1,640 Sq Ft Building

Building Details

  • Insurance Expense $1,363
  • Utility Expense $4,858
  • Operating Expense $11,725
  • Gross Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,671

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 65
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 484.76
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1640
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 1640
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • 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: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4500.00
  • Lot Size Area Min Search: 4500.00
  • Maximum Lot Size: 4500.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.46

Multi Family

  • Expense Insurance: 1363
  • Expenses Total: 11725
  • Expenses Utility: 4858
  • Income Annual Gross: 47700.00
  • Income Annual Rental: 47700
  • Income Gross Scheduled: 47700
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2018
Sold by
Liu Pi Hsuan
Bought by
Pihsuan Liu Revocable Living Trust
Current Estimated Value
$1,571,698

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 14, 2014
Sold by
Olson Carl and Olson Cynthia
Bought by
Liu Pi Hsuan
Seller's Agent
Paul Beaudreau
Gilmartin Group
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$775,000
Sold Price
$795,000
Premium/Discount to List
$20,000
2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Kuhn Ardith and Stanton Mace G
Bought by
Olson Carl and Olson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 27, 2006
Sold by
Kuhn Ardith
Bought by
Kuhn Ardith and Stanton Mace G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
11.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Kuhn Ardith
Bought by
Kuhn Ardith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Kuhn Ardith
Bought by
Kuhn Ardith

Purchase Details

Closed on
Sep 16, 2003
Sold by
Kuhn Ardith
Bought by
Kuhn Ardith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.12%
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
Pihsuan Liu Revocable Living Trust -- None Available
Liu Pi Hsuan $795,000 Fidelity National Title Co
Olson Carl $730,000 First American Title Company
Kuhn Ardith -- New Century Title Company Or
Kuhn Ardith -- North American Title Co
Kuhn Ardith -- North American Title Co
Kuhn Ardith -- --
Kuhn Ardith -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Carl $500,000
Previous Owner Kuhn Ardith $446,500
Previous Owner Kuhn Ardith $360,000
Previous Owner Kuhn Ardith $315,000
Previous Owner Kuhn Ardith $265,000
Previous Owner Kuhn Ardith $200,022
Previous Owner Kuhn Ardith $145,000
Previous Owner Kuhn Ardith $105,000
Previous Owner Kuhn Ardith $89,000
Previous Owner Kuhn Ardith $65,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $795,000 +2.6% $485 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $775,000 -- $473 / 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 $10,671 $974,553 $668,092 $306,461
2023 $10,671 $936,711 $642,150 $294,561
2022 $10,018 $918,345 $629,559 $288,786
2021 $9,921 $900,339 $617,215 $283,124
2020 $9,788 $891,108 $610,887 $280,221
2019 $9,752 $873,636 $598,909 $274,727
2018 $9,517 $856,507 $587,166 $269,341
2017 $9,415 $839,713 $575,653 $264,060
2016 $9,257 $823,249 $564,366 $258,883
2015 $8,913 $810,884 $555,889 $254,995
2014 $8,774 $797,839 $546,466 $251,373
Source: Public Records

Agents Affiliated with this Home

  • Paul Beaudreau

    Seller's Agent in 2014

    Paul Beaudreau

    Gilmartin Group

    (650) 302-6329

    29 Total Sales

    Paul Beaudreau
    Section Image

  • J

    Buyer's Agent in 2014

    Juliana Lee

    Keller Williams Palo Alto

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Map

Source: MLSListings

MLS Number: ML81413886

MLSListings

APN: 053-032-100

California San Mateo County Redwood City 94062 Roosevelt

510 Cleveland St, Redwood City, CA

This home is located at 510 Cleveland St, Redwood City, CA 94062 since 25 April 2014 and is currently estimated at $1,571,698, approximately $958 per square foot. This property was built in 1949. 510 Cleveland St is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

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