NOT LISTED FOR SALE

510 Rivermist Ln Redwood City, CA 94065

Redwood Shores Neighborhood

Estimated Value: $2,138,043 - $2,354,000

3 Beds
2.5 Baths
1,860 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $1,550,000 $833 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,685/month

11 Days on Market

Highlights

  • Loft
  • 1 Fireplace
  • 2 Car Attached Garage
  • Ralston Intermediate School Rated A
  • Open to Family Room
  • Forced Air Heating System

About This Home

As of November 2016

Welcome home to the Newport floor plan at Gossamer Village. This 3 BR, 2.5 BA home boasts 1,860sf of luxury living space and sits on a 2,828sf lot. Located in a peaceful serene setting this home features a light and bright living room dining room combo with high ceilings. There is a gourmet kitchen with breakfast nook and family room with fire place that is just right for relaxing and entertaining. Upstairs are 3 bedrooms including a master bedroom suite with walk in closet, also included upstairs is a loft area that is perfect for a multitude of uses and the possibility of adding an additional bedroom (County records show the house as 4 bedrooms, when built there was an option to add a 4th bedroom where the loft is, buyers should verify for themselves the possibility of adding a 4th bedroom). There is a 2 car attached garage and hardscaped yard with a patio area for outdoor living. Close to schools, Bay Trail, and transportation, this home is in a great community with a lot to offer.

Last Agent to Sell the Property

Stephen Bellingham

Compass License #01428583 Listed on: 10/07/2016

Compass

Last Buyer's Agent

Anna Ow

Coldwell Banker Realty License #01174789

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,955

Year Built

  • Built in 1998

Lot Details

  • 2,831 Sq Ft Lot
  • Zoning described as R10000

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Loft
  • Open to Family Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Gossamer Village Association
  • Built by Gossamer Village

Listing and Financial Details

  • Assessor Parcel Number 095-510-680

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,955

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 1860
  • Complex Name: Gossamer Village
  • Incorporated: Yes
  • Year Built: 1998
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1860
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 171
  • H O A Name Text: Gossamer Village
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 095-510-680
  • Lot Acres: 0.0650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2827.04
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2827.04

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 9, 2016
Sold by
Li Shengyong and Zhang Yanmei
Bought by
Wu Bennie M and Wu Twinky T
Seller's Agent
Stephen Bellingham
Compass
Buyer's Agent
Anna Ow
Coldwell Banker Realty
List Price
$1,488,888
Sold Price
$1,550,000
Premium/Discount to List
$61,112
4.1%
Current Estimated Value
$2,241,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,011
Avg. Annual Appreciation
4.78%
Original Mortgage
$320,000
Outstanding Balance
$151,132
Interest Rate
2.72%
Mortgage Type
Commercial
Estimated Equity
$2,190,760

Purchase Details

Listed on
Jan 12, 2013
Closed on
Feb 15, 2013
Sold by
Lee Charles Cheng and Lee Helena Hong Sun
Bought by
Li Shengyong and Zhang Yanmei
Seller's Agent
Ryan Call
RealtyZoom
Buyer's Agent
Stephen Bellingham
Compass
List Price
$999,990
Sold Price
$1,058,888
Premium/Discount to List
$58,898
5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Lee Charles Cheng
Bought by
Lee Charles Cheng and Lee Helena Hong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
M J Brock & Sons Inc
Bought by
Li Chih Cheng and Sun Wei Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
6.88%
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
Wu Bennie M $1,550,000 Cornerstone Title Company
Li Shengyong $1,059,000 First American Title Company
Lee Charles Cheng -- First American Title
Lee Charles Cheng -- First American Title
Li Chih Cheng $476,809 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Bennie M $320,000
Closed Wu Bennie M $320,000
Previous Owner Lee Charles Cheng $417,000
Previous Owner Lee Helena S $234,700
Previous Owner Lee Charles Cheng $322,700
Previous Owner Lee Charles Cheng $360,000
Previous Owner Li Chih Cheng $381,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $1,550,000 +4.1% $833 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $1,488,888 +40.6% $800 / Sq Ft
02/20/2013 02/20/13 Sold $1,058,888 +5.9% $555 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $999,990 -- $524 / 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 $20,955 $1,798,904 $1,218,612 $580,292
2023 $20,955 $1,729,052 $1,171,293 $557,759
2022 $19,839 $1,695,150 $1,148,327 $546,823
2021 $18,616 $1,661,912 $1,125,811 $536,101
2020 $18,411 $1,644,872 $1,114,268 $530,604
2019 $18,208 $1,612,620 $1,092,420 $520,200
2018 $17,930 $1,581,000 $1,071,000 $510,000
2017 $17,886 $1,550,000 $1,050,000 $500,000
2016 $12,807 $1,101,606 $550,803 $550,803
2015 $12,768 $1,085,060 $542,530 $542,530
2014 $12,269 $1,063,806 $531,903 $531,903
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephen Bellingham

    Compass

    (650) 931-2015

    2 in this area

    6 Total Sales

    Stephen Bellingham
    Section Image

  • A

    Buyer's Agent in 2016

    Anna Ow

    Coldwell Banker Realty

    Section Image

  • R

    Seller's Agent in 2013

    Ryan Call

    RealtyZoom

See All Agents

Map

Source: MLSListings

MLS Number: ML81627587

MLSListings

APN: 095-510-680

California San Mateo County Redwood City 94065 Redwood Shores

510 Rivermist Ln, Redwood City, CA

This home is located at 510 Rivermist Ln, Redwood City, CA 94065 since 07 October 2016 and is currently estimated at $2,241,011, approximately $1,204 per square foot. This property was built in 1998. 510 Rivermist Ln is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Design Tech High School.

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