NOT LISTED FOR SALE

530 Shorebird Cir Unit 7106 Redwood City, CA 94065

Redwood Shores Neighborhood

Estimated Value: $1,153,000 - $1,312,000

2 Beds
2 Baths
1,413 Sq Ft
7.45 Acres

Last Sold August 26, 2016

Last sale price $975,000 $690 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,601/month

13 Days on Market

Highlights

  • Horse Property
  • Private Pool
  • Bathtub with Shower
  • Ralston Intermediate School Rated A
  • 7.45 Acre Lot
  • Tile Countertops

About This Home

As of August 2016

This spacious waterfront end unit is located in desirable Redwood Shores. This unit is on the ground floor and has unobstructed water views throughout. The home has 2 spacious bedrooms, large kitchen with ample cabinet space, and is equipped with an in unit laundry closet. The home maintains plentiful natural light throughout the entire house. This unit includes 1 deeded parking space located in a shared garage steps from the front door, and owners can have two additional cars parked in the common area street parking. The home has been recently painted, includes a new dishwasher, range and microwave and has newer flooring in the bedrooms. The HOA includes boat storage, boat docks, 2 swimming pools with spas, clubhouse for entertaining. The complex is within walking distance to Redwood Shores' beautiful library, tennis, parks, trails. Top-rated Belmont-Redwood Shores school district. Easy access to 101 and centrally located between the City and Silicon Valley.

Last Agent to Sell the Property

Mary Zahiralis

KW Bay Area Living License #01929544 Listed on: 07/15/2016

KW Bay Area Living

Last Buyer's Agent

Amol Heda

Century 21 MM License #01330948

Century 21 MM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,485

Year Built

  • Built in 1980

Lot Details

  • 7.45

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,413 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Horse Property

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 111-620-080

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, fencing, garbage, insurance - common area, insurance - liability, insurance - structure, management fee, pool spa or tennis, reserves, water / sewer
  • Mb Management Association
  • Built by Shorebird Solar

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,485

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 1413
  • Complex Name: Shorebird Solar
  • Year Built: 1980
  • Zoning Description: PD0000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 1413
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Spa / Hot Tub
  • Horse Property: Yes
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 527
  • Association Fees Include: Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Management Fee, Pool, Spa, or Tennis, Reserves, Water / Sewer
  • H O A Name Text: MB Management
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 111-620-080
  • Lot Acres: 7.4470
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Lakshman Raju Venkatasubramani and Gaba Neha
Bought by
Lakshman Raju Venkatasubramani and Gaba Neha
Current Estimated Value
$1,204,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Outstanding Balance
$644,753
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$573,274

Purchase Details

Closed on
Aug 13, 2020
Sold by
Lakshman Raju Venkatasubramani and Gaba Neha
Bought by
Lakshman Raju Venkatasubramani and Gaba Neha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2020
Sold by
Lakshman Raju Venkatasubramani and Gaba Neha
Bought by
Lakshman Raju Venkatasubramani and Gaba Neha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2019
Sold by
Lakshman Raju Venkatasubramani and Gaba Neha
Bought by
Lakshman Raju Venkatasubramani and Gaba Neha

Purchase Details

Listed on
Jul 15, 2016
Closed on
Aug 23, 2016
Sold by
Albowicz Joseph M
Bought by
Lakshman Raju and Gaba Neha
Seller's Agent
Mary Zahiralis
KW Bay Area Living
Buyer's Agent
Amol Heda
Century 21 MM
List Price
$924,800
Sold Price
$975,000
Premium/Discount to List
$50,200
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$625,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Silver Lori and Silver Lynne
Bought by
Albowicz Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
Silver Barbara
Bought by
Silver Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
7.97%
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
Lakshman Raju Venkatasubramani -- North American Title Co Inc
Lakshman Raju Venkatasubramani -- North American Title Co Inc
Lakshman Raju Venkatasubramani -- Calatlantic Title Inc
Lakshman Raju Venkatasubramani -- Calatlantic Title Inc
Lakshman Raju Venkatasubramani -- None Available
Lakshman Raju $975,000 Old Republic Title Company
Albowicz Joseph M $515,000 First American Title Company
Silver Barbara -- Old Republic Title Company
Silver Barbara $400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakshman Raju Venkatasubramani $716,000
Closed Lakshman Raju Venkatasubramani $719,000
Closed Lakshman Raju Venkatasubramani $726,000
Closed Lakshman Raju $625,500
Previous Owner Albowicz Joseph M $500,000
Previous Owner Albowicz Joseph W $50,000
Previous Owner Albowicz Joseph M $412,000
Previous Owner Silver Barbara $299,900
Previous Owner Battles Elaine B $223,000
Closed Albowicz Joseph M $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $975,000 +5.4% $690 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $924,800 -- $654 / 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 $12,485 $1,131,565 $339,468 $792,097
2023 $12,485 $1,087,627 $326,287 $761,340
2022 $11,843 $1,066,302 $319,890 $746,412
2021 $11,747 $1,045,395 $313,618 $731,777
2020 $11,623 $1,034,677 $310,403 $724,274
2019 $11,503 $1,014,390 $304,317 $710,073
2018 $11,287 $994,500 $298,350 $696,150
2017 $11,039 $975,000 $292,500 $682,500
2016 $7,016 $618,528 $185,556 $432,972
2015 $6,999 $609,238 $182,769 $426,469
2014 $6,726 $597,305 $179,189 $418,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595404

MLSListings

APN: 111-620-080