NOT LISTED FOR SALE

538 Palomar Dr Redwood City, CA 94062

Alder Manor Neighborhood

Estimated Value: $2,940,000 - $3,228,000

3 Beds
3 Baths
1,680 Sq Ft
$1,842/Sq Ft Est. Value

About This Home

This home is located at 538 Palomar Dr, Redwood City, CA 94062 and is currently estimated at $3,095,294, approximately $1,842 per square foot. 538 Palomar Dr is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Clarke Matthew
Bought by
Clarke Living Trust and Clarke
Current Estimated Value
$3,095,294

Purchase Details

Closed on
Aug 15, 2024
Sold by
Akel Claudia
Bought by
Clarke Matthew

Purchase Details

Closed on
Sep 24, 2010
Sold by
Clarke Matthew W
Bought by
Clarke Matthew W and Akel Claudia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2003
Sold by
Teng Min H and Teng Leonora
Bought by
Clarke Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,920
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Teng Min Hua
Bought by
Teng Min H and Teng Leonora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.75%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Taylor Jason 3E
Bought by
Teng Min Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
4.95%

Purchase Details

Closed on
Mar 11, 1997
Sold by
Lundburg Kirk E and Meroney Millicent S
Bought by
Taylor Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.35%

Purchase Details

Closed on
Mar 31, 1994
Sold by
Ponder Curtis P
Bought by
Lundburg Kirk E and Meroney Millicent S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Clarke Living Trust -- None Listed On Document
Clarke Matthew -- None Listed On Document
Clarke Matthew W -- None Available
Clarke Matthew W $1,102,500 Commonwealth Land Title Co
Teng Min H -- Fidelity National Title Co
Teng Min Hua $690,000 Commonwealth Land Title Co
Taylor Jason E $665,000 Commonwealth Land Title Co
Lundburg Kirk E $530,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clarke Matthew W $405,000
Previous Owner Clarke Matthew W $417,000
Previous Owner Clarke Matthew W $250,000
Previous Owner Clarke Matthew W $971,500
Previous Owner Clarke Matthew W $881,920
Previous Owner Teng Min H $560,000
Previous Owner Teng Min H $550,000
Previous Owner Teng Min Hua $552,000
Previous Owner Taylor Jason E $336,000
Previous Owner Taylor Jason E $332,500
Previous Owner Lundburg Kirk E $424,000
Closed Lundburg Kirk E $53,000
Closed Clarke Matthew W $100,000
Source: Public Records

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 $17,000 $1,567,370 $783,685 $783,685
2023 $17,000 $1,506,508 $753,254 $753,254
2022 $15,952 $1,476,970 $738,485 $738,485
2021 $15,795 $1,448,010 $724,005 $724,005
2020 $15,582 $1,433,164 $716,582 $716,582
2019 $15,524 $1,405,064 $702,532 $702,532
2018 $15,116 $1,377,514 $688,757 $688,757
2017 $14,950 $1,350,504 $675,252 $675,252
2016 $14,715 $1,324,024 $662,012 $662,012
2015 $14,163 $1,304,136 $652,068 $652,068
2014 $13,890 $1,278,590 $639,295 $639,295
Source: Public Records

Map

California San Mateo County Redwood City 94062 Alder Manor

538 Palomar Dr, Redwood City, CA

This home is located at 538 Palomar Dr, Redwood City, CA 94062 and is currently estimated at $3,095,294, approximately $1,842 per square foot. 538 Palomar Dr is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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