NOT LISTED FOR SALE

571 Lancaster Way Redwood City, CA 94062

Farm Hill Neighborhood

Estimated Value: $1,529,000 - $1,798,000

2 Beds
1 Bath
980 Sq Ft
$1,727/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $1,536,000 $1,567 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,695/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating System
  • 1-Story Property
  • Roy Cloud Elementary School Rated A-

About This Home

As of June 2021

Located on a wonderful tree-lined street in the desirable Farm Hill neighborhood and within the coveted Roy Cloud school district, this absolutely adorable home is move-in ready. Stylish, just-completed updates include new flooring throughout, and a gorgeous kitchen complete with quartz countertops, subway tiles, refaced cabinets and new stainless steel appliances. The sunny dining room, open to the kitchen, allows for all types of family gatherings. A bonus room offers space for a home office. The large, verdant backyard, complete with a tiki bar, is an ideal spot for entertaining and a perfect for gardener with thriving vegetable beds, pomegranate, orange, apple, key lime, and lemon trees. This home has been lovingly maintained and renovated. Great storage, EV charger. Just minutes to highway 280, Stanford University and all of the great parks and thriving downtown Redwood City offers.

Last Agent to Sell the Property

Mandy Montoya

Compass License #01911643 Listed on: 05/20/2021

Compass

Co-Listed By

Monica Corman

Compass License #01111473

Last Buyer's Agent

OWN Real Estate

Own Real Estate License #70010079

Own Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,680

Year Built

  • 1948

Lot Details

  • 5,998

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Additional Features

  • 5,998 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,680

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 980
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 16, 2021
Sold by
Beers Keith and Beers Megan
Bought by
Kim Jee Soo and Fu James L
Seller's Agent
Mandy Montoya
Compass
Buyer's Agent
OWN Real Estate
Own Real Estate
List Price
$1,295,000
Sold Price
$1,536,000
Premium/Discount to List
$241,000
18.61%
Current Estimated Value
$1,692,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,674
Avg. Annual Appreciation
2.35%
Original Mortgage
$1,216,000
Outstanding Balance
$1,105,721
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$586,953

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 7, 2016
Sold by
Warren Douglas and Muttu Karen
Bought by
Beers Keith and Beers Megan
Seller's Agent
Jaime Jones
Intero Real Estate Services
Buyer's Agent
Monica Corman
Compass
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$892,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Merslich Linda
Bought by
Warren Douglas and Muttu Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2004
Sold by
Sommer Kyang Kay
Bought by
Sommer Kyang Kay
Source: Public Records

Range of Values:

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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
Kim Jee Soo $1,536,000 Lawyers Title Company
Beers Keith $1,050,000 Lawyers Title Company
Warren Douglas $610,000 Fidelity National Title Co
Sommer Kyang Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jee Soo $1,216,000
Previous Owner Beers Keith $892,500
Previous Owner Warren Douglas $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,536,000 +18.6% $1,567 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,295,000 +23.3% $1,321 / Sq Ft
06/24/2016 06/24/16 Sold $1,050,000 +5.1% $1,071 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $999,000 -- $1,019 / 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 $17,680 $1,668,979 $1,298,917 $370,062
2023 $17,680 $1,485,000 $1,156,000 $329,000
2022 $18,065 $1,566,720 $1,224,000 $342,720
2021 $12,535 $1,148,326 $1,001,779 $146,547
2020 $12,366 $1,136,552 $991,507 $145,045
2019 $12,320 $1,114,267 $972,066 $142,201
2018 $11,996 $1,092,419 $953,006 $139,413
2017 $11,865 $1,071,000 $934,320 $136,680
2016 $7,058 $634,540 $317,270 $317,270
2015 $6,795 $625,010 $312,505 $312,505
2014 $6,679 $612,768 $306,384 $306,384
Source: Public Records

Agents Affiliated with this Home

  • Mandy Montoya

    Seller's Agent in 2021

    Mandy Montoya

    Compass

    (650) 250-4517

    2 in this area

    43 Total Sales

    Mandy Montoya
    Section Image
  • Monica Corman

    Seller Co-Listing Agent in 2021

    Monica Corman

    Compass

    (650) 543-1164

    1 in this area

    35 Total Sales

    Monica Corman
    Section Image

  • O

    Buyer's Agent in 2021

    OWN Real Estate

    Own Real Estate

    Section Image

  • J

    Seller's Agent in 2016

    Jaime Jones

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81844862

MLSListings

APN: 058-296-230

California San Mateo County Redwood City 94062 Farm Hill

571 Lancaster Way, Redwood City, CA

This home is located at 571 Lancaster Way, Redwood City, CA 94062 since 20 May 2021 and is currently estimated at $1,692,674, approximately $1,727 per square foot. This property was built in 1948. 571 Lancaster Way is a home located in San Mateo County with nearby schools including Roy Cloud Elementary School, John F. Kennedy Middle School, and Woodside High School.

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