NOT LISTED FOR SALE

619 Roosevelt Ave Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $1,518,000 - $1,971,256

4 Beds
2 Baths
1,686 Sq Ft
$984/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $1,430,000 $848 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,487/month

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Woodside High School Rated A
  • Floor Furnace
  • 4-minute walk to Hawes Park

About This Home

As of March 2022

Amazing Investment Opportunity in Redwood City with an ideal location, close to Downtown, schools, parks, and transportation. this duplex sits on a 5,600 square feet lot, the combined units size is 1686 square feet. Both units offer a 2 bedroom, 1 bath, and 1 car detached garage, the garages are converted to rooms/storage area. The front unit is tenant-occupied, the back unit is vacant.

Last Agent to Sell the Property

Samira Chalhoub

Synergy Real Estate Services License #01137335 Listed on: 01/27/2022

Co-Listed By

Pamela Tyson

Compass License #01721213

Last Buyer's Agent

Todd Fernandes

Intero Real Estate Services License #01344583

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,545

Year Built

  • 1949

Lot Details

  • 5,602 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Gas Cooktop
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $24,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,018
  • Utility Expense $400
  • Operating Expense $2,568
  • Gross Income $23,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,545

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • Style: Ranch
  • Age: 73
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1686
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Cooktop - Gas, Refrigerator
  • Living Sq Ft: 1686
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Floor Furnace, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 49.79
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1018
  • Expenses Total: 2568
  • Expenses Utility: 400
  • Income Annual Gross: 23760.00
  • Income Annual Rental: 24000
  • Income Gross Scheduled: 24000
  • Meters: Master Electric, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 1, 2022
Sold by
Patane Family Trust
Bought by
Zhang Tan and Leng Ning
Seller's Agent
Samira Chalhoub
Synergy Real Estate Services
Buyer's Agent
Todd Fernandes
Intero Real Estate Services
List Price
$1,195,000
Sold Price
$1,430,000
Premium/Discount to List
$235,000
19.67%
Current Estimated Value
$1,663,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,660
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,072,500
Outstanding Balance
$1,003,126
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$656,688

Purchase Details

Closed on
Feb 7, 2008
Sold by
Patane Paul J and Patane Caterina L
Bought by
Patane Paul J and Patane Caterina L
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
Zhang Tan $1,430,000 Fidelity National Title
Patane Paul J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Tan $1,072,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,430,000 +19.7% $848 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,195,000 -- $709 / 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 $16,545 $1,517,527 $1,061,208 $456,319
2023 $16,545 $1,458,600 $1,020,000 $438,600
2022 $1,258 $104,965 $32,276 $72,689
2021 $1,170 $102,908 $31,644 $71,264
2020 $1,155 $101,854 $31,320 $70,534
2019 $1,150 $99,857 $30,706 $69,151
2018 $1,140 $97,900 $30,104 $67,796
2017 $1,127 $95,981 $29,514 $66,467
2016 $1,082 $94,100 $28,936 $65,164
2015 $1,045 $92,688 $28,502 $64,186
2014 $1,025 $90,873 $27,944 $62,929
Source: Public Records

Agents Affiliated with this Home

  • Samira Chalhoub

    Seller's Agent in 2022

    Samira Chalhoub

    Synergy Real Estate Services

    (650) 619-7117

    4 in this area

    27 Total Sales

    Section Image
  • Pamela Tyson

    Seller Co-Listing Agent in 2022

    Pamela Tyson

    Compass

    (650) 274-1500

    3 in this area

    62 Total Sales

    Section Image
  • Todd Fernandes

    Buyer's Agent in 2022

    Todd Fernandes

    Intero Real Estate Services

    (408) 888-8711

    1 in this area

    73 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81876047

MLSListings

APN: 053-111-390

California San Mateo County Redwood City 94061 Roosevelt

619 Roosevelt Ave, Redwood City, CA

This home is located at 619 Roosevelt Ave, Redwood City, CA 94061 since 27 January 2022 and is currently estimated at $1,659,814, approximately $984 per square foot. This property was built in 1949. 619 Roosevelt Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Woodside High School.

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