NOT LISTED FOR SALE

Estimated Value: $1,466,000 - $1,887,642

2 Beds
2 Baths
1,380 Sq Ft
$1,235/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $1,400,000 $1,014 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,673/month

16 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • 2 Car Detached Garage
  • Sequoia High School Rated A
  • Balcony
  • Laundry Room

About This Home

As of August 2019

Beautifully Updated Duplex in Prime Redwood City Location! Two large one bedroom units. Front unit with spacious living room and gleaming hardwood floors. Kitchen with granite counter tops and newer cabinets. Separate dining area off kitchen. Remodeled bath with shower over tub. Large bedroom with hardwood floors and spacious closet. Tons of natural light throughout. Fenced private front patio. Back unit also with large living room and beautiful hardwood floors. Open kitchen with newer cabinets, granite counter tops and high end stainless appliances. Dining area off kitchen. Built-in bookcase in hallway. Large bedroom with hardwood floors and spacious closet. Central forced air heat, air conditioning and dual pane windows plus separate laundry rooms for each unit. Two car detached garage with separate private space for each property. Huge back yard with raised planters and large patio. Steps to Red Morton park. Close to transportation, shopping and bustling Downtown Redwood City.

Last Agent to Sell the Property

Greg Garcia

Sequoia Realty Services License #01009536 Listed on: 06/14/2019

Sequoia Realty Services

Last Buyer's Agent

Sean Chen

Intero Real Estate Services License #02022634

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,692

Year Built

  • 1949

Lot Details

  • 6,251 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Cooktop
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $67,200

Community Details

Overview

  • 1,380 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $987
  • Trash Expense $3,252
  • Operating Expense $19,060
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,692

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1380
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Stone, Garbage Disposal, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1380
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: John Gill Elementary
  • Middle School: John F. Kennedy Middle
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 645
  • Middle School: 646

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 21.58
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 987
  • Expenses Total: 19060
  • Expense Trash: 3252
  • Income Annual Gross: 67200.00
  • Income Annual Rental: 67200
  • Income Gross Scheduled: 67200
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 9, 2019
Sold by
Soltero Rodriguez Daniel and Soltero Nina
Bought by
Belmonte Juan Carlos Izpisua and Rodriguez Esteban Concepcion
Seller's Agent
Greg Garcia
Sequoia Realty Services
Buyer's Agent
Sean Chen
Intero Real Estate Services
List Price
$1,498,000
Sold Price
$1,400,000
Premium/Discount to List
-$98,000
-6.54%
Current Estimated Value
$1,703,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,661
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Sep 6, 2017
Sold by
Link Mark D and Link Maria C
Bought by
Soltero Rodriguez Daniel and Soltero Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2012
Sold by
Link Mark D and Link Maria C
Bought by
Link Mark D and Link Maria C

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
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Link Herbert J
Bought by
Link Mark D and Link Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2001
Sold by
Link Herbert J
Bought by
Link Herbert J

Purchase Details

Closed on
Jul 15, 1994
Sold by
Link Herbert J
Bought by
Link Herbert J
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
Belmonte Juan Carlos Izpisua $1,400,000 Lawyers Title Company
Soltero Rodriguez Daniel $1,350,000 North Amer Title Co Inc
Link Mark D -- Chicago Title Company
Link Mark D $550,000 First American Title Company
Link Herbert J -- --
Link Herbert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soltero Rodriguez Daniel $600,000
Previous Owner Link Mark D $417,000
Previous Owner Link Mark D $417,000
Previous Owner Link Mark D $402,000
Previous Owner Link Mark D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $1,400,000 -3.4% $1,014 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/29/2019 06/29/19 Price Changed $1,450,000 -3.2% $1,051 / Sq Ft
06/14/2019 06/14/19 For Sale $1,498,000 -- $1,086 / 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 $16,692 $1,531,100 $1,148,326 $382,774
2023 $16,692 $1,471,647 $1,103,736 $367,911
2022 $15,666 $1,442,793 $1,082,095 $360,698
2021 $15,514 $1,414,504 $1,060,878 $353,626
2020 $15,306 $1,400,000 $1,050,000 $350,000
2019 $15,221 $1,377,000 $1,122,000 $255,000
2018 $14,822 $1,350,000 $1,100,000 $250,000
2017 $3,536 $308,835 $92,644 $216,191
2016 $3,459 $302,780 $90,828 $211,952
2015 $3,332 $298,233 $89,464 $208,769
2014 $3,269 $292,392 $87,712 $204,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81756736

MLSListings

APN: 058-194-080