NOT LISTED FOR SALE

64 Arch St Redwood City, CA 94062

Oak Knoll-Redwood Park Neighborhood

Estimated Value: $1,518,000 - $2,038,544

2 Beds
3 Baths
1,345 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $1,250,000 $929 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,769/month

14 Days on Market

About This Home

As of January 2017

This incredibly cute, single story three unit building consists of 2 one bedroom apartments and a studio. Located on a quiet street just a few short blocks from Downtown. The back unit has been completely remodeled and boasts a large private backyard. The front unit has a large porch and a fireplace. The middle studio has a small patio area. All units have gas ranges and lots of natural light. Rents effective 1/1/17. PLEASE DO NOT DISTURB TENANTS. First Open: Tuesday 11/8 from 11am - 1pm

Last Agent to Sell the Property

Michael Silva

Capital Realty Group License #01962674 Listed on: 11/03/2016

Capital Realty Group

Last Buyer's Agent

Annabelle Canlas

KW Advisors License #01008442

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,832

Year Built

  • 1924

Lot Details

  • 4,574 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $69,600

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,200
  • Utility Expense $200
  • Trash Expense $200
  • Operating Expense $13,550
  • Gross Income $68,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,832

Year Built

1924

Lot Details

0

Listing Details

  • Zoning: R50000
  • Subclass: Triplex
  • Age: 92
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1345
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Gas, Dishwasher, Oven - Gas, Refrigerator, Varies By Unit
  • Living Sq Ft: 1345
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1050
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4550.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4550.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.17
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 13550
  • Expenses Utility: 200
  • Expense Trash: 200
  • Income Annual Gross: 68208.00
  • Income Annual Rental: 69600
  • Income Gross Scheduled: 69600
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Jan 10, 2017
Sold by
Weekes Patrick G and Weekes Frances K
Bought by
Fu Nelson and Lam Clara
Seller's Agent
Michael Silva
Capital Realty Group
Buyer's Agent
Annabelle Canlas
KW Advisors
List Price
$1,195,000
Sold Price
$1,250,000
Premium/Discount to List
$55,000
4.6%
Current Estimated Value
$1,780,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,636
Original Mortgage
$531,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2016
Sold by
Weekes Patrick G and Weekes Frances K
Bought by
Weekes Patrick G and Weekes Frances K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2016
Sold by
Weekes Patrick G and Weekes Frances K
Bought by
Weekes Patrick G and Fami Frances K Weekes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2013
Sold by
Weekes Patrick and Weekes Frances K
Bought by
Weekes Patrick G and Weekes Frances K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2012
Sold by
Weekes Patrick and Weekes Frances
Bought by
Weekes Patrick G and Weekes Frances K

Purchase Details

Closed on
Oct 6, 2005
Sold by
Fuentebella Plaridel and Fuentebella Erlinda
Bought by
Weekes Patrick and Weekes Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 1, 2005
Sold by
Fuentebella Rodney
Bought by
Fuentebella Plaridel and Fuentebella Erlinda

Purchase Details

Closed on
Sep 16, 2004
Sold by
Goldman Juliette
Bought by
Fuentebella Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2003
Sold by
Biocini George Peter
Bought by
Goldman Juliette

Purchase Details

Closed on
Oct 1, 2001
Sold by
Goldman Cyrus and Goldman Juliette
Bought by
Biocini George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 24, 2001
Sold by
Leong Gene F and Leong Susie J
Bought by
Goldman Cyrus and Goldman Juliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
14%
Mortgage Type
Seller Take Back
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
Fu Nelson $1,250,000 Fidelity National Title Co
Weekes Patrick G -- Old Republic Title Company
Weekes Patrick G -- Old Republic Title Company
Weekes Patrick G -- Cornerstone Title Company
Weekes Patrick -- Cornerstone Title Company
Weekes Patrick G -- None Available
Weekes Patrick $785,000 Alliance Title Company
Fuentebella Plaridel -- --
Fuentebella Rodney $585,000 Fidelity National Title Co
Goldman Juliette $70,000 --
Biocini George $72,500 --
Goldman Cyrus $405,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Nelson $590,000
Closed Fu Nelson $531,000
Previous Owner Weekes Patrick G $645,300
Previous Owner Weekes Patrick $581,250
Previous Owner Weekes Patrick $628,000
Previous Owner Fuentebella Rodney $468,000
Previous Owner Biocini George $70,000
Previous Owner Goldman Cyrus $60,000
Previous Owner Goldman Cyrus $354,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $1,250,000 +4.6% $929 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $1,195,000 -- $888 / 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 $15,832 $1,450,725 $1,044,524 $406,201
2023 $15,832 $1,394,394 $1,003,965 $390,429
2022 $14,860 $1,367,054 $984,280 $382,774
2021 $14,715 $1,340,250 $964,981 $375,269
2020 $14,518 $1,326,509 $955,087 $371,422
2019 $14,465 $1,300,500 $936,360 $364,140
2018 $14,096 $1,275,000 $918,000 $357,000
2017 $10,349 $924,328 $462,164 $462,164
2016 $9,266 $824,000 $412,000 $412,000
2015 $9,055 $824,000 $412,000 $412,000
2014 $8,526 $775,000 $387,500 $387,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Silva

    Seller's Agent in 2017

    Michael Silva

    Capital Realty Group

    (650) 515-2388

    12 Total Sales

    Michael Silva
    Section Image
  • Annabelle Canlas

    Buyer's Agent in 2017

    Annabelle Canlas

    KW Advisors

    (415) 298-3555

    9 Total Sales

    Annabelle Canlas
    Section Image
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Map

Source: MLSListings

MLS Number: ML81630828

MLSListings

APN: 052-182-070

California San Mateo County Redwood City 94062 Oak Knoll-Redwood Park

64 Arch St, Redwood City, CA

This home is located at 64 Arch St, Redwood City, CA 94062 since 03 November 2016 and is currently estimated at $1,780,636, approximately $1,323 per square foot. This property was built in 1924. 64 Arch St is a home located in San Mateo County with nearby schools including Clifford School, John F. Kennedy Middle School, and Sequoia High School.

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