NOT LISTED FOR SALE

68 Pelican Ln Redwood City, CA 94065

Redwood Shores Neighborhood

Estimated Value: $899,000 - $1,008,000

2 Beds
1 Bath
1,062 Sq Ft
9 Acres

Last Sold August 21, 2020

Last sale price $882,500 $831 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,074/month

27 Days on Market

Highlights

  • Private Pool
  • Cape Cod Architecture
  • Marble Countertops
  • Ralston Intermediate School Rated A
  • Soaking Tub in Primary Bathroom
  • High Ceiling

About This Home

As of August 2020

One of the best locations at Pelican Cove! Rarely available 2 Bedroom 1 Bathroom condo with high ceilings and an open floor-plan that allows an incredible amount of natural light. There are tranquil views of the greenbelt and mature trees. Carrara marble kitchen counter tops with new stainless refrigerator, stove, and microwave. The large bedroom has a generous walk-in closet and the second bedroom is a very spacious loft style bedroom with a nice sized closet containing extra storage capabilities. Loft has a window to allow in the cool breeze. Bathroom is conveniently located in the hallway. The condo is freshly painted throughout with beautiful new floors in the LR, hallways, kit, dining area and breakfast nook. In-unit washer and dryer closet with plenty of extra shelves, large deep closet under the stairs and a patio storage closet. Amenities include 2 sparkling pools, spa, boat dock. Close to everything, and easy access to shopping, banks, dining, library, and bay trails!

Last Agent to Sell the Property

Bret Evans

RE/MAX Gold Redwood Shores. License #01223530 Listed on: 07/03/2020

RE/MAX Gold Redwood Shores.

Last Buyer's Agent

Vicky Yu

Compass License #02002759

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,656

Year Built

  • 1985

Lot Details

  • 9

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,062 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking

Pool

  • Private Pool

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System

Community Details

  • Association fees include decks, exterior painting, fencing, garbage, hot water, insurance - liability, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, roof, water
  • Pelican Cove Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,656

Year Built

1985

Lot Details

0

Listing Details

  • Zoning: R30000
  • Subclass: Condominium
  • Style: Cape Cod
  • Age: 35
  • Listing Class: Residential
  • Structure Sq Ft: 1062
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1062
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Primary - Oversized Tub, Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Shingle
  • Pool: Pool - Fenced, Pool / Spa Combo

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 554
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Pelican Cove

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 20, 2020
Sold by
Hegerich Patricia A
Bought by
Zang Nanzhi
Seller's Agent
Bret Evans
RE/MAX Gold Redwood Shores.
Buyer's Agent
Vicky Yu
Compass
List Price
$899,999
Sold Price
$882,500
Premium/Discount to List
-$17,499
-1.94%
Current Estimated Value
$951,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,299
Avg. Annual Appreciation
2.00%
Original Mortgage
$706,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Lam Wing Sun and Lau Yin Ling
Bought by
Hegerich Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2004
Sold by
Lam Wing Sun and Lau Yin Ling
Bought by
Lam Wing Sun and Lau Yin Ling

Purchase Details

Closed on
Aug 14, 1998
Sold by
Lam Yu Lan
Bought by
Lam Wing Sun and Lau Yin Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1997
Sold by
Jean Cullen and Jean Debra
Bought by
Lam Wing Sun and Lau Yin Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,800
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
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
Zang Nanzhi $882,500 Lawyers Title Company
Hegerich Patricia A $450,000 North American Title Company
Lam Wing Sun -- --
Lam Wing Sun -- American Title Co
Lam Wing Sun $202,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zang Nanzhi $691,430
Closed Zang Nanzhi $706,000
Previous Owner Hegerich Patricia A $305,000
Previous Owner Hegerich Patricia A $337,500
Previous Owner Lam Wing Sun $100,000
Previous Owner Lam Wing Sum $132,865
Previous Owner Lam Wing Sun $160,000
Previous Owner Lam Wing Sun $161,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $882,500 -1.9% $831 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $899,999 -- $847 / 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 $10,656 $800,000 $240,000 $560,000
2023 $10,656 $813,000 $243,900 $569,100
2022 $10,112 $900,150 $270,300 $629,850
2021 $10,032 $882,500 $265,000 $617,500
2020 $6,072 $529,864 $158,956 $370,908
2019 $6,010 $519,476 $155,840 $363,636
2018 $5,899 $509,291 $152,785 $356,506
2017 $5,714 $499,306 $149,790 $349,516
2016 $5,576 $489,516 $146,853 $342,663
2015 $5,562 $482,164 $144,648 $337,516
2014 $5,347 $472,720 $141,815 $330,905
Source: Public Records

Agents Affiliated with this Home

  • Bret Evans

    Seller's Agent in 2020

    Bret Evans

    RE/MAX

    (650) 722-6555

    20 in this area

    47 Total Sales

    Section Image

  • V

    Buyer's Agent in 2020

    Vicky Yu

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81799504

MLSListings

APN: 111-970-060

California San Mateo County Redwood City 94065 Redwood Shores

68 Pelican Ln, Redwood City, CA

This home is located at 68 Pelican Ln, Redwood City, CA 94065 since 03 July 2020 and is currently estimated at $951,799, approximately $896 per square foot. This property was built in 1985. 68 Pelican Ln is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Design Tech High School.

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