NOT LISTED FOR SALE

727 Cassia St Redwood City, CA 94063

Staumbaugh Heller Neighborhood

Estimated Value: $1,200,435 - $1,411,000

2 Beds
2 Baths
1,402 Sq Ft
$923/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $620,000 $442 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,722/month

14 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property
  • Sequoia High School Rated A
  • Level Lot

About This Home

As of April 2013

QUIET LOCATION IN THE HEART OF DOWNTOWN REDWOOD CITY-WALK TO CAFES, SHOPS, THEATER, KAISER HOSPITAL. EASY ACCESS TO 101. DUAL PANE WINDOWS-COMPOSITION ROOF 10 YRS OLD APPROX. GREAT RENT POTENTIAL OR OWNER OCCUPANT W/RENT FROM OTHER UNIT.

Last Agent to Sell the Property

Michelle Glaubert

Coldwell Banker Realty License #00646669 Listed on: 02/20/2013

Coldwell Banker Realty

Last Buyer's Agent

Liza Vernazza

Coldwell Banker Realty License #00993753

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,705

Year Built

  • 1947

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,402 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200
  • The owner pays for electric, garbage, gas, heating, hot water, water

Community Details

Overview

  • 1,402 Sq Ft Building

Building Details

  • Insurance Expense $2,500
  • Operating Expense $9,223
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,705

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 66
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 442.23
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1402
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1402
  • Stories: 1
  • Laundry: Laundry Area - In Unit
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Off-Street Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 16.96

Multi Family

  • Expense Insurance: 2500
  • Expenses Total: 9223
  • Expense Water Sewer: 2550
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2014
Sold by
Wells S Moriah
Bought by
The Wells Mondani Family Trust and Wells Barbara M
Current Estimated Value
$1,294,109

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 31, 2013
Sold by
Spence Michael R and Spence Kevan Hunt
Bought by
Wells S Moriah
Seller's Agent
Michelle Glaubert
Coldwell Banker Realty
Buyer's Agent
Liza Vernazza
Coldwell Banker Realty
List Price
$529,000
Sold Price
$620,000
Premium/Discount to List
$91,000
17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$465,000
Outstanding Balance
$330,389
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$963,720

Purchase Details

Closed on
Jun 3, 2009
Sold by
Joyce James V
Bought by
Joyce James

Purchase Details

Closed on
Jun 22, 2005
Sold by
Spence Michael R and Spence Kevan T
Bought by
Spence Michael R and Spence Kevan Hunt

Purchase Details

Closed on
Dec 16, 1999
Sold by
Joyce James V
Bought by
Joyce James and Spence Michael R

Purchase Details

Closed on
Sep 8, 1999
Sold by
Garretty Inez T Tr and Deal Jeanette A Tr
Bought by
Joyce James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7%
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
The Wells Mondani Family Trust -- None Available
Wells S Moriah $620,000 Fidelity National Title Co
Joyce James -- None Available
Spence Michael R -- --
Joyce James -- American Title Co
Joyce James $340,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells S Moriah $465,000
Previous Owner Joyce James $262,000
Previous Owner Joyce James $264,470
Previous Owner Joyce James $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $620,000 +17.2% $442 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $529,000 -- $377 / 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 $8,705 $799,967 $586,402 $213,565
2023 $8,705 $768,907 $563,632 $205,275
2022 $8,170 $753,832 $552,581 $201,251
2021 $8,090 $739,053 $541,747 $197,306
2020 $7,982 $731,476 $536,193 $195,283
2019 $7,951 $717,135 $525,680 $191,455
2018 $7,743 $703,075 $515,373 $187,702
2017 $7,658 $689,290 $505,268 $184,022
2016 $7,523 $675,777 $495,362 $180,415
2015 $7,242 $665,628 $487,922 $177,706
2014 $6,780 $622,814 $401,816 $220,998
Source: Public Records

Agents Affiliated with this Home

  • Michelle Glaubert

    Seller's Agent in 2013

    Michelle Glaubert

    Coldwell Banker Realty

    (650) 722-1193

    59 Total Sales

    Michelle Glaubert
    Section Image
  • Liza Vernazza

    Buyer's Agent in 2013

    Liza Vernazza

    Coldwell Banker Realty

    (650) 218-8040

    1 in this area

    36 Total Sales

    Liza Vernazza
    Section Image
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Map

Source: MLSListings

MLS Number: ML81305083

MLSListings

APN: 053-237-020

California San Mateo County Redwood City 94063 Staumbaugh Heller

727 Cassia St, Redwood City, CA

This home is located at 727 Cassia St, Redwood City, CA 94063 since 20 February 2013 and is currently estimated at $1,294,109, approximately $923 per square foot. This property was built in 1947. 727 Cassia St is a home located in San Mateo County with nearby schools including Hoover Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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