NOT LISTED FOR SALE

737 Valota Rd Redwood City, CA 94061

Roosevelt Neighborhood

Estimated Value: $1,702,000 - $2,391,363

3 Beds
3 Baths
2,866 Sq Ft
$678/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $1,725,000 $602 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,256/month

58 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • Washer and Dryer
  • Sequoia High School Rated A

About This Home

As of December 2021

Priced to Sell! Amazing opportunity on the West-side of Redwood City. This home is in the perfect neighborhood location for an owner occupant, extended family, or investor as a 1031 exchange and rental. The upstairs unit is 2 bedroom, 1 bath, plenty of natural light, and master bedroom opens to a large 8x25 redwood deck. The downstairs offers 1 bedroom, 1 bath, and 1 car garage. New double pane windows, paint and flooring throughout, laundry on site. The property offers a Guest house with 2 car garage or an office space. There is an abundance of parking, with space for a recreational vehicle. Prime location between HWY 101 & 280. Climate Best by Government Test Redwood City has the best weather.

Last Agent to Sell the Property

Nicole Loza

Reliance Realty Group License #01774289 Listed on: 09/08/2021

Last Buyer's Agent

Sam Anagnostou

Compass License #00798217

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,932

Year Built

  • 1942

Lot Details

  • 5,998 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Tile Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,866 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $66,000

Community Details

Overview

  • 2,866 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Utility Expense $3,600
  • Trash Expense $4,050
  • Operating Expense $13,799
  • Gross Income $64,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,932

Year Built

1942

Lot Details

0

Parking

3

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Age: 79
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2866
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Living Sq Ft: 2866
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel, Tile
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage, Detached Garage, Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 26.50

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 13799
  • Expenses Utility: 3600
  • Expense Trash: 4050
  • Income Annual Gross: 64680.00
  • Income Annual Rental: 66000
  • Income Gross Scheduled: 66000
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 19, 2021
Sold by
Loza Felipe
Bought by
Deo Satya and Deo Lalita
Seller's Agent
Nicole Loza
Reliance Realty Group
Buyer's Agent
Sam Anagnostou
Compass
List Price
$1,749,000
Sold Price
$1,725,000
Premium/Discount to List
-$24,000
-1.37%
Current Estimated Value
$1,944,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,341
Original Mortgage
$1,380,000
Outstanding Balance
$1,274,927
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Loza Felipe and Loza Elizabeth
Bought by
Loza Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 1995
Sold by
Bethell John T and Bethell Helen D
Bought by
Loza Felipe and Loza Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Deo Satya $1,725,000 Chicago Title Company
Loza Felipe $330,000 Alliance Title Company
Loza Felipe $260,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deo Satya $1,380,000
Previous Owner Loza Felipe $575,000
Previous Owner Loza Felipe $198,000
Previous Owner Loza Felipe $82,500
Previous Owner Loza Felipe $577,500
Previous Owner Loza Elizabeth $20,000
Previous Owner Loza Felipe $398,000
Previous Owner Loza Felipe $20,000
Previous Owner Loza Felipe $384,900
Previous Owner Loza Felipe $348,000
Previous Owner Loza Felipe $250,000
Previous Owner Loza Felipe $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $1,725,000 -1.4% $602 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $1,749,000 0.0% $610 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $1,749,000 -7.4% $610 / Sq Ft
10/14/2021 10/14/21 Price Changed $1,888,000 -3.1% $659 / Sq Ft
10/09/2021 10/09/21 Price Changed $1,949,000 -2.5% $680 / Sq Ft
09/22/2021 09/22/21 Price Changed $1,998,000 -13.1% $697 / Sq Ft
09/08/2021 09/08/21 Price Changed $2,298,000 -2.2% $802 / Sq Ft
09/08/2021 09/08/21 For Sale $2,349,000 -- $820 / 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 $19,932 $1,830,583 $1,432,630 $397,953
2023 $19,932 $1,759,500 $1,377,000 $382,500
2022 $18,705 $1,725,000 $1,350,000 $375,000
2021 $5,016 $449,407 $201,721 $247,686
2020 $4,949 $444,800 $199,653 $245,147
2019 $4,931 $436,080 $195,739 $240,341
2018 $4,805 $427,530 $191,901 $235,629
2017 $4,753 $419,149 $188,139 $231,010
2016 $4,660 $410,931 $184,450 $226,481
2015 $4,488 $404,760 $181,680 $223,080
2014 $4,403 $396,834 $178,122 $218,712
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Loza

    Reliance Realty Group

    Section Image

  • S

    Buyer's Agent in 2021

    Sam Anagnostou

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81860872

MLSListings

APN: 058-184-050

California San Mateo County Redwood City 94061 Roosevelt

737 Valota Rd, Redwood City, CA

This home is located at 737 Valota Rd, Redwood City, CA 94061 since 08 September 2021 and is currently estimated at $1,944,341, approximately $678 per square foot. This property was built in 1942. 737 Valota Rd is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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