78 Pelican Ln Redwood City, CA 94065
Redwood Shores Neighborhood
2
Beds
1
Bath
1,062
Sq Ft
$518/mo
HOA Fee
Highlights
- Water Views
- Boat Dock
- Private Pool
- Ralston Intermediate School Rated A
- Unit is on the top floor
- 9.23 Acre Lot
About This Home
As of September 2022Welcome to this beautiful two story Pelican Cove condo offering vaulted ceilings with loads of natural sunlight and peaceful views of the waterway. This home presents two bedrooms, one on the main level and one loft style bedroom upstairs overlooking the living space and the views through the gorgeous picture window. The loft bedroom includes a walk-in closet and an additional office nook space that can be creatively used for entertainment, a play area or extra space for your bedroom furnishings. The single bathroom has been updated and conveniently offers a shower over tub configuration. You will enjoy treats or your morning coffee in the kitchen area updated with stainless steel appliances and beautiful bold countertops. And on warm days take it outside to the deck where you can relax while overlooking the greenbelts, community pool and open water. This home is conveniently located within walking distance to the Redwood Shores library, Mistrals restaurant and The Bay Trail!
Last Agent to Sell the Property
Naomi Gable
Compass License #01363496 Listed on: 05/16/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,554
Year Built
- Built in 1985
HOA Fees
- $518 Monthly HOA Fees
Property Views
- Water
- Park or Greenbelt
- Neighborhood
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,062 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Area
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Loft Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Marble Bathroom Countertops
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Home Security
Parking
- 1 Carport Space
- No Garage
Outdoor Features
- Private Pool
- Balcony
Additional Features
- Unit is on the top floor
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 111-970-110
Community Details
Overview
- Association fees include common area electricity, exterior painting, insurance - liability, landscaping / gardening, maintenance - road, reserves, roof
- Pelican Cove Condominium Association
- Built by Pelican Cove
- Greenbelt
Amenities
- Sauna
- Clubhouse
Recreation
- Boat Dock
- Community Pool
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2022
Closed on
Sep 12, 2022
Sold by
Clayton Heathcock Living Trust
Bought by
Mcgrath Shannon M
Seller's Agent
Patty Dwyer Group
Compass
Buyer's Agent
Kevin Dalonzo
Compass
List Price
$925,000
Sold Price
$827,000
Premium/Discount to List
-$98,000
-10.59%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,093
Avg. Annual Appreciation
2.21%
Original Mortgage
$578,900
Outstanding Balance
$553,506
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$328,587
Purchase Details
Listed on
May 16, 2018
Closed on
Jun 22, 2018
Sold by
Waibel Zachary and Carabetta Meagan
Bought by
Heathcock Clayton
Seller's Agent
Naomi Gable
Compass
Buyer's Agent
Patty Dwyer Group
Compass
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$679,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2014
Sold by
Waibel Zachary and Carabetta Meagan
Bought by
Carabetta Waibel Living Trust
Purchase Details
Closed on
Apr 17, 2012
Sold by
Waibel Zachary and Carabetta Meagan
Bought by
Waibel Zachary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,168
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2003
Sold by
Kwan Helena
Bought by
Waibel Zachary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Redwood City, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $827,000 | Lawyers Title | |
| Grant Deed | $925,000 | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Grant Deed | $438,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $578,900 | New Conventional | |
| Previous Owner | $679,000 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $367,168 | New Conventional | |
| Previous Owner | $380,000 | Unknown | |
| Previous Owner | $390,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $120,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2022 09/16/22 | Sold | $827,000 | +0.2% | $779 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | Price Changed | $825,000 | -7.3% | $777 / Sq Ft |
| 08/08/2022 08/08/22 | Price Changed | $890,000 | -3.8% | $838 / Sq Ft |
| 06/18/2022 06/18/22 | For Sale | $925,000 | 0.0% | $871 / Sq Ft |
| 09/15/2018 09/15/18 | Rented | $3,000 | -6.3% | -- |
| 08/31/2018 08/31/18 | Under Contract | -- | -- | -- |
| 08/22/2018 08/22/18 | For Rent | $3,200 | 0.0% | -- |
| 06/27/2018 06/27/18 | Sold | $925,000 | +2.9% | $871 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | For Sale | $899,000 | -- | $847 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $9,554 | $860,410 | $258,123 | $602,287 |
| 2023 | $9,554 | $827,000 | $248,100 | $578,900 |
| 2022 | $11,109 | $991,785 | $300,215 | $691,570 |
| 2021 | $11,021 | $972,339 | $294,329 | $678,010 |
| 2020 | $10,905 | $962,370 | $291,312 | $671,058 |
| 2019 | $10,794 | $943,500 | $285,600 | $657,900 |
| 2018 | $6,512 | $557,515 | $167,251 | $390,264 |
| 2017 | $6,322 | $546,584 | $163,972 | $382,612 |
| 2016 | $6,171 | $535,867 | $160,757 | $375,110 |
| 2015 | $6,158 | $527,819 | $158,343 | $369,476 |
| 2014 | $5,920 | $517,481 | $155,242 | $362,239 |
Source: Public Records
Agents Affiliated with this Home
-
Patty Dwyer Group
Seller's Agent in 2022
Patty Dwyer Group
Compass
(650) 931-2035
3 in this area
284 Total Sales
-
Kevin Dalonzo
Buyer's Agent in 2022
Kevin Dalonzo
Compass
(650) 558-4200
1 in this area
28 Total Sales
-
N
Seller's Agent in 2018
Naomi Gable
Compass
Map
Source: MLSListings
MLS Number: ML81705743
APN: 111-970-110
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