NOT LISTED FOR SALE

925 7th Ave Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,425,000 - $1,949,595

5 Beds
3 Baths
1,906 Sq Ft
$934/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $1,800,000 $944 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,647/month

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 1-Story Property
  • Sequoia High School Rated A

About This Home

As of May 2021

This home is located at 925 7th Ave, Redwood City, CA 94063 since 17 May 2021 and is currently estimated at $1,779,649, approximately $933 per square foot. This property was built in 1957. 925 7th Ave is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

Last Agent to Sell the Property

Xiaozhu Kang

Compass License #01999507 Listed on: 05/17/2021

Compass

Co-Listed By

Vicky li

Compass License #01896360

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507 Listed on: 05/17/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,396

Year Built

  • 1957

Lot Details

  • 5,458 Sq Ft Lot

Parking

  • 2 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $600
  • Operating Expense $15,277
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,396

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 1906
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1253
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5460.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5460.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.75
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 600
  • Expenses Total: 15277
  • Income Annual Gross: 96000.00
  • Income Annual Rental: 96000
  • Income Gross Scheduled: 96000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
May 12, 2021
Sold by
Chen Emily
Bought by
Sun Mengtian and Yang Meilin
Seller's Agent
Xiaozhu Kang
Compass
Buyer's Agent
Xiaozhu Kang
Compass
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$1,779,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,351
Avg. Annual Appreciation
-0.60%
Original Mortgage
$1,053,000
Outstanding Balance
$958,328
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$796,053

Purchase Details

Closed on
May 2, 2019
Sold by
Stroppini Robert L and Stroppini Dorothy E
Bought by
Chen Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1998
Sold by
Stroppini Jack C
Bought by
Stroppini Jack C and Stroppini Stacy

Purchase Details

Closed on
Jul 23, 1996
Sold by
Stroppini Robert L and Stroppini Dorthy E
Bought by
Stroppini Robert L and Stroppini Dorthy E
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
Sun Mengtian $1,800,000 Fidelity National Title Co
Chen Emily $1,143,000 First American Title Company
Stroppini Jack C -- --
Stroppini Jack C -- --
Stroppini Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Mengtian $1,053,000
Previous Owner Chen Emily $850,000
Previous Owner Chen Emily $857,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $1,800,000 0.0% $944 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,800,000 -- $944 / 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 $23,396 $1,948,375 $1,298,917 $649,458
2023 $23,396 $1,872,720 $1,248,480 $624,240
2022 $21,931 $1,836,000 $1,224,000 $612,000
2021 $14,910 $1,177,937 $982,130 $195,807
2020 $14,677 $1,165,860 $972,060 $193,800
2019 $4,167 $198,826 $50,498 $148,328
2018 $3,959 $194,928 $49,508 $145,420
2017 $3,596 $191,107 $48,538 $142,569
2016 $3,417 $187,361 $47,587 $139,774
2015 $3,279 $184,548 $46,873 $137,675
2014 $3,180 $180,934 $45,955 $134,979
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2021

    Xiaozhu Kang

    Compass

    Section Image

  • V

    Seller Co-Listing Agent in 2021

    Vicky li

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81844375

MLSListings

APN: 055-061-080

California San Mateo County Redwood City 94063 Friendly Acres

925 7th Ave, Redwood City, CA

This home is located at 925 7th Ave, Redwood City, CA 94063 since 17 May 2021 and is currently estimated at $1,779,649, approximately $933 per square foot. This property was built in 1957. 925 7th Ave is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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