950 Palomar Dr Redwood City, CA 94062
Alder Manor Neighborhood
3
Beds
2
Baths
1,820
Sq Ft
1.01
Acres
Highlights
- Primary Bedroom Suite
- 1.01 Acre Lot
- Deck
- Sequoia High School Rated A
- Canyon View
- Contemporary Architecture
About This Home
As of February 2021Its time to see the world from a whole new vantage point. Set in the picturesque hills of Palomar Park, this remarkable property offers a huge 39,600 sq ft lot and a 3BD/2BA primary residence that will instantly stoke inspiration, clarity, and optimism. This stellar mid-century modern masterpiece features a great layout, hardwood floors, beautiful updates, and walls of windows that celebrate the stunning views and scenery from every direction. A gorgeous wraparound redwood deck adds tons of outdoor living and entertaining space and puts you in the middle of the scene-stealing setting. The absolutely charming 1BD/1BA guest cottage with a full kitchen and laundry room offers extra space for friends, family, or working from home. You're just minutes from downtown Redwood City, San Carlos, and major commute routes but you'll feel like you're living in your own private treehouse with the privacy, beauty, and room you crave!
Last Agent to Sell the Property
Golden Gate Sotheby's International Realty License #70010069 Listed on: 01/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,067
Year Built
- 1951
Lot Details
- 1.01 Acre Lot
- South Facing Home
- Secluded Lot
- Lot Sloped Up
- Sprinklers on Timer
- Hillside Location
- Mostly Level
Property Views
- Canyon
- Ridge
- Mountain
- Hills
- Valley
- Park or Greenbelt
- Neighborhood
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Raised Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,820 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights in Kitchen
- Free Standing Fireplace
- Gas Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Dining Area
- Utility Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Gas Oven
- Gas Cooktop
- Dishwasher
- ENERGY STAR Qualified Appliances
- Tile Countertops
- Disposal
Flooring
- Wood
- Stone
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Marble Bathroom Countertops
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
- Laundry Tub
Parking
- 15 Parking Spaces
- 2 Carport Spaces
- Electric Vehicle Home Charger
- Guest Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Gazebo
Utilities
- Forced Air Heating and Cooling System
- Wall Furnace
- Thermostat
- 220 Volts
- Tankless Water Heater
- Septic Tank
Additional Features
- Energy-Efficient Insulation
- 565 SF Accessory Dwelling Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2021
Closed on
Feb 1, 2021
Sold by
Keller James B and Keller Bonnie L
Bought by
Jacobsen Morton Steen and Triplett Nell
Seller's Agent
Bedbury Group
Golden Gate Sotheby's International Realty
Buyer's Agent
Alex Wang
Rainmaker Real Estate
List Price
$2,395,000
Sold Price
$3,000,000
Premium/Discount to List
$605,000
25.26%
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
-$121,625
Avg. Annual Appreciation
-0.92%
Original Mortgage
$2,250,000
Outstanding Balance
$2,018,164
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$860,211
Purchase Details
Closed on
Aug 27, 1999
Sold by
Critchlow Terri L
Bought by
Wiegman Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.5%
Purchase Details
Closed on
Aug 23, 1999
Sold by
Lusignan Bruce B and Lusignan Eleanor C
Bought by
Wiegman Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.5%
Purchase Details
Closed on
Aug 8, 1996
Sold by
Dern Dagmar L
Bought by
Dern Dagmar L and Dern James A
Similar Homes in the area
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 | $3,000,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $875,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,250,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $600,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $510,000 | No Value Available | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $277,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $3,000,000 | +25.3% | $1,648 / Sq Ft |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $2,395,000 | -- | $1,316 / 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 | $33,067 | $3,113,506 | $2,406,895 | $706,611 |
| 2023 | $33,067 | $2,933,928 | $2,268,072 | $665,856 |
| 2022 | $31,023 | $2,876,400 | $2,223,600 | $652,800 |
| 2021 | $14,675 | $1,338,024 | $669,012 | $669,012 |
| 2020 | $14,402 | $1,324,306 | $662,153 | $662,153 |
| 2019 | $14,348 | $1,298,340 | $649,170 | $649,170 |
| 2018 | $13,971 | $1,272,884 | $636,442 | $636,442 |
| 2017 | $13,818 | $1,247,926 | $623,963 | $623,963 |
| 2016 | $13,598 | $1,223,458 | $611,729 | $611,729 |
| 2015 | $13,088 | $1,205,082 | $602,541 | $602,541 |
| 2014 | $12,836 | $1,181,478 | $590,739 | $590,739 |
Source: Public Records
Agents Affiliated with this Home
-
Bedbury Group
Seller's Agent in 2021
Bedbury Group
Golden Gate Sotheby's International Realty
(650) 740-4494
13 in this area
106 Total Sales
-
Alex Wang
Buyer's Agent in 2021
Alex Wang
Rainmaker Real Estate
(650) 800-8840
1 in this area
185 Total Sales
-
N
Buyer Co-Listing Agent in 2021
Nancy Reynolds
Rainmaker Real Estate
Map
Source: MLSListings
MLS Number: ML81825074
APN: 051-471-060
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