NOT LISTED FOR SALE

967 Rose Ave Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated Value: $1,361,000 - $1,728,346

3 Beds
2 Baths
1,980 Sq Ft
$763/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $652,000 $329 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $8,964/month

10 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • 1-Story Property
  • Sequoia High School Rated A
  • Carpet

About This Home

As of January 2014

SPACIOUS DUPLEX IN IDEAL PENINSULA LOCATION CLOSE TO FACEBOOK/GOOGLE/ETC & BORDERING ATHERTON/MENLO PARK.BRIGHT,OPEN LAYOUT OFFERING LARGE 2 BDRM UNIT W/PICTURE WINDOW,OPEN KITCHEN,NEW FURNACE,UPDATED FLOORING/PAINT.CLEAN STUDIO UNIT.BOTH W/GARAGE + NEWER ROOF,LAUNDRY,SHARED YARD.CLOSE TO FREEWAY ACCESS,SHOPPING,PARKS,ETC.OWNER-OCCUPY OR INVESTMENT W/LOW INTEREST RATES!PRO FORMA RENT-$3,075/MONTH

Last Agent to Sell the Property

nicholas french

Christie's International Real Estate Sereno License #01350085 Listed on: 12/09/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Chaochin Lu

Lynbrook Investment License #01447622

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,964

Year Built

  • 1947

Lot Details

  • 5,009

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $36,900
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 1,980 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Operating Expense $5,459
  • Gross Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,964

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 67
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 329.29
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1980
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • 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
  • Gross Rent Multiplier: 16.23

Multi Family

  • Expense Insurance: 1200
  • Expenses Total: 5459
  • Income Annual Gross: 36900.00
  • Income Annual Rental: 36900
  • Income Gross Scheduled: 36900
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2016
Sold by
Yang Xun and Li Na
Bought by
Yang Xun and Li Na
Current Estimated Value
$1,510,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Outstanding Balance
$377,364
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,074,984

Purchase Details

Closed on
Oct 30, 2014
Sold by
Yang Xun and Li Na
Bought by
The Yang & Li Family Trust and Li Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2014
Sold by
Yang Xun and Li Na
Bought by
Yang Xun and Li Na

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jan 9, 2014
Sold by
Skierka Richard R and Taylor Uta
Bought by
Yang Xun
Seller's Agent
nicholas french
Christie's International Real Estate Sereno
Buyer's Agent
Chaochin Lu
Lynbrook Investment
List Price
$599,000
Sold Price
$652,000
Premium/Discount to List
$53,000
8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$487,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2001
Sold by
Skierka Richard R and Taylor Uta
Bought by
Skierka Richard R and Taylor Uta
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
Yang Xun -- First American Title Company
Yang Xun -- First American Title Company
The Yang & Li Family Trust -- Accommodation
Yang Xun -- Fidelity National Title Co
Yang Xun -- None Available
Yang Xun $652,000 Old Republic Title Company
Skierka Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Xun $469,000
Closed Yang Xun $486,000
Closed Yang Xun $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $652,000 +8.8% $329 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $599,000 -- $303 / 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 $10,964 $799,252 $676,671 $122,581
2023 $10,964 $768,218 $650,396 $117,822
2022 $10,269 $753,156 $637,644 $115,512
2021 $10,129 $738,390 $625,142 $113,248
2020 $9,960 $730,819 $618,732 $112,087
2019 $9,871 $716,490 $606,600 $109,890
2018 $9,513 $702,442 $594,706 $107,736
2017 $9,089 $688,670 $583,046 $105,624
2016 $8,834 $675,167 $571,614 $103,553
2015 $8,492 $665,026 $563,028 $101,998
2014 $4,436 $296,654 $93,674 $202,980
Source: Public Records

Agents Affiliated with this Home

  • nicholas french

    Seller's Agent in 2014

    nicholas french

    Sereno Group

    (650) 773-8000

    198 Total Sales

    nicholas french
    Section Image
  • Chaochin Lu

    Buyer's Agent in 2014

    Chaochin Lu

    Lynbrook Investment

    (408) 667-0668

    53 Total Sales

    Chaochin Lu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81342767

MLSListings

APN: 055-190-620

California San Mateo County Redwood City 94063 Friendly Acres

967 Rose Ave, Redwood City, CA

This home is located at 967 Rose Ave, Redwood City, CA 94063 since 09 December 2013 and is currently estimated at $1,510,837, approximately $763 per square foot. This property was built in 1947. 967 Rose 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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