Seller's Agent in 2019
Dominic Nicoli
Intero Real Estate Services
(408) 892-3122
148 Total Sales
97 Wayne Ct E Redwood City, CA 94063
Friendly Acres NeighborhoodEstimated Value: $1,632,000 - $3,506,326
7
Beds
6
Baths
5,250
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- 0.36 Acre Lot
- Tile Flooring
- Washer and Dryer
- Sequoia High School Rated A
- Forced Air Heating System
- 1-Story Property
About This Home
As of May 2019Rare one of a kind ranch style tri plex or family compound! Feels like 3 single family homes! Great rents with long term tenants on month to month leases. Per sellers tenants are open to signing long term leases. Awesome, convenient location, short distance to shopping & to freeways for the commuters. All the units have been remodeled/updated with granite countertops, some stainless steel appliances, and hardwood floors. Open floorplans with wood beam ceilings, dining areas, fireplaces, breakfast bar areas, and private patios. Don't miss this one!
Last Agent to Sell the Property
Intero Real Estate Services License #01112681 Listed on: 03/15/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,458
Year Built
- 1977
Lot Details
- 0.36 Acre Lot
Parking
- 4 Car Garage
Home Design
- Triplex
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,250 Sq Ft Home
- 1-Story Property
- Washer and Dryer
Flooring
- Carpet
- Tile
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $157,800
Community Details
Overview
- 5,250 Sq Ft Building
Building Details
- 2 Leased Units
- Gardener Expense $2,400
- Insurance Expense $1,200
- Operating Expense $43,600
- Gross Income $157,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2019
Closed on
May 21, 2019
Sold by
The Banys Family Revocable Trust
Bought by
Noventi Properties Llc
Seller's Agent
Dominic Nicoli
Intero Real Estate Services
Buyer's Agent
Jackie Nicoli
Intero Real Estate Services
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
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
-$109,918
Avg. Annual Appreciation
0.58%
Original Mortgage
$1,500,000
Outstanding Balance
$1,323,021
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,788,011
Purchase Details
Closed on
Nov 14, 2014
Sold by
Banys Christopher D and Banys Bambi A
Bought by
The Banys Family Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2008
Sold by
Banys Christopher D and Banys Bambi A
Bought by
Banys Christopher D and Banys Bambi A
Purchase Details
Closed on
Nov 13, 2006
Sold by
Ackerman Herschel Michael and Ackerman Herschel Diana
Bought by
Banys Christopher D and Banys Bambi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2003
Sold by
Ackerman Irving
Bought by
The Irving Ackerman Trust
Purchase Details
Closed on
Sep 5, 2002
Sold by
Fairmount Industries
Bought by
Ackerman Herschel Michael and Ackerman Herschel Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Noventi Properties Llc | $3,000,000 | Old Republic Title Company | |
| The Banys Family Revocable Trust | -- | First American Title Company | |
| Banys Christopher D | -- | None Available | |
| Banys Christopher D | $1,350,000 | Cornerstone Title Company | |
| The Irving Ackerman Trust | -- | -- | |
| The Irving Ackerman Trust | -- | -- | |
| Ackerman Herschel Michael | $1,000,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Noventi Properties Llc | $1,500,000 | |
| Previous Owner | Banys Christopher David | $250,000 | |
| Previous Owner | The Banys Family Revocable Trust | $952,000 | |
| Previous Owner | Banys Christopher D | $1,000,000 | |
| Previous Owner | Herschel Michael | $300,000 | |
| Previous Owner | Herschel Michael | $250,000 | |
| Previous Owner | Herschel Michael | $100,000 | |
| Previous Owner | Herschel Michael | $155,000 | |
| Previous Owner | Ackerman Herschel Michael | $690,000 | |
| Previous Owner | Fairmount Industries Inc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2019 05/24/19 | Sold | $3,000,000 | -6.1% | $571 / Sq Ft |
| 04/20/2019 04/20/19 | Pending | -- | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $3,195,000 | 0.0% | $609 / Sq Ft |
| 03/26/2019 03/26/19 | Pending | -- | -- | -- |
| 03/15/2019 03/15/19 | For Sale | $3,195,000 | -- | $609 / 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 | $40,458 | $3,346,551 | $2,119,483 | $1,227,068 |
| 2023 | $40,458 | $3,216,602 | $2,037,182 | $1,179,420 |
| 2022 | $37,943 | $3,153,533 | $1,997,238 | $1,156,295 |
| 2021 | $37,536 | $3,091,700 | $1,958,077 | $1,133,623 |
| 2020 | $36,988 | $3,060,000 | $1,938,000 | $1,122,000 |
| 2019 | $21,535 | $1,621,404 | $810,702 | $810,702 |
| 2018 | $20,911 | $1,589,612 | $794,806 | $794,806 |
| 2017 | $20,559 | $1,558,444 | $779,222 | $779,222 |
| 2016 | $20,169 | $1,527,888 | $763,944 | $763,944 |
| 2015 | $17,881 | $1,376,000 | $688,000 | $688,000 |
| 2014 | $15,952 | $1,220,000 | $610,000 | $610,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dominic Nicoli
-
Jackie Nicoli
J
Buyer's Agent in 2019
Jackie Nicoli
Intero Real Estate Services
(650) 947-4788
5 Total Sales
Map
Source: MLSListings
MLS Number: ML81742923
APN: 055-222-720
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 1116 17th Ave
- 824 Fourteenth Ave
- 4 Athlone Way
- 1031 Timothy Ln
- 1097 10th Ave
- 3499 E Bayshore Rd Unit 22
- 3499 E Bayshore Rd Unit 86
- 3335 Spring St
- 4112 Fair Oaks Ave
- 820 9th Ave
- 183 Hedge Rd
- 3820 Fair Oaks Ave
- 820 Eighth Ave
- 952 6th Ave
- 756 7th Ave
- 641 10th Ave
- 757 7th Ave
- 546 9th Ave
- 3040 Hoover St
- 710 5th Ave