NOT LISTED FOR SALE

Redwood City, CA 94061

Palm Park Neighborhood

Estimated Value: $1,840,000 - $2,113,010

8 Beds
4 Baths
3,110 Sq Ft
$628/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $1,398,000 $450 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $12,141/month

Highlights

  • Balcony
  • Tile Flooring
  • Level Lot
  • Woodside High School Rated A
  • Laundry Facilities

About This Home

As of September 2014

Four large two bedroom units in great west side location.

Last Agent to Sell the Property

Larry Aikins

Terrace Associates License #01199877 Listed on: 09/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,323

Year Built

  • 1962

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Carport

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $75,240
  • The owner pays for garbage, services - gardener/landscaping, gas, hot water, water

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,100
  • Maintenance Expense $2,400
  • Other Expense $1,200
  • Utility Expense $1,800
  • Operating Expense $27,983
  • Gross Income $75,499

Additional Features

  • 3,110 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,323

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Fourplex
  • Age: 52
  • Sale Price Per Sq Ft: 449.52
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3110
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3110
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased, Washer/Dryer - Leased Coin-Op, Community Facility, Gas Hookup
  • Flooring: Tile, Carpet - Wall To Wall, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6380.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6380.00
  • Lot Size Area Min Search: 6380.00
  • Maximum Lot Size: 6380.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.82

Multi Family

  • Expense Insurance: 1100
  • Expense Landscape: 1200
  • Expense Maintenance: 2400
  • Expenses Other: 1200
  • Expenses Total: 27983
  • Expenses Utility: 1800
  • Expense Water Sewer: 8000
  • Income Annual Gross: 75499.00
  • Income Annual Rental: 75240
  • Income Gross Scheduled: 77040
  • Income Includes: Laundry, Lease
  • Income Laundry: 1800
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Maintenance - Laundry, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Gas, Hot Water, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric
  • Vacancy Amount: 1541
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Abad Catherine Macaria and Cacho Evelyn E
Bought by
Abad Catherine Macaria and Cacho Evelyn E
Current Estimated Value
$1,951,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Outstanding Balance
$741,372
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$1,210,381

Purchase Details

Closed on
Jan 10, 2024
Sold by
Redwood Landing Properties Inc
Bought by
Abad Catherine M and Cacho Evelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Sep 24, 2014
Sold by
Hartnett Etsuko
Bought by
Redwood Landing Properties Inc
Seller's Agent
Larry Aikins
Terrace Associates
List Price
$1,449,900
Sold Price
$1,398,000
Premium/Discount to List
-$51,900
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$620,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 7, 2006
Sold by
Hartnett James H
Bought by
Hartnett Etsuko

Purchase Details

Closed on
Aug 10, 2005
Sold by
Hartnett James H and Hartnett Etsuko
Bought by
Hartnett James H and Hartnett Etsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
Hartnett James H and Hartnett Etsuko
Bought by
Hartnett James H and Hartnett Etsuko

Purchase Details

Closed on
Sep 20, 2002
Sold by
Johnson William J and Demiguel Floyd L
Bought by
Hartnett James H and Hartnett Etsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.11%

Purchase Details

Closed on
Aug 9, 1999
Sold by
Johnson Charlene
Bought by
Johnson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Abad Catherine Macaria -- Lawyers Title Company
Abad Catherine M $1,895,000 First American Title
Redwood Landing Properties Inc $675,500 First American Title Company
Hartnett Etsuko -- None Available
Hartnett James H -- North American Title Co
Hartnett James H -- --
Hartnett James H $960,000 Fidelity National Title
Johnson William J -- Fidelity National Title Co
Johnson William J $590,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abad Catherine Macaria $742,000
Previous Owner Abad Catherine M $737,000
Previous Owner Redwood Landing Properties Inc $620,000
Previous Owner Redwood Landing Properties Inc $1,275,000
Previous Owner Redwood Landing Properties Inc $496,000
Previous Owner Redwood Landing Properties Inc $620,000
Previous Owner Hartnett James H $702,000
Previous Owner Hartnett James H $720,000
Previous Owner Johnson William J $60,000
Previous Owner Johnson William J $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $1,398,000 -3.6% $450 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $1,449,900 -- $466 / 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 $18,323 $1,932,900 $1,162,800 $770,100
2023 $18,323 $1,614,936 $807,468 $807,468
2022 $17,198 $1,583,272 $791,636 $791,636
2021 $17,031 $1,552,228 $776,114 $776,114
2020 $16,802 $1,536,312 $768,156 $768,156
2019 $16,741 $1,506,190 $753,095 $753,095
2018 $16,284 $1,476,658 $738,329 $738,329
2017 $16,108 $1,447,704 $723,852 $723,852
2016 $15,858 $1,419,318 $709,659 $709,659
2015 $15,265 $1,398,000 $699,000 $699,000
2014 $12,406 $1,134,219 $590,739 $543,480
Source: Public Records

Agents Affiliated with this Home

  • Larry Aikins

    Seller's Agent in 2014

    Larry Aikins

    Terrace Associates

    (650) 364-3871

    1 in this area

    5 Total Sales

    Larry Aikins
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Source: MLSListings

MLS Number: ML81434314

MLSListings

APN: 059-082-290

California San Mateo County Redwood City 94061

Palm Park

This home since 19 September 2014 and is currently estimated at $1,951,753, approximately $627 per square foot. This property was built in 1962. This home is a home located in San Mateo County with nearby schools including Henry Ford Elementary School, John F. Kennedy Middle School, and Woodside High School.

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