NOT LISTED FOR SALE

Redwood City, CA 94061

Palm Park Neighborhood

Estimated Value: $1,689,000 - $2,216,381

4 Beds
2 Baths
2,160 Sq Ft
$891/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $781,000 $362 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $11,129/month

11 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Woodside High School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of December 2012

This well-built building was built in 1963 and is now being offered for sale for the first time........It is a single level duplex consisting of 2-2Bedrm 1 Bath units each with a fireplace,attached 1-car garage, inside laundry and an enclosed rear yard. Great location !!

Last Agent to Sell the Property

Al Russell

Terrace Associates License #00210828 Listed on: 10/08/2012

Last Buyer's Agent

Lottie Kendall

Golden Gate Sotheby's International Realty License #01215160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,532

Year Built

  • 1963

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $41,400
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,008
  • Operating Expense $5,552
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,532

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 49
  • Inspections Reports: Pest Control
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Stories: 1
  • Laundry: 220 Volt Outlet, Laundry Area - In Unit
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

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
  • Elementary School: Roosevelt Elementary
  • Middle School: John F. Kennedy Middle
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 671
  • Middle School: 646

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5400.00
  • Lot Size Area Min Search: 5400.00
  • Maximum Lot Size: 5400.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.30

Multi Family

  • Expense Insurance: 1008
  • Expenses Total: 5552
  • Expense Water Sewer: 3264
  • Income Annual Gross: 41400.00
  • Income Annual Rental: 41400
  • Income Gross Scheduled: 41400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Lottie Kendall
Bought by
Hogenauer-Kendall Living Trust
Current Estimated Value
$1,924,095

Purchase Details

Closed on
Jul 13, 2015
Sold by
Hogenauer Eugene B and Kendall Lottie V
Bought by
Hogenauer Kendall Living Trust and Kendall Lottie

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 20, 2012
Sold by
Gelo Laverne A
Bought by
Gelo Laverne A
Seller's Agent
Al Russell
Terrace Associates
Buyer's Agent
Lottie Kendall
Golden Gate Sotheby's International Realty
List Price
$799,000
Sold Price
$781,000
Premium/Discount to List
-$18,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$468,600
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 13, 2012
Sold by
Hevey Thomas J
Bought by
Hogenauer Eugene B and Kendall Lottie
Seller's Agent
Al Russell
Terrace Associates
Buyer's Agent
Lottie Kendall
Golden Gate Sotheby's International Realty
List Price
$799,000
Sold Price
$781,000
Premium/Discount to List
-$18,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,600
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Gelo Laverne A
Bought by
Hevey Thomas J

Purchase Details

Closed on
Jan 28, 2004
Sold by
Gelo Laverne A
Bought by
Gelo Laverne A and Russell Loretta Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2003
Sold by
Gelo Laverne A and Russell Loretta
Bought by
Gelo Laverne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Gelo Laverne A
Bought by
Gelo Laverne A and Russell Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2001
Sold by
Russell Loretta and Gelo Laverne A
Bought by
Gelo Laverne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.62%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Russell Loretta A and Gelo Laverne A
Bought by
Gelo Laverne A

Purchase Details

Closed on
Jul 17, 2000
Sold by
Drivon Laurene M
Bought by
Drivon Laurene M and Laurene M Drivon Trust Agreement

Purchase Details

Closed on
May 26, 2000
Sold by
Russell Loretta A
Bought by
Russell Loretta Anne and Loretta Anne Russell Trust

Purchase Details

Closed on
Apr 5, 2000
Sold by
Gelo Laverne A and Munizich Laverne A
Bought by
Gelo Laverne A

Purchase Details

Closed on
Nov 24, 1998
Sold by
Russell John A
Bought by
Russell Loretta A

Purchase Details

Closed on
Dec 31, 1997
Sold by
Russell Loretta A and Munizich Laverne A
Bought by
Russell Loretta A and Munizich Laverne A

Purchase Details

Closed on
Aug 19, 1997
Sold by
Oconnor Anastasia T
Bought by
Russell Loretta A and Munizich Laverne A

Purchase Details

Closed on
Apr 15, 1997
Sold by
Oconnor Anne T
Bought by
Russsell Loretta A and Munizich Laverne A
Source: Public Records

Range of Values:

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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
Hogenauer-Kendall Living Trust -- --
Hogenauer Kendall Living Trust -- Accommodation
Gelo Laverne A -- Fidelity National Title Co
Hogenauer Eugene B $781,000 Fidelity National Title Co
Hevey Thomas J -- None Available
Gelo Laverne A -- Fidelity National Title
Gelo Laverne A -- --
Gelo Laverne A -- Fidelity National Title
Gelo Laverne A -- Fidelity National Title
Russell Loretta -- Fidelity National Title Co
Gelo Laverne A -- Fidelity National Title Co
Russell Loretta A -- Fidelity National Title Co
Gelo Laverne A -- Fidelity National Title Co
Drivon Laurene M -- --
Russell Loretta Anne -- --
Gelo Laverne A -- --
Russell Loretta A -- --
Russell Loretta A -- --
Russell Loretta A -- --
Russell Loretta A -- --
Russell Loretta A -- --
Russsell Loretta A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hogenauer Eugene B $468,600
Previous Owner Gelo Laverne A $270,000
Previous Owner Gelo Laverne A $230,000
Previous Owner Russell Loretta $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $781,000 -2.3% $362 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $799,000 -- $370 / 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 $10,532 $961,730 $480,865 $480,865
2023 $10,532 $924,388 $462,194 $462,194
2022 $9,888 $906,264 $453,132 $453,132
2021 $9,792 $888,496 $444,248 $444,248
2020 $9,661 $879,386 $439,693 $439,693
2019 $9,626 $862,144 $431,072 $431,072
2018 $9,375 $845,240 $422,620 $422,620
2017 $9,274 $828,668 $414,334 $414,334
2016 $9,118 $812,420 $406,210 $406,210
2015 $8,779 $800,218 $400,109 $400,109
2014 $8,611 $784,544 $392,272 $392,272
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Al Russell

    Terrace Associates

  • L

    Buyer's Agent in 2012

    Lottie Kendall

    Golden Gate Sotheby's International Realty

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Source: MLSListings

MLS Number: ML81237013

MLSListings

APN: 058-216-400

California San Mateo County Redwood City 94061

Palm Park

This home since 08 October 2012 and is currently estimated at $1,924,095, approximately $890 per square foot. This property was built in 1963. This home is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, John F. Kennedy Middle School, and Woodside High School.

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