NOT LISTED FOR SALE

Estimated Value: $1,098,000 - $1,236,000

4 Beds
2 Baths
1,140 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,088,888 $955 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,511/month

11 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Fenced Yard
  • Woodside High School Rated A
  • Enclosed patio or porch
  • Double Pane Windows

About This Home

As of February 2024

Nestled in the desirable South Fair Oaks community of Redwood City, this duplex offers a seamless blend of convenience and potential. Each unit showcases 2 bedrooms and 1 bathroom. Covered parking is provided through a single carport and a double carport, the latter ensured with a wooden fence for added security. Ideally located, the property is a short stroll from popular restaurants, retail outlets, and a leading hospital. Its proximity to both Meta headquarters and Stanford University further enhances its appeal. For the discerning investor, this duplex holds promise, especially with some minor updating. Among its features are dual pane windows, wall heaters, and consistent tile flooring throughout. The units also come equipped with a linen closet, new water heaters, fresh exterior paint, and a recently installed comp shingle roof. The exterior landscape exudes tranquility, thanks to its lush artificial turf and fruitful plum and guava trees, all secured within a chain-link fence. An excellent opportunity for both living and investment; reside in one unit and let the other generate income. Dive into this unique opportunity and harness the potential of Redwood City living!

Last Agent to Sell the Property

Jose Navia

Hero Real Estate License #02026663 Listed on: 01/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,100

Year Built

  • Built in 1959

Lot Details

  • 3,255 Sq Ft Lot
  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 054-281-140

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • Operating Expense $12,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,100

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Gas Cook Top, Free Standing Refrigerator, Free Standing Gas Range, Built-In Gas Oven
  • Flooring: Tile
  • Price Per Square Foot: 955.16
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood, Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 1050000.00
  • Lot Features: Curb(s), Corner
  • Patio And Porch Features: Enclosed Patio, Covered Patio
  • Roof: Shingle, Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Covered Parking Spaces: 3.00
  • Parking Features: Detached, Covered
  • Total Parking Spaces: 3.00

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Water,Gas,Electricity

Condo/Co-op/Association

  • Association: No

Lot Info

  • Irrigation: Meter on Site
  • Lot Size Acres: 0.0747
  • Lot Size Sq Ft: 3255.00

Rental Info

  • Owner Occupied Units: 1

Multi Family

  • Operating Expense: 12100
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Two Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 054-281-140
  • Current RE Taxes: 12100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Jan 29, 2024
Sold by
Saucedo Domingo
Bought by
Tsao Yng Jy
Seller's Agent
Jose Navia
Hero Real Estate
List Price
$1,150,000
Sold Price
$1,088,888
Premium/Discount to List
-$61,112
-5.31%
Current Estimated Value
$1,174,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,193
Avg. Annual Appreciation
5.72%
Original Mortgage
$871,110
Outstanding Balance
$857,413
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$326,872

Purchase Details

Closed on
Jun 7, 2006
Sold by
Griffin Robert H and Griffin Joanne N
Bought by
Saucedo Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 8, 2002
Sold by
Silva Agustin P and Silva Agustin Pena
Bought by
Griffin Robert H and Griffin Joanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
4.53%

Purchase Details

Closed on
May 27, 1997
Sold by
Silva Agustin P
Bought by
Silva Agustin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.08%
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
Tsao Yng Jy $1,089,000 Chicago Title Company
Saucedo Domingo $660,000 Alliance Title Company
Griffin Robert H $549,000 First American Title Company
Silva Agustin P -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsao Yng Jy $871,110
Previous Owner Saucedo Domingo $528,000
Previous Owner Griffin Robert H $439,200
Previous Owner Silva Augustine P $80,000
Previous Owner Silva Agustin P $221,000
Previous Owner Silva Agustin P $10,000
Previous Owner Silva Agustin P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $1,088,888 +3.7% $955 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $1,050,000 -8.7% $921 / Sq Ft
01/07/2024 01/07/24 For Sale $1,150,000 -- $1,009 / Sq Ft
Source: MetroList

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 $12,993 $1,110,665 $703,800 $406,865
2023 $12,993 $866,908 $433,454 $433,454
2022 $12,101 $849,910 $424,955 $424,955
2021 $11,950 $833,246 $416,623 $416,623
2020 $11,768 $824,704 $412,352 $412,352
2019 $11,610 $808,534 $404,267 $404,267
2018 $10,699 $750,000 $375,000 $375,000
2017 $9,843 $700,000 $350,000 $350,000
2016 $9,150 $650,000 $325,000 $325,000
2015 $7,888 $556,000 $278,000 $278,000
2014 $6,191 $405,000 $202,500 $202,500
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 424001292

MetroList

APN: 054-281-140