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1 Summit Way

1 Summit Way, Redwood City, CA 94062
Property in Farm Hill
Sold Sep 12, 1995
$2,750,000
$1,300,000 by First Republic Thrift & Loan
Mortgage Due Oct 01, 2025
This has been categorized as a residential property type. In total, the area measurement of the land is 33,106 square feet.

Learn more about the property and building on this page. The property was last sold in Sep 7, 1995 for $2,750,000. 1 Summit Way was last assessed in 2022. The total value of the property was assessed at $930,415. Specifically, the land the property is located on was valued at $859,429. While improvements on the property were assessed at a total of $70,986. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,071. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS OF EMERALD LAKE
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.76 AC MOL PTN OF LOT B BLK 603 ADJ TO LOTS 17 TO 23 BLK 603 HIGHLANDS OF EMERALD LAKE NO 6 RSM 15/64 65 66

Ownership

  • Current Owner : FERGUSON ROGER C
  • Current Owner 2: FERGUSON NAHEED RAZA
  • Previous Owner : HIRSCH GARY F
  • Previous Owner 2: HERNANDEZ HIRSCH SONJA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609700

Zoning

  • Zoning: R10006

Geography

  • Parcel: 068-262-150
  • Block: 603
  • Lot: 17
  • Latitude: 37.4553
  • Longitude: -122.27

    Address

  • Full Address: 1 Summit Way
  • Address - House Number: 1
  • Address - Street Name: Summit
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C025
  • 4-Digit Zip Code: 4050
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,071
  • Tax Rate Code Area: 73-021

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 71
  • Final Value: 2,763,719
  • High Value: 3,349,368
  • Low Value: 2,178,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC THRIFT & LOAN
  • First Open Lien Mortgage Recording Date: Sep 12, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $930,415
  • Assessed Land Value: $859,429
  • Assessed Improvements Value: $70,986

    Sales

  • Current Sale Contract Date: Sep 07, 1995
  • Current Sale Recording Date: Sep 12, 1995
  • Current Sale Transaction ID: 1057593615
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95095220

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC THRIFT & LOAN
  • First Mortgage Transaction Date: Sep 12, 1995
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Farm Hill



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Nearby Rentals

Unit for rent at 4032 Farm Hill Blvd 8, REDWOOD CITY, CA, 94061

$3,400 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,016 ft²
4032 Farm Hill Blvd 8, REDWOOD CITY, CA, 94061 Listing by Steve Rumberg

Frequently Asked Questions

What neighborhood is 1 Summit Way located in?
The 1 Summit Way is a located in the neighborhood of Farm Hill in Farm Hill, Redwood City.
What is the average sales price for listings in 1 Summit Way?
The average sales price for units in 1 Summit Way is $0 currently.

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