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1116 Truman Street

1116 Truman Street, Redwood City, CA 94061
Property in Woodside Plaza
Sold May 16, 2022
$2,530,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2052
Sold Apr 21, 2000
$625,000
$500,000 by Bank Of America
Mortgage Due May 01, 2030
1116 Truman Street in Redwood City, CA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1116 Truman Street has 1,650 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,400 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 550 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1116 Truman Street was last sold in May 10, 2022 for $2,530,000. According to our calculations, that's $1,533.33 per sqft. Prior to that sales transaction, the property was sold for $625,000 in Apr 14, 2000. Current property owners are expected to pay $10,865 in taxes per year. The property on 1116 Truman Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $905,190. To break that down further, the land itself was valued at $452,595. While improvements to the property were assessed at a total of $452,595. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,650
  • Gross Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY OF REDWOOD CITY
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLOCK 4 REDWOOD TERRACE NO 1 RSM 25/44 45 CITY OF REDWOOD CITY

Ownership

  • Current Owner : FERRARA LUCA
  • Current Owner 2: FERRARA HANH
  • Previous Owner : MOLINARI JOHN B
  • Previous Owner 2: MOLINARI LAURA D
  • Owner Before Previous Owner: RICHARD WALTER W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611100

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 36-E4
  • Parcel: 058-403-020
  • Block: 4
  • Lot: 2
  • Latitude: 37.4649
  • Longitude: -122.241

    Address

  • Full Address: 1116 Truman St
  • Address - House Number: 1116
  • Address - Street Name: Truman
  • Address - Suffix Type: St
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C021
  • 4-Digit Zip Code: 2044
  • Zip Code: 94061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,865
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,249,108
  • High Value: 2,749,196
  • Low Value: 1,749,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $905,190
  • Assessed Land Value: $452,595
  • Assessed Improvements Value: $452,595

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11888602918
  • Current Sale Price: $2,530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 40614
  • Previous Sale Recording Date: Apr 21, 2000
  • Previous Sale Contract Date: Apr 14, 2000
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Apr 21, 2000
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2030

About Woodside Plaza



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Frequently Asked Questions

What neighborhood is 1116 Truman Street located in?
The 1116 Truman Street is a located in the neighborhood of Woodside Plaza in Woodside Plaza, Redwood City.
What is the average sales price for listings in 1116 Truman Street?
The average sales price for units in 1116 Truman Street is $0 currently.

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