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1574 Cordilleras Road

1574 Cordilleras Road, Redwood City, CA 94062
Sold Jan 04, 2018
$2,200,000
$2,426,000 by First Savings Bank
Mortgage Due Mar 01, 2052
Local assessors in Redwood City, CA have categorized 1574 Cordilleras Road as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 46,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1574 Cordilleras Road has a total of 4,001 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 844 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,359 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1574 Cordilleras Road sold most recently in Dec 26, 2017 for a total of $2,200,000. If you work out the math, that's approximately a cost of $549.86 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $48,168 in taxes each year. 1574 Cordilleras Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $4,142,798. If we break it down further, the land itself was valued at $2,229,698. Improvements to the property, however, were assessed at a total of $1,913,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Floor Count: 1
  • Basement Area: 844
  • Garage Type: Garage
  • Garage Square Area: 1,359
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 46,000
  • Total Building Area: 4,001
  • Gross Building Area: 4,001
  • Building Area: 4,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,001
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSON SUB
  • Land Acres: 1.056
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.01 AC MOL PTN LOTS 22 23 JOHNSON SUB RSM 7/2

Ownership

  • Current Owner : EGAN ANTHONY J
  • Current Owner 2: EGAN DANIEL J
  • Previous Owner : EDWARDS CARL R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: R10010

Geography

  • Assessors Map Reference: 36-C3
  • Parcel: 058-012-050
  • Lot: 22
  • Latitude: 37.4774
  • Longitude: -122.261

    Address

  • Full Address: 1574 Cordilleras Rd
  • Address - House Number: 1574
  • Address - Street Name: Cordilleras
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C013
  • 4-Digit Zip Code: 3208
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,168
  • Tax Rate Code Area: 73-049

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 4,040,994
  • High Value: 4,777,926
  • Low Value: 3,304,062

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,044,000
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $2,426,000
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: AVIDBANK
  • Second Open Lien Mortgage Recording Date: Aug 14, 2020
  • Second Open Lien Mortgage Loan Amount: $2,618,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Aug 14, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,142,798
  • Assessed Land Value: $2,229,698
  • Assessed Improvements Value: $1,913,100

    Sales

  • Current Sale Contract Date: Dec 26, 2017
  • Current Sale Recording Date: Jan 04, 2018
  • Current Sale Transaction ID: 11374371531
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-000486

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Jan 04, 2018
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1574 Cordilleras Road located in?
The 1574 Cordilleras Road is a located in the neighborhood of Oak Knoll-Edgewood Park in Oak Knoll-Edgewood Park, Redwood City.
What is the average sales price for listings in 1574 Cordilleras Road?
The average sales price for units in 1574 Cordilleras Road is $0 currently.

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