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1620 Vera Avenue

1620 Vera Avenue, Redwood City, CA 94061
Property in Roosevelt
Sold Nov 12, 2021
$1,900,000
$1,520,000 by American Pacific Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Mar 11, 2019
$1,625,500
1620 Vera Avenue has been categorized by the local assessors in Redwood City, CA as a residential type of property. The building on the property was first built in 1932 and is 92 years old. The home comes with a single bedroom. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1620 Vera Avenue has 1,440 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 4,440 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 230 sqft. According to our sources, there is one available parking space. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 1620 Vera Avenue sold most recently in Nov 5, 2021 for a total of $1,900,000. If you work out the math, that's approximately a cost of $1,005.29 per sqft. Before that, the property was also sold for $1,625,500 in Mar 4, 2019. 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 $21,579 in taxes each year. 1620 Vera Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,900,000. If we break it down further, the land itself was valued at $1,250,000. Improvements to the property, however, were assessed at a total of $650,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 220
  • Garage Type: Attached
  • Garage Square Area: 230
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,440
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF REDWOOD CITY
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 BLOCK 43 NELY 1/2 OF LOT 17 BLOCK 43 CENTRAL PARK 2 RSM 8/15 16 CITY OF REDWOOD CITY

Ownership

  • Current Owner : KIM KYUNG HYUN
  • Current Owner 2: APTEKAR BORYS
  • Previous Owner : SHRIKUMAR ADITI
  • Owner Before Previous Owner: RIVAS ANA TERESA
  • Owner Before Previous Owner 2: RIVAS ANDREW ELLIOTT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611000

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 36-E4
  • Parcel: 058-182-120
  • Block: 43
  • Lot: 18,17
  • Latitude: 37.4706
  • Longitude: -122.241

    Address

  • Full Address: 1620 Vera Ave
  • Address - House Number: 1620
  • Address - Street Name: Vera
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C011
  • 4-Digit Zip Code: 1449
  • Zip Code: 94061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,579
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 1,914,160
  • High Value: 2,339,772
  • Low Value: 1,488,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,520,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $1,520,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,900,000
  • Assessed Land Value: $1,250,000
  • Assessed Improvements Value: $650,000

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11869183349
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-157840
  • Previous Sale Recording Date: Mar 11, 2019
  • Previous Sale Contract Date: Mar 04, 2019
  • Previous Sale Amount: $1,625,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $1,520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Roosevelt



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Frequently Asked Questions

What neighborhood is 1620 Vera Avenue located in?
The 1620 Vera Avenue is a located in the neighborhood of Roosevelt in Roosevelt, Redwood City.
What is the average sales price for listings in 1620 Vera Avenue?
The average sales price for units in 1620 Vera Avenue is $0 currently.

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