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1918 Madison Avenue

1918 Madison Avenue, Redwood City, CA 94061
Property in Roosevelt
Sold Aug 30, 2018
$1,925,000
$1,540,000 by Morgan Stanley Private Bank Na
Mortgage Due Sep 01, 2048
Sold May 01, 2015
$1,000,500
$800,400 by Kinecta Fcu
Mortgage Due May 01, 2045
1918 Madison 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 1947 and is 77 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 1918 Madison Avenue has 1,919 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 500 ft. The area measurement of the land has been determined as 6,000 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 garage for those who require parking. The garage measured 379 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. There is a single fireplace in the home. Perfect for those wintery 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, 1918 Madison Avenue was last sold in Aug 24, 2018 for $1,925,000. According to our calculations, that's $1,003.13 per sqft. Prior to that sales transaction, the property was sold for $1,000,500 in Apr 10, 2015. Current property owners are expected to pay $22,985 in taxes per year. The property on 1918 Madison Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,023,517. To break that down further, the land itself was valued at $1,229,878. While improvements to the property were assessed at a total of $793,639. 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. 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.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: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 379
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,919
  • Gross Building Area: 1,919
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF REDWOOD CITY
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 21 & 22 BLOCK 49 CENTRAL PARK 2 RSM 8/15 16 CITY OF REDWOOD CITY

Ownership

  • Current Owner : BUESCHER JANE F B
  • Current Owner 2: BUESCHER ERIC
  • Previous Owner : CHAN JUDY
  • Previous Owner 2: JENKINS THOMAS
  • Owner Before Previous Owner: EPPSTEIN LINDA C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609800

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 36-E4
  • Parcel: 058-173-100
  • Block: 49
  • Lot: 21,22
  • Latitude: 37.4698
  • Longitude: -122.244

    Address

  • Full Address: 1918 Madison Ave
  • Address - House Number: 1918
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C014
  • 4-Digit Zip Code: 1412
  • Zip Code: 94061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,985
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,221,922
  • High Value: 2,714,443
  • Low Value: 1,729,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,540,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2018
  • First Open Lien Mortgage Loan Amount: $1,540,000
  • 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: Sep 01, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,023,517
  • Assessed Land Value: $1,229,878
  • Assessed Improvements Value: $793,639

    Sales

  • Current Sale Contract Date: Aug 24, 2018
  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Transaction ID: 11505846694
  • Current Sale Price: $1,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-068147
  • Previous Sale Recording Date: May 01, 2015
  • Previous Sale Contract Date: Apr 10, 2015
  • Previous Sale Amount: $1,000,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Aug 30, 2018
  • First Mortgage Loan Amount: $1,540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: KINECTA FCU
  • Previous Mortgage Transaction Date: May 01, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $800,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2045

About Roosevelt



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Frequently Asked Questions

What neighborhood is 1918 Madison Avenue located in?
The 1918 Madison Avenue is a located in the neighborhood of Roosevelt in Roosevelt, Redwood City.
What is the average sales price for listings in 1918 Madison Avenue?
The average sales price for units in 1918 Madison Avenue is $0 currently.

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