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2424 Palm Avenue

2424 Palm Avenue, Redwood City, CA 94061
Property in Woodside Plaza
Sold Feb 08, 2021
$2,105,000
$1,470,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2051
Sold Mar 30, 2016
$1,675,000
$1,300,000 by Citibank Na
Mortgage Due Apr 01, 2046
2424 Palm 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 1952 and is 72 years old. The home has a total of 7 rooms. 4 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, 2424 Palm Avenue has 1,600 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 1,010 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 5,959 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 260 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2424 Palm Avenue was last sold in Feb 1, 2021 for $2,105,000. According to our calculations, that's $1,315.63 per sqft. Prior to that sales transaction, the property was sold for $1,675,000 in Mar 11, 2016. Current property owners are expected to pay $24,316 in taxes per year. The property on 2424 Palm Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,147,100. To break that down further, the land itself was valued at $1,198,500. While improvements to the property were assessed at a total of $948,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,959
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE TERRACE NO 5
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 BLOCK 17 WOODSIDE TERRACE NO 5 RSM 35/1 2 CITY OF REDWOOD CITY

Ownership

  • Current Owner : DICKEY BLAKE ROBERTS
  • Current Owner 2: DICKEY NATALIE WHELAN
  • Previous Owner : CHAKRABORTY SRIMOYEE
  • Previous Owner 2: WINDSHEIMER JERED
  • Owner Before Previous Owner: SAFARI VENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611200

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 36-F5
  • Parcel: 058-423-140
  • Block: 17
  • Lot: 21
  • Latitude: 37.4615
  • Longitude: -122.236

    Address

  • Full Address: 2424 Palm Ave
  • Address - House Number: 2424
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C020
  • 4-Digit Zip Code: 2514
  • Zip Code: 94061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,316
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,237,463
  • High Value: 2,714,202
  • Low Value: 1,760,723

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,470,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,470,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,147,100
  • Assessed Land Value: $1,198,500
  • Assessed Improvements Value: $948,600

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 08, 2021
  • Current Sale Transaction ID: 11821657042
  • Current Sale Price: $2,105,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-020083
  • Previous Sale Recording Date: Mar 30, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $1,675,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 08, 2021
  • First Mortgage Loan Amount: $1,470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Mar 30, 2016
  • Previous Mortgage Loan Amount: $1,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Woodside Plaza



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Frequently Asked Questions

What neighborhood is 2424 Palm Avenue located in?
The 2424 Palm Avenue is a located in the neighborhood of Woodside Plaza in Woodside Plaza, Redwood City.
What is the average sales price for listings in 2424 Palm Avenue?
The average sales price for units in 2424 Palm Avenue is $0 currently.

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