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25 Spinnaker Place

25 Spinnaker Place, Redwood City, CA 94065
Property in Redwood Shores
Sold Jul 08, 2021
$1,820,000
$1,098,000 by Sirva Mortgage Inc
Mortgage Due Jul 06, 2031
Sold Mar 15, 2013
$787,000
$625,500 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2043
Local assessors in Redwood City, CA have categorized 25 Spinnaker Place as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 3,108 square feet. The linear feet between the front and back of the lot was measured at 1,110 ft and the front of the lot was measured at 280 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 25 Spinnaker Place has a total of 1,540 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 490 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a roof that is made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 1, 2021 for $1,820,000. That's $896.55 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2013 for $787,000. 25 Spinnaker Place was last assessed in 2022. The total value of the property was assessed at $1,820,000. Specifically, the land the property is located on was valued at $910,000. While improvements on the property were assessed at a total of $910,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $21,117. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,108
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 280
  • Total Building Area: 2,030
  • Gross Building Area: 2,030
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MARLIN SUB NO 4
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 25 BLOCK A MARLIN SUB NO 4 RSM 86/12-17

Ownership

  • Current Owner : CASTANO CARLOS
  • Previous Owner : SHARMA CHAITANYA
  • Previous Owner 2: ASWANI GEMINI
  • Owner Before Previous Owner: IVERSON CHRISTIAN L
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 610304

Zoning

  • Zoning: R20000

Geography

  • Assessors Map Reference: 33-D2
  • Parcel: 095-090-640
  • Block: A
  • Lot: 25
  • Latitude: 37.5326
  • Longitude: -122.249

    Address

  • Full Address: 25 Spinnaker Pl
  • Address - House Number: 25
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C014
  • 4-Digit Zip Code: 1270
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,117
  • Tax Rate Code Area: 09-122

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,932,019
  • High Value: 2,334,000
  • Low Value: 1,530,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,098,000
  • First Open Lien Mortgage Lender: SIRVA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,098,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 06, 2031

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,820,000
  • Assessed Land Value: $910,000
  • Assessed Improvements Value: $910,000

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11843573889
  • Current Sale Price: $1,820,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-102822
  • Previous Sale Recording Date: Mar 15, 2013
  • Previous Sale Contract Date: Feb 27, 2013
  • Previous Sale Amount: $787,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIRVA MORTGAGE INC
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $1,098,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 06, 2031

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 15, 2013
  • Previous Mortgage Loan Amount: $625,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043

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Frequently Asked Questions

What neighborhood is 25 Spinnaker Place located in?
The 25 Spinnaker Place is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 25 Spinnaker Place?
The average sales price for units in 25 Spinnaker Place is $0 currently.

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