322 Summit Drive

322 Summit Drive in Redwood City, CA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 322 Summit Drive has 1,340 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 370 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 20,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 220 sqft. There is one available parking space. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 322 Summit Drive sold most recently in Aug 25, 2014 for a total of $1,550,500. If you work out the math, that's approximately a cost of $1,157.09 per sqft. Before that, the property was also sold for $775,000 in May 15, 2014. 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 $20,672 in taxes each year. 322 Summit Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,755,982. If we break it down further, the land itself was valued at $877,991. Improvements to the property, however, were assessed at a total of $877,991. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.