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3540 Highland Avenue

3540 Highland Avenue, Redwood City, CA 94062
Property in Farm Hill
Sold May 16, 1997
$575,000
$460,000 by Downey S/l
Mortgage Due Jun 01, 2027
3540 Highland Avenue in Redwood City, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3540 Highland Avenue has 2,050 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 8,200 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The garage is 450 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. 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 and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 14, 1997 for $575,000. That's $230.00 per sqft. 3540 Highland Avenue was last assessed in 2022. The total value of the property was assessed at $882,466. Specifically, the land the property is located on was valued at $441,233. While improvements on the property were assessed at a total of $441,233. 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 $10,620. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 450
  • Garage Type: Underground/basement
  • Garage Square Area: 450
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,200
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,500
  • Gross Building Area: 2,500
  • Building Area: 2,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,050
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS OF EMERALD LAKE
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLOCK 6 HIGHLANDS OF EMERALD LAKE RSM 13/24 25 26 27

Ownership

  • Current Owner : EDELMAN FRANK J
  • Current Owner 2: EDELMAN ANGELA
  • Previous Owner : FRANK BIZZARRO
  • Is Owner Occupied: Owner-occupied property
  • 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-D4
  • Parcel: 057-283-010
  • Block: 6
  • Lot: 2
  • Latitude: 37.4684
  • Longitude: -122.253

    Address

  • Full Address: 3540 Highland Ave
  • Address - House Number: 3540
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C011
  • 4-Digit Zip Code: 3110
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,620
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,387,459
  • High Value: 2,901,172
  • Low Value: 1,873,747

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $710,000
  • First Open Lien Mortgage Lender: DOWNEY S/L
  • First Open Lien Mortgage Recording Date: May 16, 1997
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2027
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Apr 11, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Apr 09, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $882,466
  • Assessed Land Value: $441,233
  • Assessed Improvements Value: $441,233

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 1997
  • Current Sale Recording Date: May 16, 1997
  • Current Sale Transaction ID: 1048648830
  • Current Sale Price: $575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97058444

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: May 16, 1997
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2027
  • Second Mortgage Lender: RSL MTG CORP
  • Second Mortgage Transaction Date: May 16, 1997
  • Second Mortgage Loan Amount: $40,000
  • Second Mortgage Terms: 299
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: May 12, 2022

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Farm Hill



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Frequently Asked Questions

What neighborhood is 3540 Highland Avenue located in?
The 3540 Highland Avenue is a located in the neighborhood of Farm Hill in Farm Hill, Redwood City.
What is the average sales price for listings in 3540 Highland Avenue?
The average sales price for units in 3540 Highland Avenue is $0 currently.

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