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4 Knot Lane

4 Knot Lane, Redwood City, CA 94065
Property in Redwood Shores
Sold May 27, 2022
$1,408,000
$958,000 by Bank Of America Na
Mortgage Due Jun 01, 2052
Sold Jul 07, 2016
$1,000,000
$800,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2046
4 Knot Lane in Redwood City, CA was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. 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 3 partial bathrooms. 4 Knot Lane has 1,178 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. In total, the area measurement of the land is 739,720 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a carport. 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. 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, 4 Knot Lane sold most recently in May 6, 2022 for a total of $1,408,000. If you work out the math, that's approximately a cost of $1,195.25 per sqft. Before that, the property was also sold for $1,000,000 in Jul 6, 2016. 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 $13,621 in taxes each year. 4 Knot Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,093,643. If we break it down further, the land itself was valued at $328,093. Improvements to the property, however, were assessed at a total of $765,550. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 185
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 739,720
  • Total Building Area: 1,178
  • Gross Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COVE AT CALIFORNIA BAYSIDE
  • Land Acres: 16.982
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 104 BLDG 24 THE COVE AT CALIFORNIA BAYSIDE RSM 124/75-96

Ownership

  • Current Owner : QUAN MATTHEW
  • Current Owner 2: QUAN MARISA
  • Previous Owner : WANG ZHANG FAMILY TRUST
  • Owner Before Previous Owner: RUSSELL BRENT A
  • Owner Before Previous Owner 2: RUSSELL JULIETTE G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 610303

Zoning

  • Zoning: R30000

Geography

  • Parcel: 113-350-570
  • Latitude: 37.5427
  • Longitude: -122.238

    Address

  • Full Address: 4 Knot Ln
  • Address - House Number: 4
  • Address - Street Name: Knot
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C012
  • 4-Digit Zip Code: 8445
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,621
  • Tax Rate Code Area: 09-123

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 67
  • Final Value: 1,411,614
  • High Value: 1,741,239
  • Low Value: 1,081,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $958,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 27, 2022
  • First Open Lien Mortgage Loan Amount: $958,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,093,643
  • Assessed Land Value: $328,093
  • Assessed Improvements Value: $765,550

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11889818674
  • Current Sale Price: $1,408,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 43736
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 27, 2022
  • First Mortgage Loan Amount: $958,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 07, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 4 Knot Lane located in?
The 4 Knot Lane is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 4 Knot Lane?
The average sales price for units in 4 Knot Lane is $0 currently.

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