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5 Acacia Lane

5 Acacia Lane, Redwood City, CA 94062
Property in Palomar Park
Sold Dec 18, 2009
$1,670,000
$926,415 by Morgan Stanley Private Bank Na
Mortgage Due Mar 01, 2051
Local assessors in Redwood City, CA have categorized 5 Acacia Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 11,850 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 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 5 Acacia Lane has a total of 3,570 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 garage for those who need a place to park their vehicle. The garage on the property is 690 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 stucco 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. 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, 5 Acacia Lane was last sold in Dec 12, 2009 for $1,670,000. According to our calculations, that's $467.79 per sqft. Current property owners are expected to pay $22,993 in taxes per year. The property on 5 Acacia Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,031,332. To break that down further, the land itself was valued at $1,015,666. While improvements to the property were assessed at a total of $1,015,666. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 690
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,850
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,570
  • Gross Building Area: 3,570
  • Building Area: 3,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,570
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ACACIA LANE SUB
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 ACACIA LANE SUB RSM 20/71

Ownership

  • Current Owner : SWEENEY THOMAS PATRICK
  • Current Owner 2: SWEENEY LORI MARIE
  • Previous Owner : GRECO DOMENIC C
  • Previous Owner 2: GRECO LINDA M
  • 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: R10010

Geography

  • Assessors Map Reference: 36-C4
  • Parcel: 058-040-550
  • Lot: 5
  • Latitude: 37.4812
  • Longitude: -122.255

    Address

  • Full Address: 5 Acacia Ln
  • Address - House Number: 5
  • Address - Street Name: Acacia
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C029
  • 4-Digit Zip Code: 2705
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,993
  • Tax Rate Code Area: 73-041

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 3,268,684
  • High Value: 3,979,870
  • Low Value: 2,557,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $926,415
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $926,415
  • 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: $2,031,332
  • Assessed Land Value: $1,015,666
  • Assessed Improvements Value: $1,015,666

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2009
  • Current Sale Recording Date: Dec 18, 2009
  • Current Sale Transaction ID: 1047184455
  • Current Sale Price: $1,670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-164228

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 18, 2009
  • First Mortgage Loan Amount: $1,336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2040

About Palomar Park



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Frequently Asked Questions

What neighborhood is 5 Acacia Lane located in?
The 5 Acacia Lane is a located in the neighborhood of Palomar Park in Palomar Park, Redwood City.
What is the average sales price for listings in 5 Acacia Lane?
The average sales price for units in 5 Acacia Lane is $0 currently.

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