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516 Cringle Drive

516 Cringle Drive, Redwood City, CA 94065
Property in Redwood Shores
Sold Mar 27, 2018
$1,840,000
$1,472,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2048
516 Cringle Drive in Redwood City, CA was first built in 1969 and is 55 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 516 Cringle Drive has 1,590 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 680 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,800 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 460 sqft. There are a total of 2 available parking spaces. 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. 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, 516 Cringle Drive was last sold in Mar 13, 2018 for $1,840,000. According to our calculations, that's $1,157.23 per sqft. Current property owners are expected to pay $22,855 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 516 Cringle Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,972,850. To break that down further, the land itself was valued at $1,533,248. While improvements to the property were assessed at a total of $439,602. 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. 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!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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REDWOOD SHORES SUB NO 1
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLK B REDWOOD SHORES SUB NO 1 RSM 67/42 44

Ownership

  • Current Owner : LI LIANGHAO
  • Current Owner 2: XIAO YU
  • Previous Owner : PRICE ROBERT
  • Previous Owner 2: DUNN KAREN LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 33-E3
  • Parcel: 095-062-070
  • Block: B
  • Lot: 7
  • Latitude: 37.5294
  • Longitude: -122.249

    Address

  • Full Address: 516 Cringle Dr
  • Address - House Number: 516
  • Address - Street Name: Cringle
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C002
  • 4-Digit Zip Code: 1136
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,855
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 09-122

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,151,222
  • High Value: 2,597,202
  • Low Value: 1,705,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,472,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 27, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,472,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,972,850
  • Assessed Land Value: $1,533,248
  • Assessed Improvements Value: $439,602

    Sales

  • Current Sale Contract Date: Mar 13, 2018
  • Current Sale Recording Date: Mar 27, 2018
  • Current Sale Transaction ID: 11444963054
  • Current Sale Price: $1,840,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-022985

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 27, 2018
  • First Mortgage Loan Amount: $1,472,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 516 Cringle Drive located in?
The 516 Cringle Drive is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 516 Cringle Drive?
The average sales price for units in 516 Cringle Drive is $0 currently.

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