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526 Vera Avenue

526 Vera Avenue, Redwood City, CA 94061
Property in Roosevelt
Sold Feb 06, 2014
$35,000
$730,000 by Primary Residential Mortgage I
Mortgage Due Jan 01, 2050
Sold Nov 21, 2001
$591,000
$443,250 by Washington Mutual Bank Fa
Mortgage Due Dec 01, 2031
Local assessors in Redwood City, CA have categorized 526 Vera Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 7,280 square feet. The linear feet between the front and back of the lot was measured at 1,820 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 526 Vera Avenue has a total of 2,675 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of composition shingle. The home's a central heating system is the primary heating source. The property was last sold in Jan 2, 2014 for $35,000. That's $13.08 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 2001 for $591,000. 526 Vera Avenue was last assessed in 2022. The total value of the property was assessed at $819,722. Specifically, the land the property is located on was valued at $638,164. While improvements on the property were assessed at a total of $181,558. 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 $8,889. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Multifamily
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,280
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,675
  • Gross Building Area: 2,675
  • Building Area: 2,675
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,675
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF REDWOOD CITY
  • Land Acres: 0.167
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SW 1/2 OF LOT 2 BLOCK D VERA AVENUE VILLAS RSM 11/3 4 CITY OF REDWOOD CITY

Ownership

  • Current Owner : LUNA VICTORIA ALEX
  • Current Owner 2: LUNA VICTORIA ANA
  • Previous Owner : KELLY MARY ELLEN
  • Owner Before Previous Owner: BUONO AUGUST R
  • Owner Before Previous Owner 2: ROLLINSON BUONO JOSEPHINE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 610901

Geography

  • Assessors Map Reference: 36-F3
  • Parcel: 053-052-200
  • Block: D
  • Lot: 2
  • Latitude: 37.4776
  • Longitude: -122.232

    Address

  • Full Address: 526 Vera Ave
  • Address - House Number: 526
  • Address - Street Name: Vera
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1707
  • Zip Code: 94061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,889
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.4201
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 833,149
  • High Value: 1,183,229
  • Low Value: 483,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $730,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jan 31, 2020
  • First Open Lien Mortgage Loan Amount: $730,000
  • 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: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $819,722
  • Assessed Land Value: $638,164
  • Assessed Improvements Value: $181,558

    Sales

  • Current Sale Contract Date: Jan 02, 2014
  • Current Sale Recording Date: Feb 06, 2014
  • Current Sale Transaction ID: 1048620635
  • Current Sale Price: $35,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-010506
  • Previous Sale Recording Date: Nov 21, 2001
  • Previous Sale Contract Date: Nov 14, 2001
  • Previous Sale Amount: $591,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARY ELLEN KELLY
  • First Mortgage Transaction Date: Feb 06, 2014
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Nov 21, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $443,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2031

About Roosevelt



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Frequently Asked Questions

What neighborhood is 526 Vera Avenue located in?
The 526 Vera Avenue is a located in the neighborhood of Roosevelt in Roosevelt, Redwood City.
What is the average sales price for listings in 526 Vera Avenue?
The average sales price for units in 526 Vera Avenue is $0 currently.

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