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64 Cove Lane

64 Cove Lane, Redwood City, CA 94065
Property in Redwood Shores
Sold Aug 13, 2020
$1,260,000
$1,008,000 by Us Bank Na
Mortgage Due Sep 01, 2050
Sold Aug 20, 2008
$644,000
$417,000 by Opes Advisors Inc
Mortgage Due Sep 01, 2038
Local assessors in Redwood City, CA have categorized 64 Cove Lane as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 401,895 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 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 64 Cove Lane has a total of 1,350 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 carport for those who need a place to park their vehicle. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The building has a roof that is made of composition shingle. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 7, 2020 for $1,260,000. That's $933.33 per sqft. Prior to that sales transaction, the property was also sold in Aug 5, 2008 for $644,000. 64 Cove Lane was last assessed in 2022. The total value of the property was assessed at $1,285,200. Specifically, the land the property is located on was valued at $385,560. While improvements on the property were assessed at a total of $899,640. 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 $14,224. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 162
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 401,895
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,350
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PELICAN COVE
  • Land Acres: 9.226
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1210 PELICAN COVE RSM 102/77-84

Ownership

  • Current Owner : LI ZHUO
  • Current Owner 2: BONDE JEFFREY DAVID
  • Previous Owner : GREENE CLIFFORD BRUCE
  • Previous Owner 2: GREENE ELSA V
  • Owner Before Previous Owner: QUA EARL LAWRENCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R30000

Geography

  • Assessors Map Reference: 33-D2
  • Parcel: 111-690-050
  • Latitude: 37.5311
  • Longitude: -122.256

    Address

  • Full Address: 64 Cove Ln
  • Address - House Number: 64
  • Address - Street Name: Cove
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C006
  • 4-Digit Zip Code: 5135
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,224
  • Tax Rate Code Area: 09-122

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,226,389
  • High Value: 1,469,940
  • Low Value: 982,838

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,008,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,008,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,285,200
  • Assessed Land Value: $385,560
  • Assessed Improvements Value: $899,640

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11787970298
  • Current Sale Price: $1,260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-080547
  • Previous Sale Recording Date: Aug 20, 2008
  • Previous Sale Contract Date: Aug 05, 2008
  • Previous Sale Amount: $644,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $1,008,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OPES ADVISORS INC
  • Previous Mortgage Transaction Date: Aug 20, 2008
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2038

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Frequently Asked Questions

What neighborhood is 64 Cove Lane located in?
The 64 Cove Lane is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 64 Cove Lane?
The average sales price for units in 64 Cove Lane is $0 currently.

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