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701 Mendocino Way

701 Mendocino Way, Redwood City, CA 94065
Property in Redwood Shores
Local assessors in Redwood City, CA have categorized 701 Mendocino Way as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 185,764 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 3 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 3 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 701 Mendocino Way has a total of 1,713 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 701 Mendocino Way sold most recently in Dec 3, 2020 for a total of $1,550,000. If you work out the math, that's approximately a cost of $904.85 per sqft. Before that, the property was also sold for $1,232,000 in Jul 5, 2017. 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 $17,441 in taxes each year. 701 Mendocino Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,581,000. If we break it down further, the land itself was valued at $474,300. Improvements to the property, however, were assessed at a total of $1,106,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201031
10/31/2020
3 Bed
3 Bath
1713 ft²
$1,560,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1713 ft²
$1,550,000 -0.64%
12/11/2020
Caroline Dinsmore

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 49
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 185,764
  • Total Building Area: 1,713
  • Gross Building Area: 1,713
  • Building Area: 1,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,713
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MANORS CONDOMINIUMS
  • Land Acres: 4.265
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 701 THE MANORS CONDOMINIUMS RSM 118/3-20

Ownership

  • Current Owner : WANG AONI
  • Current Owner 2: WANG MENG
  • Previous Owner : MOLONEY COURTNEY AVERY
  • Owner Before Previous Owner: SAHA BHASKAR
  • Owner Before Previous Owner 2: SAHA SANKALITA
  • 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: R20000

Geography

  • Assessors Map Reference: 33-E2
  • Parcel: 112-610-110
  • Latitude: 37.5364
  • Longitude: -122.241

    Address

  • Full Address: 701 Mendocino Way
  • Address - House Number: 701
  • Address - Street Name: Mendocino
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C014
  • 4-Digit Zip Code: 1796
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,441
  • Tax Rate Code Area: 09-123

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,577,788
  • High Value: 1,898,700
  • Low Value: 1,256,876

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,162,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,162,500
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,581,000
  • Assessed Land Value: $474,300
  • Assessed Improvements Value: $1,106,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11812116837
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-143943
  • Previous Sale Recording Date: Jul 10, 2017
  • Previous Sale Contract Date: Jul 05, 2017
  • Previous Sale Amount: $1,232,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $1,162,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 10, 2017
  • Previous Mortgage Loan Amount: $985,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Redwood Shores



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Frequently Asked Questions

What neighborhood is 701 Mendocino Way located in?
The 701 Mendocino Way is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 701 Mendocino Way?
The average sales price for units in 701 Mendocino Way is $1,500,000 , or $876/sqft. currently.

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