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740 Vernal Way

740 Vernal Way, Redwood City, CA 94062
Property in Emerald Lake
Sold Mar 10, 2017
$2,400,000
$1,500,000 by Stanford Fcu
Mortgage Due Apr 01, 2032
Sold Aug 10, 2001
$1,259,000
$649,900 by Coldwell Banker Mtg
Mortgage Due Sep 01, 2031
Local assessors in Redwood City, CA have categorized 740 Vernal 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 7,020 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 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 740 Vernal Way has a total of 3,930 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 940 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. The garage on the property is 650 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of tile. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 6, 2017 for $2,400,000. That's $524.02 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2001 for $1,259,000. 740 Vernal Way was last assessed in 2022. The total value of the property was assessed at $2,624,749. Specifically, the land the property is located on was valued at $1,093,646. While improvements on the property were assessed at a total of $1,531,103. 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 $30,028. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 940
  • Garage Type: Underground/basement
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,580
  • Gross Building Area: 4,580
  • Building Area: 3,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS OF EMERALD LAKE NO 4
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 13 BLOCK 402 HIGHLANDS OF EMERALD LAKE NO 4 RSM 15/11 12 13 14

Ownership

  • Current Owner : BOYLAN LIAM
  • Current Owner 2: CHAN SHEILA
  • Previous Owner : DAPPEN MICHAEL S
  • Previous Owner 2: DAPPEN PAMELA G
  • Owner Before Previous Owner: CORDOVA LU MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609700

Zoning

  • Zoning: R10000

Geography

  • Assessors Map Reference: 36-C4
  • Parcel: 068-064-040
  • Block: 402
  • Lot: 13
  • Latitude: 37.4636
  • Longitude: -122.268

    Address

  • Full Address: 740 Vernal Way
  • Address - House Number: 740
  • Address - Street Name: Vernal
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Emerald Hills
  • Carrier Code: C027
  • 4-Digit Zip Code: 3432
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,028
  • Tax Rate Code Area: 73-047

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 3,300,653
  • High Value: 4,018,795
  • Low Value: 2,582,511

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,729,900
  • First Open Lien Mortgage Lender: STANFORD FCU
  • First Open Lien Mortgage Recording Date: Mar 10, 2017
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2032
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 08, 2021
  • Second Open Lien Mortgage Loan Amount: $1,229,900
  • Second Open Lien Mortgage Term: 174
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,624,749
  • Assessed Land Value: $1,093,646
  • Assessed Improvements Value: $1,531,103

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1806444751
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-021203
  • Previous Sale Recording Date: Aug 10, 2001
  • Previous Sale Contract Date: Aug 02, 2001
  • Previous Sale Amount: $1,259,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANFORD FCU
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2032
  • Second Mortgage Lender: PERMANENTE MEDICAL GROUP INC
  • Second Mortgage Transaction Date: Mar 10, 2017
  • Second Mortgage Loan Amount: $175,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER MTG
  • Previous Mortgage Transaction Date: Aug 10, 2001
  • Previous Mortgage Loan Amount: $649,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2031

About Emerald Lake Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 740 Vernal Way located in?
The 740 Vernal Way is a located in the neighborhood of Emerald Lake in Emerald Lake Hills, Redwood City.
What is the average sales price for listings in 740 Vernal Way?
The average sales price for units in 740 Vernal Way is $0 currently.

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