Check Availability

966 Governor's Bay Drive

966 Governor's Bay Drive, Redwood City, CA 94065
Property in Redwood Shores
Sold Jun 13, 2005
$1,550,500
$50,000 by Citibank Na
Mortgage Due Dec 27, 2036
Sold Jun 30, 1998
$768,000
$614,400 by Provident Central Credit Union
Mortgage Due Jul 01, 2028
Local assessors in Redwood City, CA have categorized 966 Governor's Bay Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 4,952 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 550 ft. 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 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 3 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 966 Governor's Bay Drive has a total of 3,040 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 510 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 wood 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 are 3 fireplaces 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, 966 Governor's Bay Drive sold most recently in Jun 1, 2005 for a total of $1,550,500. If you work out the math, that's approximately a cost of $436.76 per sqft. Before that, the property was also sold for $768,000 in Jun 17, 1998. 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 $23,477 in taxes each year. 966 Governor's Bay Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,036,994. If we break it down further, the land itself was valued at $1,018,497. Improvements to the property, however, were assessed at a total of $1,018,497. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 510
  • Garage Type: Underground/basement
  • Garage Square Area: 510
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,952
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,550
  • Gross Building Area: 3,550
  • Building Area: 3,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 3
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GOVERNORS BAY
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15 GOVERNORS BAY RSM 123/50-57

Ownership

  • Current Owner : KIM PHILIP
  • Current Owner 2: KIM JUNGWON
  • Previous Owner : FAN MARK
  • Previous Owner 2: FAN SUSY YEN WEN
  • Owner Before Previous Owner: OLKIN TERRY M
  • Owner Before Previous Owner 2: OLKIN CATHERINE B
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 610303

Zoning

  • Zoning: R10000

Geography

  • Assessors Map Reference: 33-F1
  • Parcel: 095-380-150
  • Lot: 15
  • Latitude: 37.5395
  • Longitude: -122.233

    Address

  • Full Address: 966 Governors Bay Dr
  • Address - House Number: 966
  • Address - Street Name: Governors Bay
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C015
  • 4-Digit Zip Code: 2205
  • Zip Code: 94065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,477
  • Tax Rate Code Area: 09-123

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 3,004,078
  • High Value: 3,558,620
  • Low Value: 2,449,537

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,218,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2006
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 27, 2036
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 17, 2019
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Feb 02, 2049
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Jan 04, 2022
  • Third Open Lien Mortgage Loan Amount: $918,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,036,994
  • Assessed Land Value: $1,018,497
  • Assessed Improvements Value: $1,018,497

    Sales

  • Current Sale Contract Date: Jun 01, 2005
  • Current Sale Recording Date: Jun 13, 2005
  • Current Sale Transaction ID: 1048781664
  • Current Sale Price: $1,550,500
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 2005097201
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Contract Date: Jun 17, 1998
  • Previous Sale Amount: $768,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Jun 13, 2005
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT CENTRAL CREDIT UNION
  • Previous Mortgage Transaction Date: Jun 30, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $614,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Redwood Shores



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 966 Governor's Bay Drive located in?
The 966 Governor's Bay Drive is a located in the neighborhood of Redwood Shores in Redwood Shores, Redwood City.
What is the average sales price for listings in 966 Governor's Bay Drive?
The average sales price for units in 966 Governor's Bay Drive is $0 currently.

Nearby Counties
Quantcast