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3875 Jefferson Avenue

3875 Jefferson Avenue, Redwood City, CA 94062
Property in Emerald Hills
Sold May 11, 2020
$3,125,000
$2,500,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2050
Sold Jul 13, 2018
$3,155,000
$1,577,500 by Quicken Loans Inc
Mortgage Due Aug 01, 2048
3875 Jefferson Avenue in Redwood City, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3875 Jefferson Avenue has 2,486 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 27,053 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3875 Jefferson Avenue was last sold in May 4, 2020 for $3,125,000. According to our calculations, that's $1,257.04 per sqft. Prior to that sales transaction, the property was sold for $3,155,000 in Jul 9, 2018. Current property owners are expected to pay $36,445 in taxes per year. The property on 3875 Jefferson Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,220,522. To break that down further, the land itself was valued at $2,164,191. While improvements to the property were assessed at a total of $1,056,331. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,053
  • Total Building Area: 2,486
  • Gross Building Area: 2,486
  • Building Area: 2,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYNDA LAKE GARDENS
  • Land Acres: 0.621
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL B PM 76/15

Ownership

  • Current Owner : PARK SUNG SIM
  • Current Owner 2: MOSKEWICZ MATTHEW W
  • Previous Owner : TAYLOR GILLIAN
  • Owner Before Previous Owner: STRONG DAVID L
  • Owner Before Previous Owner 2: STRONG JO ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611100

Geography

  • Parcel: 057-270-760
  • Lot: 2,A
  • Latitude: 37.4606
  • Longitude: -122.261

    Address

  • Full Address: 3875 Jefferson Ave
  • Address - House Number: 3875
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Emerald Hills
  • Carrier Code: C011
  • 4-Digit Zip Code: 3435
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,445
  • Tax Rate Code Area: 73-047

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,685,702
  • High Value: 3,281,027
  • Low Value: 2,090,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 11, 2020
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • 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: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,220,522
  • Assessed Land Value: $2,164,191
  • Assessed Improvements Value: $1,056,331

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11762376111
  • Current Sale Price: $3,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-041812
  • Previous Sale Recording Date: Jul 13, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $3,155,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jul 13, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,577,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Emerald Lake Hills



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Frequently Asked Questions

What neighborhood is 3875 Jefferson Avenue located in?
The 3875 Jefferson Avenue is a located in the neighborhood of Emerald Hills in Emerald Lake Hills, Redwood City.
What is the average sales price for listings in 3875 Jefferson Avenue?
The average sales price for units in 3875 Jefferson Avenue is $0 currently.

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