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426 Lancaster Way

426 Lancaster Way, Redwood City, CA 94062
Property in Farm Hill
Sold Oct 31, 2000
$445,000
Buyer
$356,000 by Wells Fargo Home Mtg Inc
Mortgage Due Nov 01, 2030
Sold Jul 26, 1996
$245,000
$196,000 by Bank Of America National Tr &
Mortgage Due Aug 01, 2026
426 Lancaster Way in Redwood City, CA was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. 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 3 full bathrooms. There are 4 partial bathrooms. 426 Lancaster Way has 1,829 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. The linear feet across the front of the lot is 560 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 6,048 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 209 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 426 Lancaster Way sold most recently in Oct 20, 2000 for a total of $445,000. If you work out the math, that's approximately a cost of $243.30 per sqft. Before that, the property was also sold for $245,000 in Jul 18, 1996. 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 $9,986 in taxes each year. 426 Lancaster Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $823,601. If we break it down further, the land itself was valued at $315,925. Improvements to the property, however, were assessed at a total of $507,676. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Block
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 209
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,048
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,829
  • Gross Building Area: 1,829
  • Building Area: 1,829
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,829
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY OF REDWOOD CITY
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 4 OAK RIDGE RSM 28/11 12 CITY OF REDWOOD CITY

Ownership

  • Current Owner : RAM SUCHA
  • Previous Owner : BOWER STEVEN D
  • Owner Before Previous Owner: SCHARFE JOHNSON HEIDI
  • Owner Before Previous Owner 2: DAVID JOHNSON KEITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609800

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 36-D4
  • Parcel: 058-302-040
  • Block: 4
  • Lot: 4
  • Latitude: 37.4712
  • Longitude: -122.25

    Address

  • Full Address: 426 Lancaster Way
  • Address - House Number: 426
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Redwood City
  • Carrier Code: C007
  • 4-Digit Zip Code: 2924
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,986
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 68
  • Final Value: 1,924,076
  • High Value: 2,359,129
  • Low Value: 1,489,022

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $511,000
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Open Lien Mortgage Recording Date: Oct 31, 2000
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $356,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2030
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 27, 2019
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $155,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $823,601
  • Assessed Land Value: $315,925
  • Assessed Improvements Value: $507,676

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2000
  • Current Sale Recording Date: Oct 31, 2000
  • Current Sale Transaction ID: 1069460715
  • Current Sale Price: $445,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2000136484
  • Previous Sale Recording Date: Jul 26, 1996
  • Previous Sale Contract Date: Jul 18, 1996
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: Oct 31, 2000
  • First Mortgage Loan Amount: $356,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2030
  • Second Mortgage Loan Amount: $44,500

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NATIONAL TR &
  • Previous Mortgage Transaction Date: Jul 26, 1996
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About Farm Hill



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Frequently Asked Questions

What neighborhood is 426 Lancaster Way located in?
The 426 Lancaster Way is a located in the neighborhood of Farm Hill in Farm Hill, Redwood City.
What is the average sales price for listings in 426 Lancaster Way?
The average sales price for units in 426 Lancaster Way is $0 currently.

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