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402 CHESTNUT St, Redwood City, CA 94063
402 CHESTNUT St, Redwood City, CA 94063
402 CHESTNUT St, Redwood City, CA 94063
Listing courtesy of: Paymon Ghafouri, Cashin Company
Sale Pending (MLS-listed)
Listed at: $368,000

402 CHESTNUT St Redwood City, CA 94063

Beds: 4
Baths: 2
Sq. Ft.: 1,364
$/Sq. Ft.: $270
Lot Size: 5,500 Sq. Ft.
Stories:1
View:Neighborhood
Year Built: 1905
Community: Lenolt
County: San Mateo
MLS#: 80951369
Source: MLSListings
Status: Pending With Release This listing is in escrow and all contingencies have been fulfilled. "With Release" means that there's a release clause with the offer stating that the buyer is trying to sell his current home before closing. A release clause lets the seller back out of the deal if the buyers can't sell their home within a set time frame.
On Redfin: 25 days
Nice duplex in great location! Across the street from playground, walking distance to main library, CalTrain, Restored downtown--with many free City entertainment events plus restaurants, coffee shops, stores & 20 screen movie theatre. Units were remodeled by previous owner with new windows, floors, fixtures and cabinets. Excellent investment opportunity - live in one/rent the other!

Laundry Information

  • 220 Volts in Laundry Area

Building Information

  • # of Units (Total): 2
  • Concrete Slab Foundation
  • Shingle Roof

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Size: 730
  • Rent: $1,850

Location Information

  • Cross Street: Middlefield Road

Financial Information

  • Tax Amount: $8,541.24
  • Gross Rent Multiplier: 8.21
  • Laundry Income: $400
  • Rental Income: $44,400
  • Net Income: $28,915
  • Gross Scheduled Income: $44,800
  • Gross Annual Income: $43,456
  • Gross Annual Income Includes: Laundry
  • Gross Annual Income Includes: Rents
  • Capitalization Rate: 7.8570000000
  • Financial Information Source: Limited Information

Listing Information

  • Lender Approval Required/Short Sale
  • AVM: Allow AVM
  • Commenting: Allow Commenting

Heating & Cooling

  • Gas Heat

Parking Information

  • Carport(s)

Unit 2 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Size: 634
  • Rent: $1,850

Property Information

  • # of Buildings: 1
  • Zoning: r

Expense Information

  • Garbage
  • Sewer
  • Water
  • Garbage: $1,000
  • Insurance: $2,000
  • Maintenance: $1,000
  • Utility: $1,000
  • Water/Sewer: $1,000
  • Total: $14,541
  • Owner Pays Garbage
  • Owner Pays Water
  • Tenant Pays Gas
  • Tenant Pays Cable TV
  • Tenant Pays Electric

Utility Information

  • City/Public Water
  • Sewer in and Connected
  • Individual Gas Meter

Multi-Family Information

  • 2 Bedroom Unit(s)
  • Vacancy Factor: 3
  • Vacancy Amount: 1344
  • Existing Rental Terms: Month-to-Month Rental(s)

Lot Information

  • Level Lot
  • Parcel Number: 053-162-060

Community Information

  • 2 Units

School Information

  • Elementary District: Redwood City Elementary
  • High School District: Sequoia Union High

Listing last changed

November 13, 2009, 2:14 PM

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Property History for 402 CHESTNUT St

Date Event Price Appreciation Source
Nov 12, 2009 Delisted -- -- Inactive MLSListings #7
Oct 29, 2009 Listed $368,000 -- Inactive MLSListings #7
Jun 16, 2005 Sold (Public Records) $770,000 20.3%/yr Public Records
Apr 08, 2004 Sold (Public Records) $618,000 18.5%/yr Public Records
Dec 28, 2001 Sold (Public Records) $420,000 -- Public Records

NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.

Public Facts for 402 CHESTNUT St

Beds: 2
Baths: 1.0
Finished Sqft: 1364
Unfinished Sqft: -
Total Sqft: 1364
Floors: 1
Lot Size: 5,500
Style: Single Family Residential
Year Built: 1905
Year Renovated: -
County: San Mateo County
APN: 053162060
Last Updated: November 18, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $416,736
Additions $416,736
Total $833,472
Tax (2008) $8,752

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