tomo logo

$2,575,000

Beds
4
Baths
3.5
sq ft
2,710

1148 5th Ave, Redwood City, CA 94063

1148 5th Ave

Redwood City, CA 94063

  • 31 days on market
Welcome to Friendly Castle! Originally built in 1936 by Harry Friend, developer of the Friendly Acres neighborhood, this magnificent and grand property has been tastefully restored and enhanced. Featuring a 4BD/3.5BA split level Spanish style main home and a 1BD/1BD ADU on a 9,000 square foot corner lot, this home offers the utmost in privacy and living accommodations. The layout provides the flexibility to entertain and utilize the property as a single estate, as a multi generational compound, or have multiple streams of income from the ADU and/or lower 1BD/1BA area with its own kitchenette! The total living area of 3135 sq. ft in addition to 2-car garage, landscaped grounds and patio area. Amenities include cathedral ceilings, original restored inlay parquet hardwood floors, and a bonus reading room in the upper tower. The property is in close proximity to the new Stanford campus. Home and pest inspections are on file. See photos, videos, floor and 3D on MLS.

Details

Property type

Single Family Residence

Est. home value

$1,550,630

Lot size

9,000 sq ft

Price per sq ft

$951

Year built

1936

Price History

08/19/2024
BridgeMLS

BridgeMLS #ML81977272

Listed
$2,575,000
+71.67%
01/19/2023
MLSL

MLSL #ML81914319

Sold
$1,500,000

Schools & Community

Neighborhood: 

Friendly Acres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

January 2024

Original loan amount

$1,080,000

Est. remaining balance

Not provided

Interest rate

7.62%

Loan type

New Conventional, 30 year

Seller

Joe T H Chen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 6:10 PM

Listing updated: 09/09/2024 at 4:26 AM

Listed by: Jeffrey Yang, Infohome Inc Phone #: (408) 483-3528

MLS: BridgeMLS #ML81977272

BridgeMLS logo

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