tomo logo

$1,250,000

Beds
2
Baths
1.5
sq ft
1,005

1518 Stafford St, Redwood City, CA 94063

1518 Stafford St

Redwood City, CA 94063

  • 17 days on market
    • Price drop $100,000↓
    • Open house Jan 26
**Exciting Live/Work Opportunity with Flexible MUN Zoning!** Discover this beautifully updated property, currently operating as a daycare, that offers incredible flexibility. Zoned Mixed Use Neighborhood (MUN), it can easily be converted back to a charming single-family home featuring three bedrooms and 1.5 baths. Key features include: - Newer luxury vinyl flooring - Dual-pane windows - Split-system heating and air conditioning in every room - Modern bath with a walk-in shower - Tankless water heater - Updated electrical and plumbing - A cozy living room with a wood-burning fireplace Enjoy the spacious private backyardperfect for relaxing or entertaining. Conveniently located near shopping, transportation, and vibrant downtown Redwood City, this property is truly a must-see! Seize this unique opportunity to create your ideal live/work space today!

Details

Property type

Single Family Residence

Est. home value

$1,222,035

Lot size

5,000 sq ft

Price per sq ft

$1,244

Year built

1944

HOA

No

Price History

01/21/2025
BridgeMLS

BridgeMLS #ML81987721

Price change
$1,250,000
-7.41%
01/06/2025
BridgeMLS

BridgeMLS #ML81987721

Listed
$1,350,000
-9.88%
12/05/2024
BridgeMLS

BridgeMLS #ML81978500

Removed
$1,498,000

Schools & Community

Neighborhood: 

Centennial

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

Wells Fargo Bank Na

Loan start date

October 2005

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.71%

Loan type

Credit Line (Revolving), 40 year

Seller

David C Paine and Josephine H Paine

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: 01/23/2025 at 10:45 PM

Listing updated: 01/21/2025 at 11:20 PM

Listed by: Allen Nazari, Park Lane Capital Inc Phone #: (650) 313-7619

MLS: BridgeMLS #ML81987721

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