Seller's Agent in 2023
Bob Johnston
Coldwell Banker Realty
(650) 400-5039
7 in this area
89 Total Sales
720 Palomar Dr Redwood City, CA 94062
Alder Manor NeighborhoodEstimated Value: $4,120,000 - $4,566,436
4
Beds
3
Baths
3,200
Sq Ft
$1,371/Sq Ft
Est. Value
Highlights
- Wine Cellar
- 1 Fireplace
- Great Room
- Sequoia High School Rated A
- Bonus Room
- Den
About This Home
As of August 2023Modern Palomar Park home with breathtaking Bay views & meticulous architectural details throughout. Urban materials like steel & concrete are grounded with natural elements of rich woods & glass to create a modern yet timeless masterpiece. Beautiful views from almost every room, especially in the dual master suites flanking the ends of the home. Amenities include an office that serves as 4th bedroom, laundry room, downstairs family room & bonus space + a gym with separate access. Beautiful finishing touches including custom primary closet built-ins and electric window coverings. The custom gourmet kitchen boasts walnut cabinetry, honed granite counters & integrated appliances, overlooking the breakfast nook that flows into the living & dining room & spill outdoors through telescoping doors. Expansive decks overlook a large, tranquil backyard. 3-car garage. All the benefits of a tranquil canyon setting while also conveniently located minutes from 280, downtown SC & RWC & Clifford Elm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,804
Year Built
- Built in 1954
Lot Details
- 0.36 Acre Lot
- Property is Fully Fenced
- Zoning described as R10010
Parking
- 3 Car Garage
- Off-Street Parking
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,200 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Formal Entry
- Wine Cellar
- Great Room
- Combination Dining and Living Room
- Den
- Bonus Room
- Utility Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Zoned Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 051-022-260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Aug 16, 2023
Sold by
Neda N Pakdaman Living Trust
Bought by
Schnell Douglas Kenneth and Urquiza Amanda Noelle
Seller's Agent
Bob Johnston
Coldwell Banker Realty
Buyer's Agent
Julie Alsaegh
Compass
List Price
$4,495,000
Sold Price
$4,600,000
Premium/Discount to List
$105,000
2.34%
Total Days on Market
12
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,391
Avg. Annual Appreciation
-1.16%
Original Mortgage
$3,869,570
Outstanding Balance
$3,812,625
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$698,617
Purchase Details
Closed on
Nov 15, 2019
Sold by
Snider Gregory and Snider Bryn
Bought by
720 Palomar Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 9, 2004
Sold by
Snider Gregory P and Snider Bryn L
Bought by
Snider Gregory and Snider Bryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.97%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 12, 2002
Sold by
Snider Gregory P
Bought by
Snider Gregory P and Snider Bryn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Purchase Details
Closed on
Aug 2, 2002
Sold by
Snider Bryn L
Bought by
Snider Gregory P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schnell Douglas Kenneth | $4,600,000 | Old Republic Title | |
| 720 Palomar Llc | $1,700,000 | Cornerstone Title Company | |
| Snider Gregory | -- | Ticor Title Company Of Ca | |
| Snider Gregory P | -- | New Century Title | |
| Snider Gregory P | -- | New Century Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schnell Douglas Kenneth | $3,869,570 | |
| Previous Owner | 720 Palomar Llc | $2,105,000 | |
| Previous Owner | 720 Palomar Llc | $1,950,000 | |
| Previous Owner | Snider Gregory | $868,500 | |
| Previous Owner | Snider Gregory | $50,000 | |
| Previous Owner | Snider Gregory | $850,000 | |
| Previous Owner | Snider Gregory P | $700,000 | |
| Previous Owner | Snider Gregory P | $600,000 | |
| Previous Owner | Snider Gregory P | $456,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $4,600,000 | +2.3% | $1,438 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $4,495,000 | +7.0% | $1,405 / Sq Ft |
| 04/26/2022 04/26/22 | Sold | $4,200,000 | +0.6% | $1,313 / Sq Ft |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $4,175,000 | -- | $1,305 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $50,804 | $4,284,000 | $3,060,000 | $1,224,000 |
| 2022 | $26,269 | $2,427,915 | $1,855,020 | $572,895 |
| 2021 | $24,849 | $2,273,310 | $1,818,648 | $454,662 |
| 2020 | $24,514 | $2,250,000 | $1,800,000 | $450,000 |
| 2019 | $5,181 | $459,352 | $148,752 | $310,600 |
| 2018 | $5,047 | $450,346 | $145,836 | $304,510 |
| 2017 | $4,993 | $441,517 | $142,977 | $298,540 |
| 2016 | $4,896 | $432,861 | $140,174 | $292,687 |
| 2015 | $4,715 | $426,360 | $138,069 | $288,291 |
| 2014 | $4,626 | $418,009 | $135,365 | $282,644 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Johnston
-
Francesca Lampert
Seller Co-Listing Agent in 2023
Francesca Lampert
Coldwell Banker Realty
(650) 776-1581
7 in this area
96 Total Sales
-
Buyer's Agent in 2023
Julie Alsaegh
Compass
(650) 660-9904
4 in this area
79 Total Sales
-
Jennifer Oldham
Buyer Co-Listing Agent in 2023
Jennifer Oldham
Compass
(408) 835-4119
3 in this area
782 Total Sales
-
Donna Marie Baldwin
Buyer's Agent in 2022
Donna Marie Baldwin
Compass
(650) 796-6080
2 in this area
76 Total Sales
Map
Similar Homes in the area
Source: MLSListings
MLS Number: ML81934866
APN: 051-022-460
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