2 years on rocket

Backup Offers

220 Madison Ave, Redwood City, CA, 94061

$2,098,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,732 SqFt
$562/SqFt
Multi

Location

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220 Madison Ave, Redwood City$2,098,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage4 spaces
Year Built1930
HeatingWall Furnace
CoolingCentral Air
MLS #ML81891931
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 220 Madison Ave

Motivated seller ready to receive offers - Amazing Investment Opportunity in Redwood City near to downtown, in the highly desirable Central neighborhood. Easy access to restaurants, shopping, transportation, CalTrain, HWY 101 and schools. This Multi-family property offers a total of 6 bedrooms, 4 bathrooms, built in 1930 with 3,732 square feet. Front house is a 4 bedroom and 2-bathroom single family home and in the back are two 1-bedroom apartments over 4 car detached garage. Front home is freshly painted, beautiful front porch, large living room with hardwood floors, fireplace, dual pane windows, dining room, remodeled kitchen with granite countertops, new electric cooktop, and dishwasher, 4 bedrooms with new carpet, 2 updated bathrooms, and a charming back porch. Detached apartment in the back has two units, both 1 bedroom, 1 bath, and 1 car attached garage for each, must see!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 3,732 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices DrysdaleProperties
  • Office Phone: (650) 365-9200
  • Listing Agent: Lucy Paludeti

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood

Exterior Features

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 101 - take exit Whipple Avenue Redwood City, than turn right on Jefferson Ave, than turn left on El Camino Real, than turn right on Madison Avenue. The house will be on your right. Cross Street: Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,098,000
  • Price Per SqFt: $562/SqFt

Tax Information:

  • Annual Amount: $1,663
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redwood City, CA.

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Redwood City, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,116

Avg. Days On Market

23

# of Sold Homes

49

220 Madison Ave vs Redwood City

950 DAYS ON ROCKET

+927 Days

$2,098,000

+$342K More

$562/SqFt

-$554 Less

KEY TAKEAWAY

This property is $342K more than the Median Sold Price and $554/SqFt less than other homes in Redwood City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81891931

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices DrysdaleProperties
  • Office Phone: (650) 365-9200
  • Listing Agent: Lucy Paludeti

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,663$141,423
2020$1,657$139,974
2019$1,617$137,230
2018$1,617$134,540
2017$1,524$131,903

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,356

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-960066
5
/10

  • Rocketship Redwood City

  • 909 Roosevelt Ave

  • 0.50 miles

  • Public Charter Grades KG-5

school-card-donut-960067
6
/10

  • Orion Alternative

  • 555 Avenue Del Ora

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-960068
6
/10

  • Adelante Selby Spanish Immersion

  • 170 Selby Ln

  • 1.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,982. Most Redwood City, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›Redwood City›94061›220 Madison Ave

This home is located at 220 Madison Ave in Redwood City, CA and zip code 94061 in the Roosevelt neighborhood. This 3,732 square foot home, which was built in 1930, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 16, 2022 and is currently priced at $2,098,000.

While more than 24 listings in Redwood City, CA in November 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Redwood City, CA between October 2024 and November 2024 decreased by 10.8%. The median list price of listings available in November 2024 was $1,755,914, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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