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For sale
  • $2,650,000

    227 Madrone St, Redwood City, CA 94061

    --beds
    --baths
    4,268sqft
    : 
    $17,890/mo
    Get pre-qualified
    Residential Income
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $621/sqft
    $-- HOA

    What's special

    Updated kitchensStainless steel appliancesRenovated bathroomsExtensive interior renovationsIn-unit washers and dryersUpdated electrical system
    227 Madrone St is a stunning 3-unit apartment community with one single-family home located in the thriving city of Redwood City, California. Situated on a 7,500 square foot parcel of land, the subject property was originally constructed in 1950 and has a gross building area of approximately 4,268 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. 227 Madrone St has undergone significant capital improvements and updates in the past few years, including extensive interior renovations featuring updated kitchens, stainless steel appliances, renovated bathrooms, in-unit washers and dryers, and an updated electrical system. The subject property is located within walking distance to lively Downtown Redwood City, which offers tenants a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Baby Bullet service, is also within walking distance and provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, tenants enjoy easy access to U.S. Route 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge.
    58 days
    |
    174
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Johnston 01853816 510-304-8077,

    Marcus & Millichap 650-391-1700,

    Adam S. Levin 01462752 650-492-0934,

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML82049676MLS Logo

      Facts & features

      Interior

      Heating
      • Central Forced Air
      Cooling
      • Ceiling Fan(s)
      Features
      • Doors: None
      Interior area
      • Total structure area: 4,268
      • Total interior livable area: 4,268 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Covered
      • Carport spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 1
      Lot
      • Size: 7,458 Square Feet
      Details
      • Parcel number: 053331220
      • Zoning: R40000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Residential Income
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1950

      Utilities & green energy

      • Gas: IndividualGasMeters
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters

      Community & HOA

      Location
      • Region: Redwood City

      Financial & listing details

      • Price per square foot: $621/sqft
      • Tax assessed value: $2,649,352
      • Annual tax amount: $29,140
      • Date on market: 6/3/2026
      • Listing agreement: ExclusiveRightToSell
      • Inclusions: Building, Land
      • Lease term: Month To Month

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Listed for sale$2,650,000+11.6%$621/sqft
        Source: MLSListings Inc #ML82049676 Report a problem
        4/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/18/2024Price change$3,000-3.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/4/2024Listed for rent$3,095+12.8%$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/12/2021Price change$2,745-3.5%$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/9/2021Listed for rent$2,845-26.6%$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/1/2020Listing removed$3,875$1/sqft
        Source: Owner Report a problem
        2/27/2020Listed for rent$3,875$1/sqft
        Source: Owner Report a problem
        10/26/2018Sold$2,375,000$556/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,133 +1.1%$2,649,352 +2%
        2024$28,808 +1.5%$2,597,405 +2%
        2023$28,371 +4.9%$2,546,476 +2%
        2022$27,034 +1%$2,496,546 +2%
        2021$26,771 +1.4%$2,447,596 +1%
        2020$26,410 +0.4%$2,422,500 +2%
        2019$26,313 +266.4%$2,375,000 +269.3%
        2018$7,182 +1.1%$643,113 +2%
        2017$7,105 +1.8%$630,504 +2%
        2016$6,980 +5.9%$618,142 +1.5%
        2015$6,593 $608,858 +2%
        2014$6,593 $596,932 +0.5%
        2013-- $594,235 +2%
        2012-- $582,585
        2011-- $582,585 +2.8%
        2010-- $566,896 -0.2%
        2009-- $568,244 +2%
        2008-- $557,103 +2%
        2007-- $546,180 +2%
        2006-- $535,471
        2005-- $535,471 +4%
        2004-- $514,679 +1.9%
        2003-- $505,247 +2%
        2002-- $495,341 +2%
        2001-- $485,629 +2%
        2000-- $476,108
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Redwood Oaks

        Getting around

        89 / 100
        Very Walkable
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: RedwoodCityElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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