Wonderful multi-unit property in the heart of Redwood City. 541 Madison Avenue is a well maintained property with three unique floor plans. The property boasts a 3 bedroom 2 bath downstairs unit with private yard, a 2 bedroom 1 bath upstairs unit, and a 1bedroom 1 bath upstairs unit. All units come with a private 1 car garage. On site laundry room for tenant convenience. Property is located close to schools, shopping and bus lines. Recent updates include new roof in 2021 over main building, new exterior paint, fencing and more. New Garage roof just installed November 2023
Sold for $1,605,000
$1,605,000
541 Madison Ave, Redwood City, CA 94061
6beds
4baths
2,500sqft
Triplex, Residential Income
Built in 1963
-- sqft lot
$1,783,500 Zestimate®
$642/sqft
$4,609 Estimated rent
Home value
$1,783,500
$1.62M - $1.96M
$4,609/mo
Zestimate® history
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$10,234/mo
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List your homeWhat's special
Private yardClose to schoolsNew roofLaundry roomNew garage roofNew exterior paint
Zillow last checked:
Listing updated:
Listed by:
Warren Kohn 01012886 408-893-9339,
Intero Real Estate Services 650-947-4700,
Susan Kramer 01399140 650-464-0692,
Intero Real Estate Services
Bought with:
Martina Wong, 01353626
Gentry Real Estate
Source: MLSListings Inc,MLS#: ML81940050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Kitchen
- Features: Countertop_Formica, Countertop_Other
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Washer/Dryer
- Laundry: Coin Operated
Features
- Flooring: Carpet, Hardwood, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Detached
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 5,200 Square Feet
Details
- Parcel number: 053052050
- Zoning: R40000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Other, RolledHotMop
Condition
- Year built: 1963
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Redwood City
Financial & listing details
- Price per square foot: $642/sqft
- Tax assessed value: $1,637,100
- Annual tax amount: $7,302
- Date on market: 8/28/2023
- Listing agreement: ExclusiveAgency
- Listing terms: CashorConventionalLoan
- Inclusions: Building, Other
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2024 | Sold | $1,605,000-1.5%$642/sqft |
Source:  MLSListings Inc #ML81940050 Report a problem | ||
| 12/11/2023 | Pending sale | $1,629,000$652/sqft |
Source: MLSListings Inc #ML81940050 Report a problem | ||
| 11/4/2023 | Price change | $1,629,000-6.9%$652/sqft |
Source: MLSListings Inc #ML81940050 Report a problem | ||
| 8/28/2023 | Listed for sale | $1,750,000-11.8%$700/sqft |
Source: MLSListings Inc #ML81940050 Report a problem | ||
| 11/2/2022 | Listing removed | -- |
Source:  MLSListings Inc #ML81896786 Report a problem | ||
| 6/17/2022 | Listed for sale | $1,985,000+65.4%$794/sqft |
Source: MLSListings Inc #ML81896786 Report a problem | ||
| 6/1/2008 | Listing removed | $1,200,000$480/sqft |
Source: Intero Commercial #731118 Report a problem | ||
| 11/13/2007 | Listed for sale | $1,200,000$480/sqft |
Source: Intero Commercial #731118 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,972 -15.9% | $1,637,100 -14.9% |
| 2024 | $21,376 +1.5% | $1,924,740 +2% |
| 2023 | $21,052 +185.5% | $1,887,000 +180.8% |
| 2022 | $7,373 +1% | $671,946 +2% |
| 2021 | $7,302 +1.3% | $658,772 +1% |
| 2020 | $7,205 +0.4% | $652,018 +2% |
| 2019 | $7,179 +2.5% | $639,234 +2% |
| 2018 | $7,003 +1.1% | $626,701 +2% |
| 2017 | $6,928 +1.8% | $614,414 +2% |
| 2016 | $6,804 +3.8% | $602,367 +1.5% |
| 2015 | $6,552 +1.9% | $593,320 +2% |
| 2014 | $6,428 | $581,699 +0.5% |
| 2013 | -- | $579,071 +2% |
| 2012 | -- | $567,717 |
| 2011 | -- | $567,717 +2.8% |
| 2010 | -- | $552,428 -0.2% |
| 2009 | -- | $553,741 +2% |
| 2008 | -- | $542,884 +2% |
| 2007 | -- | $532,240 +2% |
| 2006 | -- | $521,805 |
| 2005 | -- | $521,805 +4% |
| 2004 | -- | $501,544 +1.9% |
| 2003 | -- | $492,353 +2% |
| 2002 | -- | $482,700 +2% |
| 2001 | -- | $473,236 +2% |
| 2000 | -- | $463,958 |
Find assessor info on the county website
Neighborhood: Central
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Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10McKinley Institute Of TechnologyGrades: 6-8Distance: 0.3 mi
- 7/10Sequoia High SchoolGrades: 9-12Distance: 0.6 mi
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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Estimated market value
$1,783,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,783,500
- California
- San Mateo County
- Redwood City
- 94061
- Central
- 541 Madison Ave
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Nearby neighborhoods
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