227 Madrone St, Redwood City, CA, 94061
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Residential Income
Interior
Features
- Door features: None
Heating & Cooling
- Heating features: Central Forced Air
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 4,268
- Total interior livable area: 4,268 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 053331220
- Zoning: R40000
- Special condition: Standard
Features
- Stories: 1
Lot
- Lot size: 7,458 sqft
Parking
- Total spaces: 4
- Parking features: Carport,Covered
- Covered spaces: 4
- Carport: Yes
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in San Mateo County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,399 | $160,788 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $2,427 | $29,124 |
| Electricity | $915 | $10,982 |
| Total | $16,946 | $203,352 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Listed for sale | $2,650,000 |
| 2024-04-24 | Listing removed | -- |
| 2024-04-18 | Price change | $3,000 |
| 2024-04-04 | Listed for rent | $3,095 |
| 2021-06-18 | Listing removed | -- |
| 2021-06-12 | Price change | $2,745 |
| 2021-06-09 | Listed for rent | $2,845 |
| 2021-03-24 | Listing removed | -- |
| 2020-03-01 | Listing removed | $3,875 |
| 2020-02-27 | Listed for rent | $3,875 |
| 2018-10-26 | Sold | $2,375,000 |
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