Sold820d on market
541 Madison Ave
Redwood City, CA, 94061 • Central • San Mateo County
$1,605,000
$642/sqft
6Beds
4Baths
2,500Sqft
0.12 acLot
1963Built
Property DNA
3-Car Garage
Assigned · Detached
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
820 days on market
Established listing
$642/sqft
Price per square foot
About this home
Multi Family · Built 1963
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
Standout features identified
Our analysis highlights private yard, close to schools, and new roof as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,119/month
Principal & Interest$7,979
Property Tax$1,605
Insurance$535
Down payment20% ($321,000)
3%50%
Est. 6.34% rate · 30yr fixed · $1,284,000 loan
Full calculator →At a glance
Key facts and listing details
TypeTriplex, Residential Income
Year Built1963
HeatingWall Furnace
CoolingNone
Parking3 Garage spaces
Property
Home typeMulti Family
Sub-typeTriplex, Residential Income
Year built1963
Stories2
Systems
HeatingWall Furnace
CoolingNone
RoofOther, RolledHotMop
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Detached
Garage3 spaces
Lot5,200 sqft
Location & Tax
NeighborhoodCentral
ZoningR40000
Annual tax$7,302
Parcel053052050
Features & details
9 categories of property features
Interior Features
Appliances
Washer/Dryer
Flooring
Carpet
Hardwood
Vinyl Linoleum
Heating
Wall Furnace
Cooling
None
Laundry
Coin Operated
Accessibility
None
Exterior Features
Parking
Assigned
Detached
Utilities
Public Utilities
Water Public
Gas
PublicUtilities
Room details
1 room detailed
Kitchen
Countertop_FormicaCountertop_Other
Listing insights
Market data and value estimates
StatusSold
Days on market820
Est. value$1,770,600
Est. rent$3,531/mo
Tax rate1.12%
Price/sqft$642
On marketAug 28, 2023
PostedAug 28, 2023
Last sold$1,605,000
MLS updatedJan 31, 2026
Tour days6
Views5
How are the schools in Redwood City?
2 schools rated nearby
Location
Redwood City, CA, 94061
Price history
8 events
DateEventPrice$/sqftSource
Jan 10, 2024Sold$1,605,000$642MLSListings Inc
Dec 11, 2023Pending Sale$1,629,000$652MLSListings Inc
Nov 4, 2023Price Change$1,629,000$652MLSListings Inc
Aug 28, 2023Listed For Sale$1,750,000$700MLSListings Inc
Nov 2, 2022Listing Removed——MLSListings Inc
Jun 17, 2022Listed For Sale$1,985,000$794MLSListings Inc
Jun 1, 2008Listing Removed$1,200,000$480Intero Commercial
Nov 13, 2007Listed For Sale$1,200,000$480Intero Commercial
Sold$1,605,000
Jan 10, 2024•$642/sqft•MLSListings Inc
Pending Sale$1,629,000
Dec 11, 2023•$652/sqft•MLSListings Inc
Price Change$1,629,000
Nov 4, 2023•$652/sqft•MLSListings Inc
Listed For Sale$1,750,000
Aug 28, 2023•$700/sqft•MLSListings Inc
Listing Removed—
Nov 2, 2022•MLSListings Inc
Listed For Sale$1,985,000
Jun 17, 2022•$794/sqft•MLSListings Inc
Listing Removed$1,200,000
Jun 1, 2008•$480/sqft•Intero Commercial
Listed For Sale$1,200,000
Nov 13, 2007•$480/sqft•Intero Commercial
Tax history
26 years of records
YearTax paidAssessed value
Apr 10, 2025$17,972$1,637,100
Apr 10, 2024$21,376$1,924,740
Apr 10, 2023$21,052$1,887,000
Apr 10, 2022$7,373$671,946
Apr 10, 2021$7,302$658,772
Apr 10, 2020$7,205$652,018
Apr 10, 2019$7,179$639,234
Apr 10, 2018$7,003$626,701
Apr 10, 2017$6,928$614,414
Apr 10, 2016$6,804$602,367
Apr 10, 2015$6,552$593,320
Apr 10, 2014$6,428$581,699
Apr 10, 2013—$579,071
Apr 10, 2012—$567,717
Apr 10, 2011—$567,717
Apr 10, 2010—$552,428
Apr 10, 2009—$553,741
Apr 10, 2008—$542,884
Apr 10, 2007—$532,240
Apr 10, 2006—$521,805
Apr 10, 2005—$521,805
Apr 10, 2004—$501,544
Apr 10, 2003—$492,353
Apr 10, 2002—$482,700
Apr 10, 2001—$473,236
Apr 10, 2000—$463,958
Nearby homes
Neighborhood details
Local context around this listing
Redwood City, CA • San Mateo County
Nearby neighborhoods
CentralFarm HillFriendly AcresMt. CarmelPalmRedwood OaksRedwood ShoresRooseveltStambaugh-HellerWoodside Plaza
Nearby cities
BurlingameDaly CityFoster CityMenlo ParkPacificaRedwood CitySan BrunoSan Carlos
Nearby zip codes
940299405994061940639406494065
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Based on information from the MLSListings MLS as of 2026-04-09 22:07:05 PDT. 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. Properties may or may not be listed by the office/agent presenting the information.
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