553 3rd Ave, Redwood City, California 94063, Redwood City, 94063 - 3 bed, 2 bath
ACTIVE$1,200,000
553 3rd Ave, Redwood City, California 94063
3Beds
2Baths
1,160Sqft
Lot
Year Built
1930
Close
-
List price
$1.2M
Original List price
$1.4M
Price/Sqft
$1,034
HOA
-
Days on market
-
Sold On
-
MLS number
250045222SD
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.20M(38th), sqft - 1160(50th), beds - 3(50th), baths - 2(50th).
Property with Solar Panels, Step inside this charming Redwood City home, where comfort meets convenience on a spacious lot surrounded by natural beauty. This beautiful home offers style, space, and a prime location within the San Mateo School District. 3 bedrooms(4 more bedrooms total of 7) and 2 full baths (2 more total of 4) , across a bright layout filled with natural light. The kitchen, facing the street, features granite counters and stainless steel appliancesperfect for both everyday cooking and entertaining.
Price History
Date
Event
Price
12/12/25
Price Change
$1,200,000-7.7%
12/10/25
Price Change
$1,300,000-7.1%
12/05/25
Listing
$1,400,000
Condition Rating
Fair
Built in 1930, the property shows its age despite some updates. While the kitchen features granite counters and stainless steel appliances, suggesting a renovation, the style of the bathroom vanity, light fixtures, and ceiling fans in other rooms appear dated. The flooring is a mix of tile and dark hardwood, which is functional but not necessarily contemporary. The property appears maintained, but many elements are outdated and would benefit from further modernization. The conflicting room count in the description is also a significant concern that could imply unpermitted work, impacting its overall condition and future value.
Pros & Cons
Pros
Solar Panels: The property is equipped with solar panels, offering significant energy savings and reduced utility costs for the homeowner.
Prime Location & School District: Situated in a desirable Redwood City location, the home benefits from its proximity to amenities and inclusion within the highly-rated San Mateo School District.
Spacious Lot: The property features a spacious lot surrounded by natural beauty, providing ample outdoor space and potential for landscaping or future expansion.
Updated Kitchen: The kitchen has been updated with granite counters and stainless steel appliances, offering a modern and functional space for cooking and entertaining.
Significant Price Reduction: The property has seen a substantial price reduction from its original list price of $1.4M to $1.2M, indicating a motivated seller and potential value for buyers.
Cons
Conflicting Room Count & Square Footage: There is a significant discrepancy between the listed 3 beds/2 baths (1160 sqft) and the description mentioning '7 bedrooms and 4 full baths,' which strongly suggests potential unpermitted additions, illegal conversions, or extremely small rooms, posing legal and financial risks.
Age of Property: Built in 1930, the home's age may imply the need for updates to major systems (plumbing, electrical, HVAC) and ongoing maintenance typical of older constructions.
Market Perception (Price Drops): Multiple price reductions from the initial listing price could indicate challenges in market valuation or buyer perception, potentially signaling underlying issues or overpricing.