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1603 Madison Ave

Redwood City, CA 94061

2 bd 2 ba 1,370 sqft Built 1946 Lot 5,400 sqft single_family
Most recent sale
$2,022,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $2,022,000 MLS #ML81882775
Mar 17, 2022 Listed $1,799,000 MLS #ML81882775
Apr 21, 2020 Sold $1,603,000 MLS #ML81786534
Mar 12, 2020 Listed $1,495,000 MLS #ML81786534
Dec 18, 2017 Sold $1,050,000 MLS #ML81683819
Nov 3, 2017 Listed $949,000 MLS #ML81683819

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $316,500 $1,403,500 $1,720,000 $20,117
2024 $316,500 $1,403,500 $1,720,000 $21,465
2023 $338,000 $1,497,000 $1,835,000 $21,453
2022 $401,920 $1,250,077 $1,651,997 $18,908
2021 $394,040 $1,225,566 $1,619,606 $17,662
2020 $154,838 $993,582 $1,148,420 $12,571
2019 $96,900 $974,100 $1,071,000 $11,920
2018 $95,000 $955,000 $1,050,000 $11,609
2017 $53,424 $25,333 $78,757 $989
2016 $52,377 $24,837 $77,214 $947
2015 $51,591 $24,464 $76,055 $914
2014 $50,581 $23,985 $74,566 $898
2013 $50,353 $23,877 $74,230 $921
2012 $49,366 $23,409 $72,775 $909
2011 $48,399 $22,950 $71,349 $827
2010 $48,038 $22,779 $70,817 $817
2009 $48,153 $22,834 $70,987 $781
2008 $47,209 $22,387 $69,596 $765
2007 $46,284 $21,949 $68,233 $746

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,370 sqft
Lot size
5,400 sqft
ZIP code
94061
City
Redwood City
Street
Madison Ave
Coordinates
37.47137, -122.24089

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,132
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1603 Madison Ave last sell?
1603 Madison Ave most recently sold on May 9, 2022 for $2,022,000.
What is the current tax assessment for 1603 Madison Ave?
The most recent total assessment for 1603 Madison Ave (year 2025) is $1,720,000 with $20,117 in property tax.
How does 1603 Madison Ave's assessment compare to its last sale price?
The current assessment is 14.9% below the last sale price of $2,022,000.
When was 1603 Madison Ave built?
1603 Madison Ave was built in 1946.
How does 1603 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1603 Madison Ave?
1603 Madison Ave is a 2 bed, 2 bath, 1,370 sqft, 5,400 sqft lot single_family.
Is 1603 Madison Ave a flip candidate?
No — 1603 Madison Ave does not appear in our flips dataset.
Is 1603 Madison Ave a tax-appeal candidate?
No — 1603 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$1.8M
2026 Q4
$1.8M
ZIP 94061 — Median Price History + Forecast

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