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40 Pelican Ln

Redwood City, CA 94065

2 bd 1 ba 1,170 sqft Built 1985 condos
Most recent sale
$918,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $918,000 MLS #ML81881053
Mar 10, 2022 Listed $858,000 MLS #ML81881053
Jan 13, 2017 Sold $740,000 MLS #ML81632969
Jan 3, 2017 Listing removed $739,000 ContraCosta
Dec 9, 2016 Listed $739,000 MLS #52090623
Dec 1, 2016 Listed $739,000 MLS #ML81632969
Dec 21, 2011 Sold $323,000 MLS #81147666
Nov 15, 2011 Listed $299,000 MLS #81147666
Jul 27, 2006 Sold $565,000 Public Record
May 30, 2003 Sold $385,750 Public Record
Jan 8, 2002 Sold $365,000 Public Record
Dec 21, 1995 Sold $196,500 Public Record
Jun 27, 1991 Sold $220,500 Public Record
Mar 31, 1989 Sold $210,000 Public Record
May 22, 1985 Sold $147,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $681,932 $292,256 $974,188 $11,159
2024 $681,932 $292,256 $974,188 $10,860
2023 $609,700 $261,300 $871,000 $9,960
2022 $566,506 $242,787 $809,293 $9,123
2021 $555,399 $238,027 $793,426 $9,052
2020 $549,705 $235,587 $785,292 $8,958
2019 $538,927 $230,968 $769,895 $8,867
2018 $528,360 $226,440 $754,800 $8,703
2017 $244,698 $104,869 $349,567 $4,116
2016 $239,900 $102,813 $342,713 $4,016
2015 $236,297 $101,269 $337,566 $4,007
2014 $231,669 $99,286 $330,955 $3,855
2013 $230,622 $98,838 $329,460 $3,834
2012 $226,100 $96,900 $323,000 $3,789
2011 $347,000 $148,000 $495,000 $5,606
2010 $321,000 $137,000 $458,000 $5,120
2009 $354,000 $151,000 $505,000 $5,564
2008 $403,410 $172,890 $576,300 $6,273
2007 $395,500 $169,500 $565,000 $6,105

Property facts

Year built
1985
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
1,170 sqft
Lot size
ZIP code
94065
City
Redwood City
Street
Pelican Ln
Coordinates
37.53116, -122.25600

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,744
Gross rental yield
4.89%
Implied cap rate
3.18%
Trend-extrapolated value

Frequently asked questions

When did 40 Pelican Ln last sell?
40 Pelican Ln most recently sold on Apr 11, 2022 for $918,000.
What is the current tax assessment for 40 Pelican Ln?
The most recent total assessment for 40 Pelican Ln (year 2025) is $974,188 with $11,159 in property tax.
How does 40 Pelican Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $918,000.
When was 40 Pelican Ln built?
40 Pelican Ln was built in 1985.
How does 40 Pelican Ln compare to others on Pelican Ln?
We track 8 other properties on Pelican Ln. Browse the list under "Other properties on Pelican Ln" to compare beds, baths, and sale history.
What are the property facts for 40 Pelican Ln?
40 Pelican Ln is a 2 bed, 1 bath, 1,170 sqft condos.
Is 40 Pelican Ln a flip candidate?
No — 40 Pelican Ln does not appear in our flips dataset.
Is 40 Pelican Ln a tax-appeal candidate?
No — 40 Pelican Ln 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
-2.0%
Implied 1-yr
-7.8%
2026 Q2
$1.31M
2026 Q3
$1.28M
ZIP 94065 — Median Price History + Forecast

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