503 Scott Avenue, Redwood City, California 94063, Redwood City, 94063 - 3 bed, 1 bath

503 Scott Avenue, Redwood City, California 94063 home-pic-0
ACTIVE UNDER CONTRACT$999,000
503 Scott Avenue, Redwood City, California 94063
3Beds
1Bath
1,160Sqft
5,281Lot

Price Vs. Estimate

The estimated value ($999,000) is $0 (0%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strategic Location: Situated in Redwood City, offering unparalleled access to major commute routes, tech hubs like Meta and Google, Stanford University, and Caltrain for San Francisco access.
Top Cons:
Single Bathroom Layout: The property features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants and could necessitate future expansion.

Compared to the nearby listings

Price:$999.0K vs avg $1.32M ($-323,500)8%
Size:1,160 sqft vs avg 1,200 sqft50%
Price/sqft:$861 vs avg $1.1K17%

More Insights

This property has been on the market for 111 days.
Built in 1946 (79 years old).
Condition: Built in 1946, this home has received recent cosmetic updates including new laminate flooring and fresh interior paint, making it move-in ready. However, the kitchen features dated cabinets, an older refrigerator, and an outdated light fixture, requiring a full style update. The bathroom, while having a newer vanity and tub surround, retains old floor tile and a very dated light fixture. Overall, the property is functional and maintained, but its key areas like the kitchen and bathroom show significant signs of being outdated, aligning with the 'Fair' condition criteria that requires minor updates or repairs to meet current standards.
Year Built
1946
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$861
HOA
-
Days on market
111 Days
Sold On
2025-09-17
MLS number
ML82008957
Home ConditionFair
Features
View-

About this home

Great opportunity for Affordable Ownership Awaits. New laminate flooring throughout and fresh interior paint. Large front yard and back yard with lots of storages. This home is also ready for new owners with a blank canvass to make it your own. Enjoy Redwood City's Downtown Choices for Shopping, Dining, Entertainment and Fun! Located Within Minutes to Commute Routes, Meta, Google and Stanford! Take Caltrain to San Francisco! Hike in Edgewood Park & Natural Preserve!

Nearby schools

2/10
Fair Oaks Elementary School
Public,K-50.4mi
4/10
Hoover Elementary School
Public,K-80.2mi
5/10
John F. Kennedy Middle School
Public,5-81.9mi
6/10
Sequoia High School
Public,9-121.4mi
Condition Rating
Fair

Built in 1946, this home has received recent cosmetic updates including new laminate flooring and fresh interior paint, making it move-in ready. However, the kitchen features dated cabinets, an older refrigerator, and an outdated light fixture, requiring a full style update. The bathroom, while having a newer vanity and tub surround, retains old floor tile and a very dated light fixture. Overall, the property is functional and maintained, but its key areas like the kitchen and bathroom show significant signs of being outdated, aligning with the 'Fair' condition criteria that requires minor updates or repairs to meet current standards.
Pros & Cons

Pros

Strategic Location: Situated in Redwood City, offering unparalleled access to major commute routes, tech hubs like Meta and Google, Stanford University, and Caltrain for San Francisco access.
Vibrant Community Access: Proximity to Redwood City's vibrant downtown, providing diverse shopping, dining, entertainment options, and recreational opportunities at Edgewood Park.
Move-In Ready Updates: Features new laminate flooring throughout and fresh interior paint, offering a clean and updated aesthetic for immediate occupancy.
Ample Outdoor Space: Benefits from a large front and back yard, complemented by significant storage options, enhancing livability and utility.
Renovation & Customization Potential: Described as a 'blank canvas,' the property offers new owners the opportunity to personalize and add significant value through future upgrades.

Cons

Single Bathroom Layout: The property features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants and could necessitate future expansion.
Older Construction: Built in 1946, the home's age suggests potential for outdated systems (plumbing, electrical) or structural elements that may require significant investment beyond cosmetic updates.
Extended Market Time: With 111 days on market, the property has experienced a longer sales cycle than typical for the Redwood City area, potentially indicating initial pricing challenges or perceived buyer concerns.

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