NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $1,657,000

2 Beds
2.5 Baths
1,400 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $1,200,000 $857 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,131/month

45 Days on Market

Highlights

  • Private Pool
  • Two Primary Bedrooms
  • Wood Flooring
  • Ralston Intermediate School Rated A
  • Clubhouse
  • Garden View

About This Home

As of November 2018

Welcome to this serene town home tucked away in a private Belmont community which borders the San Francisco Bay Trail and bay waterways. With high ceilings, wood floors and brand new custom paint throughout, this home offers two master bedroom suites plus a half bathroom downstairs just off of the remodeled kitchen. The kitchen is upgraded with beautiful quartz countertops and has loads of natural sunlight. You will enjoy backyard BBQs on the patio when its warm and cozy fires in the living room fireplace during cooler months. There is ample storage, a full sized laundry area upstairs and a detached one car garage with a built-in safe. This home is just steps away from the Bay Trail, a bike ride to CalTrain or Oracle and minutes from highway 101 and is located within the award winning Belmont-Redwood Shores school district. Situated in the Farallon Homeowners Association, additional amenities include a community pool, spa, clubhouse and additional parking. View Virtual Tour!

Last Agent to Sell the Property

Naomi Gable

Compass License #01363496 Listed on: 09/19/2018

Compass

Last Buyer's Agent

Olivia McNally

eXp Realty of California, Inc License #01972985

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,487

Year Built

  • Built in 1990

Lot Details

  • 1,642 Sq Ft Lot
  • Grass Covered Lot

HOA Fees

  • $431 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Property Views

  • Garden
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Radiant Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 040-482-290

Community Details

Overview

  • Association fees include common area electricity, insurance - liability, maintenance - common area, pool spa or tennis, roof
  • Farallon HOA
  • Built by Farallon Homeowners Association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,487

Year Built

Built in 1990

Lot Details

0

HOA Fees

$431 per month

Parking

1

Listing Details

  • Subclass: Townhouse
  • Restrictions: Guest Restrictions
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Complex Name: Farallon Homeowners Association
  • Year Built: 1990
  • Zoning Description: PD0000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Dining Bar
  • Kitchen: Countertop - Quartz, Dishwasher, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1400
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom
  • Laundry: Dryer, Inside, Upper Floor, Washer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half on Ground Floor, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage

Utilities

  • Heating System: Fireplace, Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 431
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails
  • HOA Documents: Budget, Bylaws, CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Liability, Maintenance - Common Area, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Farallon HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 040-482-290
  • Lot Acres: 0.0377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1644.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1644.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 16, 2018
Sold by
Grassilli Robert J and Robert J Grassilli Trust
Bought by
Wells Ralph and Wells Maryna
Seller's Agent
Naomi Gable
Compass
Buyer's Agent
Olivia McNally
eXp Realty of California, Inc
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Current Estimated Value
$1,528,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,046
Avg. Annual Appreciation
4.19%
Original Mortgage
$960,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 12, 2018
Sold by
Kitchen Gregory and Kitchen Renee Mueller
Bought by
Grasilli Robert J and The Robert J Grassilli Trust
Seller's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
Buyer's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
List Price
$1,288,000
Sold Price
$1,330,000
Premium/Discount to List
$42,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.52%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Kitchen Gregory and Kitchen Renee Mueller
Bought by
Kitchen Gregory and Kitchen Renee Mueller

Purchase Details

Closed on
Aug 11, 2010
Sold by
Grassilli Robert
Bought by
Grassilli Robert J

Purchase Details

Closed on
Jun 11, 2009
Sold by
Smith Channing and Smith Mary Richards
Bought by
Grassilli Robert and Mueller Renee

Purchase Details

Closed on
May 13, 1997
Sold by
Schulman Nancy L
Bought by
Smith Channing and Richards Smith Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
8.13%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wells Ralph $1,200,000 First American Title Co
Grasilli Robert J $665,000 First American Title Co
Kitchen Gregory -- None Available
Kitchen Gregory -- None Available
Grassilli Robert J -- None Available
Grassilli Robert $645,000 First American Title Company
Smith Channing $314,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Ralph $915,000
Closed Wells Ralph $30,000
Closed Wells Ralph $950,000
Closed Wells Ralph $955,000
Closed Wells Ralph $956,000
Closed Wells Ralph $960,000
Previous Owner Smith Channing Robinson $200,000
Previous Owner Smith Channing $200,000
Previous Owner Smith Channing R $100,000
Previous Owner Smith Channing $190,000
Previous Owner Smith Channing Robinson $199,000
Previous Owner Smith Channing $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $1,200,000 -2.0% $857 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/28/2018 10/28/18 Price Changed $1,225,000 -3.9% $875 / Sq Ft
09/19/2018 09/19/18 For Sale $1,275,000 -4.1% $911 / Sq Ft
04/17/2018 04/17/18 Sold $1,330,000 +3.3% $950 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $1,288,000 -- $920 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,487 $1,338,618 $669,309 $669,309
2023 $16,487 $1,286,640 $643,320 $643,320
2022 $15,743 $1,261,412 $630,706 $630,706
2021 $15,286 $1,236,680 $618,340 $618,340
2020 $15,107 $1,224,000 $612,000 $612,000
2019 $14,484 $1,200,000 $600,000 $600,000
2018 $9,733 $729,984 $364,992 $364,992
2017 $9,363 $715,672 $357,836 $357,836
2016 $9,118 $701,640 $350,820 $350,820
2015 $9,022 $691,102 $345,551 $345,551
2014 $8,667 $677,566 $338,783 $338,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81724294

MLSListings

APN: 040-482-290