NOT LISTED FOR SALE

1240 Kedith St Unit 1240 and 1250 Belmont, CA 94002

Homeview Neighborhood

Estimated Value: $1,617,000 - $1,768,185

3 Beds
2 Baths
1,552 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $1,552,000 $1,000 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,830/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Space Heater
  • Dining Area
  • Ralston Intermediate School Rated A

About This Home

As of November 2023

1240 & 1250 Kedith St, Belmont, CA 94002 Discover the epitome of modern living in this stunning 2-unit house, where elegance meets convenience. The larger 2-bd, 1-ba unit exudes spaciousness & style, while the cozy 1-bd, 1-ba unit offers a peaceful retreat. Both have their own front and backyards, for you to live in 1 unit and rent out the other, with full privacy. Equipped w/ top-tier amenities: a Nest Doorbell ensures your security, luxury vinyl flooring & recessed lights create an inviting ambiance, the stainless steel appliances sparkle in the open kitchen, boasting a chic island with modern lighting, sleek quartz countertops, soft-close cabinetry, and a dazzling quartz backsplash in the larger 2bed/1ba unit. Soft close cabinetry, SS appliances, indoor laundry, recessed lighting, luxury vinyl floors and modern bathroom with sleek fixtures, make the 1bed/1ba unit look spacious and inviting. Beautifully landscaped front yard and the low-maintenance backyard, both perfect for outdoor gatherings. Minutes from Caltrain, 101 and 92 highway access, O'Donnell Park, proximity to Silicon Valley, outstanding Belmont schools, entertainment, and shopping, Don't miss this opportunity to make this your haven.

Last Agent to Sell the Property

Vicky Oberoi

Asset Real Estate License #02025083 Listed on: 10/18/2023

Last Buyer's Agent

Vicky Costantini

Compass License #70010227

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,219

Year Built

  • Built in 1949

Lot Details

  • 5,336 Sq Ft Lot
  • Zoning described as R20000

Parking

  • 2 Car Detached Garage

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,552 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 040-343-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,219

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1552
  • Year Built: 1949
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1552
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Space Heater
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 040-343-140
  • Lot Acres: 0.1225
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5336.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5336.00

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
Oct 18, 2023
Closed on
Nov 27, 2023
Sold by
Sv Ventures Usa Llc
Bought by
Venkatesh Swaroop and Pati Amrita
Seller's Agent
Vicky Oberoi
Asset Real Estate
Buyer's Agent
Vicky Costantini
Compass
List Price
$1,499,888
Sold Price
$1,552,000
Premium/Discount to List
$52,112
3.47%
Views
107
Current Estimated Value
$1,639,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,816
Avg. Annual Appreciation
1.38%
Original Mortgage
$870,000
Outstanding Balance
$857,339
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$731,171

Purchase Details

Closed on
Jan 29, 2019
Sold by
Schorr Timothy W
Bought by
Schorr Timothy William and Schorr Michaela Ann

Purchase Details

Closed on
Jun 17, 2008
Sold by
Schorr William F and Schorr Mary G
Bought by
Schorr Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Schorr William F and Schorr Mary G
Bought by
Schorr William F and Schorr Mary G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Venkatesh Swaroop $1,552,000 Old Republic Title
Schorr Timothy William -- None Available
Schorr Timothy W -- First American Title Co
Schorr William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatesh Swaroop $870,000
Previous Owner Schorr Timothy W $610,500
Previous Owner Schorr Timothy W $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,552,000 +3.5% $1,000 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,499,888 -- $966 / 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 $22,219 $1,583,040 $928,200 $654,840
2023 $22,219 $383,558 $147,162 $236,396
2022 $6,837 $376,038 $144,277 $231,761
2021 $7,238 $368,666 $141,449 $227,217
2020 $6,382 $364,887 $139,999 $224,888
2019 $6,284 $357,733 $137,254 $220,479
2018 $6,146 $350,719 $134,563 $216,156
2017 $5,678 $343,843 $131,925 $211,918
2016 $5,654 $337,102 $129,339 $207,763
2015 $5,586 $332,040 $127,397 $204,643
2014 $5,356 $325,537 $124,902 $200,635
Source: Public Records

Agents Affiliated with this Home

  • Vicky Oberoi

    Seller's Agent in 2023

    Vicky Oberoi

    Asset Real Estate

    (650) 656-5951

    2 in this area

    62 Total Sales

    Section Image
  • Vicky Costantini

    Buyer's Agent in 2023

    Vicky Costantini

    Compass

    (650) 430-8425

    2 in this area

    108 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81945046

MLSListings

APN: 040-343-140

California San Mateo County Belmont 94002 Homeview

1240 Kedith St Unit 1240 and 1250, Belmont, CA

This home is located at 1240 Kedith St Unit 1240 and 1250, Belmont, CA 94002 since 18 October 2023 and is currently estimated at $1,674,546, approximately $1,078 per square foot. This property was built in 1949. 1240 Kedith St Unit 1240 and 1250 is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Acton Academy Silicon Valley.

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