NOT LISTED FOR SALE

1261 Kedith St Belmont, CA 94002

Homeview Neighborhood

Estimated Value: $1,459,000 - $2,008,777

-- Bed
2 Baths
1,552 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $1,380,000 $889 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,972/month

3,821 Days on Market

Highlights

  • Wood Flooring
  • Ralston Intermediate School Rated A
  • 2 Car Detached Garage

About This Home

As of February 2021

Unique and Chic Duplex in Belmont! Completely renovated, this 2-unit property is an ideal blend of investment potential and upscale living possibilities. Each unit delivers superior function with features such as hardwood flooring, recessed lighting, fresh paint, open layouts, laundry rooms, private backyards w/patios, and sleek finishes. Both gourmet kitchens have white shaker cabinetry, stainless-steel appliances, gas ranges, gleaming subway tile backsplashes, sleek countertops, and pantry cabinets, while maintaining an open flow with entertainment-ready living and dining spaces. Located at 1261 Kedith, this 2-story, 2BR/1BA, 872 sq ft unit stuns with 2 large bedrooms and a posh full bathroom. The one-level,1BR/1BA, 680sqft unit located at 1271 Kedith equally impresses with modern finesse. Other features: detached 2-car garage, double paned windows, close to Belmont Station, excellent schools, shopping, and San Carlos Airport, and more!

Last Agent to Sell the Property

Susie Lee

Metapoint License #02054948 Listed on: 11/25/2020

Co-Listed By

Bill Mar

Metapoint License #01363076

Last Buyer's Agent

Susie Lee

Metapoint License #02054948 Listed on: 11/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,998

Year Built

  • Built in 1949

Lot Details

  • 5,244

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,552 Sq Ft Home
  • Wood Flooring
  • Washer and Dryer Hookup

Additional Features

  • 5,244 Sq Ft Lot
  • Wall Furnace

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 040344030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,998

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1949
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Laundry Features: Washer/Dryer Hookups
  • Price Per Square Foot: 889.18
  • Square Footage: 1552.00

Garage/Parking

  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 040344030
  • Lot Size Acres: 0.1204
  • Lot Size Sq Ft: 5244.00
  • Lot Size Units: SqFt
  • Price Per Acre: 11461794.02

Building Info

  • Number of Units Total: 2

Multi Family

  • Number Of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Feb 9, 2021
Sold by
Neatly Homes Llc
Bought by
Moorjani Dinesh Hiranand and Lakhani Varsha
Seller's Agent
Susie Lee
Metapoint
Buyer's Agent
Susie Lee
Metapoint
List Price
$1,499,000
Sold Price
$1,380,000
Premium/Discount to List
-$119,000
-7.94%
Current Estimated Value
$1,714,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,880
Avg. Annual Appreciation
4.76%
Original Mortgage
$897,000
Outstanding Balance
$805,250
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$893,548

Purchase Details

Closed on
Sep 17, 2020
Sold by
Perez Marsha A and Gomez Family Trust
Bought by
Neatly Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2005
Sold by
Gomez Alice M
Bought by
Gomez Alice M
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
Moorjani Dinesh Hiranand $1,380,000 First American Title Company
Neatly Homes Llc $1,000,000 Stewart Title Of Ca
Gomez Alice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorjani Dinesh Hiranand $897,000
Previous Owner Neatly Homes Llc $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,380,000 -7.9% $889 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
11/26/2020 11/26/20 Price Changed $1,499,000 0.0% $966 / Sq Ft
11/26/2020 11/26/20 For Sale $1,499,000 +8.6% $966 / Sq Ft
12/26/2010 12/26/10 Off Market $1,380,000 -- --
10/11/2010 10/11/10 Price Changed $549,000 -1.1% $354 / Sq Ft
08/30/2010 08/30/10 Price Changed $554,900 -1.8% $358 / Sq Ft
08/07/2010 08/07/10 For Sale $565,000 -- $364 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $18,998 $1,493,754 $1,060,782 $432,972
2023 $18,998 $1,435,752 $1,019,592 $416,160
2022 $17,327 $1,407,600 $999,600 $408,000
2021 $16,978 $1,350,000 $1,000,000 $350,000
2020 $2,875 $1,387,200 $1,020,000 $367,200
2019 $2,824 $74,684 $19,780 $54,904
2018 $2,654 $73,221 $19,393 $53,828
2017 $2,474 $71,786 $19,013 $52,773
2016 $2,414 $70,380 $18,641 $51,739
2015 $2,397 $69,323 $18,361 $50,962
2014 $2,303 $67,966 $18,002 $49,964
Source: Public Records

Agents Affiliated with this Home

  • Susie Lee

    Seller's Agent in 2021

    Susie Lee

    Metapoint

    (415) 933-7893

    1 in this area

    96 Total Sales

    Section Image
  • Bill Mar

    Seller Co-Listing Agent in 2021

    Bill Mar

    Metapoint

    (415) 203-2363

    1 in this area

    84 Total Sales

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 510364

San Francisco Association of REALTORS® MLS

APN: 040-344-030

California San Mateo County Belmont 94002 Homeview

1261 Kedith St, Belmont, CA

This home is located at 1261 Kedith St, Belmont, CA 94002 since 25 November 2020 and is currently estimated at $1,673,194, approximately $1,078 per square foot. This property was built in 1949. 1261 Kedith St 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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