NOT LISTED FOR SALE

1501 Altura Way Belmont, CA 94002

Cordes Neighborhood

Estimated Value: $1,981,000 - $2,475,000

3 Beds
2 Baths
1,220 Sq Ft
$1,871/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $1,795,000 $1,471 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,109/month

Highlights

  • Wood Flooring
  • Corian Countertops
  • Bathtub with Shower
  • Ralston Intermediate School Rated A
  • 2 Car Attached Garage
  • 2-minute walk to McDougal Park

About This Home

As of September 2018

Comp Purposes only...This 3 bed/2bath,1,220 sq ft home is located in a very quiet area of quiet cull-de-sacs of off Solana. This flat lot of over 8,400 sq ft has it all. There is a front courtyard, spacious back yard with a living space complete with outdoor TV, and an additional deck with views of the canyon. Updates include fresh paint, newer appliances, newer washer and dryer, and upgraded electrical box (200amp service) and new 220V outlets in garage...perfect for car charging... and back patio as well. The outdoor landscaping and irrigation is also new. We can show this home off market...It is owner occupied and is not staged...Call Mark Palermo at 650-218-6400 for showings.

Last Agent to Sell the Property

Mark Palermo

KW Bay Area Living License #01469372 Listed on: 09/12/2018

KW Bay Area Living

Last Buyer's Agent

Ann Hsu

RE/MAX Gold Redwood Shores. License #01757686

RE/MAX Gold Redwood Shores.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,386

Year Built

  • Built in 1955

Lot Details

  • 8,451 Sq Ft Lot
  • Wood Fence
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Corian Countertops
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 045-122-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,386

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1220
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Solid Surface / Corian
  • Living Sq Ft: 1220
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 045-122-120
  • Lot Acres: 0.1940
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8450.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8450.00

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 12, 2018
Closed on
Aug 29, 2018
Sold by
Deno James and Deno Allison
Bought by
Singh Shantnu and Singh Ekta
Seller's Agent
Mark Palermo
KW Bay Area Living
Buyer's Agent
Ann Hsu
RE/MAX Gold Redwood Shores.
List Price
$1,795,000
Sold Price
$1,795,000
Current Estimated Value
$2,282,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,334
Avg. Annual Appreciation
3.46%
Original Mortgage
$1,256,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Deno James Matthew and Deno Allison Marie
Bought by
Deno James Matthew and Deno Allison Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$887,000
Interest Rate
3.14%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 12, 2014
Closed on
Sep 2, 2014
Sold by
Lam Jerrrey and Lam Esther
Bought by
Deno James and Deno Allison
Seller's Agent
Alex Lehr
Guide Real Estate
Buyer's Agent
Robert Herzog
Compass
List Price
$1,075,000
Sold Price
$1,120,000
Premium/Discount to List
$45,000
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$896,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2005
Sold by
Schock Curtis A and Schock Virginia C
Bought by
Lam Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,250
Interest Rate
5.48%
Mortgage Type
Stand Alone First
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
Singh Shantnu $1,795,000 Old Republic Title Co
Deno James Matthew -- Old Republic Title
Deno James $1,120,000 North American Title Co Inc
Lam Shirley $879,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Shantnu $1,199,000
Closed Singh Shantnu $1,231,700
Closed Singh Shantnu $1,241,000
Closed Singh Shantnu $1,256,500
Previous Owner Deno James Matthew $887,000
Previous Owner Deno James $896,000
Previous Owner Lam Shirley $568,000
Previous Owner Lam Shirley $655,000
Previous Owner Lam Shirley $659,250
Previous Owner Schock Curtis A $30,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $1,795,000 0.0% $1,471 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $1,795,000 +60.3% $1,471 / Sq Ft
09/16/2014 09/16/14 Sold $1,120,000 0.0% $918 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/22/2014 08/22/14 Off Market $1,120,000 -- --
08/12/2014 08/12/14 For Sale $1,075,000 -- $881 / 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 $23,386 $2,002,352 $1,561,724 $440,628
2023 $23,386 $1,924,600 $1,501,081 $423,519
2022 $22,163 $1,886,864 $1,471,649 $415,215
2021 $22,065 $1,849,868 $1,442,794 $407,074
2020 $22,051 $1,830,900 $1,428,000 $402,900
2019 $21,451 $1,795,000 $1,400,000 $395,000
2018 $14,681 $1,183,016 $739,385 $443,631
2017 $14,386 $1,159,821 $724,888 $434,933
2016 $13,947 $1,137,080 $710,675 $426,405
2015 $13,768 $1,120,000 $700,000 $420,000
2014 $11,899 $979,898 $489,949 $489,949
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Palermo

    KW Bay Area Living

    Section Image
  • Ann Hsu

    Buyer's Agent in 2018

    Ann Hsu

    RE/MAX

    (415) 271-5666

    33 Total Sales

    Ann Hsu
    Section Image
  • Alex Lehr

    Seller's Agent in 2014

    Alex Lehr

    Guide Real Estate

    (650) 766-5500

    5 in this area

    231 Total Sales

    Alex Lehr
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Herzog

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81723085

MLSListings

APN: 045-122-120

California San Mateo County Belmont 94002 Cordes

1501 Altura Way, Belmont, CA

This home is located at 1501 Altura Way, Belmont, CA 94002 since 12 September 2018 and is currently estimated at $2,282,334, approximately $1,870 per square foot. This property was built in 1955. 1501 Altura Way is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Immaculate Heart of Mary School.

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