NOT LISTED FOR SALE

1501 Pine Knoll Dr Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $2,784,000 - $3,299,502

3 Beds
3 Baths
3,020 Sq Ft
$991/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $2,425,000 $803 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,198/month

9 Days on Market

Highlights

  • 0.31 Acre Lot
  • Formal Dining Room
  • Forced Air Heating System
  • Ralston Intermediate School Rated A
  • 2 Car Attached Garage
  • Separate Family Room

About This Home

As of January 2021

This classic 1930s home, according to lore, was built by an Austrian ship builder, and is nestled at the end of a charming wooded cul-de-sac in the Belmont hills. It boasts over 3000 sq.' of living space, including an enormous and inviting great room- complete with a soaring ceiling, redwood beams and a butler's pantry. The gently sloping 13,500 sq.' property features views of the South Bay and the western hills, a private and sunny backyard with old stone & rock stairs & pathways, and a separate detached cottage. This original home awaits its renewal. It is a unique opportunity. There are simply no properties like this one!

Last Agent to Sell the Property

Gordy Burton

Coldwell Banker Realty License #01363132 Listed on: 12/04/2020

Coldwell Banker Realty

Last Buyer's Agent

Kelly Clarke

Coldwell Banker Realty License #01482834

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,406

Year Built

  • 1934

Lot Details

  • 0.31

Parking

  • 2 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,020 Sq Ft Home
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 0.31 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,406

Year Built

1934

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3020
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition, Fiberglass

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.3099
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 15, 2021
Sold by
Claesgens Jennifer and Walters Laura
Bought by
Zhu Min and Xu Yurong
Seller's Agent
Gordy Burton
Coldwell Banker Realty
Buyer's Agent
Kelly Clarke
Coldwell Banker Realty
List Price
$2,098,000
Sold Price
$2,425,000
Premium/Discount to List
$327,000
15.59%
Current Estimated Value
$2,992,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,626
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,940,000
Outstanding Balance
$1,731,457
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,261,169

Purchase Details

Closed on
Jul 20, 2004
Sold by
Claesgens Robert G
Bought by
Claesgens Robert G

Purchase Details

Closed on
Nov 27, 1996
Sold by
Claesgens Marie
Bought by
Claesgens Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.86%
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
Zhu Min $2,425,000 First American Title Company
Claesgens Robert G -- --
Claesgens Robert G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Min $1,940,000
Previous Owner Claesgens Robert G $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2021 01/20/21 Sold $2,425,000 +15.6% $803 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $2,098,000 -- $695 / 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 $30,406 $2,624,896 $1,786,012 $838,884
2023 $30,406 $2,522,970 $1,716,660 $806,310
2022 $28,077 $2,473,500 $1,683,000 $790,500
2021 $7,641 $512,651 $146,458 $366,193
2020 $7,241 $507,396 $144,957 $362,439
2019 $6,917 $497,448 $142,115 $355,333
2018 $6,675 $487,695 $139,329 $348,366
2017 $6,529 $478,134 $136,598 $341,536
2016 $6,403 $468,760 $133,920 $334,840
2015 $6,793 $461,720 $131,909 $329,811
2014 $6,501 $452,677 $129,326 $323,351
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gordy Burton

    Coldwell Banker Realty

    Section Image
  • Kelly Clarke

    Buyer's Agent in 2021

    Kelly Clarke

    Coldwell Banker Realty

    (650) 315-5371

    2 in this area

    28 Total Sales

    Kelly Clarke
    Section Image
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Map

Source: MLSListings

MLS Number: ML81822211

MLSListings

APN: 044-342-370

California San Mateo County Belmont 94002 Antique Forest Homes

1501 Pine Knoll Dr, Belmont, CA

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