NOT LISTED FOR SALE

1513 Folger Dr Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $2,344,000 - $4,029,000

0.28 Acre
$12,595,289 Price per Acre
12,197 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $1,925,000 $1,698 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $20,792/month

23 Days on Market

About This Lot

As of October 2020

Development Opportunity in Beautiful Belmont Country Club! Expand, Renovate or Build New. Currently a one story commercial building previously used as a golf store situated on a large lot approximately 13,273 per land survey. (size differs per county records, buyer to verify to buyer's satisfaction). The property is outlined by gorgeous trees and plants, has a circular driveway and a multi-car parking lot. Build or redevelop into your dream home. Buyer to verify size, condition, use, zoning to buyer's satisfaction. Close to amenities, parks, schools, transportation, freeway access and more.

Last Agent to Sell the Property

Cheryl Villanueva

Compass License #01248078 Listed on: 09/02/2020

Last Buyer's Agent

Brett Caviness

Compass License #01935984

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,555

Lot Details

  • 0.28 Acre Lot
  • Mostly Level

Property Details

Property Type

Land

Est. Annual Taxes

$27,555

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12197.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12197.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - On Site, Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Lui Elizabeth Jayna
Bought by
Elizabeth J Lui Family Trust and Lui
Current Estimated Value
$3,526,681

Purchase Details

Closed on
Jul 18, 2023
Sold by
Salazar Matthew
Bought by
Lui Elizabeth Jayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 8, 2020
Sold by
Belmont County Water District
Bought by
Matthew Salazar Family Trust and Salazar
Seller's Agent
Cheryl Villanueva
Compass
Buyer's Agent
Brett Caviness
Compass
List Price
$1,250,000
Sold Price
$1,925,000
Premium/Discount to List
$675,000
54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Elizabeth J Lui Family Trust -- None Listed On Document
Lui Elizabeth Jayna -- First American Title
Matthew Salazar Family Trust -- First American Title
Lui Elizabeth Jayna -- First American Title
Matthew Salazar Family Trust $1,925,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthew Salazar Family Trust $2,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $1,925,000 +54.0% $1,698 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $1,250,000 -- $1,102 / 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 $27,555 $3,673,377 $1,948,377 $1,725,000
2023 $27,555 $2,002,770 $1,872,720 $130,050
2022 $22,389 $1,963,500 $1,836,000 $127,500
2021 $22,275 $1,925,000 $1,800,000 $125,000
2020 $749 $0 $0 $0
2019 $712 $0 $0 $0
2018 $408 $0 $0 $0
2017 $408 $0 $0 $0
2016 $408 $0 $0 $0
2015 $664 $0 $0 $0
2014 $627 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cheryl Villanueva

    Compass

  • Brett Caviness

    Buyer's Agent in 2020

    Brett Caviness

    Compass

    (650) 464-8293

    102 Total Sales

    Brett Caviness
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Map

Source: MLSListings

MLS Number: ML81808800

MLSListings

APN: 044-351-040

California San Mateo County Belmont 94002 Antique Forest Homes

1513 Folger Dr, Belmont, CA

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