NOT LISTED FOR SALE

1601 El Camino Real Belmont, CA 94002

Cordes Neighborhood

Estimated Value: $12,910,860

-- Bed
-- Bath
13,557 Sq Ft
$952/Sq Ft Est. Value

About This Home

This home is located at 1601 El Camino Real, Belmont, CA 94002 and is currently estimated at $12,910,860, approximately $952 per square foot. 1601 El Camino Real is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Acton Academy Silicon Valley.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2015
Sold by
Chin Vincent Y and Chin Grace L
Bought by
Chin Vincent Y and Chin Grace L
Current Estimated Value
$12,910,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$2,739,599
Interest Rate
3.81%
Mortgage Type
Negative Amortization
Estimated Equity
$9,909,839

Purchase Details

Closed on
Feb 6, 2007
Sold by
Mcgovern James E and Mcgovern Clare Ann
Bought by
Chin Vincent Y and Chin Grace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,784,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2007
Sold by
Belmont Business Center Llc
Bought by
Mcgovern James E and Mcgovern Clare Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,784,000
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Chin Vincent Y -- Chicago Title-Concord
Chin Vincent Y $6,359,500 Financial Title Company
Mcgovern James E -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Vincent Y $3,500,000
Closed Chin Vincent Y $4,784,000
Source: Public Records

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 $113,185 $8,520,390 $4,260,195 $4,260,195
2023 $113,185 $8,189,534 $4,094,767 $4,094,767
2022 $101,316 $8,028,956 $4,014,478 $4,014,478
2021 $109,859 $7,871,526 $3,935,763 $3,935,763
2020 $105,968 $7,790,814 $3,895,407 $3,895,407
2019 $106,021 $7,638,054 $3,819,027 $3,819,027
2018 $102,569 $7,488,290 $3,744,145 $3,744,145
2017 $109,226 $7,341,462 $3,670,731 $3,670,731
2016 $101,263 $7,197,512 $3,598,756 $3,598,756
2015 $93,108 $7,089,400 $3,544,700 $3,544,700
2014 $89,217 $6,950,530 $3,475,265 $3,475,265
Source: Public Records

Map

California San Mateo County Belmont 94002 Cordes

1601 El Camino Real, Belmont, CA

This home is located at 1601 El Camino Real, Belmont, CA 94002 and is currently estimated at $12,910,860, approximately $952 per square foot. 1601 El Camino Real is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Acton Academy Silicon Valley.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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