NOT LISTED FOR SALE

1609 Molitor Rd Belmont, CA 94002

Cordes Neighborhood

Estimated Value: $1,956,000 - $2,499,000

3 Beds
2 Baths
1,910 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,800,000 $942 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,185/month

7 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • 2 Car Attached Garage
  • Ralston Intermediate School Rated A
  • Wood Flooring
  • 2-minute walk to Cedar Street Park

About This Home

As of November 2023

First time on the market in over 50 years! Probate sale not subject to court confirmation. Tremendous upside potential. This home has been in the same family for over 50 plus years ready for new owners to make it their own. Located in one of Belmonts most sought after neighborhoods close proximity to both Belmont & San Carlos Downtown Amenities. Steps away to Cedar Park. Home has been a rental for the last several years. Outstanding Value with incredible Bay & East Bay Hills Views. Not to be missed.

Last Agent to Sell the Property

Terri Lajoie

SC Properties License #01896747 Listed on: 10/26/2023

Last Buyer's Agent

Tanya Tan

BQ Realty License #02181566

BQ Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,798 Sq Ft Lot
  • Gentle Sloping Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Property Views

  • Bay
  • Bridge
  • Hills

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,910 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Listing and Financial Details

  • Assessor Parcel Number 045-274-320

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1910
  • Year Built: 1954
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Laminate, Oven - Electric, Refrigerator
  • Living Sq Ft: 1910
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, Bridge, Hills
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Workshop in Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 045-274-320
  • Lot Acres: 0.1331
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Wang Jiayue and Zhou Jie
Bought by
Wang Jiayue and Zhou Jie
Current Estimated Value
$2,183,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,429,000
Outstanding Balance
$1,405,365
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$777,947

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 14, 2023
Sold by
Bach Michael W
Bought by
Wang Jiayue and Zhou Jie
Seller's Agent
Terri Lajoie
SC Properties
Buyer's Agent
Tanya Tan
BQ Realty
List Price
$1,650,000
Sold Price
$1,800,000
Premium/Discount to List
$150,000
9.09%
Views
238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$1,440,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Jiayue -- Chicago Title Company
Wang Jiayue $1,800,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jiayue $1,429,000
Previous Owner Wang Jiayue $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $1,800,000 +9.1% $942 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,650,000 -- $864 / Sq Ft
Source: MLSListings

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 $22,172 $1,836,000 $1,555,500 $280,500
2023 $22,172 $121,778 $27,068 $94,710
2022 $2,961 $119,391 $26,538 $92,853
2021 $2,723 $117,051 $26,018 $91,033
2020 $2,167 $115,852 $25,752 $90,100
2019 $2,148 $113,582 $25,248 $88,334
2018 $2,014 $111,355 $24,753 $86,602
2017 $2,042 $109,172 $24,268 $84,904
2016 $1,988 $107,033 $23,793 $83,240
2015 $1,989 $105,426 $23,436 $81,990
2014 $1,906 $103,361 $22,977 $80,384
Source: Public Records

Agents Affiliated with this Home

  • Terri Lajoie

    Seller's Agent in 2023

    Terri Lajoie

    SC Properties

    (650) 504-6456

    1 in this area

    14 Total Sales

    Terri Lajoie
    Section Image
  • Tanya Tan

    Buyer's Agent in 2023

    Tanya Tan

    BQ Realty

    (650) 880-9527

    1 in this area

    8 Total Sales

    Tanya Tan
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81946236

MLSListings

APN: 045-274-320

California San Mateo County Belmont 94002 Cordes

1609 Molitor Rd, Belmont, CA

Not Listed for Sale

Detached

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