Seller's Agent in 2021
Timothy Gilmartin
Gilmartin Group
(408) 348-5013
2 in this area
22 Total Sales
1702 Terrace Dr Belmont, CA 94002
Antique Forest Homes NeighborhoodEstimated Value: $3,013,000 - $3,404,000
4
Beds
3
Baths
3,120
Sq Ft
$1,021/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Canyon View
- Wood Flooring
- Ralston Intermediate School Rated A
- Family Room with Fireplace
- Jetted Tub in Primary Bathroom
About This Home
As of August 2021Welcome to 1702 Terrace, a masterpiece amongst the hills of Belmont. Soaring ceilings & stunning views are only the tip of the iceberg for this expansive home. There is ample room for all with an informal living room/dining room combo; large eat-in kitchen with center island, gas cooktop, double ovens, granite countertops as well as an attached family room; full bathroom; laundry area & library on the first level. Upstairs you will find 4 bedrooms and 2 full bathrooms including the large primary suite with views, a jet tub and walk-in closet. Usable attic space could easily become a loft for many uses. The lower level showcases a 3 car garage, 600 bottle wine cellar, underground workshop & more storage. Our cherry on top is the outside space with a level yard great for parties. The spiral staircase leads to wooden steps to the upper deck where you will find majestic views, as if you are on top of the world. Great location & award winning schools complete this fantastic opportunity.
Last Agent to Sell the Property
Gilmartin Group License #00841354 Listed on: 07/15/2021
Home Details
Home Type
- Single Family
Year Built
- 1987
Lot Details
- 0.28 Acre Lot
- Wood Fence
- Hillside Location
- Back Yard
Parking
- 3 Car Attached Garage
- Secured Garage or Parking
- On-Street Parking
Property Views
- Canyon
- Hills
- Forest
- Neighborhood
Home Design
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,120 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Library
- Workshop
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2021
Closed on
Aug 16, 2021
Sold by
Rigatuso Christopher Mark and Rigatuso Diane M
Bought by
Tandiono Christopher Bo and Liu Nancy Li
Seller's Agent
Timothy Gilmartin
Gilmartin Group
Buyer's Agent
Bob Bredel
Christie's International Real Estate Sereno
List Price
$2,980,000
Sold Price
$3,150,000
Premium/Discount to List
$170,000
5.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,262
Avg. Annual Appreciation
0.24%
Original Mortgage
$2,155,000
Outstanding Balance
$1,956,610
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,227,652
Purchase Details
Closed on
Feb 6, 1998
Sold by
Daniel Alioto
Bought by
Rigatuso Christopher Mark and Rigatuso Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,400
Interest Rate
6.75%
Purchase Details
Closed on
Dec 24, 1997
Sold by
Jacquelyn Alioto
Bought by
Alioto Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,400
Interest Rate
6.75%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tandiono Christopher Bo | $3,150,000 | North American Title Co Inc | |
| Rigatuso Christopher Mark | $668,000 | Old Republic Title Ins Compa | |
| Alioto Daniel | -- | Old Republic Title Ins Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tandiono Christopher Bo | $2,155,000 | |
| Previous Owner | Rigatuso Christopher Mark | $534,400 | |
| Previous Owner | Alioto Daniel | $486,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2021 08/26/21 | Sold | $3,150,000 | +5.7% | $1,010 / Sq Ft |
| 07/29/2021 07/29/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $2,980,000 | -- | $955 / 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 | $30,056 | $2,750,000 | $1,876,500 | $873,500 |
| 2023 | $30,056 | $3,213,000 | $2,193,000 | $1,020,000 |
| 2022 | $36,161 | $3,150,000 | $2,150,000 | $1,000,000 |
| 2021 | $12,747 | $999,037 | $492,700 | $506,337 |
| 2020 | $12,716 | $988,794 | $487,648 | $501,146 |
| 2019 | $12,491 | $969,408 | $478,087 | $491,321 |
| 2018 | $12,360 | $950,401 | $468,713 | $481,688 |
| 2017 | $12,058 | $931,767 | $459,523 | $472,244 |
| 2016 | $11,662 | $913,498 | $450,513 | $462,985 |
| 2015 | $11,518 | $899,777 | $443,746 | $456,031 |
| 2014 | $11,048 | $882,153 | $435,054 | $447,099 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Gilmartin
-
Kathryn Gerhardt
Seller Co-Listing Agent in 2021
Kathryn Gerhardt
Gilmartin Group
(650) 773-3595
1 in this area
39 Total Sales
-
Bob Bredel
Buyer's Agent in 2021
Bob Bredel
Christie's International Real Estate Sereno
(650) 520-9343
13 in this area
181 Total Sales
Map
Source: MLSListings
MLS Number: ML81853731
APN: 044-331-390
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