NOT LISTED FOR SALE

1948 Oak Knoll Dr Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $2,482,000 - $2,938,291

3 Beds
2 Baths
2,070 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $2,250,000 $1,087 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,693/month

6 Days on Market

Highlights

  • Wood Burning Stove
  • Family Room with Fireplace
  • Wood Flooring
  • Ralston Intermediate School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of September 2017

A rare opportunity in Belmont! A mostly level 11k lot, with western hill views , mature Oak trees, all located at the end of a highly desirable cul-de-sac. Fantastic floor plan, with large entertaining/common areas that flow effortlessly to the front, side and rear yards. Wonderfully maintained over the years, beautiful random plank hardwood flooring throughout, large picture windows that capture the beauty of the lot and views! Updated kitchen and baths, this one is not to be missed!

Last Agent to Sell the Property

Tara Jaramillo

Christie's International Real Estate Sereno License #01443521 Listed on: 08/25/2017

Christie's International Real Estate Sereno

Last Buyer's Agent

Michael Robles

Coldwell Banker Realty License #01102627

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,647

Year Built

  • Built in 1939

Lot Details

  • 0.25 Acre Lot
  • Mostly Level
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Bitumen Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Laundry in Garage
  • Property Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 044-072-470

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,647

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2070
  • Year Built: 1939
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Free Standing, Gas Starter, Living Room, Wood Stove
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Island, Oven - Double, Wine Refrigerator
  • Living Sq Ft: 2070
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Bitumen, Metal

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 617

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Parcel Number: 044-072-470
  • Lot Acres: 0.2525
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Carlmont High
  • Middle School Text: Ralston Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Li Elbouchikhi Ibrahim and Li Qiu
Bought by
Li Elbouchikhi Ibrahim and Li Qiu
Current Estimated Value
$2,717,073

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 21, 2017
Sold by
Melconian Richard F and Melconian Brenda G
Bought by
Elbouchikhi Ibrahim and Qiu Li
Seller's Agent
Tara Jaramillo
Christie's International Real Estate Sereno
Buyer's Agent
Michael Robles
Coldwell Banker Realty
List Price
$1,849,000
Sold Price
$2,250,000
Premium/Discount to List
$401,000
21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$1,557,500
Outstanding Balance
$1,300,623
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,416,450

Purchase Details

Closed on
Apr 9, 2013
Sold by
Melconian Richard F and Melconian Brenda G
Bought by
Melconian Richard F and Melconian Brenda G
Source: Public Records

Range of Values:

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Average Value
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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
Li Elbouchikhi Ibrahim -- None Available
Elbouchikhi Ibrahim $2,250,000 Fidelity National Title Co
Melconian Richard F -- None Available
Melconian Richard F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbouchikhi Ibrahim $1,557,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $2,250,000 +21.7% $1,087 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $1,849,000 -- $893 / 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 $29,647 $2,589,824 $1,792,079 $797,745
2023 $29,647 $2,489,261 $1,722,492 $766,769
2022 $28,078 $2,423,453 $1,688,718 $734,735
2021 $27,565 $2,365,151 $1,655,606 $709,545
2020 $27,219 $2,340,900 $1,638,630 $702,270
2019 $26,780 $2,295,000 $1,606,500 $688,500
2018 $26,478 $2,250,000 $1,575,000 $675,000
2017 $5,062 $339,398 $111,521 $227,877
2016 $4,975 $332,744 $109,335 $223,409
2015 $4,935 $327,747 $107,693 $220,054
2014 $4,731 $321,328 $105,584 $215,744
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tara Jaramillo

    Christie's International Real Estate Sereno

    Section Image
  • Michael Robles

    Buyer's Agent in 2017

    Michael Robles

    Coldwell Banker Realty

    (650) 637-9900

    36 Total Sales

    Michael Robles
    Section Image
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Map

Source: MLSListings

MLS Number: ML81675538

MLSListings

APN: 044-072-470

California San Mateo County Belmont 94002 Antique Forest Homes

1948 Oak Knoll Dr, Belmont, CA

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