NOT LISTED FOR SALE

2515 Read Ave Belmont, CA 94002

Belmont Country Club Neighborhood

Estimated Value: $2,455,000 - $2,793,815

4 Beds
3.5 Baths
2,480 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $1,855,000 $748 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,599/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • Ralston Intermediate School Rated A
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of March 2017

Beautifully remodeled home located in desirable Belmont Hills area close to all convenience. Features: An inviting Living room enhance with stone mantel gas starter fireplace and hardwood floors throughout. Four Bedrooms, Two and half Bathrooms, approx. 2480 SQFT. situated on 8850 SQFT lot. Main Level offers Master Suite, Living room, Half bath, Kitchen w/stainless steel appliances, Granite counter top. Lower level has Family room with marble gas starter fireplace, Three Bedrooms, Two full baths. Recessed lights throughout. Manicured landscaping in front.Two level deck with incredible Bay View and Southern Hills View great for entertainment. Easy access to 101 & 280 freeways. Top rated Belmont schools.

Last Agent to Sell the Property

Orhan Tolu

CENTURY 21 Masters License #00831544 Listed on: 02/03/2017

Last Buyer's Agent

Zoey Tolu

CENTURY 21 Masters License #01063373

CENTURY 21 Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,843 Sq Ft Lot
  • Fenced
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Separate Family Room
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Bathtub

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 044-241-040

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

8,843 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2480
  • Year Built: 1960
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven Range, Refrigerator, Trash Compactor
  • Living Sq Ft: 2480
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Slate
  • Fencing: Fenced

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 044-241-040
  • Lot Acres: 0.2030
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8850.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Cipriani Elementary
  • Middle School Text: Ralston Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Zhenming Tang
Bought by
Tang Zhenming
Current Estimated Value
$2,597,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,945
Outstanding Balance
$827,494
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$1,770,460

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 9, 2017
Sold by
Dersel Properties Llc
Bought by
Tang Zhenming
Seller's Agent
Orhan Tolu
CENTURY 21 Masters
Buyer's Agent
Zoey Tolu
CENTURY 21 Masters
List Price
$1,688,888
Sold Price
$1,855,000
Premium/Discount to List
$166,112
9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$1,484,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2010
Sold by
Lending Partners Llc
Bought by
Desel Properties Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Porter Stephen
Bought by
Lending Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
8.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Porter Patricia
Bought by
Porter Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
8.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2007
Sold by
Armstrong Faye L
Bought by
Porter Stephen L and Porter Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
8.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tang Zhenming -- New Title Company Name
Tang Zhenming $1,855,000 Wfg National Title Ins Co
Desel Properties Llc $1,150,000 Old Republic Title Company
Lending Partners Llc -- Old Republic Title Company
Lending Partners Llc -- None Available
Porter Stephen -- Alliance Title Company
Porter Stephen L $1,500,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Zhenming $908,945
Previous Owner Tang Zhenming $1,484,000
Previous Owner Porter Stephen $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2017 03/14/17 Sold $1,855,000 +9.8% $748 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,688,888 -- $681 / 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 $24,984 $2,152,883 $1,276,642 $876,241
2023 $24,984 $2,069,285 $1,227,069 $842,216
2022 $23,733 $2,028,711 $1,203,009 $825,702
2021 $23,701 $1,988,933 $1,179,421 $809,512
2020 $23,381 $1,968,540 $1,167,328 $801,212
2019 $23,020 $1,929,942 $1,144,440 $785,502
2018 $22,625 $1,892,100 $1,122,000 $770,100
2017 $16,126 $1,269,486 $634,743 $634,743
2016 $15,398 $1,244,596 $622,298 $622,298
2015 $15,289 $1,225,902 $612,951 $612,951
2014 $14,671 $1,201,890 $600,945 $600,945
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2017

    Orhan Tolu

    CENTURY 21 Masters

    Section Image
  • Zoey Tolu

    Buyer's Agent in 2017

    Zoey Tolu

    CENTURY 21 Masters

    (650) 619-3379

    9 Total Sales

    Zoey Tolu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81637789

MLSListings

APN: 044-241-040

California San Mateo County Belmont 94002 Belmont Country Club

2515 Read Ave, Belmont, CA

Not Listed for Sale

Detached

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