NOT LISTED FOR SALE

2602 Read Ave Belmont, CA 94002

Belmont Country Club Neighborhood

Estimated Value: $1,764,000 - $3,330,000

3 Beds
2 Baths
1,450 Sq Ft
$1,567/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,550,000 $1,069 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $13,646/month

50 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Balcony
  • Ralston Intermediate School Rated A
  • Granite Countertops
  • Skylights in Kitchen

About This Home

As of March 2021

Close to many amenities, highly rated schools, parks, and outdoor recreation areas, as well as easy access to the 92 and 101 freeways via Ralston Ave, this charming split-level home is a convenient place to call home. Beamed and vaulted high ceilings, skylights, and open spaces give this home a bright and airy ambiance. The eat-in kitchen has plenty of cabinet space and granite countertops. Off the kitchen is the laundry area where you can access the side patio and backyard through a sliding door. The main level accommodates 2 bedrooms that share a bathroom while the lower level houses an office/family room area and the en-suite master bedroom that features a high ceiling with recessed lighting and a skylight, a walk-in closet, and a sliding door to a private deck and backyard. Great for relaxing with the family and entertaining guests, the backyard has a patio, a large lawn, and storage shed. The driveway offers ample parking space for your family and guests.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 12/29/2020

Last Buyer's Agent

Belle Nguyen

Compass License #01908415

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,800

Year Built

  • 1947

Lot Details

  • 6,499 Sq Ft Lot
  • Level Lot
  • Back Yard

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Separate Family Room
  • Dining Room
  • Granite Countertops
  • Laundry in unit

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,800

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1450
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Granite, Skylight
  • Living Sq Ft: 1450
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: No Garage, On Street, Parking Area, Uncovered Parking

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Mar 22, 2021
Sold by
Bellard Monica I
Bought by
Cherukuri Srikanth and Subramanian Chitrabala
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Belle Nguyen
Compass
List Price
$1,675,000
Sold Price
$1,550,000
Premium/Discount to List
-$125,000
-7.46%
Current Estimated Value
$2,271,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,665
Avg. Annual Appreciation
9.11%
Original Mortgage
$1,240,000
Outstanding Balance
$1,110,503
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,182,555

Purchase Details

Closed on
Sep 30, 2005
Sold by
Bellard Monica I
Bought by
Bellard Monica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 28, 2005
Sold by
Bellard Kevin
Bought by
Bellard Monica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 2004
Sold by
Bellard Monica I
Bought by
Monica I Bellard 2003 Revocable Trust and Bellard Monica I

Purchase Details

Closed on
Oct 24, 2003
Sold by
Schwartz Randall
Bought by
Bellard Monica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bellard Kevin
Bought by
Bellard Monica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 27, 2001
Sold by
Schwartz Randall and Schwartz Caroline
Bought by
Schwartz Randall

Purchase Details

Closed on
Jun 12, 1997
Sold by
Lazar Ferenc P and Lazar Katalin P
Bought by
Schwartz Randall and Schwartz Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.25%
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
Cherukuri Srikanth $1,550,000 Chicago Title Company
Bellard Monica I -- Fidelity National Title Co
Bellard Monica I -- Fidelity National Title Co
Monica I Bellard 2003 Revocable Trust -- --
Bellard Monica I $600,000 Fidelity National Title
Bellard Monica I -- Fidelity Title
Schwartz Randall -- --
Schwartz Randall $340,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherukuri Srikanth $1,240,000
Previous Owner Bellard Monica I $675,000
Previous Owner Bellard Monica I $675,000
Previous Owner Bellard Monica I $480,000
Previous Owner Schwartz Randall $100,000
Previous Owner Schwartz Randall $417,900
Previous Owner Schwartz Randall $328,000
Previous Owner Schwartz Randall $38,000
Previous Owner Schwartz Randall $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $1,550,000 -7.5% $1,069 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,675,000 0.0% $1,155 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $1,675,000 -1.4% $1,155 / Sq Ft
12/29/2020 12/29/20 For Sale $1,699,000 -- $1,172 / 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 $19,800 $1,677,768 $1,244,796 $432,972
2023 $19,800 $1,612,620 $1,196,460 $416,160
2022 $18,354 $1,581,000 $1,173,000 $408,000
2021 $10,706 $795,819 $394,050 $401,769
2020 $10,577 $787,660 $390,010 $397,650
2019 $10,327 $772,217 $382,363 $389,854
2018 $9,726 $757,077 $374,866 $382,211
2017 $9,501 $742,233 $367,516 $374,717
2016 $9,227 $727,680 $360,310 $367,370
2015 $9,282 $716,750 $354,898 $361,852
2014 $8,908 $702,712 $347,947 $354,765
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2021

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    5 in this area

    390 Total Sales

    Stanley Lo
    Section Image

  • B

    Buyer's Agent in 2021

    Belle Nguyen

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81824204

MLSListings

APN: 044-231-080

California San Mateo County Belmont 94002 Belmont Country Club

2602 Read Ave, Belmont, CA

This home is located at 2602 Read Ave, Belmont, CA 94002 since 29 December 2020 and is currently estimated at $2,271,665, approximately $1,566 per square foot. This property was built in 1947. 2602 Read Ave is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Immaculate Heart of Mary School.

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