NOT LISTED FOR SALE

316 Malcolm Ave Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $2,358,000 - $2,520,000

3 Beds
2 Baths
1,930 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $1,760,000 $912 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,324/month

8 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Granite Countertops
  • Ralston Intermediate School Rated A
  • Bonus Room
  • Den

About This Home

As of August 2017

Spectacular bay views! Beautifully remodeled like new! 3BR/2BA plus a bonus room ideal as 4th bedroom. Perched atop a knoll in Central Belmont for this fine home. The light-filled interior boasts a flowing floor plan highlighted by exquisite Brazilian Teak hardwood flooring, contemporary lighting, skylights, high ceiling, dual panel windows & doors, large picture windows overlooking the views. Gourmet kitchen with maple cabinets, granite countertop & stainless appliances. Elegant remodeled bathrooms with tile flooring, dual vanity. Sits on the front patio along with a private backyard retreat for year round enjoyment of the views! Landscaped yard with vegetable garden & turf. Oversized 2-car garage ideal for family/recreational room. Large basement for wine/storage. Minutes to Shopping Center, Caltrain stations. Easy access to 82/101. House has 1,930SF per the floor plan drawing (buyer to verify). The county record is 1,700SF (buyer to verify)

Last Agent to Sell the Property

Carol Li

Compass License #01227755 Listed on: 07/08/2017

Compass

Last Buyer's Agent

Earl Chan

Madison Hunter License #01248630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,291

Year Built

  • Built in 1956

Lot Details

  • 5,702 Sq Ft Lot
  • Gentle Sloping Lot
  • Mostly Level

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 044-172-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,291

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1930
  • Year Built: 1956
  • Zoning Description: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1930
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Storage, Workshop
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Foam
  • View: Bay, City Lights

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Sequoia Union High
  • Elementary School: Central Elementary
  • Middle School: Ralston Intermediate
  • High School: Carlmont High
  • High School: 617
  • Elementary School: 618
  • Middle School: 669

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level
  • Parcel Number: 044-172-050
  • Lot Acres: 0.1309
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5700.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2017
Closed on
Jul 20, 2017
Sold by
Zhang Wei and Liu Shu
Bought by
Huie Margaret and Margaret Huie Trust
Seller's Agent
Carol Li
Compass
Buyer's Agent
Earl Chan
Madison Hunter
List Price
$1,588,000
Sold Price
$1,760,000
Premium/Discount to List
$172,000
10.83%
Current Estimated Value
$2,456,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,177
Avg. Annual Appreciation
4.03%
Original Mortgage
$775,000
Outstanding Balance
$648,727
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,770,936

Purchase Details

Listed on
Sep 21, 2014
Closed on
Nov 10, 2014
Sold by
Cleary Sara L
Bought by
Zhang Wei and Liu Shu
Seller's Agent
Marilyn Porto
Coldwell Banker Realty
Buyer's Agent
Lily Hsu
Compass
List Price
$1,298,000
Sold Price
$1,238,000
Premium/Discount to List
-$60,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$990,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Huie Margaret $1,760,000 Old Republic Title Company
Zhang Wei $1,238,000 Cornerstone Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huie Margaret $775,000
Previous Owner Zhang Wei $962,000
Previous Owner Zhang Wei $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $1,760,000 +10.8% $912 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $1,588,000 +28.3% $823 / Sq Ft
11/14/2014 11/14/14 Sold $1,238,000 -4.6% $728 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
09/21/2014 09/21/14 For Sale $1,298,000 -- $764 / 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 $23,291 $2,002,575 $1,433,662 $568,913
2023 $23,291 $1,924,814 $1,377,992 $546,822
2022 $22,126 $1,887,073 $1,350,973 $536,100
2021 $22,463 $1,850,073 $1,324,484 $525,589
2020 $21,870 $1,831,104 $1,310,904 $520,200
2019 $21,703 $1,795,200 $1,285,200 $510,000
2018 $20,853 $1,760,000 $1,260,000 $500,000
2017 $15,617 $1,282,014 $641,007 $641,007
2016 $15,181 $1,256,878 $628,439 $628,439
2015 $14,961 $1,238,000 $619,000 $619,000
2014 $1,998 $109,962 $22,977 $86,985
Source: Public Records

Agents Affiliated with this Home

  • Carol Li

    Seller's Agent in 2017

    Carol Li

    Compass

    (650) 281-8368

    40 Total Sales

    Carol Li
    Section Image

  • E

    Buyer's Agent in 2017

    Earl Chan

    Madison Hunter

  • M

    Seller's Agent in 2014

    Marilyn Porto

    Coldwell Banker Realty

  • Lily Hsu

    Buyer's Agent in 2014

    Lily Hsu

    Compass

    (650) 823-9189

    41 Total Sales

    Lily Hsu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81669049

MLSListings

APN: 044-172-050

California San Mateo County Belmont 94002 Antique Forest Homes

316 Malcolm Ave, Belmont, CA

This home is located at 316 Malcolm Ave, Belmont, CA 94002 since 08 July 2017 and is currently estimated at $2,456,177, approximately $1,272 per square foot. This property was built in 1956. 316 Malcolm Ave is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Hanlin Academy.

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