NOT LISTED FOR SALE

40 Elder Dr Belmont, CA 94002

Belmont Woods Neighborhood

Estimated Value: $3,479,768 - $3,865,000

4 Beds
2.5 Baths
2,470 Sq Ft
$1,458/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $3,400,000 $1,377 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $19,423/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Formal Dining Room
  • 3 Car Attached Garage
  • Ralston Intermediate School Rated A
  • Skylights
  • Eat-In Kitchen

About This Home

As of October 2024

Located in the coveted Hallmark neighborhood with spectacular canyon and San Francisco Bay views! This home offers elegance and comfort with an open light-filled floor plan, soaring vaulted ceilings and hardwood floors. The grand entry leads to a comfortable living room and onto a beautifully appointed dining room. Large kitchen with central island and abundance of custom cabinetry open to an inviting great room with fireplace. The kitchen/family room flows seamlessly to the expansive balcony enhanced by spectacular views, an ideal space to relax or entertain. Tucked away, a primary suite retreat with walk-in closet opens to the balcony situated to enjoy serene views of the outdoors. Three additional bedrooms share a full hall bathroom. Rounding out this warm and inviting home is a perfectly placed half bathroom, separate laundry room and attached 3-car garage. Excellent Belmont schools! Minutes away from restaurants and shops, parks, hiking trails and easy access to streamlined commute routes!

Last Agent to Sell the Property

John Shroyer

Golden Gate Sotheby's International Realty License #00613370 Listed on: 09/25/2024

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Ina Daniliuk

Compass License #01946193

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R10006

Parking

  • 3 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,470 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 045-443-020

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2470
  • Year Built: 1974
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 2470
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Lot Info

  • Parcel Number: 045-443-020
  • Lot Acres: 0.2571
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11200.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 7, 2024
Sold by
Ihara Joint Living Trust and Ihara Minoru
Bought by
Abarham Mehdi and Kolaei Seyedeh Marjan
Seller's Agent
John Shroyer
Golden Gate Sotheby's International Realty
Buyer's Agent
Ina Daniliuk
Compass
List Price
$2,998,000
Sold Price
$3,400,000
Premium/Discount to List
$402,000
13.41%
Views
21
Current Estimated Value
$3,601,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,192
Avg. Annual Appreciation
4.45%
Original Mortgage
$2,650,000
Outstanding Balance
$2,620,245
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$980,947

Purchase Details

Closed on
Oct 8, 2004
Sold by
Ihara Minoru and Ihara Asako
Bought by
Ihara Minoru and Ihara Asako
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abarham Mehdi $3,400,000 Lawyers Title
Abarham Mehdi $3,400,000 Lawyers Title
Ihara Minoru -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abarham Mehdi $2,650,000
Closed Abarham Mehdi $2,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $3,400,000 +13.4% $1,377 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $2,998,000 -- $1,214 / 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 $8,676 $3,400,000 $2,800,000 $600,000
2023 $8,676 $659,585 $131,338 $528,247
2022 $8,389 $646,653 $128,763 $517,890
2021 $8,169 $633,975 $126,239 $507,736
2020 $7,983 $627,475 $124,945 $502,530
2019 $8,027 $615,173 $122,496 $492,677
2018 $7,813 $603,112 $120,095 $483,017
2017 $7,516 $591,288 $117,741 $473,547
2016 $7,403 $579,695 $115,433 $464,262
2015 $7,385 $570,989 $113,700 $457,289
2014 $7,256 $559,805 $111,473 $448,332
Source: Public Records

Agents Affiliated with this Home

  • John Shroyer

    Seller's Agent in 2024

    John Shroyer

    Golden Gate Sotheby's International Realty

    (650) 787-2121

    4 in this area

    209 Total Sales

    John Shroyer
    Section Image

  • I

    Buyer's Agent in 2024

    Ina Daniliuk

    Compass

    (415) 660-9955

    1 in this area

    40 Total Sales

    Ina Daniliuk
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81981543

MLSListings

APN: 045-443-020

California San Mateo County Belmont 94002 Belmont Woods

40 Elder Dr, Belmont, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes