NOT LISTED FOR SALE

408 Middle Rd Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $1,964,000 - $2,565,062

3 Beds
2 Baths
1,610 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $2,200,000 $1,366 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,560/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Balcony
  • Ralston Intermediate School Rated A
  • Wood Flooring
  • 3-minute walk to Davey Glen Park

About This Home

As of October 2021

This is your opportunity to bring vision to a true diamond in the making! Set on a corner lot in the picturesque hills of Belmont, this home offers a glimpse into the pinnacle of the mid-century modern era when refined living was celebrated in the details. Soaring ceilings and a wall of windows in the large living room allow tons of light and possibility to pour in. The primary en suite maximizes great views across the Bay and gives perspective on this homes place in a well-established neighborhood. It's easy to envision what this home could be with a little TLC. The floor plan is well laid out and extends to ample outdoor space. If you're passionate about renovation and design, come and let your ideas flourish in this home with great bones, original hardwood floors, and vintage fixtures. Coveted Belmont schools, great parks, and a terrific neighborhood are all part of this perfect package.

Last Agent to Sell the Property

Bedbury Group

Golden Gate Sotheby's International Realty License #70010069 Listed on: 08/26/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jie Zhu

Coldwell Banker Realty License #01883828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,819

Year Built

  • 1955

Lot Details

  • 7,135 Sq Ft Lot
  • Lot Sloped Up
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,819

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1610
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Dishwasher, Dual Fuel, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1610
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Electricity Hookup (110V), Gas Hookup, Inside
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower And Tub, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Post And Pier
  • Roof: Metal
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Construction Type: Cinder Block, Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, Vaulted Ceiling, Wet Bar

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.1638
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7134.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7134.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 5, 2021
Sold by
Maureen Olsen Janice
Bought by
Janice M Olsen 2009 Trust
Seller's Agent
Bedbury Group
Golden Gate Sotheby's International Realty
Buyer's Agent
Jie Zhu
Coldwell Banker Realty
List Price
$1,675,000
Sold Price
$2,200,000
Premium/Discount to List
$525,000
31.34%
Current Estimated Value
$2,313,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,266
Avg. Annual Appreciation
0.75%
Original Mortgage
$1,760,000
Outstanding Balance
$1,608,435
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$657,695

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 28, 2021
Sold by
Olsen Michael R and Olsen Jennifer A
Bought by
Hong Tao and Xu Shuxin
Seller's Agent
Bedbury Group
Golden Gate Sotheby's International Realty
Buyer's Agent
Jie Zhu
Coldwell Banker Realty
List Price
$1,675,000
Sold Price
$2,200,000
Premium/Discount to List
$525,000
31.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,608,435
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$657,695

Purchase Details

Closed on
Jun 9, 2021
Sold by
Olsen Janice Maureen
Bought by
Olsen Michael R and Olsen Jennifer A

Purchase Details

Closed on
Oct 29, 2009
Sold by
Olsen Janice M
Bought by
Olsen Janice M

Purchase Details

Closed on
Aug 6, 2004
Sold by
Olsen Janice M
Bought by
Olsen Janice M

Purchase Details

Closed on
Sep 18, 1995
Sold by
Olse Robert C and Olsen Janice M
Bought by
Olsen Robert C and Olsen Janice M
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
Janice M Olsen 2009 Trust -- --
Hong Tao $2,200,000 Lawyers Title Company
Olsen Michael R -- --
Olsen Janice M -- None Available
Olsen Janice M -- --
Olsen Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Tao $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $2,200,000 +31.3% $1,366 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,675,000 0.0% $1,040 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $1,675,000 -- $1,040 / 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 $26,819 $2,334,657 $2,069,355 $265,302
2023 $26,819 $2,244,000 $1,989,000 $255,000
2022 $25,044 $2,200,000 $1,950,000 $250,000
2021 $3,335 $195,896 $55,470 $140,426
2020 $3,337 $193,889 $54,902 $138,987
2019 $3,199 $190,088 $53,826 $136,262
2018 $2,993 $186,362 $52,771 $133,591
2017 $2,949 $182,709 $51,737 $130,972
2016 $2,950 $179,127 $50,723 $128,404
2015 $3,250 $176,438 $49,962 $126,476
2014 $3,098 $172,983 $48,984 $123,999
Source: Public Records

Agents Affiliated with this Home

  • Bedbury Group

    Seller's Agent in 2021

    Bedbury Group

    Golden Gate Sotheby's International Realty

    (650) 740-4494

    2 in this area

    103 Total Sales

    Bedbury Group
    Section Image

  • J

    Buyer's Agent in 2021

    Jie Zhu

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81859065

MLSListings

APN: 044-191-040

California San Mateo County Belmont 94002 Antique Forest Homes

408 Middle Rd, Belmont, CA

This home is located at 408 Middle Rd, Belmont, CA 94002 since 26 August 2021 and is currently estimated at $2,313,266, approximately $1,436 per square foot. This property was built in 1955. 408 Middle Rd 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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