NOT LISTED FOR SALE

432 Wessex Way Belmont, CA 94002

Homeview Neighborhood

Estimated Value: $1,676,000 - $2,462,117

4 Beds
2 Baths
2,080 Sq Ft
$950/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,620,000 $779 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,135/month

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • 3-minute walk to O'Donnel Park
  • Ralston Intermediate School Rated A

About This Home

As of March 2023

Terrific Opportunity to own a Mid Peninsula Investment property. Perfect for investors, or live in one side & rent out the other. Well located; close to SF to the North, and High Tech employers to the South. Shopping, Restaurants & more very close by. Easy access to highways 101, 280 & 92. Walking distance to CalTrain. Completly remodeled, both units have been painted in & out. All new Luxury Vinyl Plank flooring throughout, new dual pane windows, new bathrooms & gas oven/ranges. 1 car garage for each unit, spacious back yards. Each side is quite spacious for 2/1 units, approx: 1040 Sq. Ft.

Last Agent to Sell the Property

Rick Smith

KW Bay Area Estates License #00907087 Listed on: 02/09/2023

KW Bay Area Estates

Last Buyer's Agent

Wayne Shen

Compass License #01905829

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,373

Year Built

  • 1953

Lot Details

  • 9,278 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $1,978
  • Trash Expense $512
  • Operating Expense $8,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,373

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Living Sq Ft: 2080
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9278.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9278.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1978
  • Expense Landscape: 1800
  • Expenses Total: 8662
  • Expense Trash: 512
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2025
Sold by
Shen Michael Lixin and Shen Yunhan
Bought by
Shen Yunhan
Current Estimated Value
$1,976,279

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 2, 2023
Sold by
Brown Survivors Trust
Bought by
Shen Michael and Shen Yunhan
Seller's Agent
Rick Smith
KW Bay Area Estates
Buyer's Agent
Wayne Shen
Compass
List Price
$1,699,950
Sold Price
$1,620,000
Premium/Discount to List
-$79,950
-4.7%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2019
Sold by
Brown Judith A and The Brown Bypass Trust
Bought by
Brown Judith A and The Brown Survivors Trust

Purchase Details

Closed on
Nov 29, 2010
Sold by
Brown Judith A and The Brown 2003 Living Trust
Bought by
Brown Judith A and The Brown Bypass Trust

Purchase Details

Closed on
Sep 30, 2003
Sold by
Brown Ted H and Brown Judith A
Bought by
Brown Ted H and Brown Judith A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shen Yunhan -- None Listed On Document
Shen Michael $1,620,000 Chicago Title Company
Brown Judith A -- None Available
Brown Judith A -- None Available
Brown Ted H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shen Michael $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $1,620,000 -4.7% $779 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $1,699,950 -- $817 / 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 $20,373 $1,685,448 $1,040,400 $645,048
2023 $20,373 $1,530,000 $1,020,000 $510,000
2022 $4,196 $92,336 $26,529 $65,807
2021 $4,372 $90,526 $26,009 $64,517
2020 $4,486 $89,599 $25,743 $63,856
2019 $4,166 $87,843 $25,239 $62,604
2018 $3,131 $86,122 $24,745 $61,377
2017 $3,501 $84,434 $24,260 $60,174
2016 $3,331 $82,780 $23,785 $58,995
2015 $3,097 $81,537 $23,428 $58,109
2014 $2,951 $79,941 $22,970 $56,971
Source: Public Records

Agents Affiliated with this Home

  • Rick Smith

    Seller's Agent in 2023

    Rick Smith

    KW Bay Area Estates

    (408) 482-0539

    1 in this area

    69 Total Sales

    Rick Smith
    Section Image
  • Wayne Shen

    Buyer's Agent in 2023

    Wayne Shen

    Compass

    (650) 931-2040

    2 in this area

    27 Total Sales

    Wayne Shen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81918392

MLSListings

APN: 040-320-040

California San Mateo County Belmont 94002 Homeview

432 Wessex Way, Belmont, CA

This home is located at 432 Wessex Way, Belmont, CA 94002 since 09 February 2023 and is currently estimated at $1,976,279, approximately $950 per square foot. This property was built in 1953. 432 Wessex Way is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Acton Academy Silicon Valley.

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