$1,575,000
OPEN SAT 1:30PM - 4:30PM

508 Wessex Way Belmont, CA 94002

Homeview Neighborhood

Estimated payment $9,464/month

Total Views 511
4 Beds
2 Baths
1,952 Sq Ft
$807 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • 2 Car Attached Garage
  • Ralston Intermediate School Rated A
  • Contemporary Architecture
  • 3-minute walk to O'Donnel Park

About This Home

Rarely on the market Duplex in Sterling Downs. Both units are two bedrooms, one bath with in-unit washer/dryers. Both units have updated kitchens with refrigerator, gas range/oven and dishwashers, living room/dining room combo, updated baths with tiled shower over tub, laminate wood flooring, good size, sun-filled back yards, and a one car garage with auto opener. 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 San Francisco to the North, and High Tech employers to the South. Close to shopping, Restaurants and more. Walking distance to CalTrain and easy access to highways 101, 280 and 92.

Listing Agent

Karon T Knox-Franzella

Intero Real Estate Services License #00991488 Listed on: 09/05/2025

Intero Real Estate Services

Open House Schedule

  • Saturday, September 13, 2025
    1:30 to 4:30 pm
    9/13/2025 1:30:00 PM +00:00
    9/13/2025 4:30:00 PM +00:00
    Rarely on the market Duplex in Sterling Downs. Both units are 2 bed/1 bath w/in-unit washer/dryers. Both units have updated kitchens w/refrigerator, gas range/oven & DW, LR/DR room combo, updated baths, wood flooring,separate back yards, & 1 car gar
    Add to Calendar
  • Sunday, September 14, 2025
    1:30 to 4:00 pm
    9/14/2025 1:30:00 PM +00:00
    9/14/2025 4:00:00 PM +00:00
    Rarely on the market Duplex in Sterling Downs. Both units are 2 bed/1 bath w/in-unit washer/dryers. Both units have updated kitchens w/refrigerator, gas range/oven & DW, LR/DR room combo, updated baths, wood flooring,separate back yards, & 1 car gar
    Add to Calendar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,878

Year Built

  • 1953

Lot Details

  • 6,037 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

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

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

  • 1,952 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,450
  • Operating Expense $15,650
  • Gross Income $38,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,878

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Contemporary, Ranch
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1952
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1952
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1386
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6037.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6037.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 41.02
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1450
  • Expense Landscape: 1200
  • Expenses Total: 15650
  • Income Annual Gross: 38016.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $12,878 $932,582 $466,291 $466,291
2023 $12,878 $896,372 $448,186 $448,186
2022 $12,309 $878,798 $439,399 $439,399
2021 $12,312 $861,568 $430,784 $430,784
2020 $12,481 $852,734 $426,367 $426,367
2019 $11,569 $836,014 $418,007 $418,007
2018 $11,358 $819,622 $409,811 $409,811
2017 $11,086 $803,552 $401,776 $401,776
2016 $10,741 $787,798 $393,899 $393,899
2015 $10,557 $775,966 $387,983 $387,983
2014 $10,131 $760,766 $380,383 $380,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,575,000 -- $807 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $710,000 North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $410,000 New Conventional
Closed $412,000 New Conventional
Closed $417,000 Purchase Money Mortgage
Source: Public Records

Source: MLSListings

MLS Number: ML82020547

MLSListings

APN: 040-314-040

California San Mateo County Belmont 94002 Homeview

508 Wessex Way, Belmont, CA

This home is located at 508 Wessex Way, Belmont, CA 94002 and is currently priced at $1,575,000, approximately $806 per square foot. This property was built in 1953. 508 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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Karon T Knox-Franzella
Listing Agent
Karon T Knox-Franzella
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Intero Real Estate Services
(650) 334-1783