NOT LISTED FOR SALE

830 Gordon Ave Belmont, CA 94002

Antique Forest Homes Neighborhood

Estimated Value: $1,669,000 - $2,030,185

4 Beds
3 Baths
1,788 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $1,617,500 $905 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,963/month

157 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Coin Laundry
  • Ralston Intermediate School Rated A
  • Forced Air Heating System

About This Home

As of February 2021

Calling all investors! Vacant 3 unit building in sought after area of Belmont. Easy access freeways, Cal Train and El Camino Real. Proximity to San Francisco and Silicon Valley makes for ideal location for renters and owners alike. Easy access to Ralston Ave. commercial/retail center with Safeway, Peets and Starbucks Fantastic opportunity to buy an Investment property. Live in the 2/1 unit with an outdoor patio and rent out the other two 1/1 units. All three units have been totally remodeled with the following: cabinets, granite counter tops, re-finished hardwood floors, new double pane windows, and appliances. Newer roof. Near Twin Pines Park & O'Donnel Park.

Last Agent to Sell the Property

David Cauchi

Compass License #01356588 Listed on: 08/27/2020

Compass

Co-Listed By

Carmen Miranda

Compass License #01065975

Last Buyer's Agent

Vince Armando

Armando Investment License #00609541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,920

Year Built

  • 1955

Lot Details

  • 3,999

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,788 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • 3,999 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $88,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $2,400
  • Utility Expense $360
  • Trash Expense $600
  • Operating Expense $26,360
  • Gross Income $87,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,920

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1788
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher
  • Living Sq Ft: 1788
  • Laundry: Coin Operated
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Covered Parking
  • Carport Min: 3

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Gross Rent Multiplier: 18.32

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 2400
  • Expenses Total: 26360
  • Expenses Utility: 360
  • Expense Trash: 600
  • Income Annual Gross: 87300.00
  • Income Annual Rental: 88800
  • Income Gross Scheduled: 90000
  • Income Includes: Laundry, Lease
  • Income Other: 1200
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Utilities - Electric
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Feb 10, 2021
Sold by
Plough Tina
Bought by
Plough Peter
Seller's Agent
David Cauchi
Compass
Buyer's Agent
Vince Armando
Armando Investment
List Price
$1,899,000
Sold Price
$1,617,500
Premium/Discount to List
-$281,500
-14.82%
Current Estimated Value
$1,836,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,516
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Apr 20, 2015
Closed on
Apr 3, 2015
Sold by
Roles Brent and Matos Roles Yolanda
Bought by
Haner Oded and Wasserstein Lilian Haner
Seller's Agent
David Zaria
Intero Real Estate Services
Buyer's Agent
Julie Flouty
Compass
List Price
$1,098,000
Sold Price
$1,300,000
Premium/Discount to List
$202,000
18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
May 18, 2010
Sold by
High Nancy and High Thomas
Bought by
Roles Brent and Matos Roles Yolanda

Purchase Details

Closed on
Mar 24, 1995
Sold by
Lowell Doris
Bought by
Lowell Doris S
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
Plough Peter -- North American Title Co Inc
Plough Peter $1,625,000 North American Title Co Inc
Haner Oded $1,300,000 Chicago Title Company
Roles Brent $725,000 Chicago Title Company
Lowell Doris S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plough Peter E $150,000
Previous Owner Haner Oded $625,500
Previous Owner Haner Oded $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $1,617,500 -1.9% $905 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $1,649,000 -8.3% $922 / Sq Ft
09/28/2020 09/28/20 Price Changed $1,799,000 -5.3% $1,006 / Sq Ft
08/27/2020 08/27/20 For Sale $1,899,000 +46.1% $1,062 / Sq Ft
05/15/2015 05/15/15 Sold $1,300,000 +18.4% $727 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $1,098,000 -- $614 / 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 $22,920 $1,765,443 $1,190,674 $574,769
2023 $22,920 $1,696,892 $1,144,440 $552,452
2022 $21,147 $1,663,620 $1,122,000 $541,620
2021 $19,191 $1,443,418 $721,709 $721,709
2020 $20,372 $1,428,618 $714,309 $714,309
2019 $19,751 $1,400,606 $700,303 $700,303
2018 $18,520 $1,373,144 $686,572 $686,572
2017 $17,934 $1,346,220 $673,110 $673,110
2016 $17,542 $1,319,824 $659,912 $659,912
2015 $11,516 $778,668 $389,334 $389,334
2014 $11,039 $763,416 $381,708 $381,708
Source: Public Records

Agents Affiliated with this Home

  • David Cauchi

    Seller's Agent in 2021

    David Cauchi

    Compass

    (650) 931-2063

    1 in this area

    15 Total Sales

    Section Image
  • Carmen Miranda

    Seller Co-Listing Agent in 2021

    Carmen Miranda

    Compass

    (650) 743-4320

    7 in this area

    89 Total Sales

    Section Image
  • Vince Armando

    Buyer's Agent in 2021

    Vince Armando

    Armando Investment

    (415) 860-4527

    2 in this area

    30 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    David Zaria

    Intero Real Estate Services

    Section Image
  • Julie Flouty

    Buyer's Agent in 2015

    Julie Flouty

    Compass

    (650) 504-6900

    1 in this area

    188 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81808061

MLSListings

APN: 045-161-180

California San Mateo County Belmont 94002 Antique Forest Homes

830 Gordon Ave, Belmont, CA

This home is located at 830 Gordon Ave, Belmont, CA 94002 since 27 August 2020 and is currently estimated at $1,841,046, approximately $1,029 per square foot. This property was built in 1955. 830 Gordon 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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