NOT LISTED FOR SALE

Estimated Value: $4,416,000 - $6,327,000

5 Beds
4.5 Baths
5,570 Sq Ft
$948/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $5,100,000 $916 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $30,967/month

5 Days on Market

Highlights

  • Home Theater
  • Private Pool
  • 1 Acre Lot
  • Ralston Intermediate School Rated A
  • Built-In Refrigerator
  • Green Roof

About This Home

As of December 2021

This private paradise is now available in the heart of Belmont. The home is thoughtfully placed on a very private lot, which is just under one acre. In this bright custom home, you will find an updated chefs kitchen with all new appliances, 3 oversized bedrooms, 2 full updated bathrooms, an updated half bath and new light fixtures on the main level. On the garage level you will find a 6 car garage and two separate living quarters. Living quarter (A) includes bedroom, bathroom, walk in closet and bar. Living quarter (B) includes bedroom, walk-in closet, bathroom, kitchen/ dining/living area. Continuing on the garage level you will find additional finished rooms that could easily be transformed into a wine cellar, theater, gym etc. The backyard is an entertainers dream with a sparkling pool and spa, with plenty of space for possible outdoor kitchen and/or gardens. The possibilities are endless at 838 Covington Road. Buyer to verify sq.ft.

Last Agent to Sell the Property

Marie Allen

Nick Sadek Sotheby's International Realty License #02020718 Listed on: 10/29/2021

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Vicky Yu

Compass License #02002759

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 1 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped
  • Secluded Lot
  • Backyard Sprinklers
  • Sprinklers on Timer
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,570 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Game Room
  • Storage Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Electric Oven
  • Self-Cleaning Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry in unit
  • Sink Near Laundry
  • Laundry Cabinets
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 11 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Zoned Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044281400

Home Details

Home Type

Single Family

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom,Attached
  • Property Subtype 1: Single Family Residence
  • Stories: 2
  • Year Built: 1986
  • Architectural Style: Traditional, Contemporary
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Wine Refrigerator, Self/Cont Clean Oven, Microwave, Ice Maker, Hood Over Range, Gas Water Heater, Gas Plumbed, Gas Cook Top, Disposal, Dishwasher, Built-In Refrigerator, Built-In Gas Range, Built-In Electric Oven
  • Interior Amenities: Wet Bar, Formal Entry, Cathedral Ceiling
  • Other Equipment: Central Vacuum
  • Fireplace Features: Living Room, Gas Log, Family Room, Double Sided, Dining Room
  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Master Bathroom Features: Window,Tile,Shower Stall(s),Multiple Shower Heads,Jetted Tub,Granite,Double Sinks,Bidet
  • Master Bedroom Features: Walk-In Closet,Sitting Room,Sitting Area,Outside Access,Balcony
  • Total Bathrooms: 5
  • Bathroom Features: Window,Tub,Tile,Shower Stall(s),Radiant Heat,Low-Flow Toilet(s),Granite
  • Basement: Full
  • Dining Room Features: Formal Area
  • Family Room Features: Sunken,Cathedral/Vaulted
  • Kitchen Features: Stone Counter,Slab Counter,Quartz Counter,Pantry Closet,Island,Breakfast Room,Breakfast Area
  • Living Room Features: Sunken,Cathedral/Vaulted
  • Room Type: Storage, Possible Guest, Office, Living Room, Library, In Law Apartment, Home Theater, Guest Quarters, Game Room, Family Room
  • Lower Level: Retreat,Master Bedroom,Kitchen,Garage,Full Bath(s),Family Room,Bedroom(s)
  • Main Level: Retreat,Master Bedroom,Living Room,Kitchen,Full Bath(s),Family Room,Dining Room,Bedroom(s)
  • Price Per Square Foot: 915.62
  • Square Footage: 5570.00
  • Window Features: Window Screens, Dual Pane Full
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: Transfer Disclosure Statement, TDS Available, Structural Pest Control Report, Seller Property Questionnaire, Preliminary Title Report, Pool Report, Pest Control Report Available, Natural Hazard Disclosure Available, Home Inspection Report, Environmental Hazards Report
  • Exterior Features: Balcony
  • Fencing: Wood, Chain Link, Back Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 4200000.00
  • Lot Features: Split Possible, Secluded, Low Maintenance, Landscape Front, Landscape Back, Auto Sprinkler Rear, Auto Sprinkler F&R
  • Patio And Porch Features: Front Porch, Covered Patio
  • Pool: Yes
  • Property Condition: Updated/Remodeled, Original
  • Road Surface Type: Asphalt
  • Roof: Composition
  • Spa: Yes
  • Topography: Trees Many,Rolling
  • Land Use: Residential

Garage/Parking

  • Parking Features: Garage Facing Front, Garage Door Opener, Attached
  • Total Parking Spaces: 11.00
  • Parking Type: On Site (Single Family Only)
  • Parking Fees: No
  • Parking Access: Independent
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Smoke Detector, Fire Suppression System, Carbon Mon Detector
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Natural Gas Connected, Public
  • Cooling: None
  • Electric: 220 Volts in Laundry, 220 Volts in Kitchen
  • Heating: Radiant, MultiZone, Hot Water, Gas, Fireplace(s), Central, Baseboard
  • Laundry Features: Space For Frzr/Refr, Sink, Inside Area, Gas Hook-Up, Cabinets
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Energy Efficient: Windows, Water Heater, Thermostat, Roof, Lighting, Insulation, Heating, Exposure/Shade, Construction, Appliances

Lot Info

  • Irrigation: Irrigation Connected
  • Lot Size Acres: 1.0037
  • Lot Size Sq Ft: 43721.00

Tax Info

  • Assessor Parcel Number: 044281400
  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: In law
  • Unit 2 Occupied: No
  • Unit 2 Type: Attached

MLS Schools

  • School District (County): San Mateo

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 29, 2021
Sold by
Ercolini Diane M
Bought by
Ercolini Larry W
Seller's Agent
Marie Allen
Nick Sadek Sotheby's International Realty
Buyer's Agent
Vicky Yu
Compass
List Price
$4,200,000
Sold Price
$5,100,000
Premium/Discount to List
$900,000
21.43%
Current Estimated Value
$5,283,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,088
Avg. Annual Appreciation
0.89%
Original Mortgage
$2,800,000
Outstanding Balance
$2,575,265
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$2,707,823

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 28, 2021
Sold by
Ercolini Larry W
Bought by
Sakurai Ronald A and Sakurai Yan
Seller's Agent
Marie Allen
Nick Sadek Sotheby's International Realty
Buyer's Agent
Vicky Yu
Compass
List Price
$4,200,000
Sold Price
$5,100,000
Premium/Discount to List
$900,000
21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,575,265
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$2,707,823

Purchase Details

Closed on
Dec 29, 2020
Sold by
Porporato Valerie
Bought by
Ercolini Larry W

Purchase Details

Closed on
Jan 10, 2018
Sold by
Ercolini Larry W
Bought by
Ercolini Larry W

Purchase Details

Closed on
Mar 13, 2012
Sold by
Dominion Evelyn M
Bought by
Dominion Evelyn M

Purchase Details

Closed on
Sep 3, 2003
Sold by
Dominion Evelyn M
Bought by
Dominion Evelyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ercolini Larry W -- Lawyers Title
Sakurai Ronald A $5,100,000 Lawyers Title Company
Ercolini Larry W $500,000 None Available
Ercolini Larry W -- None Available
Dominion Evelyn M -- None Available
Dominion Evelyn M -- None Available
Dominion Evelyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sakurai Ronald A $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $5,100,000 +21.4% $916 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $4,200,000 -- $754 / Sq Ft
Source: MetroList

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 $40,424 $3,417,699 $2,226,719 $1,190,980
2023 $38,546 $3,284,988 $2,140,254 $1,144,734
2022 $57,781 $5,100,000 $3,800,000 $1,300,000
2021 $16,776 $1,313,962 $322,597 $991,365
2020 $16,472 $1,300,491 $319,291 $981,200
2019 $16,714 $926,301 $31,901 $894,400
2018 $12,077 $908,139 $31,276 $876,863
2017 $11,292 $890,333 $30,663 $859,670
2016 $11,124 $872,876 $30,062 $842,814
2015 $10,788 $859,766 $29,611 $830,155
2014 $10,344 $842,925 $29,031 $813,894
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 421605364

MetroList

APN: 044-281-400