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1561 Vine Street

1561 Vine Street, Belmont, CA 94002
Property in Downtown Belmont
Refi Nov 21, 2012
Transfer
$332,000 by Flagstar Bank Fsb
Mortgage Due Dec 01, 2042
Local assessors in Belmont, CA have categorized 1561 Vine Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 12,540 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 950 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1561 Vine Street has a total of 1,580 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,677 in taxes each year. 1561 Vine Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $128,874. If we break it down further, the land itself was valued at $32,316. Improvements to the property, however, were assessed at a total of $96,558. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,540
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTEBELLO
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLOCK 2 MONTEBELLO RSM 47/22 23 CITY OF BELMONT

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609000

Zoning

  • Zoning: R10010

Geography

  • Assessors Map Reference: 33-B4
  • Parcel: 045-211-110
  • Block: 2
  • Lot: 14
  • Latitude: 37.5115
  • Longitude: -122.274

    Address

  • Full Address: 1561 Vine St
  • Address - House Number: 1561
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: CA
  • City Name: Belmont
  • Carrier Code: C001
  • 4-Digit Zip Code: 3741
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,677
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 2,027,750
  • High Value: 2,487,450
  • Low Value: 1,568,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 21, 2012
  • First Open Lien Mortgage Loan Amount: $332,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,874
  • Assessed Land Value: $32,316
  • Assessed Improvements Value: $96,558

    Exemptions

  • Homeowner Exemption: Yes

About Downtown Belmont



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Frequently Asked Questions

What neighborhood is 1561 Vine Street located in?
The 1561 Vine Street is a located in the neighborhood of Downtown Belmont in Downtown Belmont, Belmont.
What is the average sales price for listings in 1561 Vine Street?
The average sales price for units in 1561 Vine Street is $0 currently.

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