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1657 Molitor Road

1657 Molitor Road, Belmont, CA 94002
Property in Downtown Belmont
Sold Mar 31, 2021
$1,700,000
$1,320,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Oct 06, 2020
$1,273,000
$1,145,700 by Conventus Llc
Mortgage
1657 Molitor Road in Belmont, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1657 Molitor Road has 1,270 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,110. In total, the area measurement of the land is 6,660 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 430 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1657 Molitor Road was last sold in Mar 24, 2021 for $1,700,000. According to our calculations, that's $1,338.58 per sqft. Prior to that sales transaction, the property was sold for $1,273,000 in Sep 28, 2020. Current property owners are expected to pay $20,239 in taxes per year. The property on 1657 Molitor Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,734,000. To break that down further, the land itself was valued at $1,326,000. While improvements to the property were assessed at a total of $408,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,660
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,270
  • Gross Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,270
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAY VIEW HEIGHTS
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 19 BLOCK 15 BAY VIEW HEIGHTS 2 RSM 16/32 33 CITY OF BELMONT

Ownership

  • Current Owner : WU LAN
  • Current Owner 2: WOO RYAN
  • Previous Owner : SIMSIM REALTY LLC
  • Owner Before Previous Owner: LYNCH RYAN W
  • Owner Before Previous Owner 2: LYNCH JENNIFER B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 33-B5
  • Parcel: 045-274-260
  • Block: 15
  • Lot: 19
  • Latitude: 37.512
  • Longitude: -122.271

    Address

  • Full Address: 1657 Molitor Rd
  • Address - House Number: 1657
  • Address - Street Name: Molitor
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Belmont
  • Carrier Code: C001
  • 4-Digit Zip Code: 3715
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,239
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,943,275
  • High Value: 2,348,975
  • Low Value: 1,537,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,320,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $1,320,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,734,000
  • Assessed Land Value: $1,326,000
  • Assessed Improvements Value: $408,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11831674319
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-051502
  • Previous Sale Recording Date: Oct 06, 2020
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $1,273,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $1,320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CONVENTUS LLC
  • Previous Mortgage Transaction Date: Oct 06, 2020
  • Previous Mortgage Loan Amount: $1,145,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Downtown Belmont



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Frequently Asked Questions

What neighborhood is 1657 Molitor Road located in?
The 1657 Molitor Road is a located in the neighborhood of Downtown Belmont in Downtown Belmont, Belmont.
What is the average sales price for listings in 1657 Molitor Road?
The average sales price for units in 1657 Molitor Road is $0 currently.

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