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1940 Alden Street

1940 Alden Street, Belmont, CA 94002
Property in Central
Sold Apr 30, 2020
$1,938,000
$1,317,000 by Bank Of America Na
Mortgage Due Nov 01, 2051
Local assessors in Belmont, CA have categorized 1940 Alden Street as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 9,600 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 3 full bathrooms. There are also 3 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 1940 Alden Street has a total of 2,470 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,230 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. The garage on the property is 620 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. According to our sources, 1940 Alden Street sold most recently in Apr 8, 2020 for a total of $1,938,000. If you work out the math, that's approximately a cost of $627.18 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,846 in taxes each year. 1940 Alden Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,021,310. If we break it down further, the land itself was valued at $1,398,067. Improvements to the property, however, were assessed at a total of $623,243. The property's total assessed value has been marked as more than the total market value 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. 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: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,230
  • Garage Type: Underground/basement
  • Garage Square Area: 620
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,090
  • Gross Building Area: 3,090
  • Building Area: 2,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT PARK
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLOCK 1 BELMONT PARK RSM 25/12-13

Ownership

  • Current Owner : CHENG ZHIYU
  • Previous Owner : NIELSEN KIRSTEN A G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 608700

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-F4
  • Parcel: 044-290-370
  • Block: 1
  • Lot: 8
  • Latitude: 37.5163
  • Longitude: -122.294

    Address

  • Full Address: 1940 Alden St
  • Address - House Number: 1940
  • Address - Street Name: Alden
  • Address - Suffix Type: St
  • State: CA
  • City Name: Belmont
  • Carrier Code: C024
  • 4-Digit Zip Code: 1709
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,846
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,406,005
  • High Value: 2,908,309
  • Low Value: 1,903,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,317,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,317,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,021,310
  • Assessed Land Value: $1,398,067
  • Assessed Improvements Value: $623,243

    Sales

  • Current Sale Contract Date: Apr 08, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11761216845
  • Current Sale Price: $1,938,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-038719

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $1,356,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1940 Alden Street located in?
The 1940 Alden Street is a located in the neighborhood of Central in Central, Belmont.
What is the average sales price for listings in 1940 Alden Street?
The average sales price for units in 1940 Alden Street is $0 currently.

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