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2501 Lincoln Avenue

2501 Lincoln Avenue, Belmont, CA 94002
Property in Cipriani
Sold Jun 25, 2019
$1,598,000
$1,046,000 by Citibank Na
Mortgage Due Jul 01, 2049
2501 Lincoln Avenue has been categorized by the local assessors in Belmont, CA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2501 Lincoln Avenue has 1,340 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,100 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 730 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 2501 Lincoln Avenue was last sold in Jun 14, 2019 for $1,598,000. According to our calculations, that's $771.98 per sqft. Current property owners are expected to pay $19,963 in taxes per year. The property on 2501 Lincoln Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,679,781. To break that down further, the land itself was valued at $1,261,413. While improvements to the property were assessed at a total of $418,368. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 730
  • Garage Type: Underground/basement
  • Garage Square Area: 730
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,100
  • Total Building Area: 2,070
  • Gross Building Area: 2,070
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT CO CLUB PROP 9
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 36 BLOCK 100 BELMONT CO CLUB PROP 9

Ownership

  • Current Owner : CHAI MEI ISABELLE
  • Current Owner 2: VOEGE MICHAEL
  • Previous Owner : PFEFFER ROBERT G
  • Previous Owner 2: PFEFFER DONNA MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 608800

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-E4
  • Parcel: 043-301-140
  • Block: 100
  • Lot: 36
  • Latitude: 37.5181
  • Longitude: -122.307

    Address

  • Full Address: 2501 Lincoln Ave
  • Address - House Number: 2501
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Belmont
  • Carrier Code: C010
  • 4-Digit Zip Code: 1425
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,963
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 71
  • Final Value: 2,062,150
  • High Value: 2,499,075
  • Low Value: 1,625,225

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,196,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jun 25, 2019
  • First Open Lien Mortgage Loan Amount: $1,046,000
  • 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: Jul 01, 2049
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Nov 01, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,679,781
  • Assessed Land Value: $1,261,413
  • Assessed Improvements Value: $418,368

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Transaction ID: 11625511617
  • Current Sale Price: $1,598,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-048947

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jun 25, 2019
  • First Mortgage Loan Amount: $1,046,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Cipriani



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2501 Lincoln Avenue located in?
The 2501 Lincoln Avenue is a located in the neighborhood of Cipriani in Cipriani, Belmont.
What is the average sales price for listings in 2501 Lincoln Avenue?
The average sales price for units in 2501 Lincoln Avenue is $0 currently.

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