June 20, 2008
Something for Everyone in Belmont
The first two weeks of June brought only 10 new listings to the town of Belmont, but it is a diverse group and there should be something available for everyone, given your preferences on size, price, and location. Homes range in size from 720 to 2,980 square feet, and come in a farily even mix of 2 bedroom (2), 3 bedroom (4), 4 bedroom (2) and 5 bedroom (2) models. Pricewise, you have a range of $619,000 to $1,638,000, with 40% being under the $1mil mark. And amazingly, all are located on the west side, many up in the hills above Alameda.
According to recent MLS data from April and May that I reported on Thursday, Belmont sold an average of 12 homes per month, for an average of 98.77% of the asking price, with the average sales price being $885,437. Given that the schools in this town are good, all ranking 9s and 10s by the state (see the Mid-Pen Scholastic Report), most homes have easy access to 101 and/or 92/280, a very nice CalTrain station, and SamTrans that runs along major arteries, this is a desirable place to live. If you are interested, here are the newbies to check out:
2852 SAN JUAN BOULEVARD, 2/1, 720sf Listed for $619,900 (image right)
Small home on large 8000 sf lot. Bank owned REO, last sold in 2005 for $650,000.
1850 ALDEN STREET, 2/1, 1010 sf Listed for $798,800
Standard rancher on a standard lot. Already has a pending offer.
1836 EL VERANO WAY, 3/2, 1290 sf Listed for $799,999
Appears to have been taken off the market.
2761 YOSEMITE DRIVE, 3/2, 1410 sf Listed for $974,500
Nicely landscaped rancher off Ralston Avenue. Easy access to freeways, shopping, and transportation. Last sold 2004 for $811,000
2917 SAN JUAN BOULEVARD, 4/3, 2000 sf Listed for $1,148,000
Contemporary home in the canyon. Open Sunday 2-4. Last sold in 2000 for $675,000.
1 SPRING LANE, 3/2, 1630 sf Listed for $1,148,000
Rancher on 1/3 acre, has great deck with views of the Peninsula and Bay. Last Sold 2000 for $720,000.
1826 OAK KNOLL DRIVE, 4/2.5, 2460 sf Listed for $1,159,000
Another large home, but on a substandard 4400 sf lot.
2935 SAN JUAN BOULEVARD, 3/2.5, 2400 sf Listed for $1,299,000 (image right)
Contemporary 3 story home, open this Sunday from 2-4.
3309 HASKINS DRIVE, 5/ 2.5, 2980 sf Listed for $1,589,000
Sitting on a half acre, this contemporary tri-level home is primarily below grade, located up in the canyon.
2776 BELMONT CANYON ROAD, 5/4+, 2340 sf Listed for $1,638,000
Mediterranean style influences in this canyon contemporary home. 800 square feet of deck with views. Possibly original owner.
