Belmont Housing Activity–Week Ending September 20th 2008

Belmont’s inventory of homes for sale ended exactly where it started off for the third week in row at 47 homes for sale. There were four news listings, six homes went pending and four closed escrow while two homes dropped off the inventory rolls as sellers gave up on trying to sell their homes.

NEW LISTINGS

Cipriani 2305 Cipriani 3 Bed 2 Baths 1,840 Sq Ft home for $ 1,050,000.

If you’re looking for a move-in condition home here’s one for the top of your list. Ok Cipriani is a busy street but the home sits back far enough to afford privacy and offers a nice level, large rear yard that looks like a park.

1136 North Court 3 Bed 2 Bath 1,290 Sq Ft. Home for $765,432

Too new to review but it looks like a nice home. FYI it sold in 2005 for $719,000—more on this one next week. In case you didn’t notice the exhaustive research that went into calculating the exact listing price—just count backwards…

E 2404 Palmer 3 Bed 2.5 bath 2,120 Sq Ft. home for $1,085,800Palmer

Also too new to review is this awesome looking home on Palmer—an excellent street in the Belmont hills.

It might just be too good to be true at that price. If you want a level yard, quiet street and newer home in Belmont this is a must see. This will in all likelihood be our BELMONT’S BEST DEAL for the week.

2122 Forest 3 Bed 2 bath 2,198 Sq Ft. home for $ 975,000.

Who know what is up with this home. There’s no agent tour, no open houses listed, it’s tenant occupied and there’s no pictures, virtual tour or anything. I guess they think this home will sell itself.

BOM (or back on market)

1224 North Road 2 bed 1 bath 980 Sq. Ft. home for $599,000

This home had a pending sale that fell through. No yard at all but nice Bay views. Better than a condo and all remodeled inside.

803 Alameda de las Pulgas 2 homes on one lot.

This one’s strictly for an investor but there’s some opportunity here.

Remeber–if you are interested in seeing any of these homes we can represent you under our Buyer Rebate program where you receive a 20% rebate!

SOLD HOMES (CLOSED SALES)

↓3442 E Laurel Creek Listed for $ 768,500 SOLD for $765,000 in 9 days. This was one of our BEST DEALS when it hit the market.

↓11 Kimmie Court 4 Bed 2.5 Bath 2,690 Sq. Ft. home LISTED for $1,125,000 SOLD for $1,035,000

Completely original condition.

↓2117 Cipriani 4 Bed 4+ Bath 2,400 Sq. Ft. home LISTED for $1,358,000 SOLD for $1,295,000 in 22 days. Completely remodeled home. BTW-this sale makes the home at 2037 Monroe that was lowered to $1,199,000 a good deal now! It’s a 5 bed 4+ bath remodeled 2,650 Sq. Ft. home!

↓1811 Valdez 3 Bed 2 bath 1,220 Sq. Ft. home LISTED for $799,000 SOLD for $795,000. ALL original—never hit the market.

Belmont’s Best Deal for May 21,2008

We thought this home was the best deal this week. It’s in a great area of the Belmont hills on the west side. Carmelita is known for having a warm micro-climate. For $699,000 this price is hard to beat. It has a larger than normal rear yard which is level–a rare find in the Belmont hills.

Call us at (650) 508-1441 or email dmorgan@morganhomes.com if you’d like to see this home!

CARMELITA AV, Belmont 94002 (Belmont)
$699,000 Beds: 2 bed(s) Baths: 1 bath(s)

DOM: 5  CDOM: 5   MLS: 809521 

Carm

Property Overview

CARMELITA AV

Belmont (Belmont) 94002

Detached Single Family (Class 1)

Bed/Bath:

2 / 1

SqFt:

1,020

Lot:

5,829 sq ft

Age:

57 years

Assoc Fee:

List Price:

$699,000

Sale Price:

Sale Date:

COE Date:

Remarks

Wonderful quiet location; Darling home! Open, bright with walls of glass revealing quaint covered front porch and private fenced yard; Dining room has been walled off from living room to create a home office; easily re-converted; Updated kitchen! Nearly 6000 sq ft lot! Desirable Belmont Hills!

Schools/Districts

Elem:

–/ Belmont-Redwood Shores Elementary

Middle:

High:

–/ Sequoia Union High

Property Features

Familyroom
No Family Room

Informal Dining Area
No Informal Dining Area

Other Rooms
Bonus Room

Bedroom Descriptions
    —

Shower And Tub
1 Shower over Tub

Shower
No Stall Shower

Other Areas
Extra Storage

Amenities
    —

Fireplace Location
    —

Floor Covering(S)
Hardwood
Tile

Energy Features
    —

Listing Includes
1 Dishwasher
1 Refrigerator
Microwave Oven

Garage/Parking
Detached
1 Car Carport

Lot Description
    —

View
    —

Yards/Grounds
Fenced Yard

Has Pool
No Pool

Pool Description
    —

Pool Options
    —

Style
Ranch

Presented by Christine Morgan, Carlmont Associates, 650-508-1441, cmorgan@morganhomes.com

** Information contained on this report is designed for accuracy but is not guaranteed **