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2400 Read Ave

Belmont, CA 94002

2 bd 1 ba 1,480 sqft Built 1954 Lot 10,498 sqft single_family
Most recent sale
$1,900,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $1,900,000 Public Record
Jun 25, 2022 Listed $1,949,000 MLS #ML81897595
Nov 10, 1977 Sold $97,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $174,787 $1,820,700 $1,995,487 $26,234
2024 $174,787 $1,820,700 $1,995,487 $23,589
2023 $168,000 $1,750,000 $1,918,000 $23,305
2022 $164,354 $47,861 $212,215 $3,985
2021 $161,132 $46,923 $208,055 $3,612
2020 $159,480 $46,442 $205,922 $3,321
2019 $156,353 $45,532 $201,885 $3,456
2018 $153,288 $44,640 $197,928 $3,119
2017 $150,283 $43,765 $194,048 $3,101
2016 $147,337 $42,907 $190,244 $3,259
2015 $145,124 $42,263 $187,387 $3,013
2014 $142,282 $41,436 $183,718 $2,886
2013 $141,639 $41,249 $182,888 $2,977
2012 $138,862 $40,441 $179,303 $2,730
2011 $136,140 $39,649 $175,789 $2,740
2010 $135,123 $39,353 $174,476 $2,420
2009 $135,445 $39,447 $174,892 $2,330
2008 $132,790 $38,674 $171,464 $2,312
2007 $130,187 $37,916 $168,103 $2,155

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,480 sqft
Lot size
10,498 sqft
ZIP code
94002
City
Belmont
Street
Read Ave
Coordinates
37.51761, -122.29907

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,400
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2400 Read Ave last sell?
2400 Read Ave most recently sold on Aug 8, 2022 for $1,900,000.
What is the current tax assessment for 2400 Read Ave?
The most recent total assessment for 2400 Read Ave (year 2025) is $1,995,487 with $26,234 in property tax.
How does 2400 Read Ave's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $1,900,000.
When was 2400 Read Ave built?
2400 Read Ave was built in 1954.
How does 2400 Read Ave compare to others on Read Ave?
We track 8 other properties on Read Ave. Browse the list under "Other properties on Read Ave" to compare beds, baths, and sale history.
What are the property facts for 2400 Read Ave?
2400 Read Ave is a 2 bed, 1 bath, 1,480 sqft, 10,498 sqft lot single_family.
Is 2400 Read Ave a flip candidate?
No — 2400 Read Ave does not appear in our flips dataset.
Is 2400 Read Ave a tax-appeal candidate?
No — 2400 Read Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$2.98M
2026 Q4
$3.08M
ZIP 94002 — Median Price History + Forecast

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