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2523 Somerset Dr

Belmont, CA 94002

4 bd 2 ba 2,210 sqft Built 1975 Lot 9,380 sqft single_family
Most recent sale
$3,530,000
Feb 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2024 Sold $3,530,000 MLSListings
Jan 15, 2024 Listed $2,998,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $595,600 $3,060,000 $3,655,600 $43,753
2024 $595,600 $3,060,000 $3,655,600 $4,627
2023 $162,488 $37,680 $200,168 $5,052
2022 $159,302 $36,942 $196,244 $4,122
2021 $156,179 $36,218 $192,397 $4,524
2020 $154,578 $35,847 $190,425 $3,821
2019 $151,548 $35,145 $186,693 $4,290
2018 $148,577 $34,456 $183,033 $3,585
2017 $145,664 $33,781 $179,445 $3,983
2016 $142,808 $33,119 $175,927 $3,523
2015 $140,663 $32,622 $173,285 $3,355
2014 $137,908 $31,983 $169,891 $3,207
2013 $137,285 $31,839 $169,124 $3,126
2012 $134,594 $31,215 $165,809 $2,946
2011 $131,955 $30,603 $162,558 $3,055
2010 $130,969 $30,375 $161,344 $2,442
2009 $131,281 $30,448 $161,729 $2,491
2008 $128,707 $29,851 $158,558 $3,815
2007 $126,184 $29,266 $155,450 $4,592

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,210 sqft
Lot size
9,380 sqft
ZIP code
94002
City
Belmont
Street
Somerset Dr
Coordinates
37.50150, -122.30436

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$21,180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2523 Somerset Dr last sell?
2523 Somerset Dr most recently sold on Feb 15, 2024 for $3,530,000.
What is the current tax assessment for 2523 Somerset Dr?
The most recent total assessment for 2523 Somerset Dr (year 2025) is $3,655,600 with $43,753 in property tax.
How does 2523 Somerset Dr's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $3,530,000.
When was 2523 Somerset Dr built?
2523 Somerset Dr was built in 1975.
How does 2523 Somerset Dr compare to others on Somerset Dr?
We track 7 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 2523 Somerset Dr?
2523 Somerset Dr is a 4 bed, 2 bath, 2,210 sqft, 9,380 sqft lot single_family.
Is 2523 Somerset Dr a flip candidate?
No — 2523 Somerset Dr does not appear in our flips dataset.
Is 2523 Somerset Dr a tax-appeal candidate?
No — 2523 Somerset Dr 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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