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2656 Velvet Way

Walnut Creek, CA 94596

5 bd 3 ba 2,769 sqft Built 1977 Lot 10,000 sqft single_family
Most recent sale
$2,075,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $2,075,000 MLS #40990170
Apr 27, 2022 Listed $1,998,800 MLS #40990170
Aug 31, 2018 Sold $675,000 Public Record
Mar 25, 2004 Sold $845,888 MLS #11221273
Feb 16, 2004 Listed $818,888 MLS #11221273
May 18, 1999 Sold $452,000 Public Record
Jul 6, 1984 Sold $217,500 Public Record
Sep 1, 1977 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $642,469 $1,332,531 $1,975,000 $22,270
2024 $642,469 $1,332,531 $1,975,000 $22,237
2023 $650,000 $1,325,000 $1,975,000 $22,321
2022 $503,483 $629,693 $1,133,176 $13,308
2021 $493,611 $617,347 $1,110,958 $13,021
2020 $488,550 $611,017 $1,099,567 $12,897
2019 $478,971 $599,037 $1,078,008 $13,640
2018 $432,850 $635,439 $1,068,289 $12,477
2017 $424,363 $622,980 $1,047,343 $12,022
2016 $416,043 $610,765 $1,026,808 $11,878
2015 $409,794 $601,591 $1,011,385 $11,732
2014 $384,719 $564,781 $949,500 $11,114
2013 $335,287 $492,213 $827,500 $9,615
2012 $335,287 $492,213 $827,500 $9,502
2011 $368,512 $540,988 $909,500 $10,395
2010 $381,549 $560,127 $941,676 $10,688
2009 $382,456 $561,458 $943,914 $10,724
2008 $406,777 $508,742 $915,519 $10,267
2007 $398,801 $498,767 $897,568 $10,068

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,769 sqft
Lot size
10,000 sqft
ZIP code
94596
City
Walnut Creek
Street
Velvet Way
Coordinates
37.87007, -122.02032

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,861
Gross rental yield
5.12%
Implied cap rate
3.33%
Trend-extrapolated value

Frequently asked questions

When did 2656 Velvet Way last sell?
2656 Velvet Way most recently sold on Jun 3, 2022 for $2,075,000.
What is the current tax assessment for 2656 Velvet Way?
The most recent total assessment for 2656 Velvet Way (year 2025) is $1,975,000 with $22,270 in property tax.
How does 2656 Velvet Way's assessment compare to its last sale price?
The current assessment is 4.8% below the last sale price of $2,075,000.
When was 2656 Velvet Way built?
2656 Velvet Way was built in 1977.
How does 2656 Velvet Way compare to others on Velvet Way?
We track 2 other properties on Velvet Way. Browse the list under "Other properties on Velvet Way" to compare beds, baths, and sale history.
What are the property facts for 2656 Velvet Way?
2656 Velvet Way is a 5 bed, 3 bath, 2,769 sqft, 10,000 sqft lot single_family.
Is 2656 Velvet Way a flip candidate?
No — 2656 Velvet Way does not appear in our flips dataset.
Is 2656 Velvet Way a tax-appeal candidate?
No — 2656 Velvet Way 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$1.5M
2026 Q4
$1.52M
ZIP 94596 — Median Price History + Forecast

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