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935 Old County Rd Unit 22, Belmont, CA, 94002

2beds
2baths
1,054sqft
$660,837
$627price/sqft
$4,684/moest. monthly cost
$187,360/yrincome needed

About This Home

**THIS IS A BELOW MARKET RATE PROPERTY. The purchase price CANNOT exceed $660,837 (it cannot be bid up higher). The buyer must qualify to purchase this home by NOT EXCEEDING a set maximum income. For example, for a household of 4, the income CANNOT EXCEED $240,950. It must be sold to a household of at least 2 or more people. It MUST BE OWNER OCCUPIED (cannot be purchased and then rented out). At closing, the new owner will sign documents restricting the sale in the future to comply with the below market rate restrictions. If multiple buyers apply and qualify, the winning buyer will be selected by lottery.** Top floor unit with vaulted ceilings. The kitchen features newer appliances, lots of cabinetry, and a desirable sense of openness over the kitchen peninsula out to the dining area and living room. The primary bedroom ensuite features 2 reach-in closets, 2 sinks and a large soaking tub. Laundry is convenient with an in-unit stackable washer and dryer. One car garage plus a nearby assigned parking space. The close-by amenities of Belmont and Belmont's strong schools are another wonderful asset of this home!

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

6/10
Nesbit Elementary SchoolGrades K-80.2 mi
10/10
Carlmont High SchoolGrades 9-121.3 mi
10/10

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Composition, Shingle

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven/Range,Refrigerator,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: ShowersoverTubs2plus

Bedroom

  • Features: PrimarySuiteRetreat

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: BreakfastBar, DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • Vaulted Ceiling(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter,Living Room

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,054
  • Total interior livable area: 1,054 sqft

Property

Details

  • Parcel number: 103410040
  • Zoning: C30000
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Assigned,Attached,Garage Door Opener,Guest,Lighted,Parking Restrictions
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,341$40,092
Home Insurance *$56$672
Property Taxes $889$10,668
Electricity $398$4,786
Total$4,684$56,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,594/yr
40% on housing$140,520/yr
45% on housing$124,906/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$627This listing

vs Other Active Listings

Avg $/sqft

ZIP 94002$934
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94002$1,226
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$660,837
1993-03-09Sold$173,000

For Sale by Agent

Agent Vandervort Group
BrokerageVeritas Homes

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