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1048 Continentals Way

1048 Continentals Way, Belmont, CA 94002
Property in Western Hills
Refi Aug 29, 2003
Transfer
$3,150,000 by Washington Mutual Bank Fa
Mortgage Due Sep 01, 2033
1048 Continentals Way in Belmont, CA was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 4 floors. There are a total of 87 rooms in the home, of which, 39 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1048 Continentals Way has 30,548 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 71,438 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 28 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $66,261 in taxes each year. 1048 Continentals Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,452,739. If we break it down further, the land itself was valued at $544,341. Improvements to the property, however, were assessed at a total of $1,908,398. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 87
  • Bedroom Count: 39
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Building Style: Multifamily
  • Floor Count: 4
  • Living Units: 20
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 28

    Dimensions

  • Lot Size Square Feet: 71,438
  • Total Building Area: 30,548
  • Gross Building Area: 30,548
  • Building Area: 30,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 30,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONTINENTALS SUB
  • Land Acres: 1.64
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 8 BLK 1 CONTINENTALS SUBDIVISION RSM 60/44

Ownership

  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 608900

Geography

  • Assessors Map Reference: 32-E5
  • Parcel: 045-373-080
  • Block: 1
  • Lot: 8
  • Latitude: 37.5094
  • Longitude: -122.303

    Address

  • Full Address: 1048 Continentals Way
  • Address - House Number: 1048
  • Address - Street Name: Continentals
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3163
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $66,261
  • Tax Rate Code Area: 03-012

    Appraisal Valuation

  • Standard Deviation: 0.425
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 14
  • Final Value: 2,338,515
  • High Value: 3,332,468
  • Low Value: 1,344,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,150,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Aug 29, 2003
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,452,739
  • Assessed Land Value: $544,341
  • Assessed Improvements Value: $1,908,398

About Western Hills



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Frequently Asked Questions

What neighborhood is 1048 Continentals Way located in?
The 1048 Continentals Way is a located in the neighborhood of Western Hills in Western Hills, Belmont.
What is the average sales price for listings in 1048 Continentals Way?
The average sales price for units in 1048 Continentals Way is $0 currently.

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