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1120 Chula Vista Drive

1120 Chula Vista Drive, Belmont, CA 94002
Property in McDougal
Sold Sep 11, 2020
$2,650,000
$1,800,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Sold Mar 10, 2017
$2,020,000
$1,000,000 by Mufg Union Bank Na
Mortgage Due Apr 01, 2047
1120 Chula Vista Drive in Belmont, CA was first built in 1978 and is 46 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 contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1120 Chula Vista Drive has 2,240 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 23,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The garage is 590 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of shingles that aren't wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1120 Chula Vista Drive was last sold in Sep 4, 2020 for $2,650,000. According to our calculations, that's $936.40 per sqft. Prior to that sales transaction, the property was sold for $2,020,000 in Mar 7, 2017. Current property owners are expected to pay $31,156 in taxes per year. The property on 1120 Chula Vista Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,719,000. To break that down further, the land itself was valued at $1,734,000. While improvements to the property were assessed at a total of $985,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Single (not wood)
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 590
  • Garage Type: Underground/basement
  • Garage Square Area: 590
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 23,000
  • Total Building Area: 2,830
  • Gross Building Area: 2,830
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENINSULA FOOTHILLS SUBDIVISION #3
  • Land Acres: 0.528
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL B 0.518 AC MOL PARCEL MAP VOL 40/5

Ownership

  • Current Owner : PRICE ERIC JUSTIN
  • Current Owner 2: PRICE CARLY RACHEL
  • Previous Owner : YUAN YE
  • Previous Owner 2: DONG FANMING
  • Owner Before Previous Owner: KATZ ELLIOT M
  • Owner Before Previous Owner 2: NISHIKAWA TERI M
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609000

Zoning

  • Zoning: R1000A

Geography

  • Assessors Map Reference: 33-A4
  • Parcel: 045-103-140
  • Lot: 57
  • Latitude: 37.5146
  • Longitude: -122.282

    Address

  • Full Address: 1120 Chula Vista Dr
  • Address - House Number: 1120
  • Address - Street Name: Chula Vista
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Belmont
  • Carrier Code: C008
  • 4-Digit Zip Code: 3610
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,156
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,610,728
  • High Value: 3,189,434
  • Low Value: 2,032,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,719,000
  • Assessed Land Value: $1,734,000
  • Assessed Improvements Value: $985,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11791709685
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-094291
  • Previous Sale Recording Date: Mar 10, 2017
  • Previous Sale Contract Date: Mar 07, 2017
  • Previous Sale Amount: $2,020,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Mar 10, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About McDougal



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Frequently Asked Questions

What neighborhood is 1120 Chula Vista Drive located in?
The 1120 Chula Vista Drive is a located in the neighborhood of McDougal in McDougal, Belmont.
What is the average sales price for listings in 1120 Chula Vista Drive?
The average sales price for units in 1120 Chula Vista Drive is $0 currently.

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