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40 Arroyo View Circle

40 Arroyo View Circle, Belmont, CA 94002
Property in Western Hills
Sold Jul 22, 2020
$1,540,000
$1,001,999 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2050
Sold Jul 31, 2015
$1,188,000
$850,000 by Bank Of America Na
Mortgage Due Aug 01, 2045
40 Arroyo View Circle has been categorized by the local assessors in Belmont, CA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 40 Arroyo View Circle has 1,420 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,283 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40 Arroyo View Circle sold most recently in Jul 15, 2020 for a total of $1,540,000. If you work out the math, that's approximately a cost of $927.71 per sqft. Before that, the property was also sold for $1,188,000 in Jul 15, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,708 in taxes each year. 40 Arroyo View Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,570,800. If we break it down further, the land itself was valued at $785,400. Improvements to the property, however, were assessed at a total of $785,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 240
  • Garage Type: Underground/basement
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,283
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYVIEW AT BELMONT
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 40 BAYVIEW AT BELMONT RSM 126/62-71

Ownership

  • Current Owner : FU WENXIAN
  • Current Owner 2: ZHANG BOYAN
  • Previous Owner : KUO JAMIE H
  • Previous Owner 2: LEONG JASON
  • Owner Before Previous Owner: SFARZO CONSTANCE JEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD0000

Geography

  • Parcel: 043-410-400
  • Lot: 40
  • Latitude: 37.5109
  • Longitude: -122.306

    Address

  • Full Address: 40 Arroyo View Cir
  • Address - House Number: 40
  • Address - Street Name: Arroyo View
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Belmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3184
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,708
  • Tax Rate Code Area: 03-012

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,275,594
  • High Value: 2,755,365
  • Low Value: 1,795,824

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,231,999
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Loan Amount: $1,001,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050
  • Second Open Lien Mortgage Lender: SIRVA MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Jul 22, 2020
  • Second Open Lien Mortgage Loan Amount: $230,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 22, 2025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,570,800
  • Assessed Land Value: $785,400
  • Assessed Improvements Value: $785,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Transaction ID: 11785003593
  • Current Sale Price: $1,540,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-070748
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Amount: $1,188,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 22, 2020
  • First Mortgage Loan Amount: $1,001,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 31, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 40 Arroyo View Circle located in?
The 40 Arroyo View Circle is a located in the neighborhood of Western Hills in Western Hills, Belmont.
What is the average sales price for listings in 40 Arroyo View Circle?
The average sales price for units in 40 Arroyo View Circle is $0 currently.

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