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423 Oxford Way

423 Oxford Way, Belmont, CA 94002
Property in Sterling Downs
Sold Jun 19, 2020
$1,500,000
$1,200,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
Local assessors in Belmont, CA have categorized 423 Oxford Way as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 5,886 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 540 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 423 Oxford Way has a total of 1,390 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 423 Oxford Way was last sold in Jun 4, 2020 for $1,500,000. According to our calculations, that's $1,079.14 per sqft. Current property owners are expected to pay $18,553 in taxes per year. The property on 423 Oxford Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,545,849. To break that down further, the land itself was valued at $1,133,623. While improvements to the property were assessed at a total of $412,226. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,886
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,390
  • Gross Building Area: 1,390
  • Building Area: 1,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STERLING DOWNS
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLOCK 21 STERLING DOWNS RSM 35/25 26 27 CITY OF BELMONT

Ownership

  • Current Owner : TROUNG RONALD
  • Current Owner 2: LAM IRENE
  • Previous Owner : BUCHANAN BART L
  • Previous Owner 2: BUCHANAN SUSAN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 608600

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 33-B3
  • Parcel: 040-303-250
  • Block: 21
  • Lot: 14
  • Latitude: 37.5255
  • Longitude: -122.274

    Address

  • Full Address: 423 Oxford Way
  • Address - House Number: 423
  • Address - Street Name: Oxford
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Belmont
  • Carrier Code: C011
  • 4-Digit Zip Code: 2751
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,553
  • Tax Rate Code Area: 03-019

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,769,363
  • High Value: 2,115,253
  • Low Value: 1,423,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,545,849
  • Assessed Land Value: $1,133,623
  • Assessed Improvements Value: $412,226

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11770920943
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-057718

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Sterling Downs



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Frequently Asked Questions

What neighborhood is 423 Oxford Way located in?
The 423 Oxford Way is a located in the neighborhood of Sterling Downs in Sterling Downs, Belmont.
What is the average sales price for listings in 423 Oxford Way?
The average sales price for units in 423 Oxford Way is $0 currently.

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