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490 El Camino Real

490 El Camino Real, Belmont, CA 94002
Property in Central
Sold Sep 04, 2019
$1,295,000
Buyer
$560,000 by San Mateo Cu
Mortgage Due Oct 01, 2049
This has been categorized as a residential property type. In total, the area measurement of the land is 72,136 square feet.

Learn more about the property and building on this page. The property was last sold in Aug 29, 2019 for $1,295,000. 490 El Camino Real was last assessed in 2019. The total value of the property was assessed at $38,186,727. Specifically, the land the property is located on was valued at $7,586,727. While improvements on the property were assessed at a total of $30,600,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $479,962. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 42
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 72,136
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 400 EL CAMINO REAL
  • Land Acres: 1.656
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: 1.694 AC MOL LOT 1 RSM 142/16-17

Ownership

  • Current Owner : TLMS LP
  • Previous Owner : HUMOR 1031 LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • Census Tract: 608700

Geography

  • Parcel: 044-162-200
  • Latitude: 37.5261
  • Longitude: -122.283

    Address

  • Full Address: 490 El Camino Real
  • Address - House Number: 490
  • Address - Street Name: El Camino Real
  • State: CA
  • City Name: Belmont
  • Carrier Code: C013
  • 4-Digit Zip Code: 2137
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $479,962
  • Tax Rate Code Area: 3-020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: SAN MATEO CU
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Oct 01, 2049

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $38,186,727
  • Assessed Land Value: $7,586,727
  • Assessed Improvements Value: $30,600,000

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Transaction ID: 11646054578
  • Current Sale Price: $1,295,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-071814

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Frequently Asked Questions

What neighborhood is 490 El Camino Real located in?
The 490 El Camino Real is a located in the neighborhood of Central in Central, Belmont.
What is the average sales price for listings in 490 El Camino Real?
The average sales price for units in 490 El Camino Real is $0 currently.

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