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406 Cornish Way

406 Cornish Way, Belmont, CA 94002
Property in Sterling Downs
Sold Apr 30, 2020
$1,450,000
$750,000 by Guaranteed Rate Affinity Llc
Mortgage Due May 01, 2050
406 Cornish Way in Belmont, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. 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 2 partial bathrooms. 406 Cornish Way has 1,289 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. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,500 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 407 sqft. There are a total of 2 available parking spaces. 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. 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, 406 Cornish Way was last sold in Mar 25, 2020 for $1,450,000. According to our calculations, that's $1,124.90 per sqft. Current property owners are expected to pay $18,942 in taxes per year. The property on 406 Cornish Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,628,321. 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 $494,698. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 407
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,289
  • Gross Building Area: 1,289
  • Building Area: 1,289
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,289
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING DOWNS
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLOCK 14 STERLING DOWNS RSM 35/25 26 27 CITY OF BELMONT

Ownership

  • Current Owner : KATZ MICHAEL C
  • Current Owner 2: CHAN SHARLEEN T
  • Previous Owner : JOHNSON DOLORES
  • Previous Owner 2: ROYAL WILLIS J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 33-B3
  • Parcel: 040-301-110
  • Block: 14
  • Lot: 3
  • Latitude: 37.5268
  • Longitude: -122.274

    Address

  • Full Address: 406 Cornish Way
  • Address - House Number: 406
  • Address - Street Name: Cornish
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Belmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 2716
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,942
  • Tax Rate Code Area: 03-019

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,738,293
  • High Value: 2,101,198
  • Low Value: 1,375,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: May 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,628,321
  • Assessed Land Value: $1,133,623
  • Assessed Improvements Value: $494,698

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11761216513
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-038986

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Sterling Downs



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Frequently Asked Questions

What neighborhood is 406 Cornish Way located in?
The 406 Cornish Way is a located in the neighborhood of Sterling Downs in Sterling Downs, Belmont.
What is the average sales price for listings in 406 Cornish Way?
The average sales price for units in 406 Cornish Way is $0 currently.

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