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1931 Bayview Avenue

1931 Bayview Avenue, Belmont, CA 94002
Property in Central
Sold Sep 03, 2020
$2,165,000
$1,495,400 by Bank Of America Na
Mortgage Due Aug 01, 2051
Sold Mar 06, 2020
$1,630,000
$240,000 by Nicholas Simon
Mortgage
1931 Bayview Avenue 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 1962 and is 62 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1931 Bayview Avenue has 2,410 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 800 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,000 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 460 sqft. According to our sources, there are a total of 2 available parking spaces. 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. 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, 1931 Bayview Avenue was last sold in Aug 26, 2020 for $2,165,000. According to our calculations, that's $754.36 per sqft. Prior to that sales transaction, the property was sold for $1,630,000 in Mar 3, 2020. Current property owners are expected to pay $25,686 in taxes per year. The property on 1931 Bayview Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,220,030. To break that down further, the land itself was valued at $1,122,000. While improvements to the property were assessed at a total of $1,098,030. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 460
  • Garage Type: Underground/basement
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,870
  • Gross Building Area: 2,870
  • Building Area: 2,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT CO CLUB PROP SUB NO 1
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLK 28 BELMONT CO CLUB PROP SUB NO 1 RSM 12/1 TO 11

Ownership

  • Current Owner : HU JIM
  • Current Owner 2: WUNG CHING HUA
  • Previous Owner : KENT TROY
  • Previous Owner 2: KENT LOLDENE
  • Owner Before Previous Owner: JORDAN JACQUELINE R
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 608700

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-F3
  • Parcel: 044-082-180
  • Block: 28
  • Lot: 7
  • Latitude: 37.524
  • Longitude: -122.299

    Address

  • Full Address: 1931 Bayview Ave
  • Address - House Number: 1931
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Belmont
  • Carrier Code: C004
  • 4-Digit Zip Code: 1616
  • Zip Code: 94002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,686
  • Tax Rate Code Area: 03-025

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,473,219
  • High Value: 2,991,658
  • Low Value: 1,954,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,495,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,495,400
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,220,030
  • Assessed Land Value: $1,122,000
  • Assessed Improvements Value: $1,098,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11791769001
  • Current Sale Price: $2,165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-090395
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $1,630,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $1,515,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NICHOLAS SIMON
  • Previous Mortgage Transaction Date: Mar 06, 2020
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central



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Frequently Asked Questions

What neighborhood is 1931 Bayview Avenue located in?
The 1931 Bayview Avenue is a located in the neighborhood of Central in Central, Belmont.
What is the average sales price for listings in 1931 Bayview Avenue?
The average sales price for units in 1931 Bayview Avenue is $0 currently.

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