NOT LISTED FOR SALE

1040 Continentals Way Unit 1 Belmont, CA 94002

Belmont Woods Neighborhood

Estimated Value: $1,748,000 - $2,254,952

4 Beds
3.5 Baths
2,811 Sq Ft
$610/mo HOA Fee

Last Sold April 03, 2018

Last sale price $1,700,000 $605 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $13,358/month

10 Days on Market

Highlights

  • 1.94 Acre Lot
  • Laundry in Utility Room
  • Dining Area
  • Ralston Intermediate School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

Enjoy the breathtaking views from the huge decks of this spacious 2811 sqft 4 bed, 3.5 bath end unit condo, well maintained by the original owner. Versatile floor plan with 2 master bedroom suits, kitchen with separate breakfast room and stunning living room with cathedral ceilings. New roof, siding, windows, decks and stairs were just completed as a part of extensive building renovation. Great location, close to hiking and biking trails, freeways, public transportation and excellent Belmont schools.

Last Agent to Sell the Property

Sophia Zakharevich

KW Bay Area Living License #01146638 Listed on: 02/26/2018

KW Bay Area Living

Last Buyer's Agent

Jenny Rowe

Compass License #01990690

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,963

Year Built

  • Built in 1990

Lot Details

  • 1.94

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,811 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Dining Area
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • Association fees include decks, insurance - common area, landscaping / gardening, maintenance - exterior, management fee, roof
  • 1040 Continentals HOA
  • Built by 1040 Continentals HOA

Listing and Financial Details

  • Assessor Parcel Number 109-870-010

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,963

Year Built

Built in 1990

Lot Details

0

HOA Fees

$610 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 2811
  • Complex Name: 1040 Continentals HOA
  • Year Built: 1990
  • Zoning Description: R40000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Living Sq Ft: 2811
  • Stories: 2
  • Laundry: In Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 610
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Decks, Insurance - Common Area, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Roof
  • H O A Name Text: 1040 Continentals HOA
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High
  • Elementary School: Fox Elementary
  • Middle School: Ralston Intermediate
  • Elementary School: 632
  • Middle School: 669

Lot Info

  • Parcel Number: 109-870-010
  • Lot Acres: 1.9391
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 84467.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 84467.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Fox Elementary
  • Middle School Text: Ralston Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Mar 21, 2018
Sold by
Farhangian Keyvan and Farhangian Mojgan
Bought by
Prakash Shiv and Shrawat Rashi
Seller's Agent
Sophia Zakharevich
KW Bay Area Living
Buyer's Agent
Jenny Rowe
Compass
List Price
$1,450,000
Sold Price
$1,700,000
Premium/Discount to List
$250,000
17.24%
Current Estimated Value
$2,003,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,988
Avg. Annual Appreciation
2.25%
Original Mortgage
$1,280,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prakash Shiv $1,700,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prakash Shiv $1,190,000
Closed Prakash Shiv $1,221,016
Closed Prakash Shiv $1,236,000
Closed Prakash Shiv $1,266,500
Closed Prakash Shiv $1,280,000
Closed Prakash Shiv $1,280,000
Previous Owner Farhangian Keyvan $333,000
Previous Owner Farhangian Keyvan $300,500
Previous Owner Farhangian Keyvan $327,000
Previous Owner Farhangian Keyvan $327,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $1,700,000 +17.2% $605 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $1,450,000 -- $516 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,963 $1,934,307 $580,292 $1,354,015
2023 $22,963 $1,859,197 $557,759 $1,301,438
2022 $21,685 $1,822,743 $546,823 $1,275,920
2021 $21,436 $1,787,003 $536,101 $1,250,902
2020 $21,275 $1,768,680 $530,604 $1,238,076
2019 $20,336 $1,734,000 $520,200 $1,213,800
2018 $8,776 $649,928 $129,975 $519,953
2017 $8,433 $637,185 $127,427 $509,758
2016 $8,204 $624,692 $124,929 $499,763
2015 $7,985 $615,310 $123,053 $492,257
2014 $7,664 $603,258 $120,643 $482,615
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sophia Zakharevich

    KW Bay Area Living

    Section Image

  • J

    Buyer's Agent in 2018

    Jenny Rowe

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81694016

MLSListings

APN: 109-870-010

California San Mateo County Belmont 94002 Belmont Woods

1040 Continentals Way Unit 1, Belmont, CA

This home is located at 1040 Continentals Way Unit 1, Belmont, CA 94002 since 26 February 2018 and is currently estimated at $2,003,988, approximately $712 per square foot. This property was built in 1990. 1040 Continentals Way Unit 1 is a home located in San Mateo County with nearby schools including Ralston Intermediate School, Carlmont High School, and Immaculate Heart of Mary School.

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