NOT LISTED FOR SALE

308 Treasure Island Dr Belmont, CA 94002

Homeview Neighborhood

Estimated Value: $1,742,000 - $2,273,564

4 Beds
4 Baths
2,270 Sq Ft
$903/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $1,570,000 $692 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $13,443/month

48 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Ralston Intermediate School Rated A
  • Contemporary Architecture
  • Stone Countertops

About This Home

As of April 2019

Resort Community. Executive style contemporary town home in absolutely amazing location of Belmont-Redwood Shores area. This beauty features 4 bedrooms, 4 bathrooms with 1 bedroom and 1 full bath on fist floor. 2270 sf of living space. End unit with best view of the greenbelt bike path. Move-in condition with upgraded appliances. Bright and freshly painted. Brand new carpet through out the house. New modern decorative light fixtures. Step out on to biking and hiking trails. Walking distance to the beautiful Port Royal park with soccer fields, track and playground. EZ access to Highway 101. Easy walk to Oracle. Great schools.

Last Agent to Sell the Property

Sarah Chen

Legacy Real Estate & Assoc. License #01337569 Listed on: 01/29/2019

Last Buyer's Agent

Lingxiang Ma

Compass License #02078477

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,933

Year Built

  • Built in 1990

Lot Details

  • 2,409

HOA Fees

  • $527 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,270 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • 2,409 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 040-482-410

Community Details

Overview

  • Association fees include insurance - hazard, maintenance - common area, maintenance - exterior, management fee, reserves
  • Fallon Island Park Association
  • Built by Fallon Island Park
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,933

Year Built

Built in 1990

Lot Details

0

HOA Fees

$527 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 29
  • Listing Class: Residential
  • Structure Sq Ft: 2270
  • Complex Name: Fallon Island Park
  • Year Built: 1990
  • Zoning Description: PD0000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher
  • Living Sq Ft: 2270
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 527
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • HOA Documents: Budget, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Hazard, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves
  • H O A Name Text: Fallon Island Park
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High
  • Middle School: Ralston Intermediate
  • Middle School: 669

Lot Info

  • Parcel Number: 040-482-410
  • Lot Acres: 0.0553
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2409.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2409.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Middle School Text: Ralston Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Apr 5, 2019
Sold by
Craft Julie
Bought by
Lan Weijie and Cai Ting
Seller's Agent
Sarah Chen
Legacy Real Estate & Assoc.
Buyer's Agent
Lingxiang Ma
Compass
List Price
$1,640,000
Sold Price
$1,570,000
Premium/Discount to List
-$70,000
-4.27%
Current Estimated Value
$2,050,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,391
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,256,000
Outstanding Balance
$1,108,740
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$947,404

Purchase Details

Closed on
Jul 29, 2009
Sold by
Obrien Sean M and Obrien Julie L
Bought by
Craft Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2004
Sold by
Poon David and Poon Beni E
Bought by
Obrien Sean M and Obrien Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1996
Sold by
Ng Poon Carol
Bought by
Poon David
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
Lan Weijie $1,570,000 Chicago Title Company
Craft Julie $755,000 Fidelity National Title Co
Obrien Sean M $720,000 First American Title Co
Poon David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lan Weijie $1,256,000
Previous Owner Craft Julie $631,500
Previous Owner Craft Julie $631,000
Previous Owner Craft Julie $641,000
Previous Owner Craft Julie $681,195
Previous Owner Craft Julie $679,500
Previous Owner Obrien Sean M $145,000
Previous Owner Obrien Sean M $576,000
Previous Owner Poon David $233,000
Previous Owner Poon David $234,000
Closed Obrien Sean M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $1,570,000 -4.3% $692 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $1,640,000 -- $722 / 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 $20,933 $1,751,360 $875,680 $875,680
2023 $20,933 $1,683,354 $841,677 $841,677
2022 $19,850 $1,650,348 $825,174 $825,174
2021 $19,517 $1,617,990 $808,995 $808,995
2020 $19,022 $1,601,400 $800,700 $800,700
2019 $11,066 $873,642 $436,821 $436,821
2018 $10,936 $856,512 $428,256 $428,256
2017 $10,644 $839,718 $419,859 $419,859
2016 $10,261 $823,254 $411,627 $411,627
2015 $10,213 $810,888 $405,444 $405,444
2014 $9,813 $795,004 $397,502 $397,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81742704

MLSListings

APN: 040-482-410