NOT LISTED FOR SALE

348 Treasure Island Dr Belmont, CA 94002

Homeview Neighborhood

Estimated Value: $1,561,000 - $1,705,083

3 Beds
3.5 Baths
1,880 Sq Ft
$874/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,485,000 $790 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,305/month

41 Days on Market

Highlights

  • Deck
  • High Ceiling
  • Balcony
  • Ralston Intermediate School Rated A
  • Granite Countertops
  • Open to Family Room

About This Home

As of October 2022

With the perfect mid peninsula location right between San Francisco and the Silicon Valley in a stellar school district rated in the 9 and 10s sits this 3 bedroom, 3.5 bathroom townhouse. 2 minutes to the Bay trail, with walking and bike paths near the peaceful bay offering serenity and an active lifestyle. Easy access to 101 and close proximity to Oracle, EA, Google and all biotech giants. All bedrooms have full bathrooms en-suite! The bedroom on the 1st floor can double as a guest room or an office space. The second level has the living room with a cozy gas fireplace, open layout dining room with kitchen, fresh white cabinets, granite countertops and a half bath. The master bedroom has soaring 10 foot ceilings, an en-suite master bath and plenty of well designed closet space. An abundance of natural light fills the room. The third bedroom, perfect for kids, is very similar to the master. Has plenty of storage.Make treasured memories in this wonderful home for years to come!

Last Agent to Sell the Property

Mariana Pappalardo

Compass License #01970137 Listed on: 08/18/2022

Compass

Last Buyer's Agent

Emma Martino

Compass License #02156337

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,618

Year Built

  • 1990

Lot Details

  • 1,285 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, pool spa or tennis
  • Farallon Association
  • The community has rules related to credit or board approval

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,618

Year Built

1990

Lot Details

0

Parking

1

Listing Details

  • Zoning: PD0000
  • Subclass: Townhouse
  • Restrictions: Board / Park Approval
  • Age: 32
  • Listing Class: Residential
  • Structure Sq Ft: 1880
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1990

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area In Family Room
  • Kitchen: Countertop - Granite, Garbage Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1880
  • Laundry: Dryer, In Utility Room, Upper Floor, Washer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 534
  • Association Fees Include: Common Area Electricity, Common Area Gas, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Farallon

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.0295
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1286.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1286.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 12, 2022
Sold by
Arun Uthra Family Trust
Bought by
Jin Yuansheng and Lu Manman
Seller's Agent
Mariana Pappalardo
Compass
Buyer's Agent
Emma Martino
Compass
List Price
$1,598,000
Sold Price
$1,485,000
Premium/Discount to List
-$113,000
-7.07%
Views
17
Current Estimated Value
$1,642,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,771
Avg. Annual Appreciation
3.94%
Original Mortgage
$1,188,000
Outstanding Balance
$1,135,420
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$523,618

Purchase Details

Closed on
Dec 19, 2018
Sold by
Sambandam Arun Thirugnan and Krishanan Uthra Gopala
Bought by
Sambandam Arun Thiruhgnana and Krishanan Uthra Gopala

Purchase Details

Closed on
Apr 3, 2015
Sold by
Sundstrom Stephen J
Bought by
Thirugnanasambandam Arun and Gopalakrishnan Uthra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2011
Sold by
Sundstrom Stephen J
Bought by
Sundstrom Stephen J

Purchase Details

Closed on
Jan 22, 2009
Sold by
Sundstrom Stephen J
Bought by
Sundstrom Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Sundstrom Laura M
Bought by
Sundstrom Stephen J

Purchase Details

Closed on
Jul 29, 2004
Sold by
Sundstrom Stephen
Bought by
Sundstrom Stephen and Sundstrom Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2000
Sold by
Dianne Vanvactor
Bought by
Sundstrom Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
7.87%
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
Jin Yuansheng $1,485,000 Lawyers Title
Sambandam Arun Thiruhgnana -- None Available
Thirugnanasambandam Arun $1,100,000 Ghicago Title Company
Sundstrom Stephen J -- None Available
Sundstrom Stephen J -- Chicago Title Company
Sundstrom Stephen J -- --
Sundstrom Stephen -- Old Republic Title
Sundstrom Stephen $495,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Yuansheng $1,188,000
Previous Owner Thiruganasambandam Arun $751,790
Previous Owner Thirugnanasambandam Arun $805,000
Previous Owner Thirugnanasambandam Arun $825,000
Previous Owner Sundstrom Stephen J $400,000
Previous Owner Sundstrom Stephen J $159,000
Previous Owner Sundstrom Stephen J $347,000
Previous Owner Sundstrom Stephen $375,000
Previous Owner Sundstrom Stephen $390,000
Previous Owner Sundstrom Stephen $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,485,000 -2.6% $790 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $1,525,000 -4.6% $811 / Sq Ft
08/18/2022 08/18/22 For Sale $1,598,000 +45.3% $850 / Sq Ft
06/12/2015 06/12/15 Sold $1,100,000 +10.1% $585 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/15/2015 05/15/15 Price Changed $999,000 -8.3% $531 / Sq Ft
05/01/2015 05/01/15 For Sale $1,090,000 -- $580 / 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 $18,618 $1,544,994 $772,497 $772,497
2023 $18,618 $1,485,000 $742,500 $742,500
2022 $15,728 $1,245,776 $373,732 $872,044
2021 $15,261 $1,221,350 $366,404 $854,946
2020 $15,179 $1,208,827 $362,647 $846,180
2019 $14,784 $1,185,126 $355,537 $829,589
2018 $14,535 $1,161,889 $348,566 $813,323
2017 $14,300 $1,139,108 $341,732 $797,376
2016 $13,767 $1,116,774 $335,032 $781,742
2015 $8,408 $633,024 $316,512 $316,512
2014 $8,074 $620,624 $310,312 $310,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81904350

MLSListings

APN: 040-482-590