NOT LISTED FOR SALE

Estimated Value: $554,025 - $610,000

1 Bed
1 Bath
725 Sq Ft
$478/mo HOA Fee

Last Sold August 19, 2022

Last sale price $540,000 $745 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,216/month

24 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Clubhouse
  • Ralston Intermediate School Rated A
  • Private Pool
  • 3-minute walk to Davey Glen Park

About This Home

As of August 2022

Best priced condo in Belmont! Resort-like living at its best! Located in "The Belmont" this 1 bedroom 1 bath has it all. Bright and open floor plan. Huge balcony. Spacious Bedroom. Laminate floors. New Paint. 1 parking space. Extra storage in garage. Laundry room on the same floor. Amenities include swimming pools and spas, rooftop sky-room with kitchen, billiard room, gym and courtyards. HOA covers heating, water, garbage and common area maintenance. Walking distance to Davey Glen Park, Caltrain station and easy access to HWY 101, shopping and dining. A Must See!

Last Agent to Sell the Property

Abe Matar

Landmark Real Estate Services License #01417693 Listed on: 06/27/2022

Last Buyer's Agent

dao trieu

Intero Real Estate Services License #01115692

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,765

Year Built

  • 1965

Lot Details

  • 4.16

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Microwave
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Baseboard Heating
  • 220 Volts

Additional Features

  • Private Pool
  • Unit is on the top floor

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, heating, hot water, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water
  • 229 Units
  • Lilac Management Group, Inc. Association

Amenities

  • Sauna
  • Billiard Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,765

Year Built

1965

Lot Details

0

HOA Fees

$478 per month

Parking

1

Listing Details

  • Zoning: RMR4PD
  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Restrictions, Pets - Rules
  • Age: 57
  • Listing Class: Residential
  • Maximum Unit Floor Number: 6
  • Max Numberof Unitsin Building: 229
  • Min Numberof Unitsin Complex: 229
  • Structure Sq Ft: 725
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1965

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 725
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Laundry: Coin Operated, Community Facility
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Pool: Community Facility, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Common Parking Area, Electric Gate, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • Complex Name: The Belmont HOA
  • HOA Fees: 478
  • HOA Amenities: Additional Storage, Billiard Room, Club House, Community Pool, Elevator, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • HOA Documents: Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Heating, Hot Water, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Lilac Management Group, Inc.

Schools

  • School District: Sequoia Union High

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 9
  • Minimum Building Height: 9
  • Unit Features: Other Unit Above, Other Unit Below

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Lu Michelle
Bought by
Michelle Lu Revocable Trust and Lu
Current Estimated Value
$564,438

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 2, 2022
Sold by
City Of Belmont
Bought by
Lu Michelle
Seller's Agent
Abe Matar
Landmark Real Estate Services
Buyer's Agent
dao trieu
Intero Real Estate Services
List Price
$555,000
Sold Price
$540,000
Premium/Discount to List
-$15,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$378,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 11, 2011
Sold by
Belmont Redevelopment Agency
Bought by
City Of Belmont

Purchase Details

Closed on
Jan 12, 2009
Sold by
Us Bank National Association
Bought by
Belmont Redevelopment Agency

Purchase Details

Closed on
Apr 21, 2008
Sold by
Puno Ruben
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 9, 2004
Sold by
Yoo Dirk
Bought by
Puno Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,920
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Wakefield Delaram
Bought by
Yoo Dirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,050
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2001
Sold by
Piazza Anthony T and Piazza Patricia M
Bought by
Piazza Anthony T and Piazza Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 1997
Sold by
Jonas Sousa and Jonas J
Bought by
Wakefield Delaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
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
Michelle Lu Revocable Trust -- None Listed On Document
Lu Michelle $540,000 Fidelity National Title
City Of Belmont -- None Available
Belmont Redevelopment Agency $295,000 First American Title Company
Us Bank Na $335,700 Landsafe Title
Puno Ruben $345,000 First American Title Company
Yoo Dirk $249,000 Fidelity National Title Co
Piazza Anthony T -- --
Wakefield Delaram $135,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Michelle $378,000
Previous Owner Puno Ruben $340,000
Previous Owner Puno Ruben $63,750
Previous Owner Laumond James P $1,490,953
Previous Owner Puno Ruben $275,920
Previous Owner Yoo Dirk $200,000
Previous Owner Yoo Dirk C $50,000
Previous Owner Yoo Dirk $199,050
Previous Owner Wakefield Delaram $140,000
Previous Owner Wakefield Delaram $15,000
Previous Owner Wakefield Delaram $114,750
Closed Yoo Dirk $37,500
Closed Puno Ruben $68,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $540,000 -2.7% $745 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $555,000 -- $766 / 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 $7,765 $561,815 $168,544 $393,271
2023 $7,765 $515,000 $154,500 $360,500
2022 $1,122 $0 $0 $0
2021 $1,104 $0 $0 $0
2020 $1,164 $0 $0 $0
2019 $1,190 $0 $0 $0
2018 $1,124 $0 $0 $0
2017 $1,016 $0 $0 $0
2016 $950 $0 $0 $0
2015 $948 $0 $0 $0
2014 $894 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81898077

MLSListings

APN: 106-270-060