NOT LISTED FOR SALE

500 Live Oak Way Unit 501 Belmont, CA 94002

Belmont Woods Neighborhood

Estimated Value: $1,332,000 - $1,461,000

2 Beds
2.5 Baths
1,409 Sq Ft
$989/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,390,000 $987 Per Sq Ft

Current estimated payment $9,484/month

55 Days on Market

Highlights

  • Private Pool
  • 4.69 Acre Lot
  • 2 Car Attached Garage
  • Ralston Intermediate School Rated A
  • Granite Countertops
  • Entertainment System

About This Home

As of July 2024

Welcome to this chic and modern townhouse nestled in the canyons of Belmont! This fabulous complex is only 19 years young, and the homes still look timeless. The gleaming chef's kitchen boasts granite counters, dazzling tile backsplash, and stainless steel appliances including a gas cooktop. The luxurious living area is ideal for entertaining with a cozy fireplace and it's already pre-wired with built-in speakers. You'll keep cozy with central heat and A/C. This home is in an absolutely ideal location, close to Carlmont Shopping Center, Waterdog Lake for hiking, and conveniently close to your commute routes. And let' not forget the highly sought after Belmont School District! Homes in the Cambridge complex rarely come up for sale, and this one is an absolute 10. Don't miss the opportunity to make it yours!

Last Agent to Sell the Property

Chuck Gillooley

Ektra Real Estate License #01750684 Listed on: 04/19/2024

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,187

Year Built

  • Built in 2005

Lot Details

  • 4.69

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Built-In Oven
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 123-440-070

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, insurance - hazard, insurance - liability, maintenance - common area, maintenance - exterior, pool spa or tennis, roof
  • Cambridge Of Belmont Association
  • Built by Cambridge of Belmont HOA

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,187

Year Built

Built in 2005

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 19
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 52
  • Structure Sq Ft: 1409
  • Complex Name: Cambridge of Belmont HOA
  • Incorporated: Yes
  • Year Built: 2005
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Garbage Disposal, Microwave, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1409
  • Stories: 2
  • Laundry: Washer / Dryer, In Utility Room
  • Flooring: Laminate, Tile, Carpet
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 435
  • HOA Amenities: Playground, Community Pool
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Cambridge of Belmont
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 123-440-070
  • Lot Acres: 4.6877
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 204198.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 204198.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 3, 2024
Sold by
Arya And Agarwal Living Trust and Arya Prashant
Bought by
Jung Raejoon
Seller's Agent
Chuck Gillooley
Ektra Real Estate
Buyer's Agent
David Kim
Compass
List Price
$1,488,000
Sold Price
$1,390,000
Premium/Discount to List
-$98,000
-6.59%
Views
40
Current Estimated Value
$1,393,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,171
Avg. Annual Appreciation
0.20%
Original Mortgage
$1,112,000
Outstanding Balance
$1,098,970
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$294,201

Purchase Details

Closed on
Jun 18, 2021
Sold by
Arya Prashant and Agarwal Mansi
Bought by
Arya Prashant and Agarwal Mansi

Purchase Details

Closed on
Feb 15, 2018
Sold by
Guo Chengyu and Niu Xiaoling
Bought by
Arya Prashant and Agarwal Mansi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2013
Sold by
Stowell Lisa M
Bought by
Guo Chengyu and Niu Xiaoling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2004
Sold by
Summerhill Cambridge Llc
Bought by
Stowell Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,427
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Stowell Dennis M
Bought by
Stowell Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,427
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jung Raejoon $1,390,000 Lawyers Title
Arya Prashant -- None Available
Arya Prashant $1,340,000 Chicago Titleco
Guo Chengyu $810,000 Fidelity National Title Co
Stowell Lisa M $659,500 First American Title Company
Stowell Lisa M -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Raejoon $1,112,000
Previous Owner Arya And Agarwal Living Trust $250,000
Previous Owner Arya Prashant $755,900
Previous Owner Arya Prashant $928,000
Previous Owner Arya Prashant $1,000,000
Previous Owner Guo Chengyu $567,000
Previous Owner Stowell Lisa M $527,427
Previous Owner Stowell Lisa M $527,427
Closed Stowell Lisa M $65,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,390,000 -0.2% $987 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $1,393,100 -6.4% $989 / Sq Ft
04/19/2024 04/19/24 For Sale $1,488,000 -- $1,056 / 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 $18,187 $1,390,000 $695,000 $695,000
2023 $18,187 $1,465,482 $439,643 $1,025,839
2022 $17,167 $1,436,748 $431,023 $1,005,725
2021 $16,891 $1,408,577 $422,572 $986,005
2020 $16,697 $1,394,135 $418,240 $975,895
2019 $16,494 $1,366,800 $410,040 $956,760
2018 $10,999 $872,665 $261,799 $610,866
2017 $10,695 $855,555 $256,666 $598,889
2016 $10,440 $838,781 $251,634 $587,147
2015 $10,405 $826,183 $247,855 $578,328
2014 $9,987 $810,000 $243,000 $567,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81962046

MLSListings

APN: 123-440-070