NOT LISTED FOR SALE

700 Live Oak Way Unit 702 Belmont, CA 94002

Belmont Woods Neighborhood

Estimated Value: $1,420,000 - $1,545,000

2 Beds
2.5 Baths
1,581 Sq Ft
$386/mo HOA Fee

Last Sold April 03, 2018

Last sale price $1,465,000 $927 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,214/month

10 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • High Ceiling
  • Ralston Intermediate School Rated A
  • 4.69 Acre Lot
  • Stone Countertops

About This Home

As of April 2018

Beautifully sited remodeled end unit town-home in the sought-after Cambridge of Belmont Community! Grand Ceiling Height Throughout * Stunning Hardwood Flooring * Eat-In Kitchen * Open Living & Dining Rooms * Expansive Patio/Outside Family Room (276sf+/-) * Balcony * Two Bedrooms * Including Expansive Master Suite with Walk-In Closet * Two and One-Half Bathrooms * Laundry Room * Gas-Log Fireplace * Air Conditioning * Two-Car Garage (500sf+/-) * Only 12 Years Old (Built in 2005) * Immaculately Maintained & Remodeled by the Current Owners Complex and Area Amenities Pool * Play Structure * Beautiful Grounds * Mature Foliage & Trees * Views of the Western Hills * Award-Wining Private & Public Schools * Walking, Hiking and Jogging Paths at Nearby Parks: Belmont Reservoir Park, Hidden Canyon Park, Water Dog Lake Park * Easy Access to Interstate 280 and Highways 92 & 101 * 1581sf+/- * Monthly HOA Fee $386.00

Last Agent to Sell the Property

The Sharp Group

KW Advisors License #70010101 Listed on: 02/22/2018

KW Advisors

Last Buyer's Agent

Mandana Simai

Christie's International Real Estate Sereno License #01437800

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,944

Year Built

  • Built in 2005

Lot Details

  • 4.69

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,581 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Pool

  • In Ground Pool
  • Fence Around Pool
  • Spa

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 123-470-040

Community Details

Overview

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis
  • 52 Units
  • Cambridge Of Belmont Association
  • Built by Cambridge of Belmont
  • The community has rules related to parking rules

Amenities

  • Trash Chute

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,944

Year Built

Built in 2005

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Number Restrictions, Pets - Rules
  • Age: 13
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 52
  • Structure Sq Ft: 1581
  • Complex Name: Cambridge of Belmont
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Log
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1581
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Upper Floor, Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Stone, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - In Ground, Spa - Jetted
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

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 - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 386
  • HOA Amenities: Community Pool, Recreation Room, Trash Chute
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis
  • H O A Name Text: Cambridge of Belmont
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 123-470-040
  • 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
Feb 22, 2018
Closed on
Mar 7, 2018
Sold by
Cheng Brian M and Chan May Kaman
Bought by
Khayatzadeh Mahmood and Taslimi Azadeh
Seller's Agent
The Sharp Group
KW Advisors
Buyer's Agent
Mandana Simai
Christie's International Real Estate Sereno
List Price
$1,298,000
Sold Price
$1,465,000
Premium/Discount to List
$167,000
12.87%
Current Estimated Value
$1,491,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,397
Avg. Annual Appreciation
0.28%
Original Mortgage
$73,250
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2015
Sold by
Patapoff Thomas and Patapoff Ma
Bought by
Cheng Brian M and Chan May Kaman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2009
Sold by
Simpson Blake and Simpson James C
Bought by
Patapoff Thomas and Patapoff Ma

Purchase Details

Closed on
Jun 1, 2005
Sold by
Summerhill Cambridge Llc
Bought by
Simpson Blake and Simpson James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,455
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Khayatzadeh Mahmood $1,465,000 Chicago Title Co
Cheng Brian M $931,500 Old Republic Title Company
Patapoff Thomas $675,000 First American Title Company
Simpson Blake $814,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khayatzadeh Mahmood $1,184,000
Closed Kharatzadeh Mahmood $73,250
Closed Khayatzadeh Mahmood $1,172,000
Previous Owner Cheng Brian M $625,500
Previous Owner Simpson Blake $651,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $1,465,000 +12.9% $927 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $1,298,000 -- $821 / 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 $19,944 $1,666,914 $833,457 $833,457
2023 $19,944 $1,602,188 $801,094 $801,094
2022 $19,080 $1,570,774 $785,387 $785,387
2021 $18,546 $1,539,976 $769,988 $769,988
2020 $18,294 $1,524,186 $762,093 $762,093
2019 $17,879 $1,494,300 $747,150 $747,150
2018 $12,109 $968,871 $290,661 $678,210
2017 $11,882 $949,874 $284,962 $664,912
2016 $11,596 $931,250 $279,375 $651,875
2015 $9,052 $724,966 $217,489 $507,477
2014 $8,701 $710,766 $213,229 $497,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81693528

MLSListings

APN: 123-470-040