Property Overview:
4114 Marsten Ave is a single-family home in Belmont, CA, built in 1972. It features 3 bedrooms, 2 bathrooms, and 1,600 sq. ft. of living space. Additional features include a two-car garage, central heating system, and a backyard with an inground swimming pool. The estimated home value is $1,579,000. This is a probate sale, subject to court confirmation, with the first overbid amount set at $20,020,700.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.7% (lower than state average of 11.8%).
- Property crime risk: 4.4% (lower than state average of 10.8%).
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Schools:
Nearby schools include Fox Elementary, Gateway Center, and Ralston Intermediate.- Average SAT score: 1037 (higher than state average of 975).
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Job Market:
- 70.1% white-collar jobs, 29.9% blue-collar jobs.
- Unemployment rate: 2.3% (lower than state average of 4.7%).
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Demographics:
- Community population: 24,530 (16% growth since 2000).
- 63% families with children.
- Largest age group: 35-44 years (16.49%), followed by 45-54 years (15.97%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 72.6°F (July).
- Average rainfall: 20.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $92,661.
- Average annual spending: $65,934.
Property Features:
- Major fixer-upper with great potential for restoration.
- Main Floor: Includes a kitchen, dining room, and half bath.
- Next Level: Large family room with a fireplace and a deck offering canyon views.
- Top Floor: Features 3 bedrooms, 2 bathrooms, and additional views.
- Lower Floor: Second large family room (potential 4th bedroom) with sliding glass doors and a deck.
- Parking: Two side-by-side garage spaces.
- Backyard: Includes an inground swimming pool.
Location Benefits:
- Fantastic location with easy freeway access.
- Perfect opportunity for restoration in a desirable community.