Property Overview:
500 Live Oak Way, Apt 501, is a 2-bedroom, 2.5-bath contemporary townhome in Belmont, CA, built in 2005. It offers 1,409 sq. ft. of living space, a 2-car garage with epoxy flooring, and modern amenities like central heating and A/C. The estimated home value is $1,327,000.
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:
Located in the Belmont-Redwood Shores School District, known for top-rated schools. Nearby schools include Cipriani Elementary, Ralston Intermediate, and Carlmont High.- 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 groups: 35-44 years (16.49%) and 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:
- Bright and open layout with large windows and laminate floors.
- Living Room: Gas fireplace, TV nook, and surround sound speakers.
- Kitchen: Updated with granite counters, stainless steel appliances, and glass tile backsplash.
- Primary Bedroom: Built-in speakers, closets with organizers, and an en-suite bathroom featuring double sinks, quartz counters, and a glass shower enclosure.
- Additional Features:
- In-unit laundry room.
- Charming half bath on the main floor.
- Two private balconies for outdoor relaxation.
- Electric vehicle charging station in the garage.
Community Amenities:
- Pool and hot tub.
- Children’s playground.
- Guest parking.
Location Benefits:
- Nature access: Close to Water Dog Lake hiking trails.
- Convenient commute: Easy access to HWY 101, 280, and 92.
- Shopping and dining: Near Carlmont Shopping Center.
- Top-rated schools: Located in the highly sought-after Belmont School District.