Property Overview:
547 Cambridge St is a single-family home located in the Sterling Downs subdivision of Belmont, CA, built in 1953. It features 3 bedrooms, 1 bathroom, and 1,420 sq. ft. of living space. The property includes a two-car attached garage and a family room leading to a back and side yard with two storage sheds. The home is a fixer-upper in need of TLC and is being sold on an as-is basis. The estimated home value is $1,303,000.
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:
Nearby schools include Nesbit Elementary, San Mateo County Special Education, San Mateo County Regional Occupational Program, and Tierra Linda Middle.- 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:
- Single-story layout with 3 bedrooms and 1 bathroom.
- Family room with access to the backyard and side yard.
- Two storage sheds in the yard.
- Attached two-car garage with side-by-side parking.
- Heating: Gas wall furnace.
- Roof: Shingle and tar/gravel.
- Foundation: Slab.
- Cooling: None.
Location Benefits:
- Located in the Sterling Downs subdivision, a family-friendly neighborhood.
- Close to schools, parks, and local amenities.
- Convenient access to public transportation and major highways.
- Ideal for buyers looking for a fixer-upper with potential for customization.