Property Overview:
935 Old County Rd, Unit 34, is a condominium unit in Belmont, CA, built in 1992. It features 2 bedrooms, 2 bathrooms, and 1,054 sq. ft. of living space. The home includes an extra-large one-car garage with storage, a fireplace, and a cooling system. The estimated home value is $952,000 (last sold for $530,500 in 2017).
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 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:
- Spacious and clean with a well-designed floor plan.
- Good-sized bedrooms.
- Extra-large one-car garage with ample storage.
Location Benefits:
- Family-friendly community with a growing population.
- Convenient access to schools, jobs, and amenities.
- Safe neighborhood with low crime rates.
Buyer Requirements:
- Must meet income requirements (maximum income: $116,350/year for a household of 3).
- Submit:
- 2 years of signed tax returns.
- 3 months of current pay stubs for occupants aged 18+.
- Loan pre-approval letter.
- Proof of funds to close.
- For eligibility details, visit: CalHFA MCC Program.