Archive for December, 2009

Santa Clara Home in Lawrence Meadows

Saturday, December 12th, 2009

3581 Earl Drive, Santa Clara

This Lawrence Meadows home was situated on a quiet street and was meticulously maintained by its owner for many years. Although the decor was outdated the home was clean and functional. Featuring dual pane windows, a 10 year old roof, and automatic garage door the home was in move in condition. I recommended that the owner do some quick updates but she had lived in the home for 40 years and didn’t want to go through the hassle.

After a few weeks we did get an offer and were able to negotiate a fair price of $600K and were able to close.

3581 Earl Drive, Santa Clara
Bedrooms: 3
Bathrooms: 2
Garage: 2 Car
Sqft.: 1,240
Lot: 6,500
Sold: $600,000

Santa Clara Home Sales November 2009

Friday, December 4th, 2009

Home sales for the month of November. As expected the holiday season has arrived and the number of home sales are winding down. A good sign is that inventory is also winding down and buyers are trying to take advantage of low rates. This has resulted in a number of multiple offer situations and a number of homes selling close to or over asking.  As long as inventory maintains reasonable levels we can expect a good 2010.

List Price Street Address DOM Sale Price Close Date
1
$535,000
988 SUNSET DR 10 $527,000 11/25/2009
2
$437,500
1563 EISENHOWER DR 4 $480,000 11/17/2009
3
$1,170,000
1044 GARRITY WAY 11 $1,140,000 11/24/2009
4
$639,000
1406 BARBARA DR 13 $611,000 11/18/2009
5
$875,000
3252 LOMA ALTA DR 11 $900,000 11/20/2009
6
$509,000
2631 MONTICELLO WAY 19 $522,950 11/18/2009
7
$520,000
2646 DONOVAN AVE 15 $575,000 11/18/2009
8
$749,000
782 CORNELL DR 13 $725,000 11/17/2009
9
$400,000
761 CLYDE AVE 8 $500,000 11/12/2009
10
$349,950
2474 CRYSTAL DR 7 $390,000 11/23/2009
11
$799,888
2997 TAPER AVE 9 $812,000 11/16/2009
12
$849,000
380 HILLSDALE AVE 8 $868,000 11/6/2009
13
$780,000
2017 GAMMELL BROWN PL 10 $770,000 11/3/2009
14
Price reduced from $775,000 (-$80,000) $695,000
2291 DOLORES AVE 22 $706,000 11/16/2009
15
$669,000
2180 AGNEW RD 14 $655,000 11/10/2009
16
$525,000
2132 SAN RAFAEL AVE 9 $514,000 11/9/2009
17
$699,000
759 BAYLOR DR 16 $699,000 11/5/2009
18
Price reduced from $625,000 (-$26,000) $599,000
263 MARIA ST 38 $562,500 11/19/2009
19
$625,000
1743 WADE AVE 4 $630,000 10/30/2009
20
$759,950
4130 TOBIN CIR 13 $767,000 11/9/2009
21
$449,000
938 LEITH AVE 8 $490,000 10/30/2009
22
Price reduced from $799,500 (-$50,000) $749,500
3042 RYAN AVE 52 $745,000 11/25/2009
23
$549,950
930 ELIZABETH DR 22 $570,000 11/6/2009
24
$695,000
1754 SANTA CLARA ST 27 $674,000 11/23/2009
25
$499,000
639 ARMANINI AVE 15 $489,000 10/30/2009
26
$530,000
3672 BETH CT 9 $565,000 11/3/2009
27
$988,000
1187 DOYLE CIR 10 $965,000 11/13/2009
28
Price reduced from $875,000 (-$35,500) $839,500
2871 PRUNERIDGE AVE 58 $821,000 11/10/2009
29
$525,000
2211 SAN RAFAEL AVE 31 $520,000 11/10/2009
30
Price increased from $639,000 (+$160,000) $799,000
3479 MAURICIA AVE 28 $720,000 10/30/2009
31
$578,000
220 WESTRIDGE DR 5 $600,000 10/6/2009
32
Price reduced from $625,000 (-$15,000) $610,000
3581 EARL DR 62 $600,000 11/25/2009
33
Price reduced from $549,999 (-$50,000) $499,999
1237 SCOTT BL 95 $465,000 11/25/2009
34
$529,000
648 ROBIN DR 58 $510,000 10/13/2009
35
Price reduced from $819,000 (-$20,000) $799,000
721 RIDGE RD 97 $791,000 11/13/2009
36
$368,000
2444 CRYSTAL DR 20 $392,000 10/30/2009
37
$549,000
785 PINEVIEW DR 141 $549,000 10/29/2009
38
Price increased from $619,000 (+$10,000) $629,000
3036 TAPER AVE 90 $580,000 11/10/2009
39
$499,000
2695 PHILLIPS AVE 10 $425,200 11/20/2009

Take a quick look at current home inventory levels as of November 27, 2009.  Santa Clara single family home inventory has been droping as the year has progressed.

Inventory for homes in SANTA CLARA, CA All ZIP Codes

Santa Clara Home Sold in Bowers Crest

Wednesday, December 2nd, 2009

 

This adorable Bowers Crest home sold recently. After being on the market for just over a week, it received multiple offers, but due to the condition of the home sold lower than asking. The home needed a heating system and had a cracked chimney as well as there were some areas were sloping floors were quite noticeable, typical for this area in homes that have been neglected and not just akin to this specific home.

Inspite of those defects the home had some nice clean finishes, new flooring in the kitchen and bathroom, new shower and tub enclosures in the bathrooms, and refinished hardwood floors.

Many people are not aware of this jewel of a neighborhood. The homes here are simple and small, but have very function floor plans, and feature 2 baths where comparable size homes may only feature one bath. Another aspect of these homes is that they have a sliding glass door to the back patio and yard and a full 2 car garage. Couple this with a quiet and isolated neighborhood and you have many features that buyer’s look for in a home.

One of the main drawbacks is the size of these Santa Clara homes. At around 1,078 sqft. most people are not too pleased with the size of the bedrooms and the master bathroom. Generally these homes for the price of other comparably priced homes in Santa Clara offer more and I feel they are a better value.

I have seen several remodels involving additions where the owners have opened up the kitchens and have created very functional spaces out of these homes.

2154 San Rafael Ave., Santa Clara
3 Bedroom 2 Baths
1,078 Sqft
5000 Sqft Lot
2 Car Garage

Sold for $514,000