Dec
12

Santa Clara Home in Lawrence Meadows

vbrasil on 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 Although the decor was outdated the home was clean and functional.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

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Home Selling, Lawrence Meadows, My-Listings No comments »
Dec
4

Santa Clara Home Sales November 2009

vbrasil on 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

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Dec
2

Santa Clara Home Sold in Bowers Crest

vbrasil on 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

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Nov
12

Santa Clara Home Sales October 2009

vbrasil on November 12th, 2009

The month of October saw 44 homes sell in Santa Clara which was 30% lower than the previous month which saw 65 homes sell. The market has been hot in October with many of the listings sold within 2 weeks of being on the market and many with multiple offers.  The month also saw a number of short sales close that had been on the market 300 days.  Currently the Santa Clara market has 78 homes on the market.  This number I estimate will drop to the 50’s by the end of the year.  Most of the current homes on the market are lingering listings.  Very few new listings are coming out and most are rough properties.  Another interesting note is the number of price reductions are fewer than last month’s.  October saw 22% of the closed listings experience price reductions, where September experienced 32%.

The fed is indicating that they will keep rates down, congress and the president have extended the first time home buyer credit and have even extended it to higher income households.   With low rates and low inventory we may be info a very competitive market in 2010 full of multiple offers and rising prices.

We are midway through November now and many homes that have not sold in the prior months have gone into contract, a sure sign of the market heating up.

List Price Street Address DOM Sale Price Close Date
1
$321,500
2572 AMETHYST DR 9 $385,000 9/22/2009
2
$365,900
2452 PAINTED ROCK DR 8 $365,000 9/30/2009
3
$387,900
4669 SNEAD DR 23 $450,000 10/23/2009
4
$389,000
1755 FRANCK AVE 6 $450,000 10/27/2009
5
$399,900
1373 LAS PALMAS DR 7 $410,000 10/30/2009
6
Price reduced from $480,000 (-$60,000) $420,000
2140 MONTEREY AVE 315 $460,000 10/23/2009
7
$424,900
1779 EBERHARD ST 12 $450,000 10/15/2009
8
$432,500
840 BAIRD AVE 24 $481,000 10/9/2009
9
$490,000
1124 JACKSON ST 0 $490,000 10/27/2009
10
$499,000
1837 WADE AVE 8 $545,000 10/16/2009
11
$525,000
465 SARATOGA AVE UNIT QUIET END 10 $526,000 9/28/2009
12
$529,000
606 N MONROE ST 1 $529,000 10/23/2009
13
Price reduced from $549,000 (-$10,000) $539,000
2968 CHROMITE DR 77 $512,000 10/1/2009
14
$545,000
3343 SNIVELY AVE 5 $545,000 10/14/2009
15
$549,000
2202 PEACHTREE LN 25 $536,400 10/12/2009
16
Price increased from $549,888 (+$62) $549,950
1851 CATHERINE ST 317 $540,000 9/24/2009
17
$550,000
2443 BORAX DR 10 $775,000 10/14/2009
18
$564,900
3878 WILLOW WAY 11 $569,000 10/5/2009
19
$566,000
3361 TRACY DR 6 $690,000 10/15/2009
20
$575,000
759 LAYTON ST 21 $570,000 10/16/2009
21
$588,000
2347 OSBORNE AVE 8 $585,000 10/1/2009
22
$599,000
3433 LONDONDERRY DR 9 $620,000 10/1/2009
23
Price reduced from $649,888 (-$50,000) $599,888
2331 REGINA CT 215 $560,000 9/29/2009
24
$625,000
732 FLANNERY ST 8 $599,000 10/6/2009
25
$649,950
2062 CALABAZAS BL 17 $630,000 10/23/2009
26
$659,000
734 RIDGE RD 8 $695,000 10/28/2009
27
$675,000
2495 BENTON ST 33 $668,000 10/1/2009
28
$678,000
601 CAMINO DR 20 $650,000 10/1/2009
29
$689,000
769 BAYLOR DR 6 $705,000 10/16/2009
30
Price reduced from $750,000 (-$51,000) $699,000
654 TULANE DR 93 $671,000 9/30/2009
31
$779,000
4360 LAIRD CIR 14 $765,000 10/30/2009
32
Price reduced from $799,950 (-$20,000) $779,950
3020 PRUNERIDGE AVE 48 $765,000 10/1/2009
33
Price reduced from $799,000 (-$10,000) $789,000
3754 PRUNERIDGE AVE 53 $760,000 10/3/2009
34
Price reduced from $899,000 (-$100,000) $799,000
1350 VIA DONDERA 56 $750,000 10/8/2009
35
Price reduced from $835,000 (-$35,050) $799,950
781 CORNELL DR 46 $785,000 10/2/2009
36
$801,888
416 GIANNINI DR 108 $685,000 10/9/2009
37
$838,000
2380 SUNNY VISTA DR 17 $765,000 10/9/2009
38
Price reduced from $859,000 (-$112) $858,888
155 RODONOVAN DR 123 $770,000 10/16/2009
39
Price reduced from $899,000 (-$24,000) $875,000
932 GARRITY WAY 35 $855,000 10/15/2009
40
$895,000
4321 MARSTON LN 9 $890,000 10/23/2009
41
$899,980
4304 MARSTON LN 7 $906,000 10/1/2009
42
$998,000
1022 BRACKETT WAY 25 $1,017,000 10/16/2009
43
$1,029,000
1158 DOYLE CIR 50 $1,005,000 10/16/2009
44
$1,050,000
1260 HARRISON ST 11 $900,000 10/16/2009

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Nov
9

Just Sold Westwood Oaks Santa Clara

vbrasil on November 9th, 2009

380 Hillsdale Ave, Santa Clara - Westwood Oaks

380 Hillsdale Ave, Santa Clara - Westwood Oaks

My listing in Westwood Oaks closed this week.  It was a great listing and located in the prized Cupertino School District.

This was an estate sale handled by children of the owners.   The home was fairly original with the exception of a spacious family room addition that was constructed in the 70’s.

My initial feeling about the house was that it was a great property.  The home featured a quiet location in the neighborhood and functional floor plan.  In spite of that there was plenty of room for improvement and the sellers were open to making the home more marketable.

After three weeks of remodeling we were able to put the home on the market.  Within a week we received 9 offers and sold the home over asking.  Take a look at the pictures below to see the progression of work that was done to make this home a spectacular listing.

HillsdalePics Just Sold Westwood Oaks Santa Clara
hillsdale-pics

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My-Listings, Staging and Marketing, Westwood Oaks No comments »