NOT LISTED FOR SALE

1047 Las Palmas Dr Santa Clara, CA 95051

Estimated Value: $1,803,000 - $1,965,000

3 Beds
2 Baths
1,394 Sq Ft
$1,338/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,345,000 $965 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,549/month

31 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Separate Family Room
  • Central Park Elementary Rated A
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of October 2022

Welcome home to an updated single family residence featuring 3BR/2BA with almost 1,400 sqft building space on on a large lot of 6,600 sqft. Spacious living room with cozy fireplace. Updated kitchen with Quartz countertops and stainless steel appliances. Updated bathrooms. Separate family room. Refinished hardwood and laminated wood flooring throughout. Brand new roof. Two car attached garage. Large lot with vegetable bed and gardening area. Fresh mulch front and backyard. Located in the heart of Silicon Valley, Santa Clara is the home of most major high tech companies - Google, Apple, Facebook, Nvidia and many more. Minutes from Kaiser Hospital, easy access to shopping centers and freeways.

Last Agent to Sell the Property

Valerie Trang

Infiniti Real Estate License #01469513 Listed on: 08/15/2022

Co-Listed By

Nicky Tran

Infiniti Real Estate License #01898518

Last Buyer's Agent

Eric Chu

Intero Real Estate Services License #02005697

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,076

Year Built

  • 1955

Lot Details

  • 5,602

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,602 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,076

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1394
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1394
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified
  • Middle School: Juan Cabrillo Middle
  • High School: Santa Clara High
  • High School: 408
  • Middle School: 405

Lot Info

  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 5, 2022
Sold by
Balaoro Living Trust
Bought by
Chu Family Living Trust
Seller's Agent
Valerie Trang
Infiniti Real Estate
Buyer's Agent
Eric Chu
Intero Real Estate Services
List Price
$1,445,000
Sold Price
$1,345,000
Premium/Discount to List
-$100,000
-6.92%
Views
6
Current Estimated Value
$1,864,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,583
Avg. Annual Appreciation
12.23%
Original Mortgage
$710,000
Outstanding Balance
$672,933
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,191,650

Purchase Details

Closed on
Mar 19, 2002
Sold by
Balaoro Mark B and Balaoro Laura
Bought by
Balaoro Mark B and Balaoro Laura

Purchase Details

Closed on
Jan 27, 1998
Sold by
Balaoro Mark B
Bought by
Balaoro Mark B and Balaoro Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,750
Interest Rate
7.05%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Barbosa Beatriz
Bought by
Balaoro Mark B and Balaoro Laura
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chu Family Living Trust -- Stewart Title Of California
Balaoro Mark B -- --
Balaoro Mark B -- --
Balaoro Mark B -- Financial Title Company
Balaoro Mark B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Family Living Trust $710,000
Previous Owner Balaoro Mark B $193,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,345,000 -6.9% $965 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $1,445,000 -- $1,037 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,076 $1,399,337 $1,049,451 $349,886
2024 $16,076 $1,371,900 $1,028,874 $343,026
2023 $15,915 $1,345,000 $1,008,700 $336,300
2022 $1,004 $72,863 $26,742 $46,121
2021 $997 $71,435 $26,218 $45,217
2020 $979 $70,704 $25,950 $44,754
2019 $979 $69,319 $25,442 $43,877
2018 $922 $67,961 $24,944 $43,017
2017 $916 $66,629 $24,455 $42,174
2016 $964 $65,324 $23,976 $41,348
2015 $959 $64,343 $23,616 $40,727
2014 $899 $63,084 $23,154 $39,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81903723

MLSListings

APN: 290-32-001