NOT LISTED FOR SALE

Estimated Value: $815,000 - $913,000

2 Beds
1 Bath
1,500 Sq Ft
$662/mo HOA Fee

Last Sold June 21, 2021

Last sale price $780,000 $520 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,412/month

34 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • End Unit
  • Buchser Middle School Rated A-
  • Farmhouse Style Home
  • 5-minute walk to Raymond Gamma Dog Park

About This Home

As of June 2021

NEW PRICE - See it before it's gone! Stunning Loft situated inside one of Santa Clara's beautiful landmarks - The Walnut Factory. Owners get to enjoy a huge property tax break of approximately $600/mo thanks to its historic designation (Mills Act). From the moment you enter, you'll be captivated with its soaring high ceilings, wooden beams, hardwood floors, elegant twin staircases & drop down Restoration Hardware chandeliers. This desirable and rare end unit also has floor to ceiling windows, bringing in an abundance of natural light. Nothing was spared on a recent remodel featuring farmhouse style kitchen with wooden countertops, designer tile work, wine cooler & stainless steel appliances. Tastefully renovated bathroom extends the farmhouse tones with its subway tile, custom sink & premium finishes. The loft is conveniently located between two parks, Santa Clara University, Caltrain, Airport, Tech Giants, shopping, dining and entertainment.

Last Agent to Sell the Property

Russ Sadykhov

Coldwell Banker Realty License #01891106 Listed on: 04/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Rafael Mendez Venegas

Intero Real Estate Services License #02082242

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,233

Year Built

  • 2000

Lot Details

  • End Unit
  • North Facing Home
  • Fenced

HOA Fees

  • $662 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Gate
  • Assigned Parking

Home Design

  • Farmhouse Style Home
  • Modern Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Double Pane Windows
  • Dining Area
  • Storage Room
  • Laundry in unit
  • Neighborhood Views
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Loft Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • Energy-Efficient Insulation
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, heating, hot water, maintenance - exterior, roof, security service, water
  • 43 Units
  • Walnut Factory Owners Association

Security

  • Controlled Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,233

Year Built

2000

Lot Details

0

HOA Fees

$662 per month

Parking

1

Listing Details

  • Zoning: ML
  • Subclass: Condominium
  • Style: Farm House, Modern / High Tech
  • Age: 21
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 43
  • Min Numberof Unitsin Complex: 43
  • Structure Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Other, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Wine Refrigerator
  • Living Sq Ft: 1500
  • Stories: 2
  • Security: Controlled / Secured Access, Fire System - Sprinkler
  • Bedrooms: Loft Bedroom
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • View: Neighborhood
  • Yard/Grounds: Fenced
  • Fencing: Fenced
  • Property Faces: North
  • Construction Type: Concrete, Steel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Electric Gate

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Walnut Factory
  • HOA Fees: 662
  • HOA Amenities: Community Security Gate
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Heating, Hot Water, Maintenance - Exterior, Roof, Security Service, Water
  • HOA Exist: Yes
  • H O A Name Text: Walnut Factory Owners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate

Schools

  • School District: Santa Clara Unified
  • Elementary School: Scott Lane Elementary
  • Middle School: Buchser Middle
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 401
  • Middle School: 406

Green Features

  • Energy Features: Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Corner Unit, End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 9, 2021
Sold by
Lucey Nathaniel and Chiu Chien Jung
Bought by
Mazhari Arash and Wendt Sophia Lorelei
Seller's Agent
Russ Sadykhov
Coldwell Banker Realty
Buyer's Agent
Rafael Mendez Venegas
Intero Real Estate Services
List Price
$838,800
Sold Price
$780,000
Premium/Discount to List
-$58,800
-7.01%
Current Estimated Value
$860,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,915
Avg. Annual Appreciation
2.32%
Original Mortgage
$702,000
Outstanding Balance
$635,574
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$225,341

Purchase Details

Closed on
Jun 3, 2014
Sold by
Lucey Peter J and Lucey Carol L
Bought by
Lucey Nathaniel and Chiu Chien Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Lucey Peter and Lucey Carol
Bought by
Lucey Peter J and Lucey Carol L

Purchase Details

Closed on
Feb 22, 2005
Sold by
Walnut Factory Llc
Bought by
Lucey Peter and Lucey Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,840
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mazhari Arash $780,000 Chicago Title Company
Lucey Nathaniel $480,000 None Available
Lucey Peter J -- None Available
Lucey Peter $517,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazhari Arash $702,000
Previous Owner Lucey Nathaniel $370,000
Previous Owner Lucey Peter $413,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $780,000 -2.4% $520 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $799,000 -4.7% $533 / Sq Ft
04/01/2021 04/01/21 For Sale $838,800 -- $559 / 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 $2,233 $207,200 $103,600 $103,600
2024 $2,233 $190,600 $95,300 $95,300
2023 $2,883 $244,300 $122,100 $122,200
2022 $3,619 $298,200 $149,100 $149,100
2021 $3,263 $270,700 $86,000 $184,700
2020 $2,858 $238,900 $75,900 $163,000
2019 $2,886 $236,800 $75,200 $161,600
2018 $2,857 $245,500 $78,000 $167,500
2017 $2,480 $209,800 $66,600 $143,200
2016 $2,303 $190,300 $60,400 $129,900
2015 $2,132 $173,700 $55,200 $118,500
2014 $2,178 $177,700 $56,400 $121,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81836973

MLSListings

APN: 224-74-029