NOT LISTED FOR SALE

261 Cherry Ln Campbell, CA 95008

Downtown Campbell Neighborhood

Estimated Value: $2,455,000 - $2,665,702

4 Beds
2.5 Baths
2,163 Sq Ft
$1,183/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $2,200,000 $1,017 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,739/month

7 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Outdoor Kitchen
  • Westmont High School Rated A
  • Vaulted Ceiling
  • Stone Countertops

About This Home

As of June 2023

Welcome to this spectacular property adjacent to Downtown Campbell. This beautiful and spacious home boasts 4 bedrooms and 3.5 bathrooms. Greet guests in the foyers airy vaulted ceilings that invite you into the living room with elegant fireplace. A chef's delight, the kitchen features stainless steel appliances, stone countertops and opens to the formal dining room. The bedrooms of ample size are well appointed with updated bathrooms. The magnificent loft with bonus 4th bedroom and full bath also boasts a dedicated office, movie, or game room space. The lush backyard oasis retreat, complete with custom patio, outdoor kitchen, pool and spa are ideal for entertaining. Hobby, gardening, or vehicle enthusiasts will fall in love with the over-sized garage. Perfectly situated steps from John D. Morgan Park. Walk to Downtown Campbell for shopping, dining and farmer's market. Centrally located for a quick and easy Silicon Valley commute. Truly a gem and not to be missed!

Last Agent to Sell the Property

Mark DeTar

Compass License #01156251 Listed on: 05/04/2023

Compass

Last Buyer's Agent

Mark DeTar

Compass License #01156251 Listed on: 05/04/2023

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 9,718 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,163 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Bonus Room

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 305-33-044

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2163
  • Year Built: 1949
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Hood Over Range, Island with Sink, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2163
  • Flooring: Carpet, Tile
  • Additional Rooms: Bonus / Hobby Room, Loft, Recreation Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Oversized Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground, Spa - In Ground
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio, Gazebo, Outdoor Kitchen
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Lot Info

  • Parcel Number: 305-33-044
  • Lot Acres: 0.2231
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9720.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9720.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 1, 2023
Sold by
Musselman Gerald P and Musselman Elena D
Bought by
Galea Richard and Casillas Natalya
Seller's Agent
Mark DeTar
Compass
Buyer's Agent
Mark DeTar
Compass
List Price
$2,200,000
Sold Price
$2,200,000
Views
45
Current Estimated Value
$2,558,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,176
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,760,000
Outstanding Balance
$1,712,937
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$845,239

Purchase Details

Closed on
May 18, 2017
Sold by
Musselman Gerald P and Musselman Elena D
Bought by
Musselman Gerald P and Musselman Elena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2017
Sold by
Musselman Gerald P and Musselman Elena D
Bought by
Musselman Gerald P and Musselman Elena D

Purchase Details

Closed on
Feb 2, 2017
Sold by
Musselman Gerald P and Musselman Elena D
Bought by
Musselman Gerald P and Musselman Elena D

Purchase Details

Closed on
Apr 25, 1996
Sold by
Parker Dale V and Parker Jeannie L
Bought by
Musselman Gerald P and Musselman Elena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galea Richard $2,200,000 Orange Coast Title
Musselman Gerald P -- Advantage Title Llc
Musselman Gerald P -- None Available
Musselman Gerald P -- None Available
Musselman Gerald P $300,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galea Richard $1,760,000
Previous Owner Musselman Gerald P $416,000
Previous Owner Musselman Gerald P $240,000
Closed Musselman Gerald P $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $2,200,000 0.0% $1,017 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $2,200,000 -- $1,017 / 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 $28,035 $2,288,880 $1,664,640 $624,240
2024 $28,035 $2,244,000 $1,632,000 $612,000
2023 $28,035 $586,846 $351,275 $235,571
2022 $8,136 $575,340 $344,388 $230,952
2021 $7,980 $564,060 $337,636 $226,424
2020 $7,769 $558,277 $334,174 $224,103
2019 $7,653 $547,331 $327,622 $219,709
2018 $7,415 $536,600 $321,199 $215,401
2017 $7,218 $526,079 $314,901 $211,178
2016 $6,787 $515,765 $308,727 $207,038
2015 $6,660 $508,019 $304,090 $203,929
2014 $6,395 $498,069 $298,134 $199,935
Source: Public Records

Agents Affiliated with this Home

  • Mark DeTar

    Seller's Agent in 2023

    Mark DeTar

    Compass

    (408) 482-1727

    1 in this area

    99 Total Sales

    Mark DeTar
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81926830

MLSListings

APN: 305-33-044

California Santa Clara County Campbell 95008 Downtown Campbell

261 Cherry Ln, Campbell, CA

Not Listed for Sale

Detached

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