NOT LISTED FOR SALE

961 Las Palmas Dr Santa Clara, CA 95051

Estimated Value: $1,555,000 - $1,971,800

3 Beds
2 Baths
1,166 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $1,338,000 $1,148 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,346/month

5 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Bonus Room
  • Central Park Elementary Rated A
  • Skyline View
  • Granite Countertops

About This Home

As of October 2020

Fantastic move-in ready home in highly sought after Santa Clara quiet neighborhood. Open floor plan. Light & bright, large windows & skylights fill this house with natural light. Spacious living room with fireplace & high open beam ceilings. Formal dining room. Family/bonus room (not included in the sq ft) with access to private backyard. The updated kitchen features granite counters, Stainless steel appliances & large eat-in area. Master bedroom suite has large picture windows. Recently updated bathrooms.Solar panels-owned, new roof 2019, new water heater, central heating & A/C, dual pane windows, skylights. 2 Car garage. Landscaped, private backyard with large patio, lawn & 6 fruit trees. Prime location, quiet street yet just a short walk to Central Park, Swim Center, the Library, Tennis,Bocce Ball, Safeway, Dining, Shopping, & desirable Central Park Elementary School. Easy access to major freeway & high tech companies (Apple 2.5m Nvidia 2m) Santana Row 2.5m Low Santa Clara Utilities

Last Agent to Sell the Property

Soly Retter-Amarilio

Coldwell Banker Realty License #01185543 Listed on: 09/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Stilla Raissi

Coldwell Banker Realty License #01720940

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,552

Year Built

  • 1955

Lot Details

  • 6,238

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room
  • Skyline Views
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Solar Power System
  • 6,238 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,552

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1166
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1166
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Skylight, Updated Bath

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1432
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6236.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6236.00

Green Features

  • Energy Features: Double Pane Windows, Green Features, Skylight, Solar Power

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 13, 2020
Sold by
Fertelmeister Mark and Safe Richelle Marie
Bought by
Shah Vivek Bharat and Sheth Manasi Narendra
Seller's Agent
Soly Retter-Amarilio
Coldwell Banker Realty
Buyer's Agent
Stilla Raissi
Coldwell Banker Realty
List Price
$1,298,000
Sold Price
$1,338,000
Premium/Discount to List
$40,000
3.08%
Current Estimated Value
$1,829,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,200
Avg. Annual Appreciation
6.67%
Original Mortgage
$1,070,400
Outstanding Balance
$954,675
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$874,525

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 4, 2019
Sold by
Jeyaseelan Arockiam and Jeyaseelan Josephine L
Bought by
Mark Ferteimeister and Safe Richelle Marie
Seller's Agent
Umang Sanchorawala
Compass
Buyer's Agent
Soly Retter-Amarilio
Coldwell Banker Realty
List Price
$1,285,000
Sold Price
$1,200,000
Premium/Discount to List
-$85,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,079,880
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Jeyaseelan Arockiam and Jeyaseelan Josephine L
Bought by
Jeyaseelan Arockiam and Jeyaseelan Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,800
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Huang Linong and Chen Chuan
Bought by
Jeyaseelam Arockiam and Arulanandam Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2002
Sold by
Huang Linong and Chen Chuan
Bought by
Huang Linong and Chen Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Lee Michael B
Bought by
Huang Linong and Chen Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
5%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Lee Peggy Mi Ae
Bought by
Lee Michael Bing Kong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.17%
Source: Public Records

Range of Values:

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Average Value
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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
Shah Vivek Bharat $1,338,000 Lawyers Title Company
Mark Ferteimeister $1,200,000 Chicago Title Company
Jeyaseelan Arockiam -- Wfg Lender Services
Jeyaseelam Arockiam $651,000 First American Title Company
Huang Linong -- Chicago Title Co
Huang Linong $264,000 Old Republic Title Company
Lee Michael Bing Kong -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Vivek Bharat $1,070,400
Previous Owner Mark Ferteimeister $1,079,880
Previous Owner Jeyaseel Arockiam $84,000
Previous Owner Jeyaseelan Arockiam $270,300
Previous Owner Jeyaseelan Arockiam $502,000
Previous Owner Jeyaseelan Arockiam $498,800
Previous Owner Jeyaseelan Arockiam $150,000
Previous Owner Jeyaseelam Arockiam $500,000
Previous Owner Huang Linong $430,000
Previous Owner Huang Linong $264,000
Previous Owner Huang Linong $264,000
Previous Owner Huang Linong $265,000
Previous Owner Huang Linong $250,750
Previous Owner Lee Michael Bing Kong $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $1,338,000 +3.1% $1,148 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $1,298,000 +8.2% $1,113 / Sq Ft
06/07/2019 06/07/19 Sold $1,200,000 -3.8% $1,029 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $1,248,000 -2.9% $1,070 / Sq Ft
04/17/2019 04/17/19 For Sale $1,285,000 -- $1,102 / 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 $16,552 $1,448,291 $1,086,219 $362,072
2024 $16,552 $1,419,894 $1,064,921 $354,973
2023 $16,385 $1,392,054 $1,044,041 $348,013
2022 $16,105 $1,364,760 $1,023,570 $341,190
2021 $16,126 $1,338,000 $1,003,500 $334,500
2020 $14,645 $1,224,000 $918,000 $306,000
2019 $9,684 $797,506 $598,071 $199,435
2018 $9,061 $781,870 $586,345 $195,525
2017 $9,015 $766,541 $574,849 $191,692
2016 $8,825 $751,512 $563,578 $187,934
2015 $8,790 $740,225 $555,113 $185,112
2014 $7,526 $653,000 $489,700 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81812377

MLSListings

APN: 290-31-018