NOT LISTED FOR SALE

986 Las Palmas Dr Santa Clara, CA 95051

Estimated Value: $1,706,000 - $1,952,000

3 Beds
2 Baths
1,166 Sq Ft
$1,557/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $1,015,000 $870 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,267/month

9 Days on Market

Highlights

  • Skyline View
  • Contemporary Architecture
  • Granite Countertops
  • Central Park Elementary Rated A
  • Radiant Floor
  • Breakfast Area or Nook

About This Home

As of September 2016

Darling Mid-Century Modern Santa Clara home! Remodeled kitchen with many amenities: Granite counters with tile & glass backsplash, sparkling white cabinets, Stainless steel 4 burner, plus griddle, gas range with a Zephr hood, Bosch dishwasher, GE stainless refrigerator, wood look tile flooring and Velux skylights make kitchen bright! Both baths remodeled with gorgeous custom tile Shower & Soaker tub surround, granite counters. Radiant heat flooring under tile in both baths. Dual paned windows, 3 yr new roof, new duct work. New fencing w/ lattice trim. Spacious rear yard, new landscaping and paver patio to relax and entertain. Large side yard may have room for possibilities! In the heart of popular Santa Clara with Santa Clara schools and utilities! Great location for commuting. Within walking distance to Central Park Library, International Swim Center & the 52-acre Central Park which offers the Community Recreation Center, tennis center, children's play area & much more!

Last Agent to Sell the Property

Judy Yeager

Coldwell Banker Realty License #01235022 Listed on: 08/16/2016

Coldwell Banker Realty

Co-Listed By

Lori LoBue

Coldwell Banker Realty License #01377360

Last Buyer's Agent

David Black

Black Oak Properties, Inc. License #01747284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,341

Year Built

  • Built in 1955

Lot Details

  • 5,489 Sq Ft Lot
  • Kennel or Dog Run
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Separate Family Room
  • Skyline Views
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 290-31-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,341

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Flat
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1166
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Eat in Kitchen, Skylight
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator, Skylight
  • Living Sq Ft: 1166
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower and Tub, Skylight, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Dog Run / Kennel, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC, Central Forced Air - Gas
  • Heating System: Central Forced Air, Central Forced Air - Gas, Radiant Floors
  • 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 Description: Grade - Level
  • Parcel Number: 290-31-055
  • Lot Acres: 0.1260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5501.63
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5501.63

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified
  • High School Text: Santa Clara High
  • Middle School Text: Juan Cabrillo Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 12, 2016
Sold by
Forte Amber L and Forte Daniel
Bought by
Appuswamy Rathinakumar and Aruchami Priyadharshni
Seller's Agent
Judy Yeager
Coldwell Banker Realty
Buyer's Agent
David Black
Black Oak Properties, Inc.
List Price
$988,000
Sold Price
$1,015,000
Premium/Discount to List
$27,000
2.73%
Current Estimated Value
$1,854,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,712
Avg. Annual Appreciation
6.76%
Original Mortgage
$803,880
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 28, 2012
Sold by
Martin Robert G
Bought by
Youngs Amber L and Forte Daniel
Seller's Agent
Theresa Wellman
Intero San Jose, Willow Glen Lincoln Ave
Buyer's Agent
Lisa Prieto
Intero Real Estate
List Price
$518,000
Sold Price
$518,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$466,200
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1998
Sold by
Martin Michael J
Bought by
Martin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,840
Interest Rate
6.88%

Purchase Details

Closed on
Jul 31, 1995
Sold by
Martin Michael J
Bought by
Martin Michael J
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
Appuswamy Rathinakumar $1,005,000 Cornerstone Title Company
Youngs Amber L $518,000 Old Republic Title Company
Martin Michael J -- American Title Co
Martin Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appuswamy Rathinakumar $100,000
Open Appuswamy Rathinakumar $745,483
Closed Appuswamy Rathinakumar $803,880
Previous Owner Youngs Amber L $466,200
Previous Owner Martin Michael J $103,000
Previous Owner Martin Michael J $99,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $1,015,000 +1.6% $870 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/18/2016 08/18/16 Price Changed $998,888 +1.1% $857 / Sq Ft
08/16/2016 08/16/16 For Sale $988,000 +90.7% $847 / Sq Ft
03/13/2012 03/13/12 Sold $518,000 0.0% $444 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $518,000 -- $444 / 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
2024 $13,341 $1,143,343 $857,466 $285,877
2023 $13,206 $1,120,925 $840,653 $280,272
2022 $12,981 $1,098,947 $824,170 $274,777
2021 $12,930 $1,077,400 $808,010 $269,390
2020 $12,695 $1,066,353 $799,725 $266,628
2019 $12,676 $1,045,445 $784,045 $261,400
2018 $11,859 $1,024,947 $768,672 $256,275
2017 $11,800 $1,004,850 $753,600 $251,250
2016 $6,569 $549,616 $412,213 $137,403
2015 $6,544 $541,362 $406,022 $135,340
2014 $6,215 $530,758 $398,069 $132,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81600258

MLSListings

APN: 290-31-055