NOT LISTED FOR SALE

Estimated Value: $570,083 - $712,000

1 Bed
1 Bath
760 Sq Ft
1,742 Sq Ft Lot

Last Sold March 10, 2015

Last sale price $430,000 $566 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,114/month

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City View
  • Buchser Middle School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of March 2015

Mediterranean style architecture and lush landscaping welcome you to this fantastic modern townhome/resort living in Santa Clara. Light & bright upstairs, unit in gated community. Large galley kitchen w/ granite counter tops, slate flooring, High-end SS app, cherry cabinetry & built-in wine cooler. Wood flooring throughout & carpet in bedroom, recessed lighting & indoor laundry. Shared 1 car garage. Pool, gym, & BBQ in common area. Great location close to everything. Open House-Sat.2/21 & Sun.2/22-1:00-4:00

Last Agent to Sell the Property

Lindsay Hogan

Coldwell Banker Realty License #01844874 Listed on: 02/19/2015

Coldwell Banker Realty

Last Buyer's Agent

Yvonne Lee

Giant Realty Inc. License #01038232

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1978

Lot Details

  • 1,742

Parking

  • 1 Car Detached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • City Views
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Garden Bath
  • Walk-in Shower

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 224-51-045

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof
  • Tri State Enterprises Association
  • Built by The Palms
  • The community has rules related to parking rules

Amenities

  • Sauna
  • Billiard Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,837

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Parking Restrictions, Pets - Allowed, Pets - Rules
  • Age: 37
  • Listing Class: Residential
  • Structure Sq Ft: 760
  • Complex Name: The Palms
  • Year Built: 1978
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 760
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Slate
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower, Sunken / Garden Tub

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Fenced, Pool - In Ground, Spa / Hot Tub
  • Roof: Tile
  • View: City
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 319
  • HOA Amenities: Additional Storage, BBQ Area, Billiard Room, Community Pool, Community Security Gate, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Tri-State Enterprises
  • H O A Exist: Yes

Schools

  • School District: Santa Clara Unified

Lot Info

  • Parcel Number: 224-51-045
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1733.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1733.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Santa Clara Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Feb 25, 2015
Sold by
Clark Tiffin
Bought by
Lee Michael Cherng Tse
Seller's Agent
Lindsay Hogan
Coldwell Banker Realty
Buyer's Agent
Yvonne Lee
Giant Realty Inc.
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Current Estimated Value
$665,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,771
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Prospect Palms Apartments I Llc
Bought by
Clark Tiffin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.32%
Mortgage Type
Negative Amortization
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
Lee Michael Cherng Tse $419,500 Cornerstone Title Company
Clark Tiffin $430,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael Cherng Tse $400,000
Previous Owner Clark Tiffin $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2015 03/10/15 Sold $430,000 +7.8% $566 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $399,000 -- $525 / 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 $5,837 $503,865 $251,903 $251,962
2024 $5,837 $493,986 $246,964 $247,022
2023 $5,779 $484,301 $242,122 $242,179
2022 $5,695 $474,806 $237,375 $237,431
2021 $5,673 $465,497 $232,721 $232,776
2020 $5,569 $460,725 $230,335 $230,390
2019 $5,564 $451,692 $225,819 $225,873
2018 $5,209 $442,837 $221,392 $221,445
2017 $5,184 $434,154 $217,051 $217,103
2016 $5,107 $425,643 $212,796 $212,847
2015 $5,078 $418,400 $243,200 $175,200
2014 $4,603 $391,000 $227,300 $163,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81451338

MLSListings

APN: 224-51-045