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2042 Fan Palm Court

2042 Fan Palm Court, Santa Clara, CA 95050
Property in Santa Clara
Sold Jan 28, 2020
$892,000
$713,600 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2050
2042 Fan Palm Court has been categorized by the local assessors in Santa Clara, CA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2042 Fan Palm Court has 1,226 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 500 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 1,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2042 Fan Palm Court sold most recently in Jan 24, 2020 for a total of $892,000. If you work out the math, that's approximately a cost of $727.57 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,911 in taxes each year. 2042 Fan Palm Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $937,648. If we break it down further, the land itself was valued at $468,824. Improvements to the property, however, were assessed at a total of $468,824. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,750
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,226
  • Gross Building Area: 1,226
  • Building Area: 1,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA CLARA
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 7175 BOOK 490 PAGE 37 PAGE 39

Ownership

  • Current Owner : VAIDYANATHAN NANDHINI
  • Current Owner 2: VAIDYANATHAN SURESH RAKESH
  • Previous Owner : MORRIS VALERIE D COLEMAN
  • Previous Owner 2: COLEMAN MORRIS RLT VALERIE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 505303

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 54-A6
  • Subdivision Tract Number: 7175
  • Parcel: 224-55-102
  • Lot: 4-7
  • Municipality: SANTA CLARA
  • Latitude: 37.3595
  • Longitude: -121.96

    Address

  • Full Address: 2042 Fan Palm Ct
  • Address - House Number: 2042
  • Address - Street Name: Fan Palm
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C024
  • 4-Digit Zip Code: 3483
  • Zip Code: 95050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,911
  • Tax Rate Code Area: 07-014

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 94
  • Final Value: 1,126,472
  • High Value: 1,213,985
  • Low Value: 1,038,959

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $713,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 28, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $713,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,648
  • Assessed Land Value: $468,824
  • Assessed Improvements Value: $468,824

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Transaction ID: 11720529580
  • Current Sale Price: $892,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24390608

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 28, 2020
  • First Mortgage Loan Amount: $713,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 2042 Fan Palm Court located in?
The 2042 Fan Palm Court is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 2042 Fan Palm Court?
The average sales price for units in 2042 Fan Palm Court is $0 currently.

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