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2527 Palmdale Court

2527 Palmdale Court, Santa Clara, CA 95051
Property in Santa Clara
Sold Oct 29, 2020
$960,000
$765,000 by General Mortgage Capital Corp
Mortgage Due Nov 01, 2050
Sold Nov 19, 2013
$545,000
$436,000 by Interbank Mortgage Co
Mortgage Due Dec 01, 2043
2527 Palmdale 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 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 5 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, 2527 Palmdale Court has 1,092 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 760 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 1,976 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 430 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 C by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2527 Palmdale Court sold most recently in Oct 23, 2020 for a total of $960,000. If you work out the math, that's approximately a cost of $879.12 per sqft. Before that, the property was also sold for $545,000 in Nov 7, 2013. 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 $11,615 in taxes each year. 2527 Palmdale Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $998,784. If we break it down further, the land itself was valued at $499,392. Improvements to the property, however, were assessed at a total of $499,392. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,976
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 260
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTH DRIVE PARK
  • Land Acres: 0.045
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 5058 SOUTH DRIVE PARK BOOK 300 PAGE 40 PAGE 42 LOT 189

Ownership

  • Current Owner : SHU DONG
  • Current Owner 2: RAN YAN RAN
  • Previous Owner : AFSHANAAZ NAZIM
  • Owner Before Previous Owner: HORNER JULIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 505302

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 53-F5
  • Subdivision Tract Number: 5058
  • Parcel: 216-42-006
  • Lot: 189
  • Municipality: SANTA CLARA
  • Latitude: 37.3676
  • Longitude: -121.971

    Address

  • Full Address: 2527 Palmdale Ct
  • Address - House Number: 2527
  • Address - Street Name: Palmdale
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C039
  • 4-Digit Zip Code: 1238
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,615
  • Tax Rate Code Area: 07-014

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,065,545
  • High Value: 1,268,242
  • Low Value: 862,848

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $765,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998,784
  • Assessed Land Value: $499,392
  • Assessed Improvements Value: $499,392

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11795766224
  • Current Sale Price: $960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24678790
  • Previous Sale Recording Date: Nov 19, 2013
  • Previous Sale Contract Date: Nov 07, 2013
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INTERBANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 19, 2013
  • Previous Mortgage Loan Amount: $436,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About Santa Clara



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Frequently Asked Questions

What neighborhood is 2527 Palmdale Court located in?
The 2527 Palmdale Court is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 2527 Palmdale Court?
The average sales price for units in 2527 Palmdale Court is $0 currently.

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