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3491 Shafer Drive

3491 Shafer Drive, Santa Clara, CA 95051
House in Santa Clara
Sold Nov 04, 2022
$1,750,000
$1,000,000 by First Republic Bank
Mortgage Due Dec 01, 2052
Sold Aug 11, 2022
$1,510,000
$1,359,000 by Nexbank
Mortgage Due Sep 01, 2052
Local assessors in Santa Clara, CA have categorized 3491 Shafer Drive as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3491 Shafer Drive has a total of 1,504 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 417 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3491 Shafer Drive was last sold in Oct 28, 2022 for $1,750,000. According to our calculations, that's $1,163.56 per sqft. Prior to that sales transaction, the property was sold for $1,510,000 in Aug 8, 2022. Current property owners are expected to pay $1,147 in taxes per year. The property on 3491 Shafer Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,750,000. To break that down further, the land itself was valued at $1,400,000. While improvements to the property were assessed at a total of $350,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 417
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLDEN STATE ESTATES
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1386 GOLDEN STATE ESTATES BOOK 54 PAGE 14 PAGE 15 LOT 86

Ownership

  • Current Owner : MARONE ALEXANDRIA RACHEL
  • Current Owner 2: PERFETTO QUINN ANTONIO
  • Previous Owner : TONA RAISSA
  • Owner Before Previous Owner: KOVACH FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 505403

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 60-D2
  • Subdivision Tract Number: 1386
  • Parcel: 290-22-029
  • Lot: 86
  • Municipality: SANTA CLARA
  • Latitude: 37.3445
  • Longitude: -121.992

    Address

  • Full Address: 3491 Shafer Dr
  • Address - House Number: 3491
  • Address - Street Name: Shafer
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C030
  • 4-Digit Zip Code: 4616
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,147
  • Tax Rate Code Area: 07-014

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,686,598
  • High Value: 2,026,296
  • Low Value: 1,346,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,750,000
  • Assessed Land Value: $1,400,000
  • Assessed Improvements Value: $350,000

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Transaction ID: 11898199934
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25396440
  • Previous Sale Recording Date: Aug 11, 2022
  • Previous Sale Contract Date: Aug 08, 2022
  • Previous Sale Amount: $1,510,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 04, 2022
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEXBANK
  • Previous Mortgage Transaction Date: Aug 11, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,359,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2052

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Frequently Asked Questions

What neighborhood is 3491 Shafer Drive located in?
The 3491 Shafer Drive is a house located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 3491 Shafer Drive?
The average sales price for units in 3491 Shafer Drive is $0 currently.

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