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4188 Farrell Place

4188 Farrell Place, Santa Clara, CA 95054
Sold Feb 16, 2018
$2,350,000
$1,400,000 by Bank Of America Na
Mortgage Due Mar 01, 2048
Sold May 29, 2008
$1,330,000
$1,064,000 by First Republic Bank
Mortgage Due Jun 01, 2038
Local assessors in Santa Clara, CA have categorized 4188 Farrell Place as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 3,669 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4188 Farrell Place has a total of 3,395 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 429 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Feb 9, 2018 for $2,350,000. That's $692.19 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2008 for $1,330,000. 4188 Farrell Place was last assessed in 2023. The total value of the property was assessed at $2,570,064. Specifically, the land the property is located on was valued at $1,804,514. While improvements on the property were assessed at a total of $765,550. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $29,769. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 429
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,669
  • Total Building Area: 3,395
  • Gross Building Area: 1,560
  • Building Area: 3,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 107

Ownership

  • Current Owner : MANI SOMNATH
  • Current Owner 2: JAIN SHWETA
  • Previous Owner : PHAM BRYAN
  • Previous Owner 2: GOLDSTEIN KIMBERLEY
  • Owner Before Previous Owner: REID ANDREW H
  • Owner Before Previous Owner 2: REID DENISE T

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 504903

Zoning

  • Zoning: PD

Geography

  • Subdivision Tract Number: 9417
  • Parcel: 097-94-037
  • Municipality: SANTA CLARA
  • Latitude: 37.3977
  • Longitude: -121.948

    Address

  • Full Address: 4188 Farrell Way
  • Address - House Number: 4188
  • Address - Street Name: Farrell
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C006
  • 4-Digit Zip Code: 4122
  • Zip Code: 95054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,769
  • Tax Rate Code Area: 07-000

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 2,831,479
  • High Value: 3,406,503
  • Low Value: 2,256,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 16, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,570,064
  • Assessed Land Value: $1,804,514
  • Assessed Improvements Value: $765,550

    Sales

  • Current Sale Contract Date: Feb 09, 2018
  • Current Sale Recording Date: Feb 16, 2018
  • Current Sale Transaction ID: 11405307854
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23869507
  • Previous Sale Recording Date: May 29, 2008
  • Previous Sale Contract Date: May 20, 2008
  • Previous Sale Amount: $1,330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 16, 2018
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: SBA Participation Trust Deed
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: May 29, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,064,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

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Frequently Asked Questions

What neighborhood is 4188 Farrell Place located in?
The 4188 Farrell Place is a located in the neighborhood of Rivermark of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 4188 Farrell Place?
The average sales price for units in 4188 Farrell Place is $0 currently.

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