Recent Home Sales in Santa Clara

Today’s San Jose Mercury News featured the most recent list of home sales – which was considerably longer than that of recent months.  It appears that buyers are starting to worry that the bottom has been reached and that they will be left out when the market turns!  The city of Santa Clara has an especially long list of sales, and from looking at this list, it is apparent that the market even within this microcosm of Santa Clara County is fragmented. 

The reasons for this are two-fold.  First of all, part of the city of Santa Clara is zoned for the Cupertino school district, which gives an automatic rise in home value.  Secondly, one of the most trendy areas to live in Silicon Valley is located in Rivermark – the site of the old Agnew’s hospital grounds.  Anything in Rivermark has held its value well, thanks to the great commute location and eclectic, lively assortment of restaurants and shops. 

Here are the homes that have recently sold, and prices:

1265 Alice Drive, $780,000, 07-16-08, 2,496 SF, C. Howard to H. Ly; 1997:$150,000

2150 Briarwood Drive, $676,000, 07-10-08, 1,240 SF, 3 BR, E. & M. Branderiz to S. Lee; 2004:$595,000

913 Cole Place, $740,000, 07-14-08, 1,700 SF, 3 BR, J. Su to A. Charaniya; 2004:$605,000

2601 Cortez Drive #2102, $459,000, 07-16-08, 974 SF, 3 BR, Imagination Santa Clara Park to J. Wegener

983 East River Parkway, $1,060,000, 07-10-08, 2,408 SF, 3 BR, L. & M. Swenson to S. Mani

3390 Georgetown Place, $660,000, 07-11-08, 1,374 SF, 3 BR, Croft Trust to C. Lei

2494 Golf Links Circle, $700,000, 07-10-08, 1,825 SF, 3 BR, W. & W. Clay to Pitton Trust

2580 Homestead Road #5102, $414,000, 07-16-08, H. & B. Delatorre to V. Sisourath

344 Kellogg Way, $752,000, 07-11-08, 1,260 SF, 3 BR, S. Rice to J. Luo; 1992:$258,000

4397 Laird Circle, $935,000, 07-09-08, 2,036 SF, 3 BR, J. Earls to M. Malizia

4317 Marston Lane, $1,010,000, 07-09-08, 2,128 SF, 3 BR, C. Wu to I. Kim

459 Norwood Circle, $1,050,000, 07-11-08, 2,398 SF, 4 BR, Chatelaine Santa Clara to C. Lai

2439 Painted Rock Drive, $454,000, 07-15-08, 897 SF, 3 BR, Deutsche Bank to P. Pham

2459 Rebecca Lynn Way, $571,000, 07-10-08, 1,475 SF, 3 BR, S. & D. Mass to E. Hsiao; 1985:$174,500

2332 Running Water Court, $435,000, 07-15-08, 1,289 SF, 3 BR, O. Ayala to C. Hermanto

3251 Rustic Drive, $655,000, 07-10-08, 1,762 SF, James Trust to S. & T. Stock; 1994:$252,500

2201 San Antonio Place, $546,000, 07-10-08, 1,078 SF, 3 BR, Long Beach Mortgage to M. & A. Kamde

1941 Silva Place, $715,000, 07-16-08, 1,930 SF, 4 BR, J. Nguyen to J. & P. Patel

2481 South Park Lane, $537,000, 07-16-08, 1,435 SF, 2 BR, J. Michnowicz to A. & B. Bhatnagar; 2000:$395,000

4113 Tobin Circle, $790,000, 07-10-08, 1,590 SF, 3 BR, W. Cheung to A. Chetal; 2003:$579,000

1775 Townsend Ave., $670,000, 07-09-08, 1,080 SF, 3 BR, R. & K. Kashata to I. Clements; 2004:$575,000

3431 Tracy Drive, $829,000, 07-15-08, 1,420 SF, 3 BR, Pray Trust to S. Rengasamy; 1985:$156,000