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2901 Salem Drive

2901 Salem Drive, Santa Clara, CA 95051
Property in Santa Clara
Sold Oct 22, 2020
$1,243,000
$500,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2035
Sold Jul 22, 2020
$975,000
2901 Salem Drive in Santa Clara, CA was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2901 Salem Drive has 1,630 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 260 ft and the linear feet between the front and back of the lot is 770. In total, the area measurement of the land is 2,002 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 13, 2020 for $1,243,000. That's $762.58 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2020 for $975,000. 2901 Salem Drive was last assessed in 2023. The total value of the property was assessed at $1,170,000. Specifically, the land the property is located on was valued at $585,000. While improvements on the property were assessed at a total of $585,000. 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 $15,008. 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! 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: 1974
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,002
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 260
  • Total Building Area: 1,630
  • Gross Building Area: 651
  • Building Area: 1,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODHAMS ESTATES
  • Land Acres: 0.046
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 5398 WOODHAMS ESTATES BOOK 325 PAGE 21 PAGE 22 LOT 24

Ownership

  • Current Owner : EWALT NICHOLAS EVAN
  • Current Owner 2: EWALT HANNAH MORGAN
  • Previous Owner : HOANG THINH
  • Owner Before Previous Owner: SPENCER JAY C
  • Owner Before Previous Owner 2: SPENCER CONSTANCE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 506101

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 60-E3
  • Subdivision Tract Number: 5398
  • Parcel: 293-29-001
  • Lot: 24
  • Municipality: SANTA CLARA
  • Latitude: 37.3369
  • Longitude: -121.98

    Address

  • Full Address: 2901 Salem Dr
  • Address - House Number: 2901
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C020
  • 4-Digit Zip Code: 5501
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,008
  • Tax Rate Code Area: 07-014

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,367,775
  • High Value: 1,628,570
  • Low Value: 1,106,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,170,000
  • Assessed Land Value: $585,000
  • Assessed Improvements Value: $585,000

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793236332
  • Current Sale Price: $1,243,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24667752
  • Previous Sale Recording Date: Jul 22, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 2901 Salem Drive located in?
The 2901 Salem Drive is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 2901 Salem Drive?
The average sales price for units in 2901 Salem Drive is $0 currently.

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