2338 SAN RAFAEL COURT, SANTA CLARA – SINGLE FAMILY SANTA CLARA HOME REO
Send to a Friend	Single Family Res Type: Detached Single Family Status: Active List Date: 05/17/09 Price: $474,500 Last Modification Date: 05/18/09 Location: 2038 SAN RAFAEL CT, Santa Clara, CA 95051 (map) Area: 008 – Santa Clara Bedrooms: 3 Bathrooms Full: 2 Bathrooms Half: 1 Approx. Sq. Ft.: 1534 Approx. Lot Size: 5,795.sf Approx age: 51 MLS#: 80924264 Old MLS# (6 digit): 80924264

This bank owned home is a great buy in Santa Clara. Its the popular 3 bedroom 2.5 bath Windsor floor plan in Darvon Park. The home is in move in condition. The kitchen was remodeled some years back, both bath rooms are very client and have new vanities with granite countertops. The back yard is very good sized, the home has expansion options which leave plenty of space in the back yard.

Downsides are that there has been some settling which is typical for these older homes, but this one has a bit more than typical. The roof needs replacement, the windows are old, and the back yard and front yard need some attention. Overall for a price of $475K, this is a good Santa Clara home at a very good price.Similar Posts:

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154 S 33RD ST., SAN JOSE

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Remark:

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This townhome is located in the Palomar complex of Midtown/West San Jose. Right off of Stokes and Bascom about a quarter mile from the Pruneyard. These units are about 5 years old, and although they have some floor plan drawbacks this particular unit is a phenominal deal for the price. 1800 sqft. 3 bedrooms 3 baths. If you are looking for a townhome unit to rent out to renters this is a good deal.

Property Summary Report

1420 ALEGRIA LP     MLS Num: 80918190 Status: Active Bedrooms: 3 Bathrooms: 3 Square Feet: 1811 Lot Size: 0.030acres List Date: 4/13/2009 Org. List Price: $394,900 List Price: $394,900 Year Built: 2002       Public Remarks Beautiful 3 story condo with central A/C and heat. On the ground floor it has indoor laundry, one BD and BA, and access to the garage. Upstairs has the kitchen with granite counters, tile floors, 1 BD and BA, and a balcony. The top floor has the master bedroom with walk-in-closet, and dual sink vanity in the bathroom.

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It’s no surprise that any newer developments in the Santa Clara County as of the past 5 years are going to experience a high number of Short Sales and REO or Bank Owned properties. Rivermark in Santa Clara is no exception.

Rivermark Townhome Short Sale

Rivermark is a master planned community developed in 2002 by Lennar, Centex and Shea Homes encompassing over a 1500 single family and town home units. Also around the Rivermark development is the Miraval Homes Luxury condo development and Mission Gardens single family homes, townhomes, and condo’s.

Many of these units have resold in the last few years since their initial releases, leaving some home owners at peak prices resulting in short sales and no opportunity to refinance.

Currently in the Santa Clara Rivermark location there are 14 condo short sales and 1 bank owned condo.  There are no single family short sales or REOs at the moment.

Miraval Condo

A good portion of these short sales are in the Miraval Condominium Complex.  Miraval is a Luxury condo complex providing nicely appointed units with great amenities in the complex.  Currently there are 5 short sale units for sale in Miraval.  One bedroom units starting at $280K and 2 bedroom units at $400K.

As for the Rivermark development currently there are only townhomes availables.  Which says alot about Rivermark and the fact that the single family home values have not been hit too hard.  Many times buyers offten ask what is a better investment a townhome or a single family home.  As you can see single family homes rarer in Rivermark have held up very well so var with all the market pressures.

For a list of active short sales and bank owned properties in the Santa Clara Rivermark area follow the link below.

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