Real Estate Transactions
Silicon Valley
Find Silicon Valley home sales at www.mercurynews.com/real-estate-news
All transactions are available online.
ATHERTON 94027
Gate, $3,200,000 03-12-2020 2624 SF 5 BR 4 BTH
BURLINGAME 94010
Easton Dr, $5,528,000 03-13-2020 1910 SF 3 BR 1 BTH
El Camino Real D, $1,395,000 03-13-2020 1336 SF 2 BR 2 BTH
Oak Grove Ave 203, $946,000 03-13-2020 1052 SF 2 BR 2 BTH
Westmoor Rd, $1,580,000 03-12-2020 1320 SF 2 BR 1 BTH
CAMPBELL 95008
1st St, $1,275,000 04-01-2020 1197 SF 3 BR 2 BTH
Apricot Ave A, $775,000 03-25-2020 1065 SF 2 BR 2 BTH
Mcbain Ave, $1,683,000 04-01-2020 2502 SF 6 BR 5 BTH
Peggy Ave, $1,350,000 03-25-2020 932 SF 2 BR 1 BTH
Whitwood Ln, $2,075,000 03-25-2020 3348 SF 0 BR 0 BTH
COLMA 94014
2nd Ave, $948,000 03-13-2020 1350 SF 3 BR 3 BTH
CUPERTINO 95014
Hyde Ave, $1,394,500 03-25-2020 1432 SF 4 BR 2 BTH
Larry Way, $1,650,000 04-01-2020 1388 SF 3 BR 1 BTH
Macadam Ln, $2,100,000 03-30-2020 1849 SF 4 BR 2 BTH
Salem Ave, $2,725,000 03-30-2020 3262 SF 0 BR 0 BTH
Tuggle Ave, $2,660,000 03-30-2020 2243 SF 4 BR 3 BTH
Wunderlich Dr, $2,588,000 03-26-2020 1820 SF 3 BR 2 BTH
DALY CITY 94015
90th St, $1,850,000 03-12-2020 5662 SF 8 BR 4 BTH
Callan Blvd, $1,300,000 03-13-2020 1300 SF 3 BR 2 BTH
Gellert Blvd, $1,100,000 03-13-2020 1160 SF 3 BR 2 BTH
Mayfair Ave, $1,360,000 03-13-2020 1230 SF 2 BR 2 BTH
EAST PALO ALTO 94303
University Ave 320, $500,000 03-13-2020 1201 SF 2 BR 2 BTH
EMERALD HILLS 94062
Summit Dr, $1,910,000 03-13-2020 1810 SF 3 BR 2 BTH
FOSTER CITY 94404
De Soto Ln, $1,569,000 03-13-2020 1790 SF 3 BR 2 BTH
GILROY 95020
Church St, $725,000 04-01-2020 1581 SF 3 BR 2 BTH
Cruden Bay Way, $880,000 03-26-2020 2333 SF 4 BR 3 BTH
Greenfield Dr, $860,000 04-01-2020 2746 SF 4 BR 3 BTH
Larkspur Ln, $1,324,000 03-26-2020 3396 SF 3 BR 2 BTH
Poplar Dr, $755,000 04-01-2020 1652 SF 3 BR 2 BTH
Stratford Pl, $765,000 03-25-2020 2948 SF 4 BR 2 BTH
Thayer Ct, $755,000 03-25-2020 1474 SF 4 BR 2 BTH
Valley Forge Dr, $825,000 03-25-2020 2014 SF 4 BR 2 BTH
HILLSBOROUGH 94010
Bridge Rd, $3,100,000 03-13-2020 3170 SF 4 BR 3 BTH
LOS ALTOS 94022
El Camino Real, $1,695,000 03-26-2020 1980 SF 0 BR 0 BTH
El Camino Real, $3,025,000 03-26-2020 1980 SF 0 BR 0 BTH
El Camino Real, $504,000 03-30-2020 1980 SF 0 BR 0 BTH
Marcelli Cir, $2,200,000 04-01-2020 1565 SF 3 BR 2 BTH
Mercedes Ave, $2,517,500 03-30-2020 1762 SF 3 BR 1 BTH
LOS ALTOS 94024
Alford Ave, $4,100,000 04-01-2020 3057 SF 4 BR 3 BTH
Colleen Dr, $3,170,000 03-27-2020 2535 SF 4 BR 2 BTH
Esberg Rd, $4,850,000 03-27-2020 1008 SF 2 BR 1 BTH
Golden Way, $3,720,000 03-25-2020 2407 SF 4 BR 2 BTH
Payne Dr, $2,680,000 03-25-2020 1448 SF 4 BR 2 BTH
Summerhill Ave, $6,348,000 03-30-2020 2349 SF 4 BR 2 BTH
LOS ALTOS HILLS 94022
Ortega Dr, $4,000,000 03-27-2020 2213 SF 3 BR 2 BTH
Summit Wood Rd, $2,715,000 03-25-2020 2424 SF 2 BR 3 BTH
LOS GATOS 95030
Harding Ave, $1,756,000 03-27-2020 1660 SF 2 BR 1 BTH
Los Robles Way, $6,000,000 03-30-2020 5467 SF 5 BR 5 BTH
Mill Rise Way, $4,325,000 03-25-2020 3928 SF 4 BR 4 BTH
Reservoir Rd, $4,350,000 04-01-2020 3959 SF 4 BR 5 BTH
Summit Way, $2,580,000 03-26-2020 3676 SF 4 BR 3 BTH
LOS GATOS 95032
Adrian Pl, $1,815,000 04-01-2020 2100 SF 3 BR 2 BTH
Amber Oak Ct, $1,260,000 04-01-2020 1308 SF 3 BR 2 BTH
Barbara Dr, $1,365,000 04-01-2020 1272 SF 3 BR 2 BTH
Hicks Rd, $900,000 04-01-2020 1275 SF 2 BR 2 BTH
LOS GATOS 95033
Brush Rd, $2,500,000 03-26-2020 4478 SF 5 BR 3 BTH
Madrone Dr, $1,850,000 03-25-2020 4123 SF 5 BR 3 BTH
Summit Rd, $1,650,000 03-27-2020 2625 SF 3 BR 2 BTH
MENLO PARK 94025
Camino A Los Cerros, $2,910,000 03-12-2020 1950 SF 3 BR 2 BTH
Hermosa Way, $3,850,000 03-13-2020 2620 SF 2 BR 2 BTH
Linfield Dr, $2,400,000 03-12-2020 1819 SF 4 BR 3 BTH
MILLBRAE 94030
Crestview Dr, $1,750,000 03-12-2020 1960 SF 4 BR 2 BTH
Robin Ln, $1,460,000 03-13-2020 1240 SF 3 BR 2 BTH
MILPITAS 95035
Abel St 421, $735,000 03-30-2020 1108 SF 2 BR 2 BTH
Adams Ave, $1,050,000 04-01-2020 1771 SF 3 BR 2 BTH
Barcelona Loop, $1,050,000 03-30-2020 1861 SF 3 BR 3 BTH
Braly Ave, $1,000,000 03-27-2020 1288 SF 3 BR 2 BTH
French Ct, $1,475,000 03-30-2020 1946 SF 4 BR 2 BTH
Hearst Dr, $925,000 03-30-2020 1774 SF 2 BR 2 BTH
Heath St, $910,000 03-27-2020 1253 SF 3 BR 2 BTH
Krismer St, $347,500 03-30-2020 2199 SF 5 BR 3 BTH
Lacey Dr, $1,410,000 03-30-2020 2123 SF 4 BR 2 BTH
Luz Del Sol Loop, $1,039,000 03-30-2020 1810 SF 3 BR 2 BTH
Rodrigues Ave, $1,280,000 03-27-2020 2001 SF 4 BR 2 BTH
Temple Dr, $612,000 03-26-2020 976 SF 2 BR 1 BTH
Tempo Ln, $1,450,000 03-26-2020 2250 SF 4 BR 3 BTH
Tranquility Pl, $1,085,000 04-01-2020 1764 SF 4 BR 3 BTH
Yellowstone Ave, $1,727,000 03-27-2020 2745 SF 4 BR 4 BTH
MONTE SERENO 95030
Blanchard Dr, $2,985,000 04-01-2020 1144 SF 3 BR 2 BTH
MORGAN HILL 95037
Berkshire Dr, $775,000 04-01-2020 1374 SF 3 BR 2 BTH
Brega Ln, $543,000 03-25-2020 1104 SF 2 BR 2 BTH
Carriage Lamp Way, $880,000 04-01-2020 1445 SF 3 BR 2 BTH
Cimarron Dr, $905,000 03-27-2020 1582 SF 4 BR 2 BTH
Clayton Ave, $2,000,000 04-01-2020 5099 SF 5 BR 3 BTH
Dill Ln, $760,000 04-01-2020 1809 SF 3 BR 2 BTH
Garlic Ave, $1,061,500 03-30-2020 2012 SF 3 BR 2 BTH
Jasmine Way, $751,000 03-26-2020 1160 SF 3 BR 2 BTH
La Via Azul Ct, $1,190,000 03-30-2020 2917 SF 5 BR 3 BTH
Mason Ln, $660,000 04-01-2020 1175 SF 2 BR 2 BTH
Mira Bella Cir, $1,270,000 03-26-2020 2807 SF 5 BR 3 BTH
Pine Way, $760,000 03-26-2020 1220 SF 3 BR 2 BTH
Serra Avenida, $456,000 04-01-2020 1648 SF 4 BR 2 BTH
Sorrel Way, $535,000 03-30-2020 1104 SF 2 BR 2 BTH
Sword Dancer Ct, $853,000 03-30-2020 2145 SF 3 BR 2 BTH
Zinfandel Cir, $1,160,000 03-25-2020 2486 SF 4 BR 2 BTH
MOUNTAIN VIEW 94040
Levin Ave, $2,750,000 03-27-2020 2145 SF 3 BR 2 BTH
Mansfield Dr, $2,800,000 03-26-2020 2059 SF 3 BR 2 BTH
Preston Dr, $2,975,000 03-30-2020 2398 SF 4 BR 2 BTH
MOUNTAIN VIEW 94043
Beverly St, $2,160,000 03-30-2020 1839 SF 4 BR 2 BTH
Most homeowners can expect their real estate agents to make suggestions about improving their home before selling. Now, agents are increasingly likely to also propose a way to postpone paying for improvements until after the home sells.
That’s due to the rising trend of so-called presale renovation programs beginning to pop up at such realty firms as Compass, Coldwell Banker, Keller Williams and Redfin. Terms vary, but the basic model is that brokerages advance money, based upon the current equity — or value of the home that’s not mortgaged. An owner with a home estimated at $300,000 with a $100,000 mortgage balance has $200,000 equity.
Presumably, after improvements, the home will sell faster and for more money.
Brendon Desimone, the author of “Next Generation Real Estate” and an agent with Houlihan Lawrence, New York City, emphasizes that whether a home seller pays from his own funds or pays later with cash netted from the sale, the decision must be based on a careful comparison of the condition of competing for-sale properties.
“You don’t want to spend on what’s not right for your market,” he says.
Desimone advises homeowners to visit nearby open houses or look through virtual tours to learn whether certain features, like hardwood flooring or newer bathrooms, are standard.
Curbio, an independent presale renovation company that works with brokerages in 22 cities, analyzes a vast amount of home-price data to predict the price boost from improvements, says Curbio spokesman Rikki Rogers.
“If the (improvement) costs $75,000 and the (after-improvement) sale is $275,000, that is not a good business case for us,” she says.
Indeed, home sellers should be well-informed about the interest charges on the improvement loan, the probability of fetching a higher price and whether an amount more than the presale equity could be owed.
Moreover, when the improvement is a costly, large-scale one, the risk of getting your money back is higher, says Jim Molinelli, author of “Remodel! Without Going Bonkers or Broke.”