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2457 Hart Ave
Score
0
Santa Clara, CA

2457 Hart Ave

1.8M
3 bd • 2 ba • 1,438 sf

This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,799,999

Price/Sq.Ft

$1,252

Year Built

1955

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Desirable Location: Situated in the 'heart of Santa Clara' on a 'quiet, tree-lined street,' the property benefits from a prime location. Proximity to Pruneridge Golf Club and Maywood Park adds to its appeal. • Commuter Convenience: The property offers 'easy access to highways and expressways,' making it ideal for commuters working in Silicon Valley. This accessibility is a significant advantage in the Bay Area. • Rental Income Potential: As of 2023, a 3-bedroom property in Santa Clara can command approximately $3,750 in monthly rent. This presents a solid investment opportunity, especially given the high demand for housing in the area. • Proximity to Tech Companies: The property's location near major tech companies like Nvidia and Apple makes it highly desirable for employees in the tech industry. This proximity drives up demand and property values.

The Bad

• High Price per Square Foot: At $1251.74 per square foot, this property is significantly more expensive than the median for Santa Clara. This premium may not be justified unless the upgrades are exceptional and recent. • Moderate School Ratings: The proximity to schools is a plus, but the ratings (6/10, 5/10, 7/10) are only moderate. This could be a drawback for families prioritizing top-tier education. Compare these ratings to other schools in the area. • Limited Property Details: The lack of listed property features makes it difficult to assess the true value of the upgrades mentioned in the description. Request a detailed list of all upgrades, including dates and costs. • Pending Sale History: The pending sale on 2025-02-03 suggests a potential issue with a previous buyer. Investigate the reasons for the failed transaction to identify any underlying problems.

The Ugly

• Major Flood Risk: A flood risk of 5/10 is a significant concern. The FEMA Zone designation 'X_SHADED' and the 'CRITICAL' insurance implication indicate a high probability of flooding, potentially leading to property damage and increased insurance costs. Investigate the specific flood history of the property and surrounding area. • High Estimated Insurance Costs: The estimated annual insurance cost of $6,479.9964 is exceptionally high, primarily due to the flood risk. This significantly increases the overall cost of ownership. Obtain multiple insurance quotes and explore potential mitigation measures to reduce premiums. • Significant Price Increase: The 202.5% price increase since 2009 raises questions about the justification for the current listing price. Conduct a thorough comparative market analysis to ensure the price aligns with current market conditions and recent sales of comparable properties. • Air Quality Risk: The 'SEVERE' air quality risk (7/10) and 13 bad air days per year are concerning. This may impact outdoor activities, respiratory health, and potentially decrease the property's appeal to health-conscious buyers. Research local air quality trends and consider the long-term implications.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Tech Professionals: Given its proximity to major tech companies like Nvidia and Apple, this property is ideal for those seeking a short commute. Easy access to highways and expressways further enhances its appeal for commuters. • Families Prioritizing Education: Located within walking distance of C. W. Haman Elementary School (rated 6/10), Buchser Middle School (rated 5/10), and Santa Clara High School (rated 7/10), this home suits those valuing educational proximity. Consider the impact of school ratings on long-term property value. • Buyers Seeking Outdoor Living: The 'entertainer's backyard' with mature fruit trees offers an appealing space for relaxation and social gatherings. Those who value outdoor living and gardening will find this feature particularly attractive. • Long-Term Investment-Focused Buyers: While the initial price point is high, Santa Clara's consistent property appreciation trend makes this an appealing long-term investment. The property's 202.5% increase in value since 2009 underscores this potential.

Not For

• Buyers Sensitive to Flood Risk: The property's 'MAJOR' flood risk (5/10) and FEMA Zone designation may deter those seeking minimal flood exposure. The 'CRITICAL' insurance implication further underscores this concern. • Buyers on a Strict Budget: With a price per square foot of $1251.74 and high estimated insurance costs, this property may not suit buyers seeking affordability. The overall cost of ownership is significantly above average. • Individuals Prioritizing Air Quality: The 'SEVERE' air quality risk (7/10) and 13 bad air days per year make this property less suitable for those with respiratory sensitivities or those prioritizing clean air. • Buyers Requiring Top-Rated Schools: While the property is near schools, their ratings (6/10, 5/10, 7/10) may not meet the expectations of buyers seeking top-tier educational institutions.
Demographics
Area Median Income

$107,311

Property History

Price History
Ownership Timeline
$595,000Financed
Dec 30, 2008
Philip Williams, The Williams Family TrustMohsen Mohammadi, Nicole M Christon
Grant Deed
Standard Sale (Purchase/Resales)

Property Taxes

$8,868
2024 Tax Assessment
1.0%from previous year
Assessed Value$751,182
Tax Rate1.18%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

6.3/10
Good

Middle

5.0/10
Average

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$2,223

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