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989 Cherry Ln, Santa Clara, CA, 95051

3beds
2baths
1,166sqft
$1,200,000
$1,029price/sqft
$7,718/moest. monthly cost
$308,720/yrincome needed

About This Home

Welcome to 989 Cherry Lane, a charming 3-bedroom, 2-bath home situated on a spacious corner lot along a tree-lined street. Offering approximately 1,166 sq. ft. of living space on a spacious 6,000 sq. ft. lot, this home features a 2-car garage plus RV parking. Step inside to a light filled living room with large dualpane windows, high ceilings, and a wood-burning fireplace with a classic brick surround. The primary bedroom features a vaulted ceiling, walk-in closet with mirrored doors, dualpane windows, and direct backyard access. Additional highlights include central forced air and the benefit of low cost Santa Clara utilities. Conveniently located near Pomeroy Elementary, Juan Cabrillo Middle, and Santa Clara High School. Enjoy a desirable Silicon Valley location with convenient access to Apple, NVIDIA, Intel, Google, shopping, dining, parks, and major commute routes. Dont miss this exceptional opportunity!

Getting Around

72
WalkingVery Walkable
38
TransitSome Transit
67
BikeBikeable

Schools

6/10
7/10
8/10
Santa Clara High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Flat

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: DiningArea

Family Room

  • Features: KitchenFamilyRoomCombo

Features

  • Flooring: Carpet,Vinyl Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Family Room

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,166
  • Total interior livable area: 1,166 sqft

Property

Details

  • Parcel number: 29022060
  • Zoning: R1
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 6,000 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$68$816
Property Taxes $1,185$14,220
Electricity $398$4,786
Total$7,718$92,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$264,617/yr
40% on housing$231,540/yr
45% on housing$205,813/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,029This listing

vs Other Active Listings

Avg $/sqft

ZIP 95051$842
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95051$1,381
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Listed for sale$1,200,000
2022-11-24Listed for rent$3,590
2022-04-06Listing removed--
2022-02-22Listed for rent$3,590
2021-08-05Listing removed--
2021-07-21Price change$3,490
2021-07-02Listed for rent$3,600
2020-06-05Listing removed$3,500
2020-05-08Listed for rent$3,500
2016-05-19Sold$896,000
2016-04-13Pending sale$799,000
2016-04-04Price change$799,000
2016-03-12Pending sale$850,000
2016-03-12Listed for sale$850,000

Pre-Foreclosure - For Sale by Agent

AgentAndy Tse
BrokerageIntero Real Estate Services

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