Sierra Crest Condos for Sale in San Jose CA: August 27, 2011

Sierra Crest Condos for Sale in San Jose CA: August 27, 2011

There are currently 19 Sierra Crest condos for sale in San Jose CA.

2 bedrooms/ 2 bathrooms with 922 square feet of living space:

  •  11 total condos
    • 1 (9%) normal sale
    • 1 (9%) REO/ bank owned
    • 9 (82%) short sales
  • 8 of the 11 condos are in “sale pending” statuses
    • “Sale pending” means the seller has accepted an offer but the transaction has not closed yet, and could possibly go back on the market if the buyer backs out due to financing, property condition, bank does not approve the short sale, or other issues.
  • Average List Price: $232,972
  • Median List Price: $237,000
  • Average Days on the Market: 98

1 bedroom/ 1 bathroom with 658 square feet of living space:

  • 8 total condos
    • 100% short sales
  • All 8 condos are in “sale pending” statuses
  • Average List Price: $161,250
  • Median List Price: $163,000
  • Average Days on the Market: 162

 *Above data obtained from MLS Listings.

Sierra Crest was originally built in 1988. It consists of 19 buildings with a total of 332 units. This complex is in a prime location, close to 280 and 17/880 freeways, shopping and restaurants (Santana Row and Westfield Valley Fair Mall) and hospitals (O’Connor Hospital and Santa Clara Valley Medical Center).

For questions regarding selling or buying a condo/home in San Jose, CA or in any surrounding areas, please call (408) 410-5628 or send an e-mail to

Trang Beuschlein has been helping those selling or buying San Jose CA Real Estate for years, providing first-class service. When you need a full-time and experienced San Jose CA real estate agent who can sell your home for top dollars in the least amount of time or who can negotiate the best deal for your new home, you can count on Trang Beuschlein. If you are looking for a service oriented San Jose real estate agent or for a list of San Jose CA Homes for Sale, please call (408) 410-5628 or send an e-mail to

BKR Realty

CA DRE Broker License #01453711


What Are Tax Implications When Selling San Jose CA Real Estate?

In general, if you have a gain from the sale of real estate in San Jose CA, you may be able to qualify to exclude all or a part of that gain from your income.
 
How do I qualify?
  • The home must be your primary residence.
  • You must have owned and used the home as your primary residence for two out of the five years prior to the sale date.
  • You must have not excluded a gain from the sale of another home during the two-year period prior to the sale of this home.

How much of the gain can I exclude from my income?

  • You may be able to exclude up to $250,000 of the gain from your income (or up to $500,000 on a joint return).
  • If you can exclude all of the gain, you do not need to report the sale on your tax return.
  • If you have a gain that cannot be excluded, it is taxable and must be reported on Form 1040, Schedule D, Capital Gains and Losses.
  • If you have more than one home, you can exclude a gain only from the sale of your main home. You must pay tax on the gain from the sale of any other home. If you have two homes and live in both of them, your main home is the one you live in most of the time.

What if I received a first-time homebuyer credit when I purchased the San Jose CA real estate property?

  • If you received the first-time homebuyer credit and within 36 months of the date of purchase, the property is no longer used as your principal residence, you must repay the credit.
  • Repayment of the full credit is due with the income tax return for the year the home stopped being your principal residence, using Form 5405, First-Time Homebuyer Credit and Repayment of the Credit.
  • The full amount of the credit is shown as additional tax on that year’s tax return.

What if I have a loss when I sell San Jose CA real estate?

  • If you have a loss from the sale of San Jose CA real estate, you cannot deduct it.

This is NOT to be construed as legal or tax advice.  Please consult with your attorney and/or CPA for your situation to see if you qualify.

Trang Beuschlein specializes in Campbell and San Jose CA Real Estate sales but also services the rest of Santa Clara County, including Cupertino, Los Gatos, Milpitas, Mountain View, Palo Alto, Santa Clara, Saratoga and Sunnyvale.  Trang will be that San Jose CA Real Estate Agent who will look out for your best interests, provide you with first-class service, and negotiate the best deal for your home when buying or selling.  If you are interested in a list of homes for sale in San Jose CA or in any other community in Santa Clara County, please contact her at (408) 410-5628 or
CA DRE Broker License #01453711


How To Protect Your San Jose CA Home When You Go On Vacation

How To Protect Your San Jose CA Home When You Go On Vacation

Before you go on vacation, make sure you take preventive measures to protect your San Jose CA home from burglary.  If you can ask someone to house sit, that would be the ideal situation.  Since that is not possible for most people, here are some tips to keep in mind so you can leave for your vacation with peace of mind:

    • Have a nearby family member or trusted friend/neighbor pick up your mail and newspapers instead of stopping the services.
    • Ask a nearby family member or trusted friend/neighbor to take out your garbage and recycle cans for garbage pickup day.
    • Install light timers in your home to give the illusion that someone is at home.  You can go to a home improvement store to purchase a light timer if you don’t have one already.
    • Turn off your home phone ringer or forward all your home phone calls.
    • If you don’t have regular lawn maintenance service, arrange to have your yard taken care of by a family member or trusted friend/neighbor.

Trang Beuschlein specializes in Campbell and San Jose CA Real Estate sales but also services the rest of Santa Clara County, including Cupertino, Los Gatos, Milpitas, Mountain View, Palo Alto, Santa Clara, Saratoga and Sunnyvale.  Trang will be that San Jose CA Real Estate Agent who will look out for your best interests, provide you with first-class service, and negotiate the best deal for your home whether it be in buying or selling.  If you are interested in a list of homes for sale in San Jose CA or a list of homes for sale in any other community in Santa Clara County, please contact her at (408) 410-5628 or

CA DRE Broker License #01453711

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