NOT LISTED FOR SALE

101 Grove Ln Capitola, CA 95010

Estimated Value: $3,855,000 - $4,968,703

4 Beds
4 Baths
3,021 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $3,075,000 $1,018 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $25,676/month

194 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Primary Bedroom Suite
  • Main Street Elementary School Rated A-
  • Private Pool
  • 0.47 Acre Lot

About This Home

As of December 2017

Stunning home on a huge, gated ***private*** lot with unobstructed 180 degree, "jaw dropping" panoramic views overlooking the Monterey Bay from Seacliff State Beach--all the way to Pacific Grove and Pebble Beach! Originally built in the 1950's, this home was taken down to the studs and essentially rebuilt in 2007. With 3000+ square feet, its open living room, dining room, and kitchen, give a truly spectacular dining/living experience for you. For those quiet moments there's a fully enclosed solarium that looks out on the sea. With 4 bedrooms and 4 full baths, there is more than enough room for family and friends. An expansive patio, including an artist's studio, will allow you to entertain with ease, or just take in the view in peace from your hot tub. On a semi-private drive there is little or no traffic. A two-car garage with an ample driveway will ensure ample parking for family and friends. This home truly is one-of-a-kind. It's that special one you've been waiting to find!

Last Agent to Sell the Property

Dawn Thomas

Golden Gate Sotheby's International Realty License #01460529 Listed on: 05/30/2017

Golden Gate Sotheby's International Realty

Last Buyer's Agent

John Flaniken

David Lyng Real Estate License #01420207

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.47 Acre Lot
  • Back and Front Yard Fenced
  • Drought Tolerant Landscaping
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Bay

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,021 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Art Studio
  • Solarium
  • Alarm System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Low Flow Toliet
  • Bathtub

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 036-161-13-000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 3021
  • Incorporated: Yes
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Eat in Kitchen, Skylight
  • Kitchen: Countertop - Granite, Microwave, Oven Range - Gas, Pantry Cabinet, Refrigerator, Skylight, Trash Compactor
  • Living Sq Ft: 3021
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Primary Suite / Retreate - 2+, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Artist Studio, Solarium
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Marble, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination, Concrete Block, Concrete Slab, Pillars / Posts / Piers
  • Pool Description: Spa / Hot Tub
  • Roof: Composition
  • View: Bay, Ocean, Water, Water Front
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Fenced
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Mixed Height / Type
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Gate / Door Opener

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Lot Info

  • Lot Description: Views
  • Parcel Number: 036-161-13-000
  • Lot Acres: 0.4690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20430.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20430.00

Green Features

  • Energy Features: Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Artist Studio

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Dec 19, 2017
Sold by
Ackerman Todd L and Ackerman Susan S
Bought by
Hall Tom A and Hall Alejandra
Seller's Agent
Dawn Thomas
Golden Gate Sotheby's International Realty
Buyer's Agent
John Flaniken
David Lyng Real Estate
List Price
$4,957,000
Sold Price
$3,075,000
Premium/Discount to List
-$1,882,000
-37.97%
Current Estimated Value
$4,309,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,234
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Ackerman Todd L and Ackerman Susan S
Bought by
Ackerman Todd L and Ackerman Susan S

Purchase Details

Closed on
Mar 16, 2001
Sold by
A and Snell James C Kathleen M
Bought by
Ackerman Todd A and Ackerman Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Marsella Louis J and Marsella Alicia R
Bought by
Marsella Louis John and Marsella Alicia Rose

Purchase Details

Closed on
Aug 28, 1998
Sold by
Fazzari Jane
Bought by
Snell James C and Snell Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
5.62%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Burke Theodore E and Burke Carole J
Bought by
Fazzari Jane

Purchase Details

Closed on
Apr 28, 1995
Sold by
Beverly Addison M and Beverly Patricia A
Bought by
Fazzari Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,800
Interest Rate
5.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hall Tom A $3,075,000 Er Old Republic Title Compan
Ackerman Todd L -- --
Ackerman Todd A $1,900,000 Santa Cruz Title Company
Marsella Louis John -- --
Snell James C $785,000 Santa Cruz Title Company
Fazzari Jane $315,000 Old Republic Title Company
Fazzari Jane $644,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackerman Todd A $1,500,000
Previous Owner Snell James C $536,250
Previous Owner Fazzari Jane $450,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $3,075,000 -3.8% $1,018 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $3,195,000 -15.9% $1,058 / Sq Ft
09/07/2017 09/07/17 Price Changed $3,800,000 -12.6% $1,258 / Sq Ft
06/28/2017 06/28/17 Price Changed $4,350,000 -12.2% $1,440 / Sq Ft
05/30/2017 05/30/17 For Sale $4,957,000 -- $1,641 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $39,590 $3,498,825 $2,624,119 $874,706
2023 $38,794 $3,362,961 $2,522,221 $840,740
2022 $38,418 $3,297,021 $2,472,766 $824,255
2021 $37,559 $3,232,375 $2,424,281 $808,094
2020 $37,194 $3,199,231 $2,399,423 $799,808
2019 $36,311 $3,136,500 $2,352,375 $784,125
2018 $35,759 $3,075,000 $2,306,250 $768,750
2017 $29,247 $2,473,001 $1,480,126 $992,875
2016 $27,595 $2,424,511 $1,451,104 $973,407
2015 $27,178 $2,388,093 $1,429,307 $958,786
2014 $26,690 $2,341,314 $1,401,309 $940,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81653574

MLSListings

APN: 036-161-13-000