NOT LISTED FOR SALE

1040 Hope Way Santa Cruz, CA 95062

Live Oak Neighborhood

Estimated Value: $1,538,000 - $1,651,466

4 Beds
2.5 Baths
2,228 Sq Ft
$719/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $1,300,000 $583 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,138/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Victorian Architecture
  • Mission Hill Middle School Rated A-
  • Wood Flooring
  • Park or Greenbelt View

About This Home

As of December 2022

Big price reduction! Welcome to Hope Way, where you'll feel like you are in the country but are only a short walk to the upper yacht harbor. This home is situated on a private road with only two other homes on the edge of Midtown. The upstairs has three bedrooms, one and a half baths, and a walk-in attic. The living room flows into a recently remodeled kitchen and new appliances. High ceilings expand the space throughout every room, and skylights bring in lots of natural light. Downstairs offers an additional bedroom, bathroom, laundry area, and garage. This layout gives you many possibilities. Outside you will find a relaxing back deck with a beautiful green grassy area to enjoy. This home is move-in ready, come and see for yourself! Check out the website 1040HopeWay.com.

Last Agent to Sell the Property

Julian Sekon

eXp Realty of California Inc License #02126582 Listed on: 10/01/2022

eXp Realty of California Inc

Last Buyer's Agent

Celeste Faraola

Schooner Realty License #01077450

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,270

Year Built

  • Built in 1950

Lot Details

  • 5,881 Sq Ft Lot
  • Fenced
  • Zoning described as R-1-6

Parking

  • 1 Car Garage

Home Design

  • Victorian Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,228 Sq Ft Home
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Separate Family Room
  • Dining Area
  • Park or Greenbelt Views
  • Quartz Countertops
  • Washer and Dryer
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 026-302-32-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,270

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 2228
  • Year Built: 1950
  • Zoning Description: R-1-6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Oven Range - Built-In, Gas, Skylight
  • Living Sq Ft: 2228
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Wood
  • Additional Rooms: Attic, Basement - Unfinished
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: Greenbelt
  • Fencing: Fenced
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 5
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Parking Area

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 026-302-32-000
  • Lot Acres: 0.1350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5881.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5881.00

Green Features

  • Energy Features: Solar Power On Grid

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Nov 22, 2022
Sold by
William And Cynthia Reid Living Trust
Bought by
Enemark Allan and Enemark Katie Rabbit
Seller's Agent
Julian Sekon
eXp Realty of California Inc
Buyer's Agent
Celeste Faraola
Schooner Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
61
Current Estimated Value
$1,604,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,013
Avg. Annual Appreciation
8.16%
Original Mortgage
$750,000
Outstanding Balance
$723,603
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$879,264

Purchase Details

Closed on
Jul 6, 2017
Sold by
Reid William A and Reid Cynthia B
Bought by
Reid William A and Reid Cynthia B

Purchase Details

Closed on
May 19, 2000
Sold by
Sekon Cynthia B M P Ss and Sekon Cynthia B
Bought by
Reid William A and Reid Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.08%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Enemark Allan $1,300,000 Fidelity National Title
Reid William A -- None Available
Reid William A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enemark Allan $750,000
Previous Owner Livin William $590,000
Previous Owner Reid William A $571,500
Previous Owner Reid William A $600,000
Previous Owner Reid William A $244,000
Previous Owner Reid William A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $1,300,000 -6.8% $583 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $1,395,000 -7.0% $626 / Sq Ft
10/01/2022 10/01/22 For Sale $1,500,000 -- $673 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $16,270 $1,352,520 $884,340 $468,180
2023 $5,714 $390,938 $246,460 $144,478
2022 $5,617 $383,272 $241,627 $141,645
2021 $5,367 $375,757 $236,889 $138,868
2020 $5,298 $371,904 $234,460 $137,444
2019 $5,185 $364,612 $229,863 $134,749
2018 $5,081 $357,463 $225,356 $132,107
2017 $4,979 $350,453 $220,937 $129,516
2016 $4,888 $343,581 $216,605 $126,976
2015 $4,743 $338,420 $213,351 $125,069
2014 $4,663 $331,791 $209,172 $122,619
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Julian Sekon

    eXp Realty of California Inc

    Section Image
  • Celeste Faraola

    Buyer's Agent in 2022

    Celeste Faraola

    Schooner Realty

    (831) 239-4646

    7 in this area

    44 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81909149

MLSListings

APN: 026-302-32-000

California Santa Cruz County Santa Cruz 95062 Live Oak

1040 Hope Way, Santa Cruz, CA

This home is located at 1040 Hope Way, Santa Cruz, CA 95062 since 01 October 2022 and is currently estimated at $1,602,867, approximately $719 per square foot. This property was built in 1950. 1040 Hope Way is a home located in Santa Cruz County with nearby schools including Mission Hill Middle School, Harbor High School, and Santa Cruz High School.

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