NOT LISTED FOR SALE

1040 Summit Rd Watsonville, CA 95076

2 Beds
3 Baths
2,351 Sq Ft
30 Acres

Last Sold December 13, 2019

Last sale price $1,445,000 $615 Per Sq Ft

51 Days on Market

Highlights

  • Ocean View
  • Barn
  • Horse Property
  • Christopher High School Rated A-
  • Stables
  • 30 Acre Lot

About This Home

As of December 2019

Listed BELOW appraised value! This is a once in a lifetime property. Here you can homestead, grow crops, raise animals, ride and train horses, just about anything you want. Perfect for a family compound or a retreat. Lovingly maintained main house has 2 bedrooms plus office and ocean views from every room. Guesthouse is 2 beds, 2 baths and was remodeled in 2016. Third home is a 1 bedroom trailer giving you additional space for family/guests. There is a 40x60 workshop, full equestrian facility and 1.5 acre hobby vineyard of Syrah grapes. An estate property that you'll enjoy for decades and must be seen to be appreciated! If you're desiring peace & quiet, views that inspire and a property you will cherish, this is it! Equestrian facility features: 3000 sq ft barn with tack room, tie rails, 8- 12x16 stalls with runs, hay storage, a 60 ft round pen, 190x75 sand arena and riding trails! All measurements are approximate.

Last Agent to Sell the Property

Denean Richards

Coldwell Banker Realty License #01995846 Listed on: 07/28/2019

Coldwell Banker Realty

Co-Listed By

Brittany Walker

Coldwell Banker Realty License #01974651

Last Buyer's Agent

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,645

Year Built

  • 1998

Lot Details

  • 30 Acre Lot
  • West Facing Home
  • Property is Fully Fenced
  • Chain Link Fence
  • Lot Has A Rolling Slope

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Ridge
  • Mountain
  • Hills
  • Forest
  • Valley

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,351 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Separate Family Room
  • Dining Area
  • Den
  • Loft
  • Workshop
  • Laundry Room

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Horse Property
  • Boarding Facilities
  • Deck

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Paddocks
  • Hay Storage
  • Round Pen
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Power Generator
  • Propane
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,645

Year Built

1998

Lot Details

0

Listing Details

  • Zoning: HS-SR
  • Subclass: Single Family Home
  • Age: 21
  • Listing Class: Residential
  • Structure Sq Ft: 2351
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Stove
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Island
  • Fireplace: Yes
  • Living Sq Ft: 2351
  • Stories: 2
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Loft, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Stall Shower, Updated Bath

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Forest / Woods, Hills, Mountains, Ocean, Ridge, Valley
  • Yard/Grounds: Deck, Fenced
  • Horse Property: Yes
  • Fencing: Chain Link, Complete Perimeter
  • Horse Property Description: Arena, Barn, Barn Amenities, Boarding Stable, Fenced, Hay Storage, Paddocks, Pasture, Riding Trails, Round Pen, Stalls, Trailer Storage, Wash Rack
  • Property Faces: West
  • Pool: Spa - Cover, Spa / Hot Tub
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • School District: Gilroy Unified
  • High School: Christopher High School
  • High School: 2592

Lot Info

  • Lot Description: Grade - Rolling
  • Lot Acres: 30.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1306800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1306800.00

Multi Family

  • Utilities: Generator, Individual Electric Meters, Propane On Site
  • Second Unit Description: Mobile homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2019
Closed on
Dec 11, 2019
Sold by
Tucker Robert W and Tucker Shelley
Bought by
Schaefer Jason and Schaefer Almita
Seller's Agent
Denean Richards
Coldwell Banker Realty
Buyer's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
List Price
$1,499,000
Sold Price
$1,445,000
Premium/Discount to List
-$54,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Outstanding Balance
$644,958
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Tucker Robert W and Tucker Shelley
Bought by
Tucker Family Trust

Purchase Details

Closed on
May 15, 2012
Sold by
Tucker Robert W
Bought by
Tucker Robert W and Tucker Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Tucker Shelley
Bought by
Tucker Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 1999
Sold by
Dean Kathy L
Bought by
Tucker Robert W and Tucker Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1994
Sold by
Gombas Nicholas G
Bought by
Dean Kathy L

Purchase Details

Closed on
Aug 3, 1994
Sold by
Vandenhaak Claudia A
Bought by
Dean Kathy L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schaefer Jason $1,445,000 Chicago Title Company
Tucker Robert W -- Chicago Title Company
Tucker Family Trust -- None Available
Tucker Robert W -- First American Title Company
Tucker Robert W -- First American Title Co
Tucker Robert W -- Commonwealth Land Title Co
Dean Kathy L -- Santa Clara Land Title Co
Dean Kathy L $191,500 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Jason $722,500
Previous Owner Tucker Robert W $500,000
Previous Owner Tucker Robert W $250,000
Previous Owner Tucker Robert W $625,000
Previous Owner Tucker Robert W $250,000
Previous Owner Tucker Robert W $560,000
Previous Owner Tucker Robert W $450,000
Previous Owner Dean Kathy L $250,000
Closed Tucker Robert W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $1,445,000 -3.6% $615 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $1,499,000 -- $638 / 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
2024 $13,645 $1,186,924 $543,604 $643,320
2023 $13,470 $1,163,652 $532,946 $630,706
2022 $13,245 $1,140,837 $522,497 $618,340
2021 $12,914 $1,118,468 $512,252 $606,216
2020 $12,602 $1,107,000 $507,000 $600,000
2019 $15,573 $1,446,701 $912,524 $534,177
2018 $15,582 $1,418,335 $894,632 $523,703
2017 $15,455 $1,390,526 $877,091 $513,435
2016 $14,300 $1,346,752 $841,029 $505,723
2015 $13,899 $1,304,587 $810,407 $494,180
2014 $13,915 $1,258,140 $773,640 $484,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81762327

MLSListings

APN: 756-51-005