F
Seller's Agent in 2023
Frank Murphy Realty
Keller Williams Realty Santa Cruz
108 Algea St Santa Cruz, CA 95060
Lighthouse-The Circles NeighborhoodEstimated Value: $1,175,000 - $1,316,048
2
Beds
1
Bath
603
Sq Ft
$2,084/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ground Level Unit
- Workshop
- Mission Hill Middle School Rated A-
- Neighborhood Views
- Balcony
About This Home
As of May 2023Livable beach home in GREAT location. Located on a wide street with almost no traffic, just a few steps from the start of Bethany Curve Greenbelt Park & walking trail. Enjoy leisurely strolls to West Cliff Drive without surfers or walkers parking in front of your house! This vintage 2 BR classic beach bungalow on a 7,200+ ft. parcel is a semi-polished diamond in the rough. Refurbished about 15 years ago, then rented for the past 4 years, it is certainly move in ready. If you choose to improve the house or grounds, there is a world of upside potential! Senate bill 9 may allow a lot split or the adding of a duplex. Building an ADU might be an option, or adding footage to the existing home. The parcel would accommodate a LOT of increased living space. Certainly more gardens, expanding the bluestone outdoor patio, adding fruit trees and a hot tub would be wonderful. Let your imagination run wild! Buyer to confirm code compliance of all plans before purchase! Tesla EV charger in place.
Last Listed By
Frank Murphy Realty
Keller Williams Realty Santa Cruz License #70010791 Listed on: 03/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,733
Year Built
- Built in 1920
Lot Details
- 7,231 Sq Ft Lot
- West Facing Home
- Partially Fenced Property
- Wood Fence
- Level Lot
- Grass Covered Lot
- Back Yard
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Zoning described as R1
Parking
- 1 Car Detached Garage
- Electric Vehicle Home Charger
- Workshop in Garage
- Off-Street Parking
Home Design
- Bungalow
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 603 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Dining Room
- Workshop
- Neighborhood Views
Kitchen
- Microwave
- Dishwasher
- Synthetic Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
- Low Flow Toliet
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Sewer Within 50 Feet
- Cable TV Available
Additional Features
- Balcony
- Ground Level Unit
Listing and Financial Details
- Assessor Parcel Number 004-175-16-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
May 9, 2023
Sold by
Schallop Family Trust
Bought by
Bergo Rolv Alexander and Lid Viil
Seller's Agent
Frank Murphy Realty
Keller Williams Realty Santa Cruz
Buyer's Agent
Guy Giuffre
Coastwoods Real Estate
List Price
$1,259,000
Sold Price
$1,230,000
Premium/Discount to List
-$29,000
-2.3%
Total Days on Market
31
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,512
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,089,000
Outstanding Balance
$1,066,426
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$190,086
Purchase Details
Closed on
Jun 16, 2005
Sold by
Frank Robert C and Espaniola Leolani
Bought by
Schallop Michael J and Schallop Lisa B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,700
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 13, 2005
Sold by
Schallop Michael J and Schallop Lisa B
Bought by
Schallop Michael Joel and Schallop Lisa Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,700
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 10, 2003
Sold by
Frank Charles W and Frank Diane M
Bought by
Frank Robert C and Espaniola Leolani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2001
Sold by
Lorenzana Mike D and The Mike D Lorenzana Living Tr
Bought by
Frank Charles W and Frank Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
6.84%
Purchase Details
Closed on
Jul 19, 2001
Sold by
Lorenzana Mike D
Bought by
The Mike D Lorenzana Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergo Rolv Alexander | $1,230,000 | First American Title | |
| Schallop Michael J | $770,000 | Santa Cruz Title Company | |
| Schallop Michael Joel | -- | Santa Cruz Title Company | |
| Frank Robert C | -- | Santa Cruz Title Company | |
| Frank Charles W | $379,000 | Santa Cruz Title Company | |
| The Mike D Lorenzana Living Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergo Rolv Alexander | $1,089,000 | |
| Previous Owner | Schallop Michael Joel | $495,000 | |
| Previous Owner | Schallop Michael J | $615,700 | |
| Previous Owner | Frank Robert C | $305,000 | |
| Previous Owner | Frank Charles W | $303,200 | |
| Closed | Frank Robert C | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $1,230,000 | -2.3% | $2,040 / Sq Ft |
| 04/22/2023 04/22/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | For Sale | $1,259,000 | -- | $2,088 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $11,733 | $1,030,969 | $904,359 | $126,610 |
| 2022 | $11,278 | $981,473 | $860,946 | $120,527 |
| 2021 | $9,343 | $808,136 | $708,895 | $99,241 |
| 2020 | $8,753 | $753,065 | $660,587 | $92,478 |
| 2019 | $9,627 | $834,907 | $732,378 | $102,529 |
| 2018 | $9,953 | $857,619 | $752,300 | $105,319 |
| 2017 | $9,470 | $809,075 | $709,717 | $99,358 |
| 2016 | $8,470 | $749,143 | $657,144 | $91,999 |
| 2015 | $7,938 | $706,739 | $619,947 | $86,792 |
| 2014 | $7,196 | $636,702 | $558,511 | $78,191 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Guy Giuffre
Coastwoods Real Estate
(831) 566-5430
4 in this area
50 Total Sales
Map
Similar Homes in Santa Cruz, CA
Source: MLSListings
MLS Number: ML81922182
APN: 004-175-16-000
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