NOT LISTED FOR SALE

108 Algea St Santa Cruz, CA 95060

Lighthouse-The Circles Neighborhood

Estimated Value: $1,114,000 - $1,234,561

2 Beds
1 Bath
603 Sq Ft
$1,960/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,230,000 $2,040 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,614/month

31 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Workshop
  • Mission Hill Middle School Rated A-
  • Neighborhood Views
  • Balcony

About This Home

As of May 2023

Livable 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 Agent to Sell the Property

Frank Murphy Realty

KW Thrive Santa Cruz License #70010791 Listed on: 03/21/2023

Last Buyer's Agent

Guy Giuffre

Coastwoods Real Estate License #01393931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,087

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,087

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 103
  • Listing Class: Residential
  • Structure Sq Ft: 603
  • Incorporated: Yes
  • Year Built: 1920
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Synthetic, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 603
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance
  • Fencing: Mixed Height / Type, Partial Fencing, Wood
  • Property Faces: West
  • Construction Type: Vinyl Siding, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Off-Street Parking, Room for Oversized Vehicle, Workshop in Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Schools

  • School District: Santa Cruz City High
  • Elementary School: Bay View Elementary
  • Middle School: Mission Hill
  • High School: Santa Cruz High
  • High School: 852
  • Elementary School: 841
  • Middle School: 37458

Lot Info

  • Lot Description: Grade - Level, Ground Floor, Possible Lot Split
  • Parcel Number: 004-175-16-000
  • Lot Acres: 0.1660
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7231.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7231.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Bay View Elementary
  • High School Text: Santa Cruz High
  • Middle School Text: Mission Hill

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
KW Thrive 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%
Views
82
Current Estimated Value
$1,181,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,110
Avg. Annual Appreciation
-1.73%
Original Mortgage
$1,089,000
Outstanding Balance
$1,060,674
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$121,216

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
Source: Public Records

Range of Values:

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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
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

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 $14,087 $1,279,692 $1,087,738 $191,954
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

  • F

    Seller's Agent in 2023

    Frank Murphy Realty

    KW Thrive Santa Cruz

  • G

    Buyer's Agent in 2023

    Guy Giuffre

    Coastwoods Real Estate

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Map

Source: MLSListings

MLS Number: ML81922182

MLSListings

APN: 004-175-16-000

California Santa Cruz County Santa Cruz 95060 Lighthouse-The Circles

108 Algea St, Santa Cruz, CA

This home is located at 108 Algea St, Santa Cruz, CA 95060 since 21 March 2023 and is currently estimated at $1,181,890, approximately $1,960 per square foot. This property was built in 1920. 108 Algea St is a home located in Santa Cruz County with nearby schools including Bay View Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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