NOT LISTED FOR SALE

10988 Lake Blvd Felton, CA 95018

Estimated Value: $1,088,000 - $1,293,000

4 Beds
3 Baths
2,426 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $900,000 $371 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,417/month

117 Days on Market

Highlights

  • Art Studio
  • 0.98 Acre Lot
  • Vaulted Ceiling
  • San Lorenzo Valley High School Rated A-
  • Ridge View
  • Mud Room

About This Home

As of August 2018

PRICED WELL BELOW CURRENT LOCAL COMPARABLE SALES!! Pristine View Property, Loads of Delicious Sunshine, Flat Usable Land, Immaculate Newer Construction (2005). VERY Rare Find for Lompico/Felton! A MUST SEE! Oversized, Well Appointed 4 Bedrooms, (Including 2 Mater Suites, One On The First Floor), Kitchen, and Large High Quality Finished Bathrooms. Numerous Decks with Stunning Views Cross Canyon and above Monterey Bay to the Monterey Peninsula. Immaculately Maintained (Clean Inspection Reports). Amazing Covered Outdoor Entertaining Area Complete with Grill, Large Professional Kitchen Sinks, Fridge, adjacent to Fire Pit, Horseshoe, Darts Area. 3 Car Attached Garage, plus Abundant Boat/RV/Guest Parking. Separate County Permitted Storage Cabin with Electrical In and Connected. Massive Garden, Dog Kennel, Trails, Close to Loch Lomond Reservoir; Boating + Fishing. Surrounded by Stunning Nature. Once here, you'll never want to leave. Truly a Luxurious Resort Property. Seller is Motivated!

Last Agent to Sell the Property

Ed Dee

Compass License #01383829 Listed on: 03/01/2018

Compass

Last Buyer's Agent

Heidi Hart

California Dreaming License #01703922

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,182

Year Built

  • Built in 2005

Lot Details

  • 0.98 Acre Lot
  • Mostly Level
  • Zoning described as R-1-1AC

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ridge
  • Mountain
  • Forest
  • Valley
  • Garden

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,426 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Dining Area
  • Art Studio
  • Security Gate
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 075-291-05-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,182

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 2426
  • Year Built: 2005
  • Zoning Description: R-1-1AC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Tile, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2426
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Artist Studio, Basement - Unfinished, Laundry Room, Mud Room, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Forest / Woods, Garden / Greenbelt, Mountains, Ridge, Valley
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking, Parking Area, Room for Oversized Vehicle, Workshop in Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected, Septic Standard

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Wet Bar

Schools

  • School District: San Lorenzo Valley Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Parcel Number: 075-291-05-000
  • Lot Acres: 0.9800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42689.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42689.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: San Lorenzo Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Aug 14, 2018
Sold by
Thomas Zane Lee
Bought by
Chapin Brock and Chapin Julie
Seller's Agent
Ed Dee
Compass
Buyer's Agent
Heidi Hart
California Dreaming
List Price
$1,149,000
Sold Price
$900,000
Premium/Discount to List
-$249,000
-21.67%
Current Estimated Value
$1,174,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,913
Avg. Annual Appreciation
4.06%
Original Mortgage
$675,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Thomas Zane Lee and Robert Lee Thomas Trust
Bought by
Thomas Zane Lee

Purchase Details

Closed on
Sep 13, 2005
Sold by
Chubb Jim and Lopez Chubb Martha
Bought by
Thomas Robert Lee and Thomas Zane Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2003
Sold by
Nielsen Hans and Deno Cynthia A
Bought by
Chubb Jim and Lopez Chubb Martha

Purchase Details

Closed on
Apr 4, 1994
Sold by
Whitemen Mary Jean
Bought by
Nielsen Hans and Deno Cynthia A
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
Chapin Brock $900,000 Old Republic Title Company
Thomas Zane Lee -- None Available
Thomas Robert Lee $800,000 First American Title Co
Chubb Jim $160,000 --
Nielsen Hans $10,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapin Brock $652,500
Closed Chapin Brock $675,000
Previous Owner Thomas Robert Lee $350,000
Previous Owner Chubb Jim $296,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $900,000 +0.1% $371 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $899,000 -10.0% $371 / Sq Ft
05/09/2018 05/09/18 Price Changed $999,000 -4.8% $412 / Sq Ft
04/19/2018 04/19/18 Price Changed $1,049,000 -4.5% $432 / Sq Ft
03/18/2018 03/18/18 Price Changed $1,099,000 -4.4% $453 / Sq Ft
03/01/2018 03/01/18 For Sale $1,149,000 -- $474 / 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 $12,182 $1,003,968 $622,460 $381,508
2023 $12,191 $964,982 $598,289 $366,693
2022 $11,919 $946,061 $586,558 $359,503
2021 $11,700 $927,510 $575,056 $352,454
2020 $11,266 $918,000 $569,160 $348,840
2019 $10,704 $900,000 $558,000 $342,000
2018 $11,080 $934,733 $559,987 $374,746
2017 $10,620 $881,824 $528,290 $353,534
2016 $10,041 $794,436 $475,937 $318,499
2015 $8,614 $715,708 $428,772 $286,936
2014 $7,782 $639,627 $386,281 $253,346
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Ed Dee

    Compass

    Section Image
  • Heidi Hart

    Buyer's Agent in 2018

    Heidi Hart

    California Dreaming

    (831) 247-9410

    10 in this area

    71 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81694577

MLSListings

APN: 075-291-05-000

California Santa Cruz County Felton 95018

10988 Lake Blvd, Felton, CA

This home is located at 10988 Lake Blvd, Felton, CA 95018 since 01 March 2018 and is currently estimated at $1,188,471, approximately $489 per square foot. This property was built in 2005. 10988 Lake Blvd is a home located in Santa Cruz County with nearby schools including San Lorenzo Valley Elementary School, San Lorenzo Valley Middle School, and San Lorenzo Valley High School.

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