NOT LISTED FOR SALE

110 Crest Dr Watsonville, CA 95076

Estimated Value: $3,155,000

5 Beds
2 Baths
1,500 Sq Ft
$2,103/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $3,750,000 $2,500 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $19,366/month

309 Days on Market

Highlights

  • 30.01 Acre Lot
  • Open to Family Room
  • Views
  • Aptos High School Rated A-
  • <<tubWithShowerToken>>
  • Agricultural

About This Home

As of July 2023

The right properties have flexibility designed into them. As your needs shift, your property pivots with you. These right properties are rare but thankfully, we have one of the best ocean view, acreage properties on the Monterey Bay, that is also extremely versatile and has a lucrative investment upside. Here at 110 Crest Drive in La Selva Beach, we have three separate parcels totaling 30 acres, that currently are developed as an agricultural based rental property with cabins that sleep 10. Whether you envision this land as an ocean view family enclave, or foresee yourself building spec houses on the separate parcels, we think this land provides versatility for your financial wellbeing for generations to come.

Last Agent to Sell the Property

Charles Allen

KW Thrive Santa Cruz License #00357826 Listed on: 06/29/2022

KW Thrive Santa Cruz

Co-Listed By

The Portola Group

KW Thrive Santa Cruz License #70010159

Last Buyer's Agent

Paul Zech

Coldwell Banker Realty License #01883107

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,691

Year Built

  • Built in 1975

Lot Details

  • 30.01 Acre Lot
  • Southwest Facing Home
  • Lot Has A Rolling Slope
  • Irrigation
  • Mostly Level
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as CA

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Property Views
  • Unfinished Basement

Kitchen

  • Open to Family Room
  • Gas Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • 20 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Agricultural Well Water Source
  • Well
  • Septic Tank

Additional Features

  • Agricultural
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 046-271-22; 046-271-21; 046-271-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,691

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 47
  • Listing Class: Residential
  • Structure Sq Ft: 1500
  • Year Built: 1975
  • Zoning Description: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1500
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Combination
  • Roof: Composition
  • Horse Property: Possible
  • Horse Property Description: Pasture - Irrigated, Unimproved
  • Property Faces: Southwest
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 20
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Agricultural Use, Grade - Mostly Level, Grade - Rolling, Possible Lot Split, Views
  • Parcel Number: 046-271-22; 046-271-21; 046-271-23
  • Lot Acres: 30.0060
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1307062.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1307062.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 31, 2023
Sold by
Corrigan Stephanie
Bought by
Corrigan Erik
Seller's Agent
Charles Allen
KW Thrive Santa Cruz
Buyer's Agent
Paul Zech
Coldwell Banker Realty
List Price
$4,000,000
Sold Price
$3,750,000
Premium/Discount to List
-$250,000
-6.25%
Views
75
Current Estimated Value
$3,155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$595,000
Avg. Annual Appreciation
-3.79%
Original Mortgage
$2,000,000
Outstanding Balance
$1,970,199
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$1,496,801

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 5, 2023
Sold by
Kitayama Bros Inc
Bought by
Corrigan Erik
Seller's Agent
Charles Allen
KW Thrive Santa Cruz
Buyer's Agent
Paul Zech
Coldwell Banker Realty
List Price
$4,000,000
Sold Price
$3,750,000
Premium/Discount to List
-$250,000
-6.25%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,970,199
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$1,496,801

Purchase Details

Closed on
Oct 30, 2015
Sold by
Greenleaf Wholesale Florist Inc
Bought by
Kitayama Bros Inc

Purchase Details

Closed on
Apr 1, 2003
Sold by
Kitayama Bros Inc
Bought by
Kitayama Bros Inc
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
Corrigan Erik -- Stewart Title
Corrigan Erik $3,500,000 Stewart Title
Kitayama Bros Inc $1,250,000 Stewart Title Of Ca Inc
Kitayama Bros Inc -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrigan Erik $2,000,000
Previous Owner Kitayama Bros Inc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $3,750,000 0.0% $2,500 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/23/2023 04/23/23 Price Changed $3,750,000 +7.1% $2,500 / Sq Ft
01/02/2023 01/02/23 Price Changed $3,500,000 -12.5% $2,333 / Sq Ft
01/02/2023 01/02/23 For Sale $4,000,000 +6.7% $2,667 / Sq Ft
01/02/2023 01/02/23 Off Market $3,750,000 -- --
06/29/2022 06/29/22 For Sale $4,000,000 -- $2,667 / 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
2023 $22,691 $2,032,222 $876,810 $1,155,412
2022 $22,301 $1,992,374 $859,618 $1,132,756
2021 $21,827 $1,953,308 $842,763 $1,110,545
2020 $21,509 $1,933,279 $834,121 $1,099,158
2019 $21,147 $1,895,372 $817,766 $1,077,606
2018 $20,623 $1,858,208 $801,731 $1,056,477
2017 $16,315 $1,441,400 $885,598 $555,802
2016 $15,895 $1,413,138 $868,234 $544,904
2015 $15,731 $1,391,912 $855,192 $536,720
2014 $15,399 $1,364,646 $838,440 $526,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81898349

MLSListings

APN: 046-271-22-000