NOT LISTED FOR SALE

118 Marine Parade Santa Cruz, CA 95062

Lower Seabright Neighborhood

Estimated Value: $1,505,000 - $2,215,000

4 Beds
2 Baths
1,531 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $1,900,000 $1,241 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,733/month

16 Days on Market

Highlights

  • 0.21 Acre Lot
  • Mission Hill Middle School Rated A-
  • Dining Room

About This Home

As of June 2023

Excellent Beach and Harbor neighborhood. Two houses on one large 9000 sq. ft. lot. Many great opportunities to remodel or build new. Live the beach lifestyle next to the Harbor, Seabright Beach, the Boardwalk, and great restaurants. First time on the market in almost 50 years. Trust sale. The property next door at 250 1st Ave is also for sale by the same owner.MLS # ML81926116. The properties may be purchased separately.

Last Agent to Sell the Property

Mike Croghan

Shaffer & Associates License #00660124 Listed on: 05/06/2023

Co-Listed By

Wayne Shaffer

Shaffer & Associates License #00431803

Last Buyer's Agent

Tom Brezsny

Christie's International Real Estate Sereno License #70010105

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,835

Year Built

  • Built in 1888

Lot Details

  • 9,017 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,531 Sq Ft Home
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 010-252-01-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,835

Year Built

Built in 1888

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 135
  • Listing Class: Residential
  • Structure Sq Ft: 1531
  • Year Built: 1888
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1531
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 010-252-01-000
  • Lot Acres: 0.2070
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9017.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9017.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Jun 16, 2023
Sold by
Jeffrey M Canepa 2012 Irrevocable Trust
Bought by
High Trees Investments Llc
Seller's Agent
Mike Croghan
Shaffer & Associates
Buyer's Agent
Tom Brezsny
Christie's International Real Estate Sereno
List Price
$1,680,000
Sold Price
$1,900,000
Premium/Discount to List
$220,000
13.1%
Views
41
Current Estimated Value
$1,804,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,838
Avg. Annual Appreciation
-0.63%
Original Mortgage
$150,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2016
Sold by
Panattoni Cheryl E and Bregante Richard J
Bought by
Hill Sandra L and Canepa 2012 Irrevoca Jeffrey M

Purchase Details

Closed on
Dec 20, 2012
Sold by
Canepa Bruce S and Panattoni Cheryl E
Bought by
Bregante Richard J and Canepa 2012 Irrevocabl Bruce S

Purchase Details

Closed on
Apr 5, 2007
Sold by
Canepa Angelo J and Canepa Lucille M
Bought by
Canepa Angelo J and Canepa Lucille M
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
High Trees Investments Llc $1,900,000 First American Title
Hill Sandra L -- None Available
Bregante Richard J -- None Available
Canepa Bruce S -- None Available
Canepa Angelo J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Trees Investments Llc $400,000
Closed High Trees Investments Llc $150,000
Open High Trees Investments Llc $799,000
Previous Owner Irrevoca Jeffrey M Canepa 2012 $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $1,900,000 +13.1% $1,241 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $1,680,000 -- $1,097 / 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 $10,835 $1,976,760 $1,950,750 $26,010
2023 $10,705 $923,242 $763,437 $159,805
2022 $10,586 $905,139 $748,468 $156,671
2021 $10,368 $887,391 $733,792 $153,599
2020 $10,288 $878,292 $726,268 $152,024
2019 $10,067 $861,071 $712,027 $149,044
2018 $9,954 $844,187 $698,066 $146,121
2017 $3,141 $230,226 $149,268 $80,958
2016 $2,990 $225,712 $146,341 $79,371
2015 $2,797 $222,322 $144,143 $78,179
2014 $2,754 $217,966 $141,319 $76,647
Source: Public Records

Agents Affiliated with this Home

  • Mike Croghan

    Seller's Agent in 2023

    Mike Croghan

    Shaffer & Associates

    (831) 818-5636

    3 in this area

    34 Total Sales

    Mike Croghan
    Section Image
  • Wayne Shaffer

    Seller Co-Listing Agent in 2023

    Wayne Shaffer

    Shaffer & Associates

    (831) 332-1084

    2 in this area

    13 Total Sales

    Wayne Shaffer
    Section Image
  • Tom Brezsny

    Buyer's Agent in 2023

    Tom Brezsny

    Sereno Group

    (831) 818-1431

    2 in this area

    230 Total Sales

    Tom Brezsny
    Section Image
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Map

Source: MLSListings

MLS Number: ML81926145

MLSListings

APN: 010-252-01-000

California Santa Cruz County Santa Cruz 95062 Lower Seabright

118 Marine Parade, Santa Cruz, CA

This home is located at 118 Marine Parade, Santa Cruz, CA 95062 since 06 May 2023 and is currently estimated at $1,804,162, approximately $1,178 per square foot. This property was built in 1888. 118 Marine Parade is a home located in Santa Cruz County with nearby schools including Gault Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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