NOT LISTED FOR SALE

Estimated Value: $3,033,000 - $4,242,000

4 Beds
3 Baths
2,370 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $3,200,000 $1,350 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $23,836/month

13 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Den
  • Mission Hill Middle School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Moran Lake Park

About This Home

As of March 2023

In close proximity to Pleasure Point and its beautiful beaches, this Santa Cruz dream property offers gorgeous ocean views, copious natural light, and opportunities to surf, paddle board, or simply place your toes in the sand. This stunning home has a flexible floor plan for use as a large single-family home or two separate units. A luxurious main level offers a designer kitchen and great room, 2 ocean-view decks, a guest bedroom, and a spa-like primary suite. The lower level has its own kitchen, 2 bedrooms, and a private entrance. This impeccable, turn-key home includes hardwood floors, custom shutters, a large garage w/ a workshop & office, and a tropical yard w/ palm trees, a hot tub, and an outdoor shower. 25th Ave is a quiet haven with no through traffic and community space for watching the surf or savoring beautiful sunsets. Live just steps away from the shore in this sought-after neighborhood for water lovers, dog owners, surfers, and those in search of the ultimate beach life.

Last Agent to Sell the Property

Michael Bloch

Christie's International Real Estate Sereno License #01382661 Listed on: 02/13/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Guy Chanda

Chanda Realty License #01304412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,851

Year Built

  • Built in 1969

Lot Details

  • 3,920 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R-1-4-PP

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Den
  • Workshop
  • Laminate Flooring
  • Ocean Views
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Above Ground Spa
  • Balcony

Utilities

  • Forced Air Heating System
  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 028-234-14-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,851

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 54
  • Listing Class: Residential
  • Structure Sq Ft: 2370
  • Year Built: 1969
  • Zoning Description: R-1-4-PP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Insert
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 2370
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Laminate
  • Additional Rooms: Office Area, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower over Tub - 1, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa - Above Ground
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Wood
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Inverted Floor Plan, Skylight

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 028-234-14-000
  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3920.00

Green Features

  • Energy Features: Double Pane Windows

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
Feb 13, 2023
Closed on
Mar 7, 2023
Sold by
Cory And Katheryn Mcelwee Living Trust
Bought by
Andrew Family Revocable Trust
Seller's Agent
Michael Bloch
Christie's International Real Estate Sereno
Buyer's Agent
Guy Chanda
Chanda Realty
List Price
$3,450,000
Sold Price
$3,200,000
Premium/Discount to List
-$250,000
-7.25%
Views
9
Current Estimated Value
$3,777,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,482
Avg. Annual Appreciation
6.81%
Original Mortgage
$2,200,000
Outstanding Balance
$2,129,866
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,620,521

Purchase Details

Closed on
Jul 21, 2016
Sold by
Mcelwee Cory L and Mcelwee Katheryn J
Bought by
Mcelwee Cory L and Mcelwee Katheryn J

Purchase Details

Closed on
Mar 5, 2012
Sold by
Brown Randall S and Brown Traci K
Bought by
Mcelwee Cory L and Mcelwee Katheryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Brown Randall S and Brown Traci K
Bought by
Brown Randall S and Brown Traci K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2001
Sold by
Trustee Sundermeyer Niels F and Patr Sundermeyer Niels F
Bought by
Brown Randall S and Brown Traci K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.08%
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
Andrew Family Revocable Trust $3,200,000 Old Republic Title Company
Mcelwee Cory L -- None Available
Mcelwee Cory L $1,244,000 Stewart Title Of California
Brown Randall S -- --
Brown Randall S $765,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrew Family Revocable Trust $2,200,000
Previous Owner Mcelwee Cory L $500,000
Previous Owner Mcelwee Cory L $400,000
Previous Owner Brown Randall S $200,000
Previous Owner Brown Randall S $100,000
Previous Owner Brown Randall S $568,000
Previous Owner Brown Randall S $568,000
Previous Owner Brown Randall S $440,000
Previous Owner Sundermeyer Niels F $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $3,200,000 -7.2% $1,350 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $3,450,000 -- $1,456 / 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 $37,851 $3,329,280 $2,663,424 $665,856
2023 $17,695 $1,499,688 $1,050,337 $449,351
2022 $17,300 $1,470,282 $1,029,742 $440,540
2021 $16,821 $1,441,453 $1,009,551 $431,902
2020 $16,654 $1,426,672 $999,199 $427,473
2019 $16,285 $1,398,699 $979,607 $419,092
2018 $16,004 $1,371,273 $960,399 $410,874
2017 $15,724 $1,344,386 $941,568 $402,818
2016 $15,402 $1,318,026 $923,106 $394,920
2015 $15,246 $1,298,228 $909,240 $388,988
2014 $15,036 $1,272,797 $891,429 $381,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81918704

MLSListings

APN: 028-234-14-000