NOT LISTED FOR SALE

141 Catalpa St Santa Cruz, CA 95062

Banana Belt Neighborhood

Estimated Value: $1,079,000 - $1,739,000

3 Beds
2 Baths
1,994 Sq Ft
$697/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $730,000 $366 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,403/month

37 Days on Market

Highlights

  • Mountain View
  • Deck
  • Level Lot
  • Mission Hill Middle School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of November 2013

Charming remodeled 2 bdrm bungalow home with newer kitchen, bthrm, bamboo fl & windows. Adjacent spacious updated 1 bdrm unit faces Melrose. Detached extra large bonus room/garage ideal for many uses. Sunny Banana Belt location walking distance to neighborhood commercial. Asian/industrial landscaping with lawn/courtyard. Live in one and rent the other, or family compound.

Last Agent to Sell the Property

George Wilson

David Lyng Real Estate License #00662250 Listed on: 09/22/2013

David Lyng Real Estate

Last Buyer's Agent

Caren Spencer

Monterey Bay Properties License #00879602

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,024

Year Built

  • 1950

Lot Details

  • 6,186

Home Design

  • Duplex
  • Mudsill Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Slate Flooring

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $39,300
  • The owner pays for cable TV, electric, garbage, services - gardener/landscaping, gas, water

Community Details

Overview

  • 1,994 Sq Ft Building

Building Details

  • Gardener Expense $600
  • Insurance Expense $2,260
  • Maintenance Expense $1,000
  • Other Expense $1,200
  • Utility Expense $1,650
  • Trash Expense $1,200
  • Operating Expense $15,839
  • Gross Income $39,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,024

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R-L
  • Subclass: Duplex
  • Age: 63
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 366.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1994
  • Stories: 1
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Laundry Area - In Unit
  • Flooring: Hardwood - Partial, Slate, Tile

Exterior Features

  • Foundation: Mudsill, Concrete Perimeter
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking, Spaces Per Unit - <1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: Santa Cruz City High
  • Middle School: Branciforte Middle
  • High School: Santa Cruz High
  • High School: 852
  • Middle School: 848

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6142.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6142.00
  • Lot Size Area Min Search: 6142.00
  • Maximum Lot Size: 6142.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.33

Multi Family

  • Expense Insurance: 2260
  • Expense Landscape: 600
  • Expense Maintenance: 1000
  • Expenses Other: 1200
  • Expenses Total: 15839
  • Expenses Utility: 1650
  • Expense Trash: 1200
  • Expense Water Sewer: 1500
  • Income Annual Gross: 39300.00
  • Income Annual Rental: 39300
  • Income Gross Scheduled: 39300
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Gas, Separate Water, Master Electric
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer, Telephone
  • Owner Pays: Cable Tv, Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Kosanovic Bruce and Kosanovic Claudia Cornish
Bought by
Kosanovic Bruce and Kosanovic Claudia Cornish
Current Estimated Value
$1,388,966

Purchase Details

Listed on
Sep 22, 2013
Closed on
Dec 3, 2013
Sold by
Kosanovic Bruce E
Bought by
Cornish Claudia M
Seller's Agent
George Wilson
David Lyng Real Estate
Buyer's Agent
Caren Spencer
Monterey Bay Properties
List Price
$829,000
Sold Price
$730,000
Premium/Discount to List
-$99,000
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$355,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2013
Closed on
Nov 18, 2013
Sold by
Venus Sean Edward
Bought by
Cornish Claudia M and Kosanovic Bruce E
Seller's Agent
George Wilson
David Lyng Real Estate
Buyer's Agent
Caren Spencer
Monterey Bay Properties
List Price
$829,000
Sold Price
$730,000
Premium/Discount to List
-$99,000
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Venus Grace
Bought by
Venus Sean Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Wade Michael Robert and Wade Loreen K Lyons
Bought by
Wade Michael Robert and Wade Loreen K Lyons

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
5.61%

Purchase Details

Closed on
Aug 2, 2001
Sold by
Wade Michael Robert and Wade Loreen K Lyons
Bought by
Wade Michael Robert and Wade Loreen K Lyons

Purchase Details

Closed on
Apr 21, 1997
Sold by
Drewes Mabel C and Drewes Paul R
Bought by
Wade Michael R and Wade Loreen K Lyons
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
Kosanovic Bruce -- None Available
Kosanovic Claudia Cornish -- Estate Ttl Of St Augustine I
Cornish Claudia M -- First American Title Company
Cornish Claudia M $730,000 First American Title Company
Venus Sean Edward -- Santa Cruz Title Company
Venus Sean $571,500 Santa Cruz Title Company
Wade Michael Robert -- Santa Cruz Title Company
Wade Michael Robert -- Santa Cruz Title Company
Wade Michael Robert -- --
Wade Michael R $180,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosanovic Bruce $470,000
Closed Cornish Claudia M $355,000
Previous Owner Venus Sean $200,000
Previous Owner Venus Sean Edward $50,000
Previous Owner Venus Sean $457,200
Previous Owner Wade Michael Robert $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $730,000 -11.9% $366 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
09/22/2013 09/22/13 For Sale $829,000 -- $416 / 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 $10,024 $894,880 $536,928 $357,952
2023 $9,903 $860,131 $516,079 $344,052
2022 $9,792 $843,266 $505,960 $337,306
2021 $9,589 $826,731 $496,039 $330,692
2020 $9,515 $818,254 $490,952 $327,302
2019 $9,308 $802,210 $481,326 $320,884
2018 $9,202 $786,480 $471,888 $314,592
2017 $9,085 $771,059 $462,635 $308,424
2016 $8,587 $755,940 $453,564 $302,376
2015 $8,341 $744,585 $446,751 $297,834
2014 $8,277 $730,000 $438,000 $292,000
Source: Public Records

Agents Affiliated with this Home

  • George Wilson

    Seller's Agent in 2013

    George Wilson

    David Lyng Real Estate

    (831) 818-3704

    11 Total Sales

    George Wilson
    Section Image

  • C

    Buyer's Agent in 2013

    Caren Spencer

    Monterey Bay Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81335311

MLSListings

APN: 009-243-01-000

California Santa Cruz County Santa Cruz 95062 Banana Belt

141 Catalpa St, Santa Cruz, CA

This home is located at 141 Catalpa St, Santa Cruz, CA 95062 since 22 September 2013 and is currently estimated at $1,388,966, approximately $696 per square foot. This property was built in 1950. 141 Catalpa St is a home located in Santa Cruz County with nearby schools including De Laveaga Elementary School, Mission Hill Middle School, and Harbor High School.

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