NOT LISTED FOR SALE

1430 42nd Ave Unit 1 Capitola, CA 95010

Estimated Value: $626,000 - $677,000

2 Beds
1 Bath
800 Sq Ft
$574/mo HOA Fee

Last Sold August 31, 2024

Last sale price $630,000 $788 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,098/month

Highlights

  • Heated In Ground Pool
  • Corner Lot
  • Bathtub with Shower
  • Mission Hill Middle School Rated A-
  • Breakfast Area or Nook
  • 5-minute walk to Jade Street Park

About This Home

As of August 2024

Truly a diamond in the rough. Purchased by the current owners in 1975 this unit is in original condition. Sitting on the southwest corner of 42nd and Diamond this home affords the new owner an opportunity to create their own environment and to complete the interior remodel of their dreams. Add the front patio and you have perfect place to relax on a sunny Capitola afternoon. You can walk across the street to the common lawn and enclosed pool patio. Could winter night? snuggle up to the fireplace. The walk score for this location is off the charts. Shopping and dining are available up and down 41st Avenue. the beach and vintage village of Capitola are yours to enjoy. Did we mention Jade Street Park? Capitola is more than a place to live ist is a lifestyle.

Last Agent to Sell the Property

Robert Bailey

Bailey Properties License #00483155 Listed on: 08/31/2024

Last Buyer's Agent

Nick Bailey

Bailey Properties License #02042562

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Southwest Facing Home
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Wood Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 034-215-09-000

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, management fee, pool spa or tennis, reserves, roof
  • 324 Units
  • Capitola Shores Homeowners Association
  • Built by Capitola Shores

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$574 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 324
  • Structure Sq Ft: 800
  • Complex Name: Capitola Shores
  • Incorporated: Yes
  • Year Built: 1972
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, No Formal Dining Room
  • Kitchen: Countertop - Tile, Oven - Electric, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 800
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Coin Operated, Community Facility, In Utility Room, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Property Faces: Southwest
  • Construction Type: Stone, Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Carport, Covered Parking, Off-Street Parking, On Street, Uncovered Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 574
  • HOA Amenities: Community Pool
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Capitola Shores Homeowners Association
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 034-215-09-000
  • Lot Acres: 0.0190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 828.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 828.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit, Unit Faces Common Area

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Soquel Elementary
  • Middle School Text: New Brighton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Aug 19, 2024
Sold by
Hamak Juliet
Bought by
Locke-Paddon William and Pacheco Sergio Varela
Seller's Agent
Robert Bailey
Bailey Properties
Buyer's Agent
Nick Bailey
Bailey Properties
Sold Price
$630,000
Current Estimated Value
$645,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,626
Avg. Annual Appreciation
1.82%
Original Mortgage
$535,500
Outstanding Balance
$529,323
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$116,303

Purchase Details

Closed on
Feb 15, 2021
Sold by
Hamak Juliet and Hamak Trust
Bought by
Hamak Juliet

Purchase Details

Closed on
Apr 27, 2014
Sold by
Hamak Patricia A and The Hamak Trust
Bought by
Trust A and The Hamak Trust

Purchase Details

Closed on
Dec 17, 1996
Sold by
Hamak Bernard J and Hamak Patricia A
Bought by
Hamak Bernard J and Hamak Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Locke-Paddon William $630,000 First American Title
Hamak Juliet -- None Available
Trust A -- None Available
Hamak Bernard J -- --
Hamak Bernard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke-Paddon William $535,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2024 08/31/24 Sold $630,000 -- $788 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
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 $1,781 $630,000 $504,000 $126,000
2023 $1,707 $62,180 $14,326 $47,854
2022 $1,653 $60,961 $14,045 $46,916
2021 $1,589 $59,765 $13,769 $45,996
2020 $1,553 $59,152 $13,628 $45,524
2019 $1,518 $57,993 $13,361 $44,632
2018 $1,473 $56,856 $13,099 $43,757
2017 $1,442 $55,741 $12,842 $42,899
2016 $1,377 $54,648 $12,590 $42,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81978679

MLSListings

APN: 034-215-09-000