Seller's Agent in 2018
James Frangella
Bay Homes and Estates
(831) 521-2099
15 Total Sales
145 Reed Way Santa Cruz, CA 95060
Banana Belt NeighborhoodEstimated Value: $1,148,918 - $1,188,000
3
Beds
2
Baths
1,177
Sq Ft
$992/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Wood Flooring
- 1 Car Detached Garage
- Mission Hill Middle School Rated A-
- 1 Fireplace
- Bathtub with Shower
About This Home
As of June 2018Did you ever wish to create your own dream home? Choose your own colors, design your own kitchen, landscape your own garden or maybe even making your home better than anything you've seen on the market today? All you needed was a house in the most desirable location to make that dream come true. And every once in a while, one comes on the market in the most idyllic setting, you then realize your wish is nearly a reality. This is it! So ... why wait? See this sweet & delightful 1940s bungalow in Santa Cruz Eastside's Villa de Branciforte before Memorial Day. Did I mention yet what the neighbors are like? Well ... let me put it this way; If I could place a value on the neighbors' friendliness & caring attitude then this property would be worth millions. A must-see home before it's sold & you know that will happen! Someone is going to create a work of art, will it be you?
Last Agent to Sell the Property
Bay Homes and Estates License #01062212 Listed on: 05/18/2018
Last Buyer's Agent
Spencer Hays
Strock Real Estate License #01224139
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,721
Year Built
- Built in 1940
Lot Details
- 5,097 Sq Ft Lot
- Mostly Level
- Zoning described as R1
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Fixer Upper
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,177 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Wood Burning Stove
- Dining Area
- Laundry in Utility Room
Kitchen
- Gas Oven
- Ceramic Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- Floor Furnace
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 009-201-33-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2018
Closed on
Jun 21, 2018
Sold by
Smith Andrew Downey and Schnuhe Sibylle
Bought by
Powars James Arthur and Rudd Mary Coutney
Seller's Agent
James Frangella
Bay Homes and Estates
Buyer's Agent
Spencer Hays
Strock Real Estate
List Price
$789,000
Sold Price
$765,000
Premium/Discount to List
-$24,000
-3.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,730
Avg. Annual Appreciation
6.01%
Original Mortgage
$355,000
Outstanding Balance
$307,703
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$860,027
Purchase Details
Closed on
Jul 5, 2012
Sold by
Smith Andrew Downey and Schnuhr Sibylle
Bought by
Smith Andrew Downey and Schnuhr Sibylle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 1996
Sold by
Bauernschmidt Joseph S and Bauernschmidt Family Trust
Bought by
Smith Andrew Downey and Smith Sibylle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.3%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Powars James Arthur | $765,000 | Old Republic Title Company | |
| Smith Andrew Downey | -- | Stewart Title Of California | |
| Smith Andrew Downey | -- | Stewart Title Of California | |
| Smith Andrew Downey | $195,000 | Santa Cruz Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Powars James Arthur | $355,000 | |
| Previous Owner | Smith Andrew Downey | $141,000 | |
| Previous Owner | Smith Andrew Downey | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2018 06/28/18 | Sold | $765,000 | -3.0% | $650 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/18/2018 05/18/18 | For Sale | $789,000 | -- | $670 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $9,721 | $870,440 | $696,352 | $174,088 |
| 2023 | $9,604 | $836,639 | $669,311 | $167,328 |
| 2022 | $9,496 | $820,235 | $656,188 | $164,047 |
| 2021 | $9,299 | $804,151 | $643,321 | $160,830 |
| 2020 | $9,227 | $795,906 | $636,725 | $159,181 |
| 2019 | $9,025 | $780,300 | $624,240 | $156,060 |
| 2018 | $3,519 | $279,128 | $139,564 | $139,564 |
| 2017 | $3,477 | $273,652 | $136,826 | $136,826 |
| 2016 | $3,299 | $268,288 | $134,144 | $134,144 |
| 2015 | $3,151 | $264,260 | $132,130 | $132,130 |
| 2014 | $3,101 | $259,084 | $129,542 | $129,542 |
Source: Public Records
Agents Affiliated with this Home
-
James Frangella
-
S
Buyer's Agent in 2018
Spencer Hays
Strock Real Estate
Map
Source: MLSListings
MLS Number: ML81706153
APN: 009-201-33-000
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