NOT LISTED FOR SALE

1505 42nd Ave Unit 23 Capitola, CA 95010

Estimated Value: $866,000 - $1,268,000

3 Beds
2.5 Baths
1,467 Sq Ft
$284/mo HOA Fee

Last Sold January 22, 2019

Last sale price $675,000 $460 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,238/month

3 Days on Market

Highlights

  • Quartz Countertops
  • Neighborhood Views
  • 1 Car Attached Garage
  • Mission Hill Middle School Rated A-
  • Balcony
  • Double Pane Windows

About This Home

As of January 2019

1480 sq. ft., 2-level condominium, 3 bedrooms, 2.5 bathrooms, laundry room, fireplace & freshly touched up with carpet, interior paint, light fixtures, knobs/hinges and mirrors with an attached 1-car (approx. 249 sq. ft.) garage. Enclosed patio off dining rm/kitchen areas. Master bedrooms include 2 separate mirrored sliding closet doors and built-in vanity area. Other bedrooms include mirrored sliding closet doors. In a prime location of Capitola providing proximity to everything you need.

Last Agent to Sell the Property

Marilyn Johnson

Bailey Properties License #01095691 Listed on: 12/19/2018

Last Buyer's Agent

Spencer Hays

Strock Real Estate License #01224139

Strock Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Partially Fenced Property
  • Wood Fence

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,467 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Association fees include exterior painting, insurance - common area, landscaping / gardening, management fee, reserves, roof
  • Capitola Del Mar Association

Listing and Financial Details

  • Assessor Parcel Number 034-321-23-000

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$284 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1467
  • Year Built: 1980
  • Zoning Description: Residential Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1467
  • Stories: 2
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Half on Ground Floor, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced
  • Fencing: Partial Fencing, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 284
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Management Fee, Reserves, Roof
  • H O A Name Text: Capitola Del Mar
  • H O A Exist: Yes

Schools

  • High School: 852

Lot Info

  • Parcel Number: 034-321-23-000
  • Lot Acres: 0.0270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1176.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1176.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High
  • High School Text: Santa Cruz High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jan 10, 2019
Sold by
Coaker William J and William J Coaker Jr Revocable
Bought by
Raghunathan Kannan and Burkhardt Alyssa
Seller's Agent
Marilyn Johnson
Bailey Properties
Buyer's Agent
Spencer Hays
Strock Real Estate
List Price
$640,000
Sold Price
$675,000
Premium/Discount to List
$35,000
5.47%
Current Estimated Value
$995,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,676
Avg. Annual Appreciation
5.74%
Original Mortgage
$573,750
Outstanding Balance
$505,462
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$490,214

Purchase Details

Closed on
Jul 31, 2013
Sold by
Coaker William J and Coaker William J
Bought by
Coaker William J and William J Coaker Jr Revocable

Purchase Details

Closed on
Nov 28, 2011
Sold by
Coaker William Jordan and Coaker William J
Bought by
Coaker William Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2001
Sold by
Carman Dayna and Herring Paul
Bought by
Coaker William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Carman Eric C and Carman Marcia G
Bought by
Herring Paul and Carman Dayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%

Purchase Details

Closed on
May 5, 1998
Sold by
Jodar Gilberte and Jodar Jocelyn S
Bought by
Carman Eric C and Carman Marcia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,100
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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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
Raghunathan Kannan $675,000 Old Republic Title Company
Coaker William J -- None Available
Coaker William Jordan -- First American Title
Coaker William J $347,000 Santa Cruz Title Company
Herring Paul -- Santa Cruz Title Company
Carman Eric C $197,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghunathan Kannan $573,750
Previous Owner Coaker William Jordan $201,000
Previous Owner Coaker William J $275,000
Previous Owner Carman Eric C $148,100
Closed Carman Eric C $24,400
Closed Coaker William J $37,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2019 01/22/19 Sold $675,000 +4.0% $460 / Sq Ft
12/23/2018 12/23/18 Pending -- -- --
12/19/2018 12/19/18 Price Changed $649,000 +1.4% $442 / Sq Ft
12/19/2018 12/19/18 For Sale $640,000 -- $436 / 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 $9,036 $752,975 $451,785 $301,190
2023 $8,835 $723,737 $434,242 $289,495
2022 $8,729 $709,545 $425,727 $283,818
2021 $8,519 $695,633 $417,380 $278,253
2020 $8,424 $688,500 $413,100 $275,400
2019 $6,034 $468,731 $290,423 $178,308
2018 $5,928 $459,539 $284,728 $174,811
2017 $5,841 $450,528 $279,145 $171,383
2016 $5,516 $441,695 $273,672 $168,023
2015 $5,331 $435,060 $269,561 $165,499
2014 $5,056 $410,843 $254,558 $156,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81733655

MLSListings

APN: 034-321-23-000