NOT LISTED FOR SALE

1506 Tera Ct Capitola, CA 95010

Estimated Value: $1,026,000 - $1,463,145

3 Beds
2.5 Baths
1,410 Sq Ft
$923/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2020

Last sale price $491,605 $349 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,829 / mo

27 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Attic
  • Mission Hill Middle School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2020

Back-up positions available if you live or work in City of Capitola and meet restrictions below.This lovely brand new 3 BD/2.5 BA home is being sold as part of the City of Capitola's Affordable Housing Program w/income & occupancy restrictions. Income limits: House Sze-1 up to $82,300, 2PPL $94,100, 3PPL $105,850, 4PPL $117,600, 5PPL $127,000, 6PPL 136,400, 7PPL $145,800 w/asset limits. Owners must occupy as their principal residence & have lived or worked in the City of Capitola for at least six months prior to applying-proof will be required. Gorgeous chef's style kitchen w/ample granite counters, pantry & stainless steel appliances. All bedrooms located upstairs including the master suite & area for stack-able laundry. Fenced backyard w/patio + 1 car att garage. Low HOA dues of $221/mo include front landscaping & most exterior maintenance. HOA info & City Application on virtual tour.

Last Agent to Sell the Property

Sheila Feddema

Sherman & Boone Realtors License #01271425 Listed on: 03/20/2020

Last Buyer's Agent

Leslie Cruz-Kelly

eXp Realty of California Inc License #01973894

eXp Realty of California Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2019

Lot Details

  • 1,742 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Community Details

Overview

  • Association fees include exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, roof
  • 11 Units
  • Tera Commons Owners Association

Pet Policy

  • Limit on the number of pets

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

2019

Lot Details

1,742 Sq Ft Lot

HOA Fees

$221 per month

Parking

1

Listing Details

  • Zoning: Res
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 11
  • Structure Sq Ft: 1410
  • Construction: Completed-Never Occupied
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2019

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Ice Maker, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1410
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside, Upper Floor
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Attic
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • Complex Name: Tera Commons
  • HOA Fees: 221
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Roof
  • HOA Exist: Yes
  • H O A Name Text: Tera Commons Owners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Green Features

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

Multi Family

  • Utilities: Public Utilities

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 2, 2020
Sold by
Bought by
Seller's Agent
Sheila Feddema
Sherman & Boone Realtors
Buyer's Agent
Leslie Cruz-Kelly
eXp Realty of California Inc
List Price
$491,605
Sold Price
$491,605
Current Estimated Value
$1,301,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,443
Avg. Annual Appreciation
17.48%
Original Mortgage
$467,024
Outstanding Balance
$414,753
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$886,295

Purchase Details

Closed on
Jun 27, 2019
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Old Republic Title Company
$492,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $467,024
Closed $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $491,605 0.0% $349 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $491,605 -- $349 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,975 $538,074 $177,170 $360,904
2023 $6,657 $517,178 $170,290 $346,888
2022 $6,497 $507,040 $166,952 $340,088
2021 $6,339 $497,096 $163,678 $333,418
2020 $6,087 $536,322 $244,322 $292,000
2019 $4,233 $376,120 $210,120 $166,000
Source: Public Records

Agents Affiliated with this Home

  • Sheila Feddema

    Seller's Agent in 2020

    Sheila Feddema

    Sherman & Boone Realtors

    (831) 464-5088

    60 Total Sales

    Sheila Feddema
    Section Image

  • L

    Buyer's Agent in 2020

    Leslie Cruz-Kelly

    eXp Realty of California Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81787467

MLSListings

APN: 034-771-10

California Santa Cruz County Capitola 95010

1506 Tera Ct, Capitola, CA

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