NOT LISTED FOR SALE

1570 Prospect Ave Capitola, CA 95010

Estimated Value: $3,932,000 - $10,195,808

5 Beds
5.5 Baths
5,850 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $6,500,000 $1,111 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $45,475/month

126 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • 0.24 Acre Lot
  • Mission Hill Middle School Rated A-
  • Home Theater
  • 2-minute walk to Barrys Park

About This Home

As of March 2016

Deemed To Be Best Views in County-Spellbinding Panoramic Ocean/Mtn Vus-Landmark Knoll Above Capitola Village-Combined w Custom Architectural Masterpiece-No Expense Spared-5 Years In The Making-Unsurpassed Quality&Attention 2 Detail-Grand Great Room W Mahogany&Cherrywood Detail-2 Lvl Ocean Vu Terraces+Ocean Vus From Every Rm-Rarely Seen Master Craftsmanship ThruOut-Imported Slabs&English Tiles-Crestron-Theatre-Wine Cellar-Lutron-Radiant Heat-Sep Tower W 2 Bedroom Suites-Rare Opportunity To Own The Very Best!

Last Agent to Sell the Property

Carol Jeans

Christie's International Real Estate Sereno License #01117857 Listed on: 10/12/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Sally Lyng

David Lyng Real Estate License #00543520

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,129

Year Built

  • Built in 2008

Lot Details

  • 10,498 Sq Ft Lot
  • Back Yard Fenced
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Craftsman Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,850 Sq Ft Home
  • 3-Story Property
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Bonus Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Smart Home
  • Alarm System

Outdoor Features

  • Balcony
  • Fire Pit
  • Barbecue Area

Utilities

  • Radiant Heating System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 034-046-01-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,129

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 5850
  • Incorporated: Yes
  • Year Built: 2008
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven - Self Cleaning, Oven Range, Refrigerator
  • Living Sq Ft: 5850
  • Stories: 3
  • Security: Security Alarm
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Formal Entry, Laundry Room, Library, Media / Home Theater, Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Marble, Shower and Tub, Stall Shower, Steam Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • View: Bay, City Lights, Hills, Mountains, Ocean, Panoramic, Special, Valley, Water
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fire Pit, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Heating - 2+ Units, Radiant
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Video / Audio System, Walk-in Closet

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 034-046-01-000
  • Lot Acres: 0.2410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10498.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10498.00

Green Features

  • Energy Features: Low Flow Toilet, Smart Home System

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Feb 19, 2016
Sold by
Thermond Jeffery L and Thermond Catherine A
Bought by
The David D Ward & Kimberly K Ward Joint
Seller's Agent
Carol Jeans
Christie's International Real Estate Sereno
Buyer's Agent
Sally Lyng
David Lyng Real Estate
List Price
$7,995,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,495,000
-18.7%
Current Estimated Value
$7,074,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,812
Avg. Annual Appreciation
0.75%
Original Mortgage
$6,370,000
Outstanding Balance
$4,841,308
Interest Rate
2.42%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,129,295

Purchase Details

Closed on
Feb 2, 2006
Sold by
Thermond Jeffery L and Thermond Catherine A
Bought by
Thermond Jeffery L and Thermond Catherine A

Purchase Details

Closed on
May 3, 2001
Sold by
Lent Mollie Julieta and Lent Nancy Jean
Bought by
Thermond Jeffrey L and Thermond Catherine A

Purchase Details

Closed on
Apr 18, 1994
Sold by
Lent Mollie Julieta
Bought by
Lent Mollie Julieta and Lent Nancy Jean
Source: Public Records

Range of Values:

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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
The David D Ward & Kimberly K Ward Joint $6,500,000 Stewart Title Of Ca Inc
Thermond Jeffery L -- None Available
Thermond Jeffery L -- None Available
Thermond Jeffrey L $2,600,000 Santa Cruz Title Company
Lent Mollie Julieta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward David D $1,034,400
Open The David D Ward & Kimberly K Ward Joint $6,370,000
Previous Owner Lent Mollie Julieta $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $6,500,000 -18.7% $1,111 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $7,995,000 -- $1,367 / 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 $83,129 $7,694,686 $5,386,280 $2,308,406
2023 $81,638 $7,395,891 $5,177,124 $2,218,767
2022 $81,006 $7,250,874 $5,075,612 $2,175,262
2021 $79,317 $7,108,700 $4,976,090 $2,132,610
2020 $78,631 $7,035,809 $4,925,066 $2,110,743
2019 $76,768 $6,897,852 $4,828,496 $2,069,356
2018 $75,692 $6,762,600 $4,733,820 $2,028,780
2017 $74,731 $6,630,000 $4,641,000 $1,989,000
2016 $54,060 $4,969,754 $3,182,247 $1,787,507
2015 $53,393 $4,895,104 $3,134,447 $1,760,657
2014 $51,996 $4,752,811 $3,133,262 $1,619,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81518561

MLSListings

APN: 034-046-01-000