NOT LISTED FOR SALE

171 Molly Way Santa Cruz, CA 95065

Prospect Heights Neighborhood

Estimated Value: $1,707,000 - $1,990,000

5 Beds
3 Baths
2,451 Sq Ft
$744/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $1,150,000 $469 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,187/month

90 Days on Market

Highlights

  • Ridge View
  • Den
  • Tile Countertops
  • Mission Hill Middle School Rated A-
  • Double Pane Windows
  • Forced Air Heating System

About This Home

As of March 2017

Great Opportunity for very rare Duplex in Prospect Heights! Excellent opportunity for investors and multi generational use. Or live in one unit and have rental income as well. Outstanding Santa Cruz neighborhood. Spacious bedrooms and living spaces with a bonus office area that leads to deck and stairs to yard with garden area. Plenty of parking with a 2 garages. 2 bedroom unit is only connected by garage and has its own yard. Kitchen is bright, tile counters, lots of storage and is open to the eating area. Great storage and work area in garage with a side door to side yard. This property is conveniently located near Hwy 1, schools, DeLavega Park and local amenities.

Last Agent to Sell the Property

Michael Bloch

Christie's International Real Estate Sereno License #01382661 Listed on: 10/19/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Shawna Spaulding

Coldwell Banker Realty License #01355536

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,473

Year Built

  • 1972

Lot Details

  • 5,968 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,451 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Den
  • Ridge Views
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $2,849
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,473

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: NA
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2451
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2451
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Office Area

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition
  • View: Ridge

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5967.72
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5967.72

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.32
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 2849
  • Income Annual Gross: 72000.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Fellers Craig C and Vroomen Samantha
Bought by
Vroomen Family Trust and Vroomen
Current Estimated Value
$1,822,939

Purchase Details

Closed on
Apr 14, 2021
Sold by
Fellers Cary C and Vroomen Samantha
Bought by
Fellers Craig C and Vroomen Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,300
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2016
Closed on
Feb 28, 2017
Sold by
Marie Lynn and The Colby Living Trust
Bought by
Fellers Craig C and Vroomen Samantha
Seller's Agent
Michael Bloch
Christie's International Real Estate Sereno
Buyer's Agent
Shawna Spaulding
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$862,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Colby Wayne Everett and Colby Jean Helen
Bought by
Colby Wayne E and Colby Jean H

Purchase Details

Closed on
Nov 8, 2002
Sold by
Colby Wayne E and Colby Jean H
Bought by
Colby Wayne Everett and Colby Jean Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.95%
Source: Public Records

Range of Values:

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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
Vroomen Family Trust -- None Listed On Document
Fellers Craig C -- Atlas Title Company
Fellers Craig C $1,150,000 Old Republic Title Company
Colby Wayne E -- None Available
Colby Wayne Everett -- Santa Cruz Title Company
Colby Wayne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fellers Craig C $813,300
Previous Owner Fellers Craig C $862,500
Previous Owner Colby Wayne E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $1,150,000 -2.1% $469 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $1,175,000 -1.7% $479 / Sq Ft
10/19/2016 10/19/16 For Sale $1,195,000 -- $488 / 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 $14,473 $1,334,674 $800,804 $533,870
2023 $14,293 $1,282,847 $769,708 $513,139
2022 $14,128 $1,257,693 $754,616 $503,077
2021 $13,750 $1,233,032 $739,820 $493,212
2020 $13,638 $1,220,390 $732,234 $488,156
2019 $13,357 $1,196,460 $717,876 $478,584
2018 $13,200 $1,173,000 $703,800 $469,200
2017 $3,280 $255,351 $32,904 $222,447
2016 $2,848 $250,344 $32,259 $218,085
2015 $2,724 $246,583 $31,774 $214,809
2014 $2,677 $241,753 $31,152 $210,601
Source: Public Records

Agents Affiliated with this Home

  • Michael Bloch

    Seller's Agent in 2017

    Michael Bloch

    Sereno Group

    (831) 588-1588

    4 in this area

    143 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Shawna Spaulding

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81629050

MLSListings

APN: 009-125-01-000

California Santa Cruz County Santa Cruz 95065 Prospect Heights

171 Molly Way, Santa Cruz, CA

This home is located at 171 Molly Way, Santa Cruz, CA 95065 since 19 October 2016 and is currently estimated at $1,822,584, approximately $743 per square foot. This property was built in 1972. 171 Molly Way is a home located in Santa Cruz County with nearby schools including De Laveaga Elementary School, Mission Hill Middle School, and Harbor High School.

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