NOT LISTED FOR SALE

1940 Waterman Gap Loop Boulder Creek, CA 95006

Estimated Value: $624,000 - $885,000

3 Beds
2 Baths
1,342 Sq Ft
$570/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $675,000 $503 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,870/month

Highlights

  • Primary Bedroom Suite
  • Post and Beam
  • High Ceiling
  • San Lorenzo Valley High School Rated A-
  • Main Floor Primary Bedroom
  • Open to Family Room

About This Home

As of May 2023

Investors, flippers, & contractors: heres your opportunity to get your hands on a private piece of paradise. This ranch style home has 3 bedrooms, and 2 full bathrooms. Living room includes a cozy fireplace, and high ceilings. Down below, through a separate entrance is a studio with its own en-suite bathroom. The entire property have picturesque south facing decks. The attached 2 car garage has ample space for storage. Sun exposure is not shy here! Surrounding the property are massive redwoods, pines, firs, Madrones, a myriad of birds, butterflies, and deer. Amongst some of the best horse properties, and trails. Great for dogs, or other animals. The property is 4.8 acres allowing for plenty of room if you have a motor home, or lots of cars. Easy commute to Saratoga, and to Boulder Creek. Renovations to the house have been in progress. Seller would like to sell As-is. **GPS is not correct (Take Via Paloma Dr. Instead)

Last Agent to Sell the Property

Phoebe Benet

eXp Realty of California Inc License #02135797 Listed on: 04/20/2023

eXp Realty of California Inc

Last Buyer's Agent

Jose Salas

Room Real Estate License #02052088

Room Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,460

Year Built

  • Built in 1989

Lot Details

  • 4.81 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Zoning described as SU

Parking

  • 2 Car Garage

Home Design

  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property
  • Riding Trail

Utilities

  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Water Storage
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 087-053-17-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,460

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 1342
  • Year Built: 1989
  • Zoning Description: SU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Dining Bar
  • Kitchen: Countertop - Tile, Oven - Electric, Refrigerator
  • Living Sq Ft: 1342
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Beam
  • Roof: Composition
  • Horse Property: Possible
  • Fencing: Partial Fencing
  • Horse Property Description: Riding Trails, Trailer Storage
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Parking Area, Room for Oversized Vehicle

Utilities

  • Heating System: Fireplace, Propane
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: San Lorenzo Valley Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Views
  • Parcel Number: 087-053-17-000
  • Lot Acres: 4.8140
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 209698.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 209698.00

Multi Family

  • Utilities: Generator, Propane On Site, Public Utilities

MLS Schools

  • High School District Text: San Lorenzo Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 6, 2023
Sold by
Wolfe Brenda
Bought by
Hall Stefan Alexander and Steele Ashley Ann
Seller's Agent
Phoebe Benet
eXp Realty of California Inc
Buyer's Agent
Jose Salas
Room Real Estate
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$764,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,359
Avg. Annual Appreciation
4.92%
Original Mortgage
$525,000
Outstanding Balance
$511,592
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$242,616

Purchase Details

Closed on
Jul 23, 2002
Sold by
Crowe Todd and Crowe Tawnya
Bought by
Povey Richard and Wolfe Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 1999
Sold by
Mozley and Stephanie
Bought by
Crowe Todd and Crowe Tawnya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.73%
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
Hall Stefan Alexander $675,000 Old Republic Title Company
Povey Richard $475,000 Old Republic Title Company
Crowe Todd $335,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Stefan Alexander $525,000
Previous Owner Povey Richard $510,000
Previous Owner Povey Richard $200,000
Previous Owner Povey Richard $300,700
Previous Owner Crowe Todd $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $675,000 0.0% $503 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $675,000 -- $503 / 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 $8,460 $702,270 $494,190 $208,080
2023 $8,451 $661,252 $450,346 $210,906
2022 $8,244 $648,286 $441,516 $206,770
2021 $8,040 $635,574 $432,858 $202,716
2020 $7,736 $629,056 $428,420 $200,636
2019 $7,177 $616,722 $420,020 $196,702
2018 $7,037 $604,630 $411,784 $192,846
2017 $6,924 $592,774 $403,710 $189,064
2016 $6,839 $581,150 $395,794 $185,356
2015 $6,631 $564,806 $384,664 $180,142
2014 $5,468 $459,192 $312,735 $146,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81923131

MLSListings

APN: 087-053-17-000