NOT LISTED FOR SALE

2 Locke Way Scotts Valley, CA 95066

Estimated Value: $720,000 - $1,137,000

0.74 Acre
$1,239,247 Price per Acre
32,147 Sq Ft Lot

Last Sold July 16, 2020

Last sale price $685,000

Est. 50% increase in value since last sale

Current estimated payment $6,344/month

247 Days on Market

Highlights

  • 0.74 Acre Lot
  • Brook Knoll Elementary School Rated A-
  • Level Lot

About This Lot

As of July 2020

Development land in the City of Scotts Valley, flat 32,147 sf zoned R-1-10 Medium Density, 10,000 sf minimum lot size. Potential to build 3 custom homes in a wonderful setting. Great walkability to shopping & commuter routes. Homes across the street built in 1989 average 3,150 sf, 4 bedrooms & 3 baths, a recent sale in February 2018 was $1,485,000. Public sewer, water and electricity nearby.

Last Agent to Sell the Property

Paul Burrowes

David Lyng Real Estate License #01955563 Listed on: 06/24/2019

David Lyng Real Estate

Last Buyer's Agent

Rob Roham

RealtyWeb.com Inc License #00984218

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,107

Lot Details

  • 0.74 Acre Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked

Outdoor Features

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,107

Lot Details

0

Listing Details

  • Zoning: R1-10
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Development Status: Build To Suit, Subdivision - Possible, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer Available

Schools

  • School District: Scotts Valley Unified

Lot Info

  • Lot Description: Corners Marked, Grade - Level
  • Lot Acres: 0.7380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 32147.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 32147.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Available - Not On Site, Electricity - Available At Street, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 9, 2020
Sold by
Freitas Elizabeth and Survivor S Trust Of Jerdes 198
Bought by
Madani Hamid
Seller's Agent
Paul Burrowes
David Lyng Real Estate
Buyer's Agent
Rob Roham
RealtyWeb.com Inc
List Price
$799,000
Sold Price
$685,000
Premium/Discount to List
-$114,000
-14.27%
Current Estimated Value
$1,026,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,385
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Apr 18, 2002
Sold by
Jerdes Alla
Bought by
Jerdes Alla
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Madani Hamid $685,000 Chicago Title Insurance Co
Jerdes Alla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madani Hamid $931,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $685,000 -14.3% --
02/26/2020 02/26/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $799,000 -11.1% --
02/04/2020 02/04/20 Pending -- -- --
06/24/2019 06/24/19 For Sale $899,000 -- --
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 $8,107 $741,466 $741,466 --
2023 $7,952 $712,674 $712,674 $0
2022 $7,832 $698,700 $698,700 $0
2021 $7,705 $685,000 $685,000 $0
2020 $533 $32,390 $32,390 $0
2019 $527 $31,756 $31,756 $0
2018 $407 $31,132 $31,132 $0
2017 $406 $30,522 $30,522 $0
2016 $392 $29,924 $29,924 $0
2015 $394 $29,474 $29,474 $0
2014 $426 $28,896 $28,896 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779342

MLSListings

APN: 021-251-16-000