Mark Cohan
Compass
(831) 273-8684
31 Total Sales
1 in Capitola
$980,000 Price
201 Monterey Ave Capitola, CA 95010
Capitola Area
2
Beds
2
Baths
4,470
Sq Ft
1,917
Sq Ft Lot
Highlights
- Ocean View
- Victorian Architecture
- Loft
- Wood Flooring
- Attic
- Granite Countertops
About This Home
As of April 2021Opportunity to own a piece of Capitola history in a prime corner location in the heart of the quaint Capitola Village By the Sea. This trophy property once owned by F. A. Hihn served as the headquarters for Camp Capitola, California's first seaside resort community, until 1930. Restored in the 1970's and updated again in 2018, it has the prestigious designation as being marked a California Historic Landmark. The beautiful architecture & freshly painted exterior stands out and brings attention to 3 commercial spaces, currently 2 retail stores & a deli with 2 half baths. On the 2nd floor set above the street are 2 one-bedroom apartments recently renovated with new kitchens, baths, & flooring; one offers great ocean views. Set in the vacation rental zone offering flexibility for long or short term rentals. On the top level is a large attic loft space with high ceilings & a half bath. Arguably one of the best locations in Santa Cruz Co. only steps to the beach.
Last Agent to Sell the Property
David Lyng Real Estate License #70010151 Listed on: 02/10/2021
Last Buyer's Agent
Elaine Della-Santina
KW Thrive Santa Cruz License #01297090
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Property Details
Home Type
- Multi-Family
Year Built
- 1881
Lot Details
- 1,917 Sq Ft Lot
- Grass Covered Lot
Parking
- On-Street Parking
Property Views
- Ocean
- Bay
- Downtown
Home Design
- Victorian Architecture
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,470 Sq Ft Home
- 3-Story Property
- Loft
- Storage Room
- Washer and Dryer
- Attic
Kitchen
- Electric Oven
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Utilities
- Heating Available
Listing and Financial Details
- Total Actual Rent $131,580
Community Details
Overview
Building Details
- 6 Leased Units
- Insurance Expense $5,500
- Maintenance Expense $3,456
- Manager Expense $3,465
- Other Expense $6,644
- Utility Expense $7,153
- Trash Expense $801
- Operating Expense $30,993
- Gross Income $133,659
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
Feb 10, 2021
Closed on
Apr 16, 2021
Sold by
Bought by
Seller's Agent
Lyng-Vidrine Team
David Lyng Real Estate
Buyer's Agent
Elaine Della-Santina
KW Thrive Santa Cruz
List Price
$2,998,000
Sold Price
$2,900,000
Premium/Discount to List
-$98,000
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,272,000
Outstanding Balance
$2,012,776
Interest Rate
3.05%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Sep 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Nov 12, 2015
Sold by
Bought by
Purchase Details
Closed on
Nov 12, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 26, 2011
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Capitola, CA
-
Mark Cohan
-
Paul Locatelli
Paul Locatelli
Epique Realty
(831) 603-2633
96 Total Sales
4 in Capitola
$405K - $1.6M Price Range
-
Winnie Kepler
Winnie Kepler
Coastal Properties Of California
(831) 275-9089
29 Total Sales
5 in Capitola
$1M - $1.7M Price Range
-
Samantha Olden
Samantha Olden
David Lyng Real Estate
(831) 604-1742
39 Total Sales
2 in Capitola
$725K - $1.3M Price Range
-
Jalayne Forrester
Jalayne Forrester
KW Bay Area Estates
(669) 356-8887
55 Total Sales
1 in Capitola
$1,025,000 Price
-
Mahsa Manavi
Mahsa Manavi
Coldwell Banker Realty
(669) 233-0738
46 Total Sales
1 in Capitola
$1,625,000 Price
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 |
|---|---|---|---|
| $2,900,000 | Old Republic Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
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 | $2,272,000 |
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 |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $2,995 | -- | -- |
| 09/23/2024 09/23/24 | Price Changed | $2,995 | -9.1% | $6 / Sq Ft |
| 08/02/2024 08/02/24 | For Rent | $3,295 | 0.0% | -- |
| 04/23/2021 04/23/21 | Sold | $2,900,000 | -3.3% | $649 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $2,998,000 | -- | $671 / 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 |
|---|---|---|---|---|
| 2026 | $41,455 | $3,201,834 | $1,987,345 | $1,214,489 |
| 2025 | $37,825 | $3,139,053 | $1,948,378 | $1,190,675 |
| 2023 | $37,686 | $3,017,160 | $1,872,720 | $1,144,440 |
| 2022 | $36,409 | $2,958,000 | $1,836,000 | $1,122,000 |
| 2021 | $4,179 | $95,762 | $23,062 | $72,700 |
| 2020 | $4,497 | $94,780 | $22,825 | $71,955 |
| 2019 | $3,974 | $92,922 | $22,378 | $70,544 |
| 2018 | $3,391 | $82,100 | $21,939 | $60,161 |
| 2017 | $2,861 | $80,491 | $21,509 | $58,982 |
| 2016 | $2,378 | $78,912 | $21,087 | $57,825 |
| 2015 | $2,522 | $77,726 | $20,770 | $56,956 |
| 2014 | $2,643 | $76,204 | $20,364 | $55,840 |
Source: Public Records
Agents Affiliated with this Home
-
Lyng-Vidrine Team
Seller's Agent in 2021
Lyng-Vidrine Team
David Lyng Real Estate
(831) 345-0503
90 Total Sales
-
E
Buyer's Agent in 2021
Elaine Della-Santina
KW Thrive Santa Cruz
Map
Source: MLSListings
MLS Number: ML81829248
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