NOT LISTED FOR SALE

Estimated Value: $2,021,000 - $2,130,000

3 Beds
2.5 Baths
1,726 Sq Ft
$1,212/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2024

Last sale price $2,195,000 $1,272 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,905 / mo

13 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Rio Del Mar Elementary School Rated 9+
  • Vaulted Ceiling
  • 1-minute walk to Rio del Mar State Beach

About This Home

As of August 2024

This elegant oceanfront home historically called "The Point" offers breathtaking views , sunsets and coastal living. Walk across straight onto the sand! This 3-bedroom, 2.5-bathroom residence spans 1726 square feet with an abundance of windows that frame the captivating ocean vistas. Upon entering the home, the high soaring ceilings create a grand ambiance, while the brilliant flooring adds a touch of coastal elegance. The gourmet kitchen features stainless steel appliances, a gas top oven range,and refrigerator, perfect for culinary enthusiasts. The great room boasts a freestanding fireplace and vaulted ceiling, leading to a large balcony deck with ocean views, ideal for entertaining or simply soaking in the coastal serenity. Primary bedroom exudes comfort with vaulted ceiling, a spacious walk-in closet, private bath with dual sinks. Two additional bedrooms with walk-in closets, offer comfort and versatility. Also located in the short term rental zone as a rare bonus. Parking for 4 cars with a Tesla charger complete this coastal retreat. With views from every room, this oceanfront sanctuary offers an unparalleled opportunity to embrace the beauty of Aptos. Don't miss the chance to experience coastal living at its finest. This is a very rare opportunity to own "The Point" !

Last Agent to Sell the Property

George Montanari

Compass License #00780027 Listed on: 07/01/2024

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 3,485 Sq Ft Lot
  • Zoning described as RM-2.5

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer
  • Laundry Tub

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 042-211-37-000

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

3,485 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1726
  • Incorporated: Yes
  • Year Built: 1986
  • Zoning Description: RM-2.5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Free Standing, Living Room
  • Dining Room: Breakfast Bar, Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Electric
  • Living Sq Ft: 1726
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, More than One Bedroom on Ground Floor
  • Laundry: In Garage, Tub / Sink, Washer / Dryer
  • Flooring: Laminate, Tile, Carpet
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Bay, City Lights, Mountains, Neighborhood, Ocean, Water, Water Front
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 826

Lot Info

  • Parcel Number: 042-211-37-000
  • Lot Acres: 0.0800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3485.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3485.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Rio del Mar Elementary
  • High School Text: Aptos High
  • Middle School Text: Aptos Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 15, 2024
Sold by
Shadman Michael
Bought by
Shadman Mahnaz Khazen
Seller's Agent
George Montanari
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,195,000
Sold Price
$2,195,000
Views
12
Current Estimated Value
$2,091,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,060
Avg. Annual Appreciation
-2.86%
Original Mortgage
$1,646,250
Outstanding Balance
$1,624,952
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$466,988

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 14, 2024
Sold by
Silva Edic and Tollner Lisa
Bought by
Dhs Legacy Holding Llc and Shadman
Seller's Agent
George Montanari
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,195,000
Sold Price
$2,195,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,646,250
Outstanding Balance
$1,624,952
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$466,988

Purchase Details

Closed on
Aug 16, 2018
Sold by
Murphy Jeremiah T and Murphy Sandra J
Bought by
Silva Edic and Tollner Lisa

Purchase Details

Closed on
Apr 6, 1998
Sold by
Tseu Marvin
Bought by
Murphy Jeremiah T and Murphy Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shadman Mahnaz Khazen -- Old Republic Title Company
Dhs Legacy Holding Llc $2,195,000 Old Republic Title Company
Silva Edic $1,650,000 Old Republic Title Company
Murphy Jeremiah T $550,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhs Legacy Holding Llc $1,646,250
Previous Owner Murphy Jeremiah T $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $2,195,000 0.0% $1,272 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $2,195,000 -- $1,272 / Sq Ft
Source: MLSListings

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 $20,851 $2,195,000 $1,756,000 $439,000
2023 $20,481 $1,769,134 $1,447,473 $321,661
2022 $20,083 $1,734,445 $1,419,091 $315,354
2021 $19,620 $1,700,436 $1,391,266 $309,170
2020 $19,308 $1,683,000 $1,377,000 $306,000
2019 $18,971 $1,650,000 $1,350,000 $300,000
2018 $9,288 $767,637 $561,344 $206,293
2017 $9,203 $752,585 $550,337 $202,248
2016 $8,975 $737,828 $539,546 $198,282
2015 $8,891 $726,746 $531,442 $195,304
2014 $8,684 $712,510 $521,032 $191,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81971628

MLSListings

APN: 042-211-37-000

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