NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $2,188,000

2 Beds
2.5 Baths
989 Sq Ft
$1,889/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $1,770,000 $1,790 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,602/month

41 Days on Market

Highlights

  • Ocean View
  • Bathroom on Main Level
  • Carpet
  • Aptos High School Rated A-
  • Dining Area
  • 1-minute walk to Rio del Mar State Beach

About This Home

As of October 2020

Ahoy, welcome aboard the Iconic SS Rio del Mar, located on the beach in Aptos. Built for you to sail through any storm, guiding your ship from the Captains bridge. There is no better place to enjoy the ocean/beach view than from the helm. Watch the waves and families on the beach below you, the sunsets in the evening, or storms rolling in off the Monterey Bay. Absolutely a one of a kind property. BBQ or enjoy the sun from the concrete patio under home or out on the public walkway. Naturally sleeps 4 but will sleep 6 with a hide-a-bed couch. Only home on the island with two car parking off the street. Easy walk to quality resturand 'Cafe Rio", the local deli "Pixie's Deli", or the quaint neighborhood Market. This is a unique, one of a kind beach home on the Monterey Bay. Locally it is known as the Boat House. You can own one of the prize properties in Aptos.

Last Agent to Sell the Property

Paul Bailey

Bailey Properties License #00546781 Listed on: 07/03/2020

Last Buyer's Agent

Joshua Bacorn

David Lyng Real Estate License #01884101

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • 653 Sq Ft Lot
  • Northwest Facing Home

Parking

  • 2 Carport Spaces

Home Design

  • Piling Construction
  • Masonry

Interior Spaces

  • 989 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

0

Listing Details

  • Zoning: RM-2.5
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 989
  • Stories: 3
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor

Exterior Features

  • Foundation: Piling
  • View: Ocean, Water, Water Front
  • Property Faces: Northwest
  • Construction Type: Cinder Block, Masonry

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Schools

  • High School: 826

Lot Info

  • Lot Acres: 0.0150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 653.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 653.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 15, 2020
Sold by
Nelson Barbara A
Bought by
Singh Gaurav and Puri Sonal
Seller's Agent
Paul Bailey
Bailey Properties
Buyer's Agent
Joshua Bacorn
David Lyng Real Estate
List Price
$1,950,000
Sold Price
$1,770,000
Premium/Discount to List
-$180,000
-9.23%
Current Estimated Value
$1,867,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,888
Avg. Annual Appreciation
1.04%
Original Mortgage
$1,062,000
Outstanding Balance
$944,592
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$923,296

Purchase Details

Closed on
Aug 24, 2007
Sold by
Ribeiro Teresa Marie and The Teresa Marie Ribeiro 2000
Bought by
Nelson Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2000
Sold by
Ribeiro Teresa Marie
Bought by
Ribeiro Teresa Marie and Ribeiro Teresa Marie

Purchase Details

Closed on
Sep 17, 1999
Sold by
Anselm Kuno
Bought by
Ribeiro Teresa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Singh Gaurav $1,770,000 Stewart Title Of Ca Inc
Nelson Barbara A $1,995,000 First American Title Company
Ribeiro Teresa Marie -- --
Ribeiro Teresa Marie -- First American Title Co
Ribeiro Teresa Marie $950,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gaurav $1,062,000
Previous Owner Nelson Barbara A $1,396,500
Previous Owner Ribeiro Teresa Marie $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $1,770,000 -11.1% $1,790 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $1,990,000 +2.1% $2,012 / Sq Ft
07/03/2020 07/03/20 For Sale $1,950,000 -- $1,972 / 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 $21,781 $1,915,905 $1,628,519 $287,386
2023 $21,269 $1,841,508 $1,565,282 $276,226
2022 $20,857 $1,805,400 $1,534,590 $270,810
2021 $20,382 $1,770,000 $1,504,500 $265,500
2020 $27,046 $2,396,093 $2,036,679 $359,414
2019 $26,575 $2,349,111 $1,996,744 $352,367
2018 $25,885 $2,303,050 $1,957,592 $345,458
2017 $25,275 $2,220,994 $1,887,852 $333,142
2016 $23,306 $2,056,476 $1,748,009 $308,467
2015 $22,253 $1,940,072 $1,649,065 $291,007
2014 $20,062 $1,747,812 $1,485,642 $262,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81799460

MLSListings

APN: 043-072-01-000