NOT LISTED FOR SALE

Estimated Value: $1,189,000 - $2,213,999

2 Beds
3 Baths
1,836 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,400,000 $763 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,851/month

54 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Double Pane Windows
  • Mission Hill Middle School Rated A-
  • Balcony
  • 3-minute walk to Sunny Cove

About This Home

As of September 2018

Oceanside of East Cliff Drive around the corner to Sunny Cove and walking distance to Santa Maria Beach! This prime located Oceanview Triplex property is a terrific destination spot for beachgoers, walkers, cyclists, surfers, you name it! Nearby Santa Cruz Harbor with restaurants and boating along with renowned surf.

Last Agent to Sell the Property

Mike Morgan

Coldwell Banker Realty License #01138930 Listed on: 06/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Kelly Potter

California Real Estate License #02023972

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,724

Year Built

  • 1959

Lot Details

  • 2,831 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Triplex
  • Cape Cod Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,724

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1-4
  • Subclass: Triplex
  • Style: Cape Cod
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1836
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Oven - Electric, Refrigerator
  • Living Sq Ft: 1836
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Tar And Gravel
  • View: Bay, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Electric, Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2831.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2831.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Separate Electric, Separate Gas, Separate Other, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2018
Closed on
Sep 20, 2018
Sold by
Parker Robert J and Parker Robert J
Bought by
Lake Shore Land & Beach Llc
Seller's Agent
Mike Morgan
Coldwell Banker Realty
Buyer's Agent
Kelly Potter
California Real Estate
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Current Estimated Value
$1,877,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,000
Avg. Annual Appreciation
4.32%
Original Mortgage
$910,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2004
Sold by
Parker Richard and The Richard & Mary L Parker Li
Bought by
Parker Richard and The Mary L Parker Marital Disc
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
Lake Shore Land & Beach Llc $1,400,000 First American Title Company
Parker Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Shore Land & Beach Llc $870,000
Closed Lake Shore Land & Beach Llc $910,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $1,400,000 -12.2% $763 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $1,595,000 -- $869 / 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 $19,724 $1,561,727 $1,115,519 $446,208
2023 $18,734 $1,501,083 $1,072,202 $428,881
2022 $18,298 $1,471,650 $1,051,179 $420,471
2021 $17,778 $1,442,794 $1,030,567 $412,227
2020 $17,583 $1,428,000 $1,020,000 $408,000
2019 $17,199 $1,400,000 $1,000,000 $400,000
2018 $5,005 $294,576 $160,676 $133,900
2017 $4,894 $288,802 $157,526 $131,276
2016 $4,842 $283,140 $154,438 $128,702
2015 $4,584 $278,886 $152,118 $126,768
2014 $4,405 $273,422 $149,138 $124,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711704

MLSListings

APN: 028-221-01-000