NOT LISTED FOR SALE

Estimated Value: $536,533 - $609,000

1 Bed
1 Bath
590 Sq Ft
$291/mo HOA Fee

Last Sold October 05, 2018

Last sale price $412,000 $698 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,775/month

26 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Contemporary Architecture
  • Westlake Elementary School Rated A-
  • City Lights View
  • Vaulted Ceiling

About This Home

As of October 2018

Idyllic Urban Nest! Bright and cheerful, top floor Studio with enchanting views of iconic rooftops, mature trees, blue skies and the Santa Cruz Mountains. Vaulted ceilings, floor to ceiling windows, abundant natural light, a lovely balcony-perch and the open loft bedroom give this home stature beyond its nominal size. Stainless appliances, granite counters, pretty and practical laminate floors and quality hardware give it class. There are closets here and there and a washer & dryer too. This virtually new, modern and secure 16 unit building offers a lighted lobby, gated covered parking, individual storage units, an elevator and professional management. Walk to Downtown theaters, eateries, pubs, New Leaf, the Farmers Market, SC Warriors games, the beach and more, then return to your peaceful refuge above the bustle. Swoop right in before someone else does!

Last Agent to Sell the Property

Katrin Tobin

Coldwell Banker Realty License #01356724 Listed on: 08/18/2018

Coldwell Banker Realty

Last Buyer's Agent

Sam Bird-Robinson

Christie's International Real Estate Sereno License #01901727

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 2014

Lot Details

  • 479

HOA Fees

  • $291 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 590 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Electric Oven
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Loft Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Additional Features

  • Balcony
  • Security Fence
  • Unit is on the top floor
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 007-511-06-000

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - flood, insurance - structure, maintenance - exterior, management fee, reserves, roof
  • 16 Units
  • Laurel Street Commons HOA
  • Built by Laurel Street Commons

Amenities

  • Elevator
  • Community Storage Space

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,426

Year Built

Built in 2014

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Subclass: Condominium
  • Style: Contemporary, Modern / High Tech
  • Restrictions: Pets - Rules
  • Age: 4
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Min Numberof Unitsin Complex: 16
  • Structure Sq Ft: 590
  • Complex Name: Laurel Street Commons
  • Incorporated: Yes
  • Year Built: 2014
  • Zoning Description: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 590
  • Stories: 2
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Fence
  • Bedrooms: Loft Bedroom
  • Laundry: Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: City Lights, Mountains
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Common Parking Area, Covered Parking, Electric Gate, Gate / Door Opener
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 291
  • HOA Amenities: Additional Storage, Community Security Gate, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Flood, Insurance - Structure, Maintenance - Exterior, Management Fee, Reserves, Roof
  • H O A Name Text: Laurel Street Commons HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 007-511-06-000
  • Lot Acres: 0.0110
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 479.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 479.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Sep 28, 2018
Sold by
Blank Steven Charles and Blank Karen Lucille
Bought by
Watters Sarah Talcott
Seller's Agent
Katrin Tobin
Coldwell Banker Realty
Buyer's Agent
Sam Bird-Robinson
Christie's International Real Estate Sereno
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%
Current Estimated Value
$553,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,709
Avg. Annual Appreciation
5.14%
Original Mortgage
$125,000
Outstanding Balance
$109,231
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$471,652

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 24, 2015
Sold by
Carney Ian and Carney Amy
Bought by
Laurel Street Commons Owners Association
Seller's Agent
Sheila Feddema
Sherman & Boone Realtors
Buyer's Agent
Katrin Tobin
Coldwell Banker Realty
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$287,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 12, 2015
Sold by
Carney Ian and Carney Amy
Bought by
Blank Steven Charles and Blank Karen Lucille
Seller's Agent
Sheila Feddema
Sherman & Boone Realtors
Buyer's Agent
Katrin Tobin
Coldwell Banker Realty
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2015
Sold by
Laurel Street Investors Llc
Bought by
Carney Ian and Carney Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,800
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Watters Sarah Talcott $412,000 Old Republic Title Company
Laurel Street Commons Owners Association -- Old Republic Title Company
Blank Steven Charles $359,000 Old Republic Title Company
Carney Ian $349,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watters Sarah Talcott $125,000
Previous Owner Blank Steven Charles $287,200
Previous Owner Carney Ian $209,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $412,000 -3.1% $698 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $425,000 +18.4% $720 / Sq Ft
12/03/2015 12/03/15 Sold $359,000 0.0% $608 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $359,000 +2.6% $608 / Sq Ft
06/30/2015 06/30/15 Sold $350,000 +0.3% $677 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $349,000 -- $675 / 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 $5,426 $459,594 $321,716 $137,878
2023 $5,364 $441,747 $309,223 $132,524
2022 $5,307 $433,086 $303,160 $129,926
2021 $5,203 $424,594 $297,216 $127,378
2020 $5,164 $420,240 $294,168 $126,072
2019 $5,049 $412,000 $288,400 $123,600
2018 $4,656 $373,504 $261,453 $112,051
2017 $4,601 $366,180 $256,326 $109,854
2016 $2,432 $179,541 $86,343 $93,198
2015 $2,293 $176,844 $85,046 $91,798
2014 -- $48,380 $48,380 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81719607

MLSListings

APN: 007-511-06-000