NOT LISTED FOR SALE

Estimated Value: $2,051,000 - $2,602,000

4 Beds
3.5 Baths
2,356 Sq Ft
$966/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $1,580,000 $671 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $13,520/month

15 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Wood Flooring
  • Westlake Elementary School Rated A-
  • Deck
  • 1-minute walk to Who's Your Walkie

About This Home

As of August 2016

249 Walnut is a very special property that speaks to a unique, current lifestyle through a blend of old and new that warms, invites and embraces. Private gardens create a sanctuary in the heart of downtown. 12 foot ceilings and original interior details are stunning. The spectacular double-parlor is used as a living room and library. The flow through the home into the ultra-modern understated kitchen-family room with gardens and decks beyond is refreshing and perfect for casual entertaining. The home has 4 generous and sunny bedrooms, including a downstairs suite, 2.5 bathrooms and a versatile floorplan with spaces for family, friends, and in-home office. A detached garden/carriage house with bathroom sits charmingly at one corner of the 8000+s.f lot. Built in 1877 by F.A.Hihn as a wedding present for his daughter, the "Cope House" is a Santa Cruz landmark and treasure. Structural upgrades - new kitchen 2012. Open 7/7 9:30-12. Come fall in love!

Last Agent to Sell the Property

Ariane Otto

Christie's International Real Estate Sereno License #01185798 Listed on: 06/28/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Ariane Otto

Christie's International Real Estate Sereno License #01185798 Listed on: 06/28/2016

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,009

Year Built

  • Built in 1877

Lot Details

  • 8,189 Sq Ft Lot
  • Security Fence
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Back Yard

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Formal Dining Room
  • Den
  • Art Studio
  • Garden Views
  • Crawl Space
  • Security Gate
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 005-073-01-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,009

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 139
  • Listing Class: Residential
  • Structure Sq Ft: 2356
  • Year Built: 1877
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2356
  • Stories: 2
  • Security: Security Fence
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Artist Studio, Den / Study / Office, Formal Entry, Great Room, Guest House, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Quake Bracing, Raised
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced
  • Fencing: Complete Perimeter, Gate
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Santa Cruz City High
  • Elementary School: Westlake Elementary
  • Middle School: Mission Hill
  • High School: Santa Cruz High
  • High School: 852
  • Elementary School: 847
  • Middle School: 37458

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 005-073-01-000
  • Lot Acres: 0.1880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8189.28
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8189.28

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: carriage house

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Westlake Elementary
  • High School Text: Santa Cruz High
  • Middle School Text: Mission Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 26, 2016
Sold by
Lock Suna and 1877 Holdings Llc
Bought by
Cameron Mackenzie
Seller's Agent
Ariane Otto
Christie's International Real Estate Sereno
Buyer's Agent
Ariane Otto
Christie's International Real Estate Sereno
List Price
$1,595,000
Sold Price
$1,580,000
Premium/Discount to List
-$15,000
-0.94%
Current Estimated Value
$2,164,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,892
Avg. Annual Appreciation
4.16%
Original Mortgage
$417,000
Outstanding Balance
$333,879
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,942,719

Purchase Details

Closed on
Mar 27, 2015
Sold by
Lock Michael Karl
Bought by
1877 Holdings Llc

Purchase Details

Closed on
Jan 10, 2013
Sold by
Lock Michael Karl and Lock Suna
Bought by
Lock Suna and Lock Michael Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Nitz Frederic W
Bought by
Lock Michael Karl and Lock Suna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1998
Sold by
Harrison Tia Baldwin
Bought by
Nitz Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,715
Interest Rate
6.88%
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
Cameron Mackenzie $1,580,000 Stewart Title Of Ca Inc
1877 Holdings Llc $192,000 Stewart Title Of Ca Inc
Lock Suna -- Stewart Title Of Ca Inc
Lock Michael Karl $1,125,000 First American Title Co
Nitz Frederick W $825,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cameron Mackenzie $417,000
Previous Owner Lock Suna $450,000
Previous Owner Lock Michael K $87,000
Previous Owner Lock Michael Karl $864,000
Previous Owner Lock Michael Karl $900,000
Previous Owner Nitz Frederic W $859,950
Previous Owner Nitz Frederic W $100,000
Previous Owner Nitz Frederick W $618,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,580,000 -0.9% $671 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $1,595,000 -- $677 / 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 $20,009 $1,833,726 $974,892 $858,834
2023 $19,762 $1,762,520 $937,036 $825,484
2022 $19,535 $1,727,961 $918,663 $809,298
2021 $19,121 $1,694,080 $900,650 $793,430
2020 $18,968 $1,676,709 $891,415 $785,294
2019 $18,564 $1,643,832 $873,936 $769,896
2018 $18,349 $1,611,600 $856,800 $754,800
2017 $18,124 $1,580,000 $840,000 $740,000
2016 $14,284 $1,288,518 $687,213 $601,305
2015 $13,456 $1,215,583 $648,313 $567,270
2014 -- $1,095,120 $584,065 $511,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81592783

MLSListings

APN: 005-073-01-000