NOT LISTED FOR SALE

2590 S Main St Soquel, CA 95073

Estimated Value: $2,809,705

2.88 Acres
$974,915 Price per Acre
125,540 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $2,501,000

Est. 12% increase in value since last sale

Current estimated payment $16,853/month

141 Days on Market

About This Lot

As of June 2016

DEVELOPMENT SITE in outstanding mid-county location. Highway visibility and easy access at he Bay/Porter interchange. Directly across the street from the SCCAR office. Current owners propose a mixed use development of approximately 20,800 s.f. of retail/office and 28 efficiency residential units, but many other uses are possible - medical/dental, hotel, etc. Currently no entitlements.

Last Agent to Sell the Property

David Smith

David L. Smith, Broker License #00816858 Listed on: 11/04/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Lot Details

  • Partially Fenced Property
  • Lot Sloped Up
  • Mostly Level

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: C-2-GH
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Residential, Vacant
  • Development Status: No Site Approval
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 125540.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 125540.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Caye Properties Llc
Bought by
The Trout Farm Llc
Current Estimated Value
$2,809,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,600,385
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,209,320

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jun 21, 2016
Sold by
Soquel Main Street Village Llc
Bought by
Soquel Farmhouse Llc
Seller's Agent
David Smith
David L. Smith, Broker
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,950,000
Sold Price
$2,501,000
Premium/Discount to List
-$449,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$1,642,500
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2007
Sold by
Bear Elizabeth G
Bought by
Soquel Main Street Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 15, 1998
Bought by
Bear Elizabeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 1994
Sold by
Prindle Edward P and Prindle Carolyn L
Bought by
Prindle Edward P and Prindle Carolyn L
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
The Trout Farm Llc $2,500,000 Old Republic Title Company
Soquel Farmhouse Llc $2,501,000 First American Title Company
Soquel Main Street Village Llc $1,800,000 First American Title Company
Bear Elizabeth G $900,000 First American Title Co
Prindle Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Trout Farm Llc $1,760,000
Previous Owner Soquel Farmhouse Llc $1,642,500
Previous Owner Soquel Main Street Village Llc $1,000,000
Previous Owner Bear Elizabeth G $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $2,501,000 -15.2% --
03/25/2016 03/25/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $2,950,000 -- --
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 $26,107 $2,284,730 $2,190,026 $94,704
2023 $25,465 $2,196,011 $2,104,985 $91,026
2022 $25,118 $2,152,952 $2,063,710 $89,242
2021 $24,461 $2,110,737 $2,023,245 $87,492
2020 $24,232 $2,089,094 $2,002,499 $86,595
2019 $23,769 $2,048,132 $1,963,235 $84,897
2018 $23,630 $2,007,972 $1,924,740 $83,232
2017 $23,168 $1,968,600 $1,887,000 $81,600
2016 $22,379 $1,997,250 $1,608,896 $388,354
2015 $22,073 $1,967,250 $1,584,729 $382,521
2014 $21,593 $1,928,714 $1,553,686 $375,028
Source: Public Records

Agents Affiliated with this Home

  • David Smith

    Seller's Agent in 2016

    David Smith

    David L. Smith, Broker

    (831) 818-8558

    2 Total Sales

    David Smith
    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81521477

MLSListings

APN: 030-221-46-000

California Santa Cruz County Soquel 95073

2590 S Main St, Soquel, CA

Not Listed for Sale

Lots

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