2603 Monterey Ave Soquel, CA 95073
Soquel NeighborhoodEstimated payment $22,201/month
Highlights
- City Lights View
- 3.5 Acre Lot
- Partially Fenced Property
- Main Street Elementary School Rated A-
- Seasonal Stream
About This Lot
A unique development opportunity in desirable Soquel California. Located in a newly created zoning designated for high density residential, RF-min, Residential Flexible. RF flexible zoning was adopted by Santa Cruz County in December of 2024 and allows for 47+/- units on this 3.5 acres with potential to scale up! Proximity to New Brighton State Park Beach, Cabrillo College, Grade Schools and the Soquel Drive Transportation Corridor, makes this location ideal for meeting the States housing requirements and fulfilling your development and/or 1031 Exchange needs. The property contains two vintage cottages plus appurtenant garage and storage space. The property is served with Natural Gas, Public Sewer and a Private Well with Public Water service lines in close proximity along Monterey Avenue.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,438
Lot Details
- 3.5 Acre Lot
- Partially Fenced Property
- Lot Sloped Up
- Mostly Level
Property Views
- City Lights
- Mountain
- Park or Greenbelt
Outdoor Features
- Seasonal Stream
Utilities
- Gas Available
- Well
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $7,438 | $537,174 | $383,696 | $153,478 |
| 2022 | $7,322 | $526,640 | $376,172 | $150,468 |
| 2021 | $7,035 | $516,314 | $368,796 | $147,518 |
| 2020 | $7,052 | $511,018 | $365,014 | $146,004 |
| 2019 | $6,747 | $501,000 | $357,858 | $143,142 |
| 2018 | $6,630 | $491,176 | $350,840 | $140,336 |
| 2017 | $6,536 | $481,544 | $343,962 | $137,582 |
| 2016 | $6,212 | $472,102 | $337,218 | $134,884 |
| 2015 | $6,021 | $465,012 | $332,151 | $132,861 |
| 2014 | $5,904 | $455,903 | $325,645 | $130,258 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Price Changed | $3,500,000 | 0.0% | $1,716 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $3,500,000 | -7.9% | -- |
| 05/07/2025 05/07/25 | Price Changed | $3,800,000 | -2.6% | $1,863 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $3,900,000 | -- | $1,912 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | -- | Old Republic Title Company | |
| Grant Deed | $350,000 | Santa Cruz Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,000 | New Conventional | |
| Closed | $168,000 | Unknown | |
| Previous Owner | $175,000 | No Value Available |
Source: MLSListings
MLS Number: ML81990268
APN: 037-191-12-000
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