NOT LISTED FOR SALE

Estimated Value: $4,405,918 - $5,206,000

2 Beds
2 Baths
1,416 Sq Ft
$3,306/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $3,100,000 $2,189 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $28,656/month

15 Days on Market

Highlights

  • Ocean View
  • Deck
  • Bonus Room
  • Mission Hill Middle School Rated A-
  • Spanish Architecture
  • 2 Car Attached Garage

About This Home

As of November 2017

On the water! Oceanfront on one of the most sought after streets in Santa Cruz! Pleasure Point Drive.....with panoramic ocean views from every room. A world class surf spot with the best views available. This truly unique property has not been on the market since it was built. Walk down your own stairs to the surf with direct coastal access for all your water sports. Watch the incredible wildlife of Monterey Bay from every room in the house! Whales, dolphins, otters, and seabirds....all part of everyday living here. Full of charm and character as it sits or plenty of potential to upgrade to make this your dream come true!

Last Agent to Sell the Property

Scott Cheney

Bailey Properties License #00902643 Listed on: 08/01/2017

Last Buyer's Agent

Alistair Craft

Christie's International Real Estate Sereno License #01402715

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,204

Year Built

  • Built in 1937

Lot Details

  • 4,574 Sq Ft Lot
  • Gated Home
  • Fenced Front Yard
  • Level Lot
  • Sprinkler System
  • Zoning described as R-1-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Wood Frame Construction
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Storage Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Synthetic Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 032-232-04-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,204

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Property Condition: Fixer Upper
  • Age: 80
  • Listing Class: Residential
  • Structure Sq Ft: 1416
  • Year Built: 1937
  • Zoning Description: R-1-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Synthetic, Garbage Disposal, Oven Range - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 1416
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay
  • View: Ocean, Water Front
  • Yard/Grounds: BBQ Area, Deck, Sprinklers - Lawn
  • Fencing: Fenced Front, Gate
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 032-232-04-000
  • Lot Acres: 0.1050
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4574.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4574.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 24, 2017
Sold by
Walters Kevin and Walters Matthew
Bought by
Rielly William S and Rielly Heidi G
Seller's Agent
Scott Cheney
Bailey Properties
Buyer's Agent
Alistair Craft
Christie's International Real Estate Sereno
List Price
$2,995,000
Sold Price
$3,100,000
Premium/Discount to List
$105,000
3.51%
Current Estimated Value
$4,680,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,580,639
Avg. Annual Appreciation
5.30%
Original Mortgage
$2,100,000
Outstanding Balance
$1,723,221
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,926,847

Purchase Details

Closed on
Dec 15, 2004
Sold by
Walters Kevin and Walters Matthew
Bought by
Walters Kevin and Walters Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Walters Ronald Stuart and Walters Kevin
Bought by
Walters Kevin and Walters Matthew
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
Rielly William S $3,100,000 First American Title Company
Walters Kevin -- Alliance Title Company
Walters Kevin -- Multiple
Walters Kevin $334,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rielly William S $2,100,000
Previous Owner Walters Kevin $414,000
Previous Owner Walters Kevin $417,000
Previous Owner Walters Kevin $280,000
Previous Owner Walters Kevin $1,500,000
Previous Owner Walters Kevin $999,000
Previous Owner Walters Kevin $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $3,100,000 +3.5% $2,189 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $2,995,000 -- $2,115 / 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 $40,204 $3,552,740 $3,174,544 $378,196
2023 $38,416 $3,414,783 $3,051,273 $363,510
2022 $37,611 $3,347,827 $2,991,444 $356,383
2021 $36,482 $3,258,653 $2,932,788 $325,865
2020 $36,147 $3,225,240 $2,902,716 $322,524
2019 $35,343 $3,162,000 $2,845,800 $316,200
2018 $34,774 $3,100,000 $2,790,000 $310,000
2017 $12,823 $1,070,900 $894,140 $176,760
2016 $12,564 $1,049,902 $876,608 $173,294
2015 $12,412 $1,034,130 $863,440 $170,690
2014 $12,239 $1,013,872 $846,526 $167,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81672280

MLSListings

APN: 032-232-04-000