NOT LISTED FOR SALE

2998 Chen Way Soquel, CA 95073

Estimated Value: $1,414,000 - $1,528,000

4 Beds
3.5 Baths
2,350 Sq Ft
$633/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,250,000 $532 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,090/month

54 Days on Market

Highlights

  • 2 Car Attached Garage
  • Breakfast Bar
  • Family or Dining Combination
  • Main Street Elementary School Rated A-
  • Forced Air Heating System
  • Gas Log Fireplace

About This Home

As of August 2021

Absolutely stunning home! Owner used only the highest-grade materials to make this property a showcase. 4-bedroom 3.5-bath with master bedrooms on both floors. The downstairs master includes a large master bath, walk-in shower, custom tile, Grohe rain shower fixture, 2 custom sinks, slate floors, and granite counters. Upstairs master suite is (17X 23) and includes both a walk-in and linen closets. The oversized master bath has slate floors, a walk-in rain shower, a clawfoot soaking tub, a granite counter, and copper sinks. Brm 3 is (15X16) and is set up as a dance/yoga studio or office. The large 4th brm has a walk-in closet with access to the decked-over attic for additional storage. The kitchen WOW. Quartz counters, stainless steel KitchenAid professional stove and fridge, Milie dishwasher, down-draft stove vent plus a large pantry. Add to this a re-finished 2-car garage, 30 solar panels and easy access to Hwy 1, Capitola & Soquel Village.

Last Agent to Sell the Property

Jeremy Larson

eXp Realty of California Inc License #01940532 Listed on: 05/15/2021

eXp Realty of California Inc

Last Buyer's Agent

Joshua Bacorn

Sherman & Boone Realtors License #01884101

Home Details

Home Type

  • Single Family

Year Built

  • 1987

Lot Details

  • 7,841

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,350 Sq Ft Home
  • Gas Log Fireplace
  • Family or Dining Combination
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Association fees include maintenance - road
  • Chen Way Road Maintenance Fund Association

Home Details

Home Type

Single Family

Year Built

1987

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Zoning: R-1-6
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2350
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Fireplace: Gas Burning, Gas Log
  • Dining Room: Breakfast Bar, Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 2350
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Annually
  • Association Fees Include: Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: Chen Way Road Maintenance Fund

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 5, 2021
Sold by
Diaz Michael and The Howard James Gustin Trust
Bought by
Robles Colmenares David and Robles Ana M
Seller's Agent
Jeremy Larson
eXp Realty of California Inc
Buyer's Agent
Joshua Bacorn
Sherman & Boone Realtors
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Current Estimated Value
$1,486,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,695
Avg. Annual Appreciation
3.99%
Original Mortgage
$980,000
Outstanding Balance
$892,452
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$594,243

Purchase Details

Closed on
May 5, 2020
Sold by
Gustin Howard J
Bought by
Gustin Howard James and Howard James Gustin Trust

Purchase Details

Listed on
May 6, 2015
Closed on
Dec 2, 2015
Sold by
Matick Suzanne
Bought by
Gustin Howard J
Seller's Agent
Honora Robertson
Robertson Real Estate
Buyer's Agent
James Rivoir
David Lyng Real Estate
List Price
$820,000
Sold Price
$761,000
Premium/Discount to List
-$59,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robles Colmenares David $1,250,000 First American Title Company
Gustin Howard James -- None Available
Gustin Howard J $761,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Colmenares David $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $1,250,000 0.0% $532 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $1,250,000 -3.5% $532 / Sq Ft
05/15/2021 05/15/21 For Sale $1,295,000 +70.2% $551 / Sq Ft
12/07/2015 12/07/15 Sold $761,000 -7.2% $372 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $820,000 -- $401 / 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 $15,590 $1,326,510 $795,906 $530,604
2023 $15,254 $1,275,000 $765,000 $510,000
2022 $15,082 $1,250,000 $750,000 $500,000
2021 $12,058 $985,000 $600,000 $385,000
2020 $10,228 $820,436 $494,239 $326,197
2019 $9,990 $804,349 $484,548 $319,801
2018 $9,863 $791,745 $475,047 $316,698
2017 $9,729 $776,220 $465,732 $310,488
2016 $9,206 $761,000 $456,600 $304,400
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Larson

    Seller's Agent in 2021

    Jeremy Larson

    eXp Realty of California Inc

    (831) 212-5360

    6 in this area

    35 Total Sales

    Jeremy Larson
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Bacorn

    Sherman & Boone Realtors

    Section Image
  • Honora Robertson

    Seller's Agent in 2015

    Honora Robertson

    Robertson Real Estate

    (831) 588-7426

    8 Total Sales

    Honora Robertson
    Section Image

  • J

    Buyer's Agent in 2015

    James Rivoir

    David Lyng Real Estate

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81851747

MLSListings

APN: 037-181-30-000

California Santa Cruz County Soquel 95073

2998 Chen Way, Soquel, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes