NOT LISTED FOR SALE

308 River St Unit B16 Santa Cruz, CA 95060

Estimated Value: $592,671 - $651,000

1 Bed
1 Bath
710 Sq Ft
697 Sq Ft Lot

Last Sold May 10, 2021

Last sale price $515,000 $725 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,790/month

10 Days on Market

Highlights

  • Private Pool
  • Breakfast Room
  • Open to Family Room
  • Mission Hill Middle School Rated A-
  • 2 Car Detached Garage
  • Electric Gate

About This Home

As of May 2021

This is a rare 1-bedroom condo that lives like a 2-bedroom. Seller has installed beautiful, custom room dividers that easily convert the living room into a second bedroom in just seconds! This flexible configuration is enhanced by a murphy bed that folds flat against the wall when not in use (murphy bed is negotiable). This complex is a well maintained, gated community that includes an inviting pool. Additionally, this downtown property enjoys lovely views in all directions and is a quick bus ride to ucsc. The unit is super desirable in that it's a top-floor, end-unit with no common walls to another unit other than the one below. Other highlights include new vinyl clad-dual pane windows and slider, rich hardwood flooring, custom lighting, new interior doors, fresh paint and more. Your even a short stroll to all the amenities the downtown has to offer that include shopping, entertainment venues, dining and gourmet coffee shops.. There's even a private gate to the River Walk Bike Path.

Last Agent to Sell the Property

Michael Whiting

David Lyng Real Estate License #00974801 Listed on: 03/30/2021

David Lyng Real Estate

Last Buyer's Agent

Nancy Knuth

Keller Williams Palo Alto License #01254001

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,461

Year Built

  • 1993

Lot Details

  • 697

Parking

  • 2 Car Detached Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Breakfast Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Private Pool
  • South Facing Home

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Shoreline Property Managment Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,461

Year Built

1993

Lot Details

0

Parking

2

Listing Details

  • Zoning: res
  • Subclass: Condominium
  • Building Number: B
  • Restrictions: Age - No Restrictions
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 710
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1993

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Room
  • Living Sq Ft: 710
  • Stories: 1
  • Security: Secured Garage / Parking
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Property Faces: South
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage, Electric Gate, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 481
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Shoreline Property Managment

Multi Family

  • Utilities: Individual Electric Meters
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 18, 2021
Sold by
Mueller Stephen John
Bought by
Mueller Stephen John
Seller's Agent
Michael Whiting
David Lyng Real Estate
Buyer's Agent
Nancy Knuth
Keller Williams Palo Alto
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%
Current Estimated Value
$616,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,918
Avg. Annual Appreciation
4.08%
Original Mortgage
$412,000
Outstanding Balance
$373,375
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$243,543

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 30, 2021
Sold by
Chase David
Bought by
Mueller Stephen John
Seller's Agent
Michael Whiting
David Lyng Real Estate
Buyer's Agent
Nancy Knuth
Keller Williams Palo Alto
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$373,375
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$243,543

Purchase Details

Listed on
May 4, 2018
Closed on
Apr 27, 2018
Sold by
Marcus Steven
Bought by
Chase David
Seller's Agent
John Flaniken
David Lyng Real Estate
Buyer's Agent
Paul Fortino
David Lyng Real Estate
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$322,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Mowrey Frank A
Bought by
Marcus Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,955
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2005
Sold by
Courcier Christina
Bought by
Mowrey Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2004
Sold by
Kapler Paul R and Kapler Sharon W
Bought by
Courcier Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Kapler Paul R and Kapler Sharon W
Bought by
Kapler Paul R and Kapler Sharon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Kapler Paul R and Kapler Sharon W
Bought by
Kapler Paul R and Kapler Sharon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1995
Sold by
Kapler Paul R and Kapler Sharon W
Bought by
Kapler Paul R and Kapler Sharon W

Purchase Details

Closed on
Mar 11, 1994
Sold by
River Street Place
Bought by
Kapler Paul R and Kapler Sharon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Mueller Stephen John -- Accommodation
Mueller Stephen John $515,000 Old Republic Title Company
Chase David $460,000 Old Republic Title Company
Marcus Steven $199,000 First American Title Company
Mowrey Frank A $405,000 First American Title Co
Courcier Christina $316,000 First American Title Co
Kapler Paul R -- --
Kapler Paul R -- Multiple
Kapler Paul R -- --
Kapler Paul R $119,000 Santa Cruz Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Stephen John $412,000
Previous Owner Chase David $322,000
Previous Owner Marcus Steven $193,955
Previous Owner Mowrey Frank A $324,000
Previous Owner Courcier Christina $252,750
Previous Owner Kapler Paul R $107,000
Previous Owner Kapler Paul R $83,300
Closed Courcier Christina $31,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2021 05/10/21 Sold $515,000 +3.0% $725 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $499,900 +8.7% $704 / Sq Ft
05/04/2018 05/04/18 Sold $460,000 +2.2% $648 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $450,000 -- $634 / 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 $6,461 $557,452 $418,089 $139,363
2023 $6,386 $535,807 $401,855 $133,952
2022 $6,317 $525,300 $393,975 $131,325
2021 $5,767 $483,543 $362,657 $120,886
2020 $5,723 $478,584 $358,938 $119,646
2019 $5,595 $469,200 $351,900 $117,300
2018 $2,938 $219,677 $131,806 $87,871
2017 $2,905 $215,371 $129,222 $86,149
2016 $2,765 $211,148 $126,688 $84,460
2015 $2,623 $207,976 $124,785 $83,191
2014 $2,583 $203,902 $122,341 $81,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81836586

MLSListings

APN: 008-471-13-000