$480,000
SOLD DEC 26, 2016
2 Beds
2 Baths
1,040 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$462 Per Sq Ft

6% Below List Price

136 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Dining Room
  • Mission Hill Middle School Rated A-
  • Bungalow
  • Wood Fence

About This Home

As of June 2017

Two bedroom, two bath single family home in East Santa Cruz. This is priced below comparable properties in the East Side Santa Cruz market area and could be your chance to build sweat equity. This would be a great contractors special as it needs work. Likely will require cash or renovation loan. No heat source and there are some code violations with the City of Santa Cruz that will have to be addressed by the new buyer. Shared driveway with adjacent 4 plex. Bring your tools and your dreams and make it happen!!

Last Agent to Sell the Property

Greg Weber

Vista Properties Inc License #01856328 Listed on: 08/04/2016

Last Buyer's Agent

Marcellina Catalano

Bailey Properties License #01941023

Bailey Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,171

Year Built

  • Built in 1924

Lot Details

  • 5,358 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 009-194-20-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,171

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Property Condition: Fixer Upper
  • Age: 92
  • Listing Class: Residential
  • Structure Sq Ft: 1040
  • Incorporated: Yes
  • Year Built: 1924
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Informal Dining Room
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1040
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Deck
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 009-194-20-000
  • Lot Acres: 0.1230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5357.88
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5357.88
  • 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
Apr 20, 2017
Closed on
Jun 22, 2017
Sold by
Wolfe Capital Investments Llc
Bought by
Olives Jonathan W and Yeo Anthony
Seller's Agent
Marcellina Catalano
Bailey Properties
Buyer's Agent
Olives Realty Olives Realty
Glen H. Olives-Olives Realty
List Price
$730,000
Sold Price
$711,750
Premium/Discount to List
-$18,250
-2.5%
Current Estimated Value
$1,217,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,915
Avg. Annual Appreciation
6.73%
Original Mortgage
$569,400
Outstanding Balance
$476,269
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$741,396

Purchase Details

Listed on
Aug 4, 2016
Closed on
Dec 23, 2016
Sold by
Wells Fargo Bank Na
Bought by
Wolfe Capital Investments Llc
Seller's Agent
Greg Weber
Vista Properties Inc
Buyer's Agent
Marcellina Catalano
Bailey Properties
List Price
$510,000
Sold Price
$480,000
Premium/Discount to List
-$30,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.44%
Original Mortgage
$580,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 10, 2015
Sold by
Maitoza Dennis Martin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 17, 2006
Sold by
Maitoza Dennis Martin and Maitoza Dennis M
Bought by
Maitoza Dennis Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Maitoza Grace Tara
Bought by
Maitoza Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $712,000 First American Title Company
Grant Deed $480,000 Orange Coast Title Company
Trustee Deed $448,975 Accommodation
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $569,400 New Conventional
Previous Owner $580,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $340,000 New Conventional
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $711,750 -2.5% $684 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $730,000 +52.1% $702 / Sq Ft
12/26/2016 12/26/16 Sold $480,000 -5.9% $462 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $510,000 0.0% $490 / Sq Ft
12/08/2016 12/08/16 Price Changed $510,000 -8.9% $490 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $560,000 0.0% $538 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $560,000 -- $538 / 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 $9,171 $826,047 $619,535 $206,512
2023 $9,059 $793,970 $595,477 $198,493
2022 $8,957 $778,402 $583,801 $194,601
2021 $8,770 $763,139 $572,354 $190,785
2020 $8,701 $755,315 $566,486 $188,829
2019 $8,509 $740,505 $555,378 $185,127
2018 $8,411 $725,985 $544,488 $181,497
2017 $5,787 $480,000 $384,000 $96,000
2016 $1,349 $87,014 $38,243 $48,771
2015 $1,219 $85,707 $37,669 $48,038
2014 $1,203 $84,028 $36,931 $47,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81598535

MLSListings

APN: 009-194-20-000