NOT LISTED FOR SALE

318 Capitola Ave Unit 5 Capitola, CA 95010

Estimated Value: $919,000 - $1,229,000

2 Beds
1.5 Baths
1,240 Sq Ft
$375/mo HOA Fee

Last Sold October 31, 2019

Last sale price $900,000 $726 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,103/month

164 Days on Market

Highlights

  • Mountain View
  • Mediterranean Architecture
  • Quartz Countertops
  • Main Street Elementary School Rated A-
  • End Unit
  • 2-minute walk to Barrys Park

About This Home

As of October 2019

The best of both worlds! Vacation in your fully furnished condo (everything stays) whenever you like in the lovely Village of Capitola. Coastal living at its best - boating, swimming, fishing, hiking! This unit is located in the Vacation Rental Zone in the Village and qualifies as a vacation rental (nightly) should you want an income property. Reverse floor plan with 2 bedrooms and a full bath on the lower level. The living room, dining area, kitchen and ½ bath are on the upper level with a private patio overlooking the town, the train trestle. Did I mention you're only 1-1/2 blocks to the ocean, the wharf and Esplanade for great shopping and fine dining. 2-car garage.

Last Agent to Sell the Property

Ted Mendoza

eXp Realty of California Inc License #00368472 Listed on: 04/30/2019

eXp Realty of California Inc

Last Buyer's Agent

Alice Campbell

Manzanita Ventures Inc. License #00799024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,702

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Grass Covered Lot

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Reverse Style Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • Skylights
  • Separate Family Room
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • Association fees include cable / dish, garbage, insurance - common area, insurance - flood, insurance - liability, insurance - structure, water
  • 318 Capitola Ave HOA

Listing and Financial Details

  • Assessor Parcel Number 035-181-29-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,702

Year Built

Built in 1984

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Age: 35
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 5
  • Structure Sq Ft: 1240
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Skylight
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1240
  • Stories: 2
  • Bedrooms: Reverse Floor Plan
  • Laundry: Electricity Hookup (110V), Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Split Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Foundation Pillars
  • Roof: Composition
  • View: Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 375
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Garbage, Insurance - Common Area, Insurance - Flood, Insurance - Liability, Insurance - Structure, Water
  • H O A Name Text: 318 Capitola Ave HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Inverted Floor Plan, Skylight

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 035-181-29-000
  • Lot Acres: 0.0170
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 741.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 741.00

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 28, 2019
Sold by
Mccormick Michael V and Mccormick Karen R
Bought by
Conine Genevieve Lee and Genevieve Lee Conine Revocable
Seller's Agent
Ted Mendoza
eXp Realty of California Inc
Buyer's Agent
Alice Campbell
Manzanita Ventures Inc.
List Price
$1,050,000
Sold Price
$900,000
Premium/Discount to List
-$150,000
-14.29%
Current Estimated Value
$1,085,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,009
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Mccormick Michael V and Mccormick Karen
Bought by
Mccormick Michael V and Mccormick Karen R

Purchase Details

Closed on
Sep 8, 2004
Sold by
Hays Randall T and Hays Cheryl A
Bought by
Mccormick Michael V and Mccormick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1994
Sold by
Hays Randall T and Hays Cheryl A
Bought by
Hays Randall T and Hays Cheryl A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Conine Genevieve Lee $900,000 First American Title Company
Mccormick Michael V -- --
Mccormick Michael V $750,000 First American Title Co
Hays Randall T -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccormick Michael V $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $900,000 -14.3% $726 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,050,000 -- $847 / 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 $11,702 $984,282 $639,783 $344,499
2023 $11,332 $946,060 $614,939 $331,121
2022 $11,210 $927,511 $602,882 $324,629
2021 $10,951 $909,324 $591,061 $318,263
2020 $10,837 $900,000 $585,000 $315,000
2019 $11,185 $937,178 $718,504 $218,674
2018 $11,008 $918,802 $704,416 $214,386
2017 $8,851 $720,651 $525,542 $195,109
2016 $7,798 $655,137 $477,765 $177,372
2015 $7,056 $595,579 $434,331 $161,248
2014 $6,412 $536,558 $391,289 $145,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81767978

MLSListings

APN: 035-181-29-000