NOT LISTED FOR SALE

Estimated Value: $1,944,000 - $2,433,000

4 Beds
2.5 Baths
2,436 Sq Ft
$881/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $1,499,000 $615 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,874/month

26 Days on Market

Highlights

  • Family Room with Fireplace
  • Vaulted Ceiling
  • Granite Countertops
  • Aptos High School Rated A-
  • Spanish Architecture
  • Neighborhood Views

About This Home

As of August 2017

322 Martin Drive, Rio Del Mar is a turn-key home appointed with sophisticated touches, setting up well as a family home, second home or an entertainer's wonderland. As you enter from the driveway through the mature, well-manicured landscaping into the dramatic living room you will instantly know you have found something special! Beyond its doors you will find four spacious bedrooms, a large custom master bathroom, a gourmet kitchen with updated appliances and great indoor/outdoor flow, two elegant indoor fireplaces, and a custom-built outdoor fireplace/grill/pizza oven on a large, gorgeous wind-protected outdoor flagstone patio. This is the ideal home for entertaining and relaxing; landscaping is low-maintenance, and the best part: it’s just an easy five to ten minute walk to the beach. If you have school-age children, are looking for a great place to retire, or are seeking a spacious and elegant second home, make 322 Martin Drive your next paradise!

Last Agent to Sell the Property

Ben Strock

Strock Real Estate License #01337838 Listed on: 06/27/2017

Last Buyer's Agent

Robert Godar

Intero Real Estate Services License #01356357

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,687

Year Built

  • Built in 1995

Lot Details

  • 5,968 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-1-6

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,436 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 043-031-01-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,687

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 2436
  • Year Built: 1995
  • Zoning Description: R-1-6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Free Standing, Gas Burning, Gas Log, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator
  • Living Sq Ft: 2436
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Laundry Room, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Tile, Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: BBQ Area, Courtyard, Fenced
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 043-031-01-000
  • Lot Acres: 0.1370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5968.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5968.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Rio del Mar Elementary
  • High School Text: Aptos High
  • Middle School Text: Aptos Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Davis Carol and Barbara Malasoma Living Trust
Bought by
Davis Carol and Carol Revocable Family Trust
Current Estimated Value
$2,146,189

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 23, 2017
Sold by
Horne John Gregory and Horne Kathleen Jolene
Bought by
Davis Carol and Carol Davis Revocable Family T
Seller's Agent
Ben Strock
Strock Real Estate
Buyer's Agent
Robert Godar
Intero Real Estate Services
List Price
$1,595,000
Sold Price
$1,499,000
Premium/Discount to List
-$96,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Horne John Gregory
Bought by
Horne John Gregory and Horne Kathleen Jolene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 1995
Sold by
Jordan Kevin E and Jordan Julie J
Bought by
Horne John Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
7.38%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Parker Joseph W and Fuss Edward
Bought by
Jordan Kevin E and Jordan Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.29%
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
Davis Carol -- None Available
Davis Carol $1,499,000 Old Republic Title Company
Horne John Gregory -- Santa Cruz Title Company
Horne John Gregory $389,500 First American Title Ins Co
Jordan Kevin E $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horne John Gregory $71,500
Previous Owner Horne John Gregory $311,600
Previous Owner Jordan Kevin E $112,000
Closed Horne John Gregory $38,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $1,499,000 +0.3% $615 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/18/2017 07/18/17 Price Changed $1,495,000 -6.3% $614 / Sq Ft
06/27/2017 06/27/17 For Sale $1,595,000 -- $655 / 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 $19,687 $1,706,441 $1,143,107 $563,334
2023 $19,085 $1,640,177 $1,098,718 $541,459
2022 $18,711 $1,608,018 $1,077,176 $530,842
2021 $18,269 $1,576,488 $1,056,054 $520,434
2020 $17,978 $1,560,323 $1,045,226 $515,097
2019 $17,655 $1,528,980 $969,001 $559,979
2018 $17,191 $1,499,001 $950,000 $549,001
2017 $6,992 $557,540 $229,029 $328,511
2016 $6,698 $546,608 $224,538 $322,070
2015 $6,740 $538,397 $221,165 $317,232
2014 $6,578 $527,851 $216,833 $311,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81667733

MLSListings

APN: 043-031-01-000