NOT LISTED FOR SALE

Estimated Value: $1,679,000 - $2,056,000

3 Beds
2.5 Baths
1,964 Sq Ft
$948/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $1,315,000 $670 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,141/month

51 Days on Market

Highlights

  • Art Studio
  • Craftsman Architecture
  • Main Floor Bedroom
  • Westlake Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Who's Your Walkie

About This Home

As of July 2018

Craftsman home built in 1916 with 3 bedrooms/2 baths, spacious and bright with detached Accessory Building.. 325 Chestnut Street has been expanded, improved and lovingly maintained. The permitted accessory building is 304 sq feet plus 102 sf loft is a wonderful addition which adds flare to this downtown gem! . The arts and craft details include amazing Lundberg light fixtures, gum wood wainscoting, hardwoods everywhere, soaring ceilings, skylights, claw foot bathtub, bay windows, garden pathways and more. The kitchen overlooks the zen-like garden, an oasis with mature landscaping including Meyer lemon trees, giant bamboo, Trex decking, copper gutters, and multiple storage areas inside and out. Buyer to confirm all square footage and permits.

Last Agent to Sell the Property

Celeste Faraola

Schooner Realty License #01077450 Listed on: 04/26/2018

Last Buyer's Agent

Michele Replogle

David Lyng Real Estate License #01454037

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,142

Year Built

  • Built in 1916

Lot Details

  • 6,273 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as RM

Home Design

  • Craftsman Architecture
  • Combination Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,964 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Bay Window
  • Garden Windows
  • Dining Area
  • Den
  • Art Studio
  • Workshop
  • Storage Room
  • Neighborhood Views
  • Attic

Kitchen

  • Open to Family Room
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-502-07-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,142

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 1964
  • Year Built: 1916
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 1964
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Concrete, Hardwood, Laminate, Vinyl / Linoleum, Wood
  • Additional Rooms: Artist Studio, Attic, Den / Study / Office, Laundry Room, Office Area, Storage, Workshop
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Property Faces: Southeast
  • Construction Type: Stucco, Wood

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: On Street, Parking Restrictions, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, High Ceiling, Open Beam Ceiling, Skylight, Walk-in Closet

Schools

  • High School: 852

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-502-07-000
  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6272.64
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6272.64

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: accessorybldg

MLS Schools

  • High School District Text: Santa Cruz City High
  • High School Text: Santa Cruz High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 6, 2018
Sold by
Roberts John B and Kane Sara T
Bought by
Ratan Suneel and Ratan Kristen
Seller's Agent
Celeste Faraola
Schooner Realty
Buyer's Agent
Michele Replogle
David Lyng Real Estate
List Price
$1,499,000
Sold Price
$1,315,000
Premium/Discount to List
-$184,000
-12.27%
Current Estimated Value
$1,862,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,204
Avg. Annual Appreciation
4.85%
Original Mortgage
$920,500
Outstanding Balance
$797,751
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,064,453

Purchase Details

Closed on
Feb 28, 2000
Sold by
Kane Sara T Uw
Bought by
Roberts John B and Kane Sara T
Source: Public Records

Range of Values:

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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
Ratan Suneel $1,315,000 Old Republic Title Company
Robert John B -- Old Republic Title Company
Roberts John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratan Suneel $920,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $1,315,000 -1.4% $670 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/16/2018 06/16/18 Price Changed $1,333,000 -3.2% $679 / Sq Ft
05/30/2018 05/30/18 Price Changed $1,377,000 -8.1% $701 / Sq Ft
04/26/2018 04/26/18 For Sale $1,499,000 -- $763 / 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 $16,142 $1,472,644 $1,115,519 $357,125
2023 $15,943 $1,415,460 $1,072,202 $343,258
2022 $15,762 $1,387,706 $1,051,179 $336,527
2021 $15,429 $1,360,496 $1,030,567 $329,929
2020 $15,249 $1,341,300 $1,020,000 $321,300
2019 $14,922 $1,315,000 $1,000,000 $315,000
2018 $3,637 $296,724 $103,178 $193,546
2017 $3,292 $290,906 $101,156 $189,750
2016 $3,106 $285,202 $99,172 $186,030
2015 $3,027 $280,918 $97,682 $183,236
2014 $2,974 $275,414 $95,768 $179,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81702822

MLSListings

APN: 006-502-07-000