NOT LISTED FOR SALE

331 Palisades Ave Santa Cruz, CA 95062

Pleasure Point Neighborhood

Estimated Value: $1,696,000 - $2,542,000

2 Beds
2 Baths
1,154 Sq Ft
$1,779/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $1,840,000 $1,594 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,065/month

6 Days on Market

Highlights

  • Dining Room
  • Baseboard Heating
  • Wood Burning Fireplace
  • Mission Hill Middle School Rated A-

About This Home

As of August 2022

The beach home you have been waiting for! This zen like beach bungalow sits off the street giving supreme privacy and over looks Moran Lake. There are 2 bedrooms, 2 bathrooms, and multiple outdoor seating areas to enjoy all aspects of the property and beach life. Located in Pleasure Point, walk to shops, surf and restaurants.

Last Agent to Sell the Property

Jessyka Sommers

David Lyng Real Estate License #01868652 Listed on: 07/26/2022

David Lyng Real Estate

Last Buyer's Agent

Michael Lavigne

Compass License #01782392

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,580

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Zoning described as R-1-5-PP

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,154 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 028-281-07-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,580

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1154
  • Year Built: 1961
  • Zoning Description: R-1-5-PP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, No Formal Dining Room
  • Living Sq Ft: 1154
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Parcel Number: 028-281-07-000
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

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
Jul 26, 2022
Closed on
Aug 11, 2022
Sold by
Bagby Roy W and Bagby Gail
Bought by
Pan Trust
Seller's Agent
Jessyka Sommers
David Lyng Real Estate
Buyer's Agent
Michael Lavigne
Compass
List Price
$1,695,000
Sold Price
$1,840,000
Premium/Discount to List
$145,000
8.55%
Current Estimated Value
$2,052,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,400
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,380,000
Outstanding Balance
$1,300,733
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$729,213
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
Pan Trust $1,840,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Trust $1,380,000
Previous Owner Bagby Roy W $328,616
Previous Owner Bagby Roy W $391,780
Previous Owner Bagby Roy W $417,000
Previous Owner Bagby Roy W $460,000
Previous Owner Bagby Roy W $250,000
Previous Owner Bagby Roy W $195,000
Previous Owner Bagby Roy W $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $1,840,000 +8.6% $1,594 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,695,000 -- $1,469 / 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 $22,580 $1,914,336 $1,643,832 $270,504
2023 $21,453 $1,840,000 $1,580,000 $260,000
2022 $4,886 $315,656 $198,413 $117,243
2021 $4,650 $309,467 $194,523 $114,944
2020 $4,587 $306,293 $192,528 $113,765
2019 $4,490 $300,287 $188,753 $111,534
2018 $4,397 $294,399 $185,052 $109,347
2017 $4,306 $288,628 $181,424 $107,204
2016 $4,229 $282,969 $177,867 $105,102
2015 $4,085 $278,718 $175,195 $103,523
2014 $4,013 $273,258 $171,763 $101,495
Source: Public Records

Agents Affiliated with this Home

  • Jessyka Sommers

    Seller's Agent in 2022

    Jessyka Sommers

    David Lyng Real Estate

    (831) 359-7189

    3 in this area

    40 Total Sales

    Jessyka Sommers
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Lavigne

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81901603

MLSListings

APN: 028-281-07-000

California Santa Cruz County Santa Cruz 95062 Pleasure Point

331 Palisades Ave, Santa Cruz, CA

This home is located at 331 Palisades Ave, Santa Cruz, CA 95062 since 26 July 2022 and is currently estimated at $2,052,400, approximately $1,778 per square foot. This property was built in 1961. 331 Palisades Ave is a home located in Santa Cruz County with nearby schools including Mission Hill Middle School, Harbor High School, and Soquel High School.

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