NOT LISTED FOR SALE

340 Summit Rd Watsonville, CA 95076

Estimated Value: $930,000 - $1,221,961

4 Beds
2.5 Baths
2,591 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $945,000 $365 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,845/month

94 Days on Market

Highlights

  • Primary Bedroom Suite
  • 14 Acre Lot
  • Pond
  • Christopher High School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of November 2024

Escape to tranquility at Mt. Madonna Lavender Farm, a stunning 14-acre coastal ridge top sanctuary. Immerse yourself in the sweet fragrance of blooming lavender, the soothing hum of bees, and the occasional kiss of moist coastal fog. Just steps from these purple rows is an exquisite 4-bedroom, 2.5-bath home spanning 2,591 square feet, combining comfort and ease of living. Enter the expansive vaulted living room that seamlessly flows into the kitchen and separate dining room, perfect for entertaining guests or family evenings. The first floor also features a cozy family room for intimate retreats. Upstairs, the primary suite and three additional bedrooms offer ample space for everyone. Recent upgrades, including a new roof and fresh exterior paint, enhance the homes charm and curb appeal. The property also includes a detached 2-car garage with shelving and space for tools and toys. If you have dreamed of building a family compound, or speculative home then you may be intrigued to find out that this property has the flexibility of having two separate parcels. Experience country living at its finest in this picturesque oasis, conveniently located just 30 minutes from Watsonville or Morgan Hill. Embrace the beauty and tranquility of Mt. Madonna Lavender your dream home awaits.

Last Agent to Sell the Property

The Portola Group

KW Thrive Santa Cruz License #70010159 Listed on: 07/17/2024

KW Thrive Santa Cruz

Last Buyer's Agent

The Portola Group

KW Thrive Santa Cruz License #70010159 Listed on: 07/17/2024

KW Thrive Santa Cruz

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 14 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Mostly Level
  • Back Yard
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as HS-SR

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,591 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Security Gate

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Pond
  • Deck

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Separate Meters
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 756-24-052

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

14 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2591
  • Year Built: 1985
  • Zoning Description: HS-SR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Formal Dining Room, Skylight
  • Kitchen: Countertop - Other, Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 2591
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half on Ground Floor, Showers over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter, Foundation Pillars
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck
  • Horse Property: Possible
  • Fencing: Gate, Partial Fencing
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Off-Street Parking, Parking Area, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air, Propane
  • Sewer/Septic System: Existing Septic, Septic Standard

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Rolling, Pond On Site, Possible Lot Split
  • Parcel Number: 756-24-052
  • Lot Acres: 14.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 609840.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 609840.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Nov 6, 2024
Sold by
James And Linda Waite Living Trust and Waite James M
Bought by
Cornejo William Omar and Cornejo Michelle Olivia
Seller's Agent
The Portola Group
KW Thrive Santa Cruz
Buyer's Agent
The Portola Group
KW Thrive Santa Cruz
List Price
$1,050,000
Sold Price
$945,000
Premium/Discount to List
-$105,000
-10%
Views
51
Current Estimated Value
$1,037,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,240
Avg. Annual Appreciation
7.31%
Original Mortgage
$850,400
Outstanding Balance
$841,934
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$195,306

Purchase Details

Closed on
Oct 17, 2022
Sold by
Waite James M and Waite Linda S
Bought by
James And Linda Waite Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cornejo William Omar $945,000 First American Title
Cornejo William Omar $945,000 First American Title
James And Linda Waite Living Trust -- --
Waite James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornejo William Omar $850,400
Closed Cornejo William Omar $850,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $945,000 -5.4% $365 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $999,000 -4.9% $386 / Sq Ft
10/04/2024 10/04/24 For Sale $1,050,000 0.0% $405 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $1,050,000 -4.5% $405 / Sq Ft
07/17/2024 07/17/24 For Sale $1,099,000 -- $424 / Sq Ft
Source: MLSListings

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 $5,370 $940,000 $760,000 $180,000
2024 $5,370 $433,234 $159,291 $273,943
2023 $5,328 $424,740 $156,168 $268,572
2022 $5,230 $416,412 $153,106 $263,306
2021 $5,202 $408,248 $150,104 $258,144
2020 $5,139 $404,063 $148,565 $255,498
2019 $5,087 $396,141 $145,652 $250,489
2018 $4,731 $388,375 $142,797 $245,578
2017 $4,826 $380,761 $139,998 $240,763
2016 $4,720 $373,296 $137,253 $236,043
2015 $4,445 $367,690 $135,192 $232,498
2014 $4,375 $360,488 $132,544 $227,944
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81973458

MLSListings

APN: 756-24-052

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