NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $1,549,000

2 Beds
1 Bath
652 Sq Ft
$2,255/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $1,078,000 $1,653 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,114/month

228 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • Wood Flooring
  • Mission Hill Middle School Rated A-
  • Deck
  • Victorian Architecture

About This Home

As of August 2016

Pleasure Point Beach Home for sale a block to the ocean on East Cliff Dr & 35th Ave. This charming 1920's Santa Cruz beach home has been a successful vacation rental business & permanent residence for many years. The gross rental income is $85,000 over the last 12 months renting for only 160 days the owners lived in the house for the other 205 days. Turn key business sold w/current advertising, vacation rental permit, help from the current owners if the buyer needs to learn how to rent it. Sleeps 6 people with 2 alcove bedrooms w/queen beds, 2 cots w/air mattresses, velvet curtain closures on bedrooms, 1 full bathroom, fully equipped kitchen, Dining area, living rm w/wood burning stove, trek deck porch in front with on street parking. 2nd building 15'X 15' built in 2001w/permits, ally access to 2 car parking. Has a workshop w/12' ceilings, office and attic on second level with ocean view. Fenced back yard, dog friendly, $10k hot tub, fruit trees, leased solar.

Last Agent to Sell the Property

sandy wallace

KW Thrive Santa Cruz License #01232172 Listed on: 12/08/2015

KW Thrive Santa Cruz

Last Buyer's Agent

Stephanie Heit

David Lyng Real Estate License #00803285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,364

Year Built

  • Built in 1925

Lot Details

  • 2,744 Sq Ft Lot
  • Kennel or Dog Run
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R-1-4

Home Design

  • Victorian Architecture
  • Cottage
  • Bungalow
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 652 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Workshop
  • Storage Room
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Additional Homes

  • 2 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 032-222-17

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,364

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Cottage, Victorian
  • Age: 90
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 2
  • Structure Sq Ft: 652
  • Year Built: 1925
  • Zoning Description: R-1-4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 652
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Bonus / Hobby Room, Laundry Room, Office Area, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Dog Run / Kennel, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 032-222-17
  • Lot Acres: 0.0630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2744.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2744.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Solar Heating, Solar Power

Multi Family

  • Utilities: Natural Gas, Public Utilities, Solar
  • Second Unit Description: 2.5 story OV

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Aug 19, 2016
Sold by
The William L & Judith B Hoelscher Famil and Hoelscher William L
Bought by
Dunnigan Jack L and Dunnigan Heather E
Seller's Agent
sandy wallace
KW Thrive Santa Cruz
Buyer's Agent
Stephanie Heit
David Lyng Real Estate
List Price
$1,200,000
Sold Price
$1,078,000
Premium/Discount to List
-$122,000
-10.17%
Current Estimated Value
$1,470,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,290
Avg. Annual Appreciation
3.51%
Original Mortgage
$578,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2016
Sold by
Hoelscher William L and Hoelscher Judith
Bought by
The William L & Judith B Hoelscher Famil

Purchase Details

Closed on
Apr 26, 2002
Sold by
Hoelscher William and Hoelscher Judith
Bought by
Hoelscher William L and Hoelscher Judith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7.13%

Purchase Details

Closed on
May 27, 1999
Sold by
Hoelscher William Leo and Hoelscher Judith Buck
Bought by
Hoelscher William and Hoelscher Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.84%
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
Dunnigan Jack L $1,078,000 First American Title Company
The William L & Judith B Hoelscher Famil -- None Available
Hoelscher William L -- Santa Cruz Title Company
Hoelscher William -- First American Title Co
Hoelscher William Leo $300,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunnigan Jack L $200,000
Open Dunnigan Jack L $910,000
Closed Dunnigan Jack L $753,500
Closed Dunnigan Jack L $578,000
Previous Owner Hoelscher William $650,000
Previous Owner Hoelscher William $512,000
Previous Owner Hoelscher William L $434,250
Previous Owner Hoelscher William L $144,750
Previous Owner Hoelscher William L $100,000
Previous Owner Hoelscher William L $360,500
Previous Owner Hoelscher William Leo $240,000
Previous Owner Sanchagrin Richard A $167,700
Closed Hoelscher William $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,078,000 -2.0% $1,653 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
01/14/2016 01/14/16 Price Changed $1,100,000 -8.3% $1,687 / Sq Ft
12/08/2015 12/08/15 For Sale $1,200,000 -- $1,840 / 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 $15,364 $1,251,112 $1,063,445 $187,667
2023 $14,556 $1,202,529 $1,022,150 $180,379
2022 $14,225 $1,178,951 $1,002,108 $176,843
2021 $13,807 $1,155,834 $982,459 $173,375
2020 $13,666 $1,143,982 $972,385 $171,597
2019 $13,366 $1,121,552 $953,319 $168,233
2018 $13,132 $1,099,560 $934,626 $164,934
2017 $12,900 $1,078,000 $916,300 $161,700
2016 $5,613 $417,341 $271,488 $145,853
2015 $5,467 $411,072 $267,410 $143,662
2014 $5,377 $403,020 $262,172 $140,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81534526

MLSListings

APN: 032-222-17-000