NOT LISTED FOR SALE

342 Fairmount Ave Santa Cruz, CA 95062

Banana Belt Neighborhood

Estimated Value: $1,426,000 - $1,647,747

3 Beds
2 Baths
1,634 Sq Ft
$926/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,330,000 $814 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,734/month

9 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Mission Hill Middle School Rated A-
  • Wood Flooring
  • Skylights

About This Home

As of April 2021

Two homes on a large lot in the desirable Banana Belt! Charming, single-story front home features 2 bedrooms, 1 bath, dual-pane windows, beautifully refinished original oak floors, oversized 1 car garage with storage loft and laundry area, and a large, fenced, private backyard. The second home (ADU) was built in 2005, and has great separation and privacy, with its fenced, sundrenched backyard that features a large deck built in 2019. It is a 1-bedroom, 1-bath unit, with an open floor plan, granite kitchen counters, gas fireplace, luminous bonus room off the living room, 3-zone highly efficient radiant heating (living area, bedroom, and bathroom), and a separate laundry room with additional storage area. Rent one, live in the other, use it for extended family living, and more. Near spectacular beaches, mid-town and Seabright neighborhoods, restaurants, gourmet coffee, shopping, great grocery stores, and all the Santa Cruz lifestyle has to offer. Hurry before it's gone!

Last Agent to Sell the Property

Ron Fossum

Bailey Properties License #01272394 Listed on: 03/09/2021

Last Buyer's Agent

Kimberly Ward

Compass License #01976643

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,106

Year Built

  • 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard

Parking

  • 1 Car Garage
  • Off-Site Parking

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 1 Fireplace
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Laundry Located Outside

Outdoor Features

  • Deck

Additional Homes

  • 698 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Zoned Heating
  • Wood Insert Heater
  • Wall Furnace
  • Heating System Uses Gas
  • Radiant Heating System
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,106

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 67
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 698
  • Structure Sq Ft: 1634
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Stone, Countertop - Tile, Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1634
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Garage, In Utility Room, Outside
  • Flooring: Stone, Vinyl / Linoleum, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab, Permanent
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Fencing: Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Site Parking

Utilities

  • Heating System: Gas, Individual Room Controls, Radiant, Stove - Pellet, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9148.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9148.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: ADU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 6, 2021
Sold by
Gallo Orazio and Orazio Gallo Living Trust
Bought by
Cunningham Andrew Joseph and Cunningham Tricia Norkunas
Seller's Agent
Ron Fossum
Bailey Properties
Buyer's Agent
Kimberly Ward
Compass
List Price
$1,150,000
Sold Price
$1,330,000
Premium/Discount to List
$180,000
15.65%
Current Estimated Value
$1,512,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,437
Avg. Annual Appreciation
2.98%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,016,065

Purchase Details

Closed on
Nov 23, 2020
Sold by
Gallo Orazio
Bought by
Gallo Orazio and The Orazio Gallo Living Trust

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 3, 2016
Sold by
Hong An and Kudaka Rumi
Bought by
Gallo Orazio
Seller's Agent
Anderson Christie
Anderson Christie, Inc.
Buyer's Agent
Susan J. Davis
Bailey Properties
List Price
$779,000
Sold Price
$818,000
Premium/Discount to List
$39,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$625,500
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cunningham Andrew Joseph $1,330,000 Old Republic Title Company
Gallo Orazio -- None Available
Gallo Orazio $818,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Andrew Joseph $548,250
Previous Owner Gallo Orazio $439,400
Previous Owner Gallo Orazio $625,500
Previous Owner Hong An $327,000
Previous Owner Hong An $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,330,000 +15.7% $814 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,150,000 +40.6% $704 / Sq Ft
03/11/2016 03/11/16 Sold $818,000 +5.0% $501 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $779,000 -- $477 / 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 $6,106 $539,089 $404,316 $134,773
2023 $6,033 $518,157 $388,617 $129,540
2022 $5,981 $1,356,600 $1,017,450 $339,150
2021 $10,293 $894,603 $643,064 $251,539
2020 $10,135 $885,429 $636,470 $248,959
2019 $9,913 $868,068 $623,990 $244,078
2018 $9,799 $851,047 $611,755 $239,292
2017 $9,671 $834,360 $599,760 $234,600
2016 $4,663 $402,432 $153,614 $248,818
2015 $4,502 $396,386 $151,306 $245,080
2014 $4,427 $388,622 $148,342 $240,280
Source: Public Records

Agents Affiliated with this Home

  • Ron Fossum

    Seller's Agent in 2021

    Ron Fossum

    Bailey Properties

    (831) 234-2974

    1 in this area

    29 Total Sales

    Ron Fossum
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Ward

    Compass

    Section Image
  • Anderson Christie

    Seller's Agent in 2016

    Anderson Christie

    Anderson Christie, Inc.

    (831) 400-1777

    4 in this area

    135 Total Sales

    Anderson Christie
    Section Image
  • David Anderson

    Seller Co-Listing Agent in 2016

    David Anderson

    Anderson Christie, Inc.

    (831) 345-1600

    3 in this area

    114 Total Sales

    David Anderson
    Section Image

  • S

    Buyer's Agent in 2016

    Susan J. Davis

    Bailey Properties

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81833313

MLSListings

APN: 009-172-34-000

California Santa Cruz County Santa Cruz 95062 Banana Belt

342 Fairmount Ave, Santa Cruz, CA

This home is located at 342 Fairmount Ave, Santa Cruz, CA 95062 since 09 March 2021 and is currently estimated at $1,512,437, approximately $925 per square foot. This property was built in 1954. 342 Fairmount Ave is a home located in Santa Cruz County with nearby schools including De Laveaga Elementary School, Mission Hill Middle School, and Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes