NOT LISTED FOR SALE

342 Ocean St Unit A Santa Cruz, CA 95060

Lower Ocean Neighborhood

Estimated Value: $1,174,363 - $1,332,000

3 Beds
2 Baths
1,328 Sq Ft
$943/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $359,625 $271 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $7,113/month

184 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Wall to Wall Carpet
  • Mission Hill Middle School Rated A-

About This Home

As of March 2013

Fantastic Opportunity for Instant Positive Clash Flow! Unit 1, 342, is a Large 2 Bedroom Unit with Victorian Layout of Formal Living Room, Separate Formal Dining Room, and Separate Kitchen Eating Area with a 1 Bedroom Studio Unit Below. Unit 2, 342A, is a standard 1 Bedroom Unit with Formal Living Room, and Kitchen Eating Area. Tankless Water Heaters and some Double Pane Windows.

Last Agent to Sell the Property

Mark Stevensen

Stevensen & Neal Realtors License #00994927 Listed on: 08/21/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • 1898

Lot Details

  • 7,231

Parking

  • No Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Deck

Community Details

  • 1,328 Sq Ft Building
  • Operating Expense $1,198

Listing and Financial Details

  • Month-to-Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 115
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 270.80
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 1328
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6969.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6969.00
  • Lot Size Area Min Search: 6969.00
  • Maximum Lot Size: 6969.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease

Multi Family

  • Expenses Total: 1198
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Feb 27, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Song Yaoxin and Song Yaojun
Seller's Agent
Mark Stevensen
Stevensen & Neal Realtors
List Price
$399,900
Sold Price
$359,625
Premium/Discount to List
-$40,275
-10.07%
Current Estimated Value
$1,252,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,716
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Showalter Barbara L
Bought by
Deutsche Bank National Trust Company
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
Song Yaoxin $360,000 Servicelink
Deutsche Bank National Trust Company $488,750 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Showalter Barbara $204,500
Previous Owner Showalter Barbara L $717,500
Previous Owner Showalter Barbara $400,000
Previous Owner Showalter Barbara $291,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2013 03/20/13 Sold $359,625 -10.1% $271 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $399,900 -- $301 / 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 $5,287 $443,314 $258,600 $184,714
2023 $5,227 $426,100 $248,558 $177,542
2022 $5,172 $417,744 $243,684 $174,060
2021 $5,072 $409,554 $238,906 $170,648
2020 $5,035 $405,354 $236,456 $168,898
2019 $4,923 $397,406 $231,820 $165,586
2018 $4,871 $389,614 $227,274 $162,340
2017 $4,813 $381,976 $222,820 $159,156
2016 $4,564 $374,486 $218,450 $156,036
2015 $4,357 $407,590 $245,599 $161,991
2014 $4,699 $399,606 $240,788 $158,818
Source: Public Records

Agents Affiliated with this Home

  • Mark Stevensen

    Seller's Agent in 2013

    Mark Stevensen

    Stevensen & Neal Realtors

    (408) 370-1020

    22 Total Sales

    Mark Stevensen
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Map

Source: MLSListings

MLS Number: ML81301531

MLSListings

APN: 010-551-07-000

California Santa Cruz County Santa Cruz 95060 Lower Ocean

342 Ocean St Unit A, Santa Cruz, CA

This home is located at 342 Ocean St Unit A, Santa Cruz, CA 95060 since 21 August 2012 and is currently estimated at $1,252,341, approximately $943 per square foot. This property was built in 1898. 342 Ocean St Unit A is a home located in Santa Cruz County with nearby schools including Gault Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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