NOT LISTED FOR SALE

Estimated Value: $1,169,000 - $1,917,000

0.78 Acre
$1,882,835 Price per Acre
33,846 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $1,785,000 $1,608 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,915/month

85 Days on Market

Highlights

  • Ocean View
  • 0.78 Acre Lot
  • Gentle Sloping Lot
  • Mission Hill Middle School Rated A-
  • Fenced

About This Lot

As of January 2024

Build Your Dream Home or Homes in this very desirable neighborhood. Very close to the Dominican Hospital and Medical services. Enjoy all the Gourmet Restaurants nearby. Ask agent for more details for included lot splits and disclosures. Ocean Views on upper lots. Lots have little traffic or noise!! Less than 30 minutes to Los Gatos. Fire Dept. on Thurber Ln. very close by Enjoy Fresh Air and Bay Views. List Price includes 200K infrastructure cost. Or if Buyer/developer takes over they could reduce offer by 200K and assume all Infrastructure Costs (A conservative Engineer's Estimate available) New Subdivision w/ new APNs completed for 3 individual Lots ZILLOW HAS ONLY LAND + HOUSE VIEW OF LOT EXISTING HOME NOT INCLUDED WITH THIS LISTING, BUT ZILLOW SHOWS NEARBY SALES ON BENSON AVE & TIFFANI CT. These new home sites can support a minimum of 2K to 3000+ sq. ft. Living area Upper lots are 13,xxx Sq. Ft. in size. Developers or individual buyer can buy all or induvial lots.

Last Agent to Sell the Property

Bert Faucher

Lighthouse Realty License #00966855 Listed on: 09/16/2023

Last Buyer's Agent

Peter Cook

Lighthouse Realty License #01223810

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,096

Lot Details

  • 0.78 Acre Lot
  • Fenced
  • Gentle Sloping Lot

Property Views

  • Ocean
  • City Lights

Utilities

  • Electricity Not Available
  • Gas Available at Street

Community Details

Overview

  • Property has a Home Owners Association
  • Hh Storm Water Mgmt. Ann Fee Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$15,096

Lot Details

0

Listing Details

  • Zoning: R-1-6000
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: 2nd Unit Possible, Residential, Single Family
  • Development Status: Improvements Plans Avail, Minor Subdivision (2-4 Parcels), Public Report Pending, Site Plan Approved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Ocean
  • Fencing: Fenced, Surveyed

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Available

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Exist: Yes
  • H O A Name Text: HH Storm Water Mgmt. ANN fee

Lot Info

  • Lot Description: Grade - Gently Sloped, Surveyed, Views
  • Lot Acres: 0.7770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 33846.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 33846.00
  • Mineral Rights: Call Listing Agent
  • Parcel Access: Private Road - Maint. Access

Multi Family

  • Utilities: Electricity - Available At Street, Electricity - Not On Site, Gas - Available At Street, Gas - Not On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Jan 19, 2024
Sold by
Santa Cruz Urban Solutions Llc
Bought by
Swarna Bhairava Llc
Seller's Agent
Bert Faucher
Lighthouse Realty
Buyer's Agent
Peter Cook
Lighthouse Realty
List Price
$2,299,000
Sold Price
$1,785,000
Premium/Discount to List
-$514,000
-22.36%
Views
170
Current Estimated Value
$1,462,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$322,037
Avg. Annual Appreciation
-10.69%
Original Mortgage
$892,500
Outstanding Balance
$877,116
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$585,847

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 17, 2023
Sold by
Santa Cruz Urban Solutions Llc
Bought by
Smiley Abigail
Seller's Agent
Bert Faucher
Lighthouse Realty
Buyer's Agent
Kelly Rife
Room Real Estate
List Price
$1,199,999
Sold Price
$1,253,625
Premium/Discount to List
$53,626
4.47%
Views
170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
289.29%
Original Mortgage
$839,925
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Aug 29, 2018
Sold by
Tosta Joe C and Tosta Frank C
Bought by
Santa Cruz Urban Solutions Llc
Seller's Agent
Gordon Lovell
Vista Properties Inc
Buyer's Agent
Larry Andrews
Ca Prop Development Services
List Price
$1,399,000
Sold Price
$1,100,000
Premium/Discount to List
-$299,000
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$825,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2016
Sold by
Tosta Frank C
Bought by
Tosta Frank C and Tosta Joyce
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
Swarna Bhairava Llc $1,785,000 First American Title
Smiley Abigail $1,254,000 First American Title
Santa Cruz Urban Solutions Llc $1,100,000 First American Title Company
Tosta Frank C -- None Available
Tosta Frank C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swarna Bhairava Llc $892,500
Previous Owner Smiley Abigail $839,925
Previous Owner Santa Cruz Urban Solutions Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2024 01/23/24 Sold $1,785,000 -10.7% $1,608 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $1,999,000 -13.0% $1,801 / Sq Ft
12/05/2023 12/05/23 For Sale $2,299,000 +28.8% $2,071 / Sq Ft
12/05/2023 12/05/23 Off Market $1,785,000 -- --
12/04/2023 12/04/23 Price Changed $2,299,000 -4.2% $2,071 / Sq Ft
10/14/2023 10/14/23 Price Changed $2,399,000 -4.0% $2,161 / Sq Ft
09/16/2023 09/16/23 For Sale $2,499,000 +127.2% $2,251 / Sq Ft
08/31/2018 08/31/18 Sold $1,100,000 -21.4% $991 / Sq Ft View Prior Sale
04/27/2017 04/27/17 Pending -- -- --
04/19/2016 04/19/16 For Sale $1,399,000 -- $1,260 / 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 $15,096 $1,278,698 $1,122,000 $156,698
2024 $14,290 $1,253,625 $1,100,000 $153,625
2023 $14,290 $1,179,422 $1,049,686 $129,736
2022 $14,125 $1,156,297 $1,029,104 $127,193
2021 $13,696 $1,133,624 $1,008,925 $124,699
2020 $13,558 $1,122,000 $998,580 $123,420
2019 $13,241 $1,100,000 $979,000 $121,000
2018 $1,912 $72,954 $42,924 $30,030
2017 $1,799 $71,526 $42,084 $29,442
2016 $1,745 $70,122 $41,258 $28,864
2015 $1,596 $69,068 $40,638 $28,430
2014 $1,549 $67,716 $39,842 $27,874
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81942191

MLSListings

APN: 025-032-17-000