NOT LISTED FOR SALE

Estimated Value: $1,382,771 - $1,722,000

3 Beds
3 Baths
2,885 Sq Ft
$554/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $1,450,000 $503 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,801/month

11 Days on Market

Highlights

  • Art Studio
  • Skyline View
  • Wood Flooring
  • Mission Hill Middle School Rated A-
  • 0.39 Acre Lot
  • Granite Countertops

About This Home

As of July 2023

Introducing a remarkable property in the heart of Santa Cruz! Situated on an expansive lot spanning over 17,000 sq ft. This home has it all, including a legal permitted ADU, an ideal set up for added income of approx $2,100-$2,400 per mo. Conveniently located for commuters (easy access to17&1) with all the amenities that Santa Cruz offers: beaches, restaurants, shopping, nearby hospital. The main house boasts a single level spacious floor-plan that opens up to the sprawling backyard full of usable space. There's many new upgrades including gorgeous primary ensuite bathroom, new plumbing, electrical & insulation. The ADU, complete with a living room & office is connected to it's own 1-car garage. Promising lot split/new construction to the north, next to Jody Ct with possible access to the vacant part of the lot. Buyers to conduct their due diligence with the County of SC. With an exceptional amount of space, this property presents limitless potential. A GOLDEN OPPORTUNITY!

Last Agent to Sell the Property

Terri Mayall

Christie's International Real Estate Sereno License #01085181 Listed on: 06/10/2023

Christie's International Real Estate Sereno

Co-Listed By

Amy Kroeger

Christie's International Real Estate Sereno License #02161640

Last Buyer's Agent

Bri Steel

Steel Realty Inc. License #01977946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,286

Year Built

  • Built in 1965

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Mostly Level
  • Additional Land
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R-1-6

Parking

  • 3 Car Attached Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,885 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Art Studio
  • Workshop
  • Utility Room
  • Skyline Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Additional Homes

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 025-032-16-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,286

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 700
  • Structure Sq Ft: 2885
  • Incorporated: Yes
  • Year Built: 1965
  • Zoning Description: R-1-6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Countertop - Granite, Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2885
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Artist Studio, Office Area, Utility Room, Workshop
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Stone, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Drive Through, Guest / Visitor Parking, Off-Street Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Lot Info

  • Lot Description: Additional Land Available, Grade - Mostly Level, Possible Lot Split
  • Parcel Number: 025-032-16-000
  • Lot Acres: 0.3910
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17032.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17032.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Legal ADU

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 10, 2023
Sold by
Spencer Jud and Spencer Melissa
Bought by
Kaul Surbhi
Seller's Agent
Terri Mayall
Christie's International Real Estate Sereno
Buyer's Agent
Bri Steel
Steel Realty Inc.
List Price
$1,390,000
Sold Price
$1,450,000
Premium/Discount to List
$60,000
4.32%
Views
91
Current Estimated Value
$1,597,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,193
Avg. Annual Appreciation
4.33%
Original Mortgage
$1,015,000
Outstanding Balance
$990,426
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$606,767

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 10, 2022
Sold by
Adam Metaxas
Bought by
Spencer Jud and Spencer Melissa
Seller's Agent
Bri Steel
Live Love Santa Cruz
Buyer's Agent
Bri Steel
Live Love Santa Cruz
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.56%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Waco Investments Llc
Bought by
Metaxas Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 25, 2004
Sold by
Faleiro Warren
Bought by
Waco Investments Llc

Purchase Details

Closed on
May 7, 2004
Sold by
Mcgrory Sharon
Bought by
Faleiro Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Thompson Bonnie S and The Bonnie S Thompson Trust
Bought by
Faleiro Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Thompson Bonnie Sue
Bought by
Thompson Bonnie S and The Bonnie S Thompson Trust

Purchase Details

Closed on
Jul 8, 1999
Sold by
Marsh Arthur E and Marsh Gloria M
Bought by
Thompson Bonnie Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
7.4%
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
Kaul Surbhi $1,450,000 First American Title
Spencer Jud $1,475,000 First American Title
Metaxas Adam $1,070,000 Santa Cruz Title Company
Waco Investments Llc -- --
Faleiro Warren -- First American Title Co
Faleiro Warren $765,000 First American Title Co
Thompson Bonnie S -- --
Thompson Bonnie Sue $459,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaul Surbhi $1,015,000
Previous Owner Metaxas Adam $682,500
Previous Owner Faleiro Warren $588,000
Previous Owner Thompson Bonnie Sue $289,000
Closed Thompson Bonnie Sue $100,000
Closed Faleiro Warren $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2023 07/19/23 Sold $1,450,000 +4.3% $503 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $1,390,000 -5.8% $482 / Sq Ft
06/17/2022 06/17/22 Sold $1,475,000 -1.6% $511 / Sq Ft View Prior Sale
06/03/2022 06/03/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $1,499,000 -- $520 / 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 $17,286 $1,479,000 $918,000 $561,000
2023 $17,826 $1,504,500 $902,700 $601,800
2022 $16,886 $1,406,909 $936,207 $470,702
2021 $16,090 $1,350,892 $917,850 $433,042
2020 $14,977 $1,250,558 $849,684 $400,874
2019 $14,363 $1,202,035 $816,715 $385,320
2018 $14,297 $1,192,534 $810,259 $382,275
2017 $13,615 $1,125,032 $764,394 $360,638
2016 $12,208 $1,041,696 $707,771 $333,925
2015 $11,491 $982,732 $667,708 $315,024
2014 $10,441 $885,344 $601,539 $283,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81931413

MLSListings

APN: 025-032-16-000