NOT LISTED FOR SALE

367 Summit Rd Mount Madonna, CA 95076

Estimated Value: $1,133,000 - $1,445,000

3 Beds
2.5 Baths
2,172 Sq Ft
$576/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $1,000,000 $460 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,790/month

5 Days on Market

Highlights

  • 2 Fireplaces
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • Solar Water Heater
  • Ceiling Fan

About This Home

As of November 2020

Does the idea of living in a peaceful home surrounded by 130 acres of land sound attractive to you? Would you like to have spacious privacy but still have community gardens and a tight knit community? Would you like your land to passively generate substantial income for you? If you said yes to this, then we encourage you to consider this wonderful property at 367 Summit Road. This home is 1 of 6, one acre home sites, that together form the La Cima Community. This beautiful custom home opens up to the sunny southern light and views of the Monterey Bay from its expansive ipe decks and numerous picture windows. It has a marvelous master suite upstairs, 2 spacious ground floor bedrooms, vaulted ceilings, outdoor shower, wine cellar, and so many other touches of a home filled with love and care. There are mature and diverse landscapes outside, with a detached garage and studio above. This is a lifestyle opportunity for your family. Dream big at 367 Summit.

Last Agent to Sell the Property

The Portola Group

KW Thrive Santa Cruz License #70010159 Listed on: 09/21/2020

KW Thrive Santa Cruz

Last Buyer's Agent

Nick Jindal

Golden View Properties License #01449709

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,858

Year Built

  • 1979

Lot Details

  • 1

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,172 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Propane
  • Shared Well
  • Septic Tank

Additional Features

  • Solar Water Heater
  • 1 Acre Lot

Community Details

  • Association fees include maintenance - road
  • La Cima Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,858

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: TP-O
  • Subclass: Single Family Home
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 2172
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2172
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • Complex Name: La Cima
  • HOA Fees: 150
  • Association Fees Include: Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: La Cima

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site, Solar - Hot Water Heater - Owned, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Senigaglia Jeffrey and Senigaglia Kathryn L
Bought by
Senigaglia Jeffrey and Senigaglia Kathryn L
Current Estimated Value
$1,248,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,500
Outstanding Balance
$589,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$661,128

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 12, 2020
Sold by
Washburn Carlyle Louis and Washburn Allyson Adel
Bought by
Senigaglia Jeffrey and Senigaglia Kathryn L
Seller's Agent
The Portola Group
KW Thrive Santa Cruz
Buyer's Agent
Nick Jindal
Golden View Properties
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Senigaglia Jeffrey -- Old Republic Title Company
Senigaglia Jeffrey -- Old Republic Title Company
Senigaglia Jeffrey $1,000,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senigaglia Jeffrey $645,500
Closed Senigaglia Jeffrey $650,000
Previous Owner Washburn Carlyle Louis $500,000
Previous Owner Washburn Carlye Louis $250,000
Previous Owner Washburn Carlyle Louis $100,000
Previous Owner Washburn Carlyle Louis $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $1,000,000 +0.1% $460 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $999,000 -- $460 / 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 $11,858 $1,082,432 $649,459 $432,973
2023 $11,673 $1,040,400 $624,240 $416,160
2022 $11,463 $1,020,000 $612,000 $408,000
2021 $11,163 $1,000,000 $600,000 $400,000
2020 $2,697 $218,510 $43,778 $174,732
2019 $2,653 $214,225 $42,919 $171,306
2018 $2,590 $210,025 $42,078 $167,947
2017 $2,571 $205,908 $41,252 $164,656
2016 $2,433 $201,870 $40,443 $161,427
2015 $2,376 $198,838 $39,836 $159,002
2014 $2,326 $194,943 $39,056 $155,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81811930

MLSListings

APN: 106-281-18-000