NOT LISTED FOR SALE

377 Summit Rd Mount Madonna, CA 95076

Estimated Value: $773,087 - $963,000

1 Bed
1 Bath
923 Sq Ft
$959/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $599,000 $649 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,243/month

148 Days on Market

Highlights

  • Gated Community
  • Deck
  • Loft
  • Mountain View
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of December 2019

Your Mt MADONNA MOUNTAIN weekend or full time custom home retreat, nestled on a one acre site within the 124 acre La Cima timber preserve.(last 2017 Harvest netted $132,392 for each homeowner) Located next to Mt Madonna Conference Center and school. Walk through the woods and experience the peace and quiet of this private community. Only six home sites in this gated Planned Unit Development with paved roads and underground utilities for easy access and maintenance. This is truly a unique opportunity. Open ceilings and a loft bedroom give a feeling of spaciousness and light to this two story home. Outside a large viewing deck for entertaining and enjoyment of the surrounding woods and observations of the local deer and wildlife. Enjoy the many hiking and equestrian trails in nearby Mt Madonna County Park. Come by and enjoy this oasis from the daily hustle and bustle of the Valley.

Last Agent to Sell the Property

Norman Turner

Bailey Properties License #01335484 Listed on: 06/10/2019

Last Buyer's Agent

Karen Fink

RE/MAX Realty Partners License #01449854

RE/MAX Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,348

Year Built

  • 1983

Lot Details

  • 1 Acre Lot
  • Southwest Facing Home
  • Gentle Sloping Lot

Property Views

  • Mountain
  • Forest
  • Valley

Home Design

  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 923 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Electric Cooktop
  • Laundry in Utility Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Loft Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Propane
  • Separate Meters
  • Propane
  • Water Storage
  • Shared Well
  • Septic Tank

Additional Features

  • Deck
  • Horses Potentially Allowed on Property

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, maintenance - road, water
  • La Cima Project Planned Unit Development Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,348

Year Built

1983

Lot Details

0

Listing Details

  • Zoning: TP-O
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 6
  • Structure Sq Ft: 923
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Electric
  • Fireplace: Yes
  • Living Sq Ft: 923
  • Stories: 2
  • Bedrooms: Loft Bedroom
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Tile
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Forest / Woods, Mountains, Valley
  • Yard/Grounds: Deck
  • Horse Property: Possible
  • Property Faces: Southwest
  • Construction Type: Shingle, Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking, Room For Oversized Vehicle

Utilities

  • Heating System: Propane
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • Complex Name: La Cima Project P.U.D.
  • HOA Fees: 150
  • HOA Amenities: Community Security Gate
  • HOA Documents: Cc&rs
  • Association Fees Include: Maintenance - Common Area, Maintenance - Road, Water
  • HOA Exist: Yes
  • H O A Name Text: La Cima Project Planned Unit Development

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Gently Sloped
  • 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, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Dec 20, 2019
Sold by
Ginsburg Paul M
Bought by
Black Gregory Edward and Bianucci Michelle Deanne
Seller's Agent
Norman Turner
Bailey Properties
Buyer's Agent
Karen Fink
RE/MAX Realty Partners
List Price
$699,000
Sold Price
$599,000
Premium/Discount to List
-$100,000
-14.31%
Current Estimated Value
$884,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,772
Avg. Annual Appreciation
6.91%
Original Mortgage
$569,050
Outstanding Balance
$502,680
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$382,092

Purchase Details

Closed on
Aug 4, 2017
Sold by
Ginsburg Paul M and Ginsburg Marcia H
Bought by
Ginsburg Paul M and Ginsburg Marsha H
Source: Public Records

Range of Values:

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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
Black Gregory Edward $599,000 Old Republic Title Company
Ginsburg Paul M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Gregory Edward $569,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $599,000 0.0% $649 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $599,000 -14.3% $649 / Sq Ft
06/10/2019 06/10/19 For Sale $699,000 -- $757 / 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 $7,348 $655,094 $518,388 $136,706
2023 $7,228 $629,656 $498,258 $131,398
2022 $7,093 $617,308 $488,488 $128,820
2021 $6,846 $605,206 $478,910 $126,296
2020 $6,763 $599,000 $474,000 $125,000
2019 $1,948 $149,326 $43,611 $105,715
2018 $1,903 $146,397 $42,755 $103,642
2017 $1,889 $143,527 $41,917 $101,610
2016 $1,844 $140,713 $41,095 $99,618
2015 $1,789 $138,600 $40,478 $98,122
2014 $1,754 $135,885 $39,685 $96,200
Source: Public Records

Agents Affiliated with this Home

  • Norman Turner

    Seller's Agent in 2019

    Norman Turner

    Bailey Properties

    (831) 662-0522

    4 Total Sales

    Norman Turner
    Section Image

  • K

    Buyer's Agent in 2019

    Karen Fink

    RE/MAX

    Section Image
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Map

Source: MLSListings

MLS Number: ML81755324

MLSListings

APN: 106-281-19-000

California Santa Cruz County 95076

377 Summit Rd, CA

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