NOT LISTED FOR SALE

401 Monterey Ave Capitola, CA 95010

Estimated Value: $1,536,000 - $1,776,000

3 Beds
2.5 Baths
1,846 Sq Ft
$899/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $714,470 $387 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $9,614/month

7 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Deck
  • Main Street Elementary School Rated A-
  • Cape Cod Architecture
  • 2-minute walk to Noble Gulch Park

About This Home

As of September 2013

Real Estate Investor or Developers! Rare RMLM zoning for development project in Capitola. Lot eligible for second unit construction on one 9600 SF lot in the heart of Capitola! Home is just steps from the beach, school, Gayle's Restaurant and church. Existing 3/2.5, 1850 SF home rents for $2,650 per month as the new unit is being built! Lot is priced to sell and won't last long!

Last Agent to Sell the Property

Greg Flowers

Authentic Real Estate License #01172358 Listed on: 03/22/2013

Last Buyer's Agent

Pamela Easton

Century 21 MM License #01228861

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,583

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Lot Sloped Down
  • Zoning described as RMLM

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Art Studio
  • Wood Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 036-072-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,583

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod
  • Sale Price Per Sq Ft: 387.04
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1846
  • Incorporated: Yes
  • Map Book Page: 32
  • Map Side Coordinate: 6
  • Map Top Coordinate: C
  • Thomas Bros Page: 32
  • Thomas Brothers: C6
  • Year Built: 1950
  • Zoning Description: RMLM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Stove, Yes
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher, Refrigerator, Oven Range - Built-In
  • Living Sq Ft: 1846
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: 220 Volt Outlet
  • Flooring: Hardwood
  • Additional Rooms: Artist Studio
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Deck, Fenced
  • Exterior: Shingles

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 036-072-047
  • List Price per Sq Ft: 378.66
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7884.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7884.00
  • Lot Size Area Min Search: 7884.00
  • Maximum Lot Size: 7884.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight

Rental Info

  • Current Rent: 2650

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Sep 26, 2013
Sold by
Monterey Capitola Llc
Bought by
Ryan Matthew M and Ryan Mary J
Seller's Agent
Greg Flowers
Authentic Real Estate
Buyer's Agent
Pamela Easton
Century 21 MM
List Price
$699,000
Sold Price
$714,470
Premium/Discount to List
$15,470
2.21%
Current Estimated Value
$1,660,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$945,626
Avg. Annual Appreciation
7.22%
Original Mortgage
$701,515
Outstanding Balance
$520,370
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$1,139,726

Purchase Details

Closed on
Jul 31, 2009
Sold by
Davis Steven M
Bought by
Monterey Capital Llc
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
Ryan Matthew M $714,500 First American Title Company
Monterey Capital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Matthew M $701,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $714,470 +2.2% $387 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $699,000 -- $379 / 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 $10,583 $876,174 $569,513 $306,661
2023 $10,346 $842,151 $547,398 $294,753
2022 $10,223 $825,638 $536,665 $288,973
2021 $9,977 $809,449 $526,142 $283,307
2020 $12,889 $801,149 $520,747 $280,402
2019 $12,656 $785,440 $510,536 $274,904
2018 $12,492 $770,040 $500,526 $269,514
2017 $12,340 $754,940 $490,711 $264,229
2016 $11,832 $740,137 $481,089 $259,048
2015 $8,618 $729,020 $473,863 $255,157
2014 $8,455 $714,740 $464,581 $250,159
Source: Public Records

Agents Affiliated with this Home

  • Greg Flowers

    Seller's Agent in 2013

    Greg Flowers

    Authentic Real Estate

    (510) 368-5835

    5 Total Sales

    Greg Flowers
    Section Image

  • P

    Buyer's Agent in 2013

    Pamela Easton

    Century 21 MM

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Map

Source: MLSListings

MLS Number: ML81330837

MLSListings

APN: 03607247000

California Santa Cruz County Capitola 95010

401 Monterey Ave, Capitola, CA

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