$1,625,000
SOLD MAY 14, 2025

405 Monterey Ave Capitola, CA 95010

3 Beds
3 Baths
1,424 Sq Ft
4,922 Sq Ft Lot

Recently Sold

$1,141 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Solar Power Battery
  • Wood Flooring
  • Park or Greenbelt View
  • Main Street Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Noble Gulch Park

About This Home

As of May 2025

Live the ultimate Capitola Beach lifestyle, less than a 10-minute walk to Capitola Beach & Village! This renovated home features 2 self-contained units totaling 1,424 sq. ft. The main home is a 2-bed, 2-bath, all on the ground level with no stairs, perfect for easy accessibility. The second unit is a 1-bed, 1-bath with kitchen and living space, accessed via a private staircase. Enjoy a shared ground level laundry and office space . Just steps from Gayles Bakery & Capitola Village, this home offers prime walkability to dining, shops, and entertainment. The private backyard has a spacious lawn and patio with greenbelt views. The brand-new driveway provides 4+ car spots. The garage fits bikes, surfboards, mower, and more. Comes equipped with an owned solar system of 28 panels along with 3 battery storage packs making sure your bill is low and the lights stay on. Central forced air heating & cooling in both units run off solar! EV car charging hookup! Ideal for multigenerational living, investment, vacation home, or if you want extra space for guests. Many lenders allow buyers to qualify for a higher purchase price by factoring in potential rental income. Live in one unit and rent the other; upper unit previously rented for ~$4,000/month. Furnishings available for both units.

Last Agent to Sell the Property

Josh Kolbo

Trade-In Real Estate License #02249370 Listed on: 03/25/2025

Last Buyer's Agent

Jennet Kresge

Strock Real Estate License #01274752

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 4,922 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Back Yard

Home Design

  • Cottage
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,424 Sq Ft Home
  • Double Pane Windows
  • Dining Area
  • Wood Flooring
  • Park or Greenbelt Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Electric Vehicle Home Charger
  • Uncovered Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Solar Power Battery
  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Additional Homes

  • 430 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Water Filtration System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 036-072-16

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

4,922 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 430
  • Structure Sq Ft: 1424
  • Incorporated: Yes
  • Year Built: 1958
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Quartz, Dishwasher, Ice Maker, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1424
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Wood
  • Additional Rooms: Laundry Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Greenbelt
  • Yard/Grounds: Back Yard, Courtyard, Fenced
  • Fencing: Wood
  • Property Faces: Southeast
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Uncovered Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

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

Schools

  • High School: 877

Lot Info

  • Parcel Number: 036-072-16
  • Lot Acres: 0.1130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4922.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4922.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star HVAC, Insulation - Floor, Insulation - Per Owner, Low Flow Toilet, Solar Heating, Solar Power, Solar Power Battery Backup, Thermostat Controller

Multi Family

  • Utilities: Natural Gas, Public Utilities, Solar Panels - Owned
  • Second Unit Description: Upstairs Unit

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Main Street Elementary
  • High School Text: Soquel High
  • Middle School Text: New Brighton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
May 12, 2025
Sold by
Banyan Investment Enterprises Llc and Kolbo James L
Bought by
Hansen Brian and Hansen Kenda
Seller's Agent
Josh Kolbo
Trade-In Real Estate
Buyer's Agent
Jennet Kresge
Strock Real Estate
List Price
$1,675,000
Sold Price
$1,625,000
Premium/Discount to List
-$50,000
-2.99%
Views
57
Current Estimated Value
$1,565,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,692
Avg. Annual Appreciation
-4.26%
Original Mortgage
$1,300,000
Outstanding Balance
$1,290,649
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$274,659

Purchase Details

Closed on
Sep 14, 2023
Sold by
Kolbo Joshua T and Kolbo Mariah L
Bought by
Banyan Investment Enterprises Llc and Kolbo

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 30, 2022
Sold by
Kolbo Jean L
Bought by
Kolbo James L
Seller's Agent
Greg Pfyffer
Pacific Sun Properties
Buyer's Agent
Troy Hinds
David Lyng Real Estate
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Mckalson Ward V and 1972 Mckalson Trust
Bought by
Wright Richard Donnell and Richard Donnell Wright Trust

Purchase Details

Closed on
Nov 16, 2005
Sold by
Mckalson Barbara J and Mckalson Ward V
Bought by
Mckalson Barbara J and Mckalson Ward V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,625,000 First American Title Company
Quit Claim Deed -- None Listed On Document
Deed -- First American Title
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2025 05/14/25 Sold $1,625,000 -3.0% $1,141 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $1,675,000 0.0% $1,176 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $1,675,000 +36.7% $1,176 / Sq Ft
07/01/2022 07/01/22 Sold $1,225,000 -5.7% $872 / Sq Ft View Prior Sale
05/29/2022 05/29/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,299,000 -- $925 / Sq Ft
Source: MLSListings

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 $15,745 $1,274,491 $1,066,411 $208,080
2023 $1,942 $70,382 $14,077 $56,305
2022 $1,007 $69,002 $13,801 $55,201
2021 $948 $67,649 $13,530 $54,119
2020 $913 $66,956 $13,392 $53,564
2019 $890 $65,643 $13,129 $52,514
2018 $848 $64,356 $12,872 $51,484
2017 $823 $63,094 $12,619 $50,475
2016 $814 $61,857 $12,372 $49,485
2015 $744 $60,928 $12,186 $48,742
2014 $710 $59,734 $11,947 $47,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81996747

MLSListings

APN: 036-072-16-000

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