NOT LISTED FOR SALE

416 Palmer Ave Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,591,000 - $1,984,979

3 Beds
2 Baths
1,907 Sq Ft
$957/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $1,400,000 $734 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,061/month

52 Days on Market

Highlights

  • Primary Bedroom Suite
  • Golf Course View
  • Wood Flooring
  • Aptos High School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2019

Exquisite single level showcase home overlooking Seascape Golf Course in the quaint ocean side community of Rio Del Mar. Elegant yet comfortable design with impeccable craftsmanship and attention to detail throughout. A beautifully orchestrated blend of custom wood finishing's, stone, glass and natural light create a gracious living space that fully captures the picturesque setting and will beckon you to entertain family and friends. Completely renovated in 2014 this home is a perfect "10" from head to toe and absolutely turn key. If you have been looking for something special and a cut above prepare to be delightfully impressed.

Last Agent to Sell the Property

Mike O'Boy

Christie's International Real Estate Sereno License #01225575 Listed on: 10/30/2018

Christie's International Real Estate Sereno

Last Buyer's Agent

Craig Springbett

Christie's International Real Estate Sereno License #01145599

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,833

Year Built

  • Built in 1966

Lot Details

  • 7,754 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R-1-5

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,907 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Separate Family Room
  • Golf Course Views

Kitchen

  • Breakfast Bar
  • Gas Oven

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 044-332-19-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,833

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 52
  • Listing Class: Residential
  • Structure Sq Ft: 1907
  • Year Built: 1966
  • Zoning Description: R-1-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining "L"
  • Kitchen: Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1907
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Bedroom on Ground Floor
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Shower and Tub, Stall Shower, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Golf Course
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Pajaro Valley Unified
  • Elementary School: Rio del Mar Elementary
  • Middle School: Aptos Junior High
  • High School: Aptos High
  • High School: 826
  • Elementary School: 815
  • Middle School: 820

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 044-332-19-000
  • Lot Acres: 0.1780
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7754.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7754.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Rio del Mar Elementary
  • High School Text: Aptos High
  • Middle School Text: Aptos Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Lipschutz Daniel E
Bought by
Lipschutz Daniel E and Daniel E Lipschutz Trust
Current Estimated Value
$1,825,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,000
Outstanding Balance
$982,088
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$843,657

Purchase Details

Listed on
Oct 30, 2018
Closed on
Feb 19, 2019
Sold by
Deturk Lynn W
Bought by
Lipschutz Daniel E and The Daniel E Lipschutz Trust
Seller's Agent
Mike O'Boy
Christie's International Real Estate Sereno
Buyer's Agent
Craig Springbett
Christie's International Real Estate Sereno
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,120,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 30, 2018
Closed on
Feb 15, 2019
Sold by
Spingola Lawrence J and Spingola Rosalie
Bought by
Lipschutz Daniel E and Daniel E Lipschutz Trust
Seller's Agent
Mike O'Boy
Christie's International Real Estate Sereno
Buyer's Agent
Craig Springbett
Christie's International Real Estate Sereno
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2005
Sold by
Spingola Rosalie M
Bought by
Spingola Lawrence J and Spingola Rosalie

Purchase Details

Closed on
Apr 28, 2004
Sold by
Spingola Larry and Spingola Rosalie
Bought by
Spingola Rosalie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Mcenery Patricia Irene
Bought by
Spingola Rosalie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1999
Sold by
Trinchero Family Trust 2/96 Trinchero Robert and Mcenery Patricia Irene
Bought by
Mcenery Patricia Irene

Purchase Details

Closed on
Aug 24, 1998
Sold by
Trinchero Robert L and Trinchero Adele A
Bought by
Trinchero Robert L and Trinchero Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.95%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Trinchero Robert L
Bought by
Trinchero Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.95%

Purchase Details

Closed on
Jan 22, 1996
Sold by
Trinchero Robert L and Trinchero Adele A
Bought by
Trinchero Robert L and Trinchero Adele A
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
Lipschutz Daniel E -- Old Republic Title Company
Lipschutz Daniel E -- Old Republic Title Company
Lipschutz Daniel E -- Old Republic Title Company
Lipschutz Daniel E -- Old Republic Title Company
Lipschutz Daniel E $1,400,000 Old Republic Title Company
Spingola Lawrence J -- Old Republic Title Company
Spingola Lawrence J -- --
Spingola Rosalie M -- --
Spingola Larry -- Santa Cruz Title Company
Spingola Rosalie M -- Santa Cruz Title Company
Mcenery Patricia Irene -- --
Trinchero Robert L -- Santa Cruz Title Company
Trinchero Robert L -- Santa Cruz Title Company
Trinchero Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipschutz Daniel E $1,095,000
Closed Lipschutz Daniel E $1,120,000
Previous Owner Spingola Larry $600,000
Previous Owner Spingola Rosalie M $371,000
Previous Owner Trinchero Robert L $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $1,400,000 -12.2% $734 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $1,595,000 -- $836 / 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 $17,833 $1,561,727 $1,093,209 $468,518
2023 $17,504 $1,501,083 $1,050,758 $450,325
2022 $17,155 $1,471,650 $1,030,155 $441,495
2021 $16,736 $1,442,794 $1,009,956 $432,838
2020 $16,467 $1,428,000 $999,600 $428,400
2019 $3,116 $191,500 $54,867 $136,633
2018 $3,022 $187,745 $53,791 $133,954
2017 $2,982 $184,065 $52,738 $131,327
2016 $2,919 $180,456 $51,704 $128,752
2015 $2,846 $177,745 $50,927 $126,818
2014 $2,770 $174,263 $49,929 $124,334
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike O'Boy

    Sereno Group

    Section Image
  • Craig Springbett

    Buyer's Agent in 2019

    Craig Springbett

    Sereno Group

    (831) 239-9966

    12 Total Sales

    Craig Springbett
    Section Image
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Map

Source: MLSListings

MLS Number: ML81729480

MLSListings

APN: 044-332-19-000

California Santa Cruz County Aptos 95003 Rio del Mar

416 Palmer Ave, Aptos, CA

This home is located at 416 Palmer Ave, Aptos, CA 95003 since 30 October 2018 and is currently estimated at $1,825,745, approximately $957 per square foot. This property was built in 1966. 416 Palmer Ave is a home located in Santa Cruz County with nearby schools including Rio Del Mar Elementary School, Aptos Junior High School, and Aptos High School.

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