NOT LISTED FOR SALE

421 Capitola Ave Capitola, CA 95010

Estimated Value: $1,239,000 - $1,936,000

2 Beds
3 Baths
1,542 Sq Ft
$964/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $725,000 $470 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,517/month

17 Days on Market

Highlights

  • Downtown View
  • Breakfast Area or Nook
  • Tile Countertops
  • Main Street Elementary School Rated A-
  • Skylights
  • 4-minute walk to Barrys Park

About This Home

As of January 2016

RARE OPPORTUNITY TO OWN THIS MIXED-USE TWO-UNIT HERITAGE PROPERTY IN CAPITOLA VILLAGE!THE RESIDENTIAL UNIT(421) IS A 2 BR/1.5 BA TWO STORY RESIDENCE W/ APPROX. 1200 SF,SEPARATE FAMILY ROOM,FIREPLACE AND FENCED BACK YARD.THE COMMERCIAL UNIT(421-B) HAS APPROX. 300 SF W/ A HALF BATH,APPROX. 15 FEET OF STREET FRONTAGE IN A VERY VISABLE LOCATION W/ EXCELLENT FOOT TRAFFIC ACROSS FROM CITY HALL.LIVE IN THE RESIDENCE AND RENT OUT THE COMMERCIAL SPACE!ENJOY THE CAPITOLA LIFESTYLE W/ THE BEACH/SHOPS JUST STEPS AWAY!

Last Agent to Sell the Property

Heidi Robinson

Thunderbird Real Estate License #01397076 Listed on: 10/31/2015

Thunderbird Real Estate

Last Buyer's Agent

Aimee Dietle

Coldwell Banker Realty License #01974910

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 2,004 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Back Yard
  • Zero Lot Line
  • Zoning described as MIXED USE

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Separate Family Room
  • Downtown Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Additional Features

  • 300 SF Accessory Dwelling Unit
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 035-131-27

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 300
  • Structure Sq Ft: 1542
  • Year Built: 1932
  • Zoning Description: MIXED USE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Tile
  • Living Sq Ft: 1542
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: City, Downtown
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Parking Features: No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight

Lot Info

  • Lot Description: Grade - Level, Zero Lot Line
  • Parcel Number: 035-131-27
  • Lot Acres: 0.0460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2004.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2004.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: COMMERCIAL

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2017
Sold by
Martin Tamara Starr
Bought by
Martin Tamara Starr
Current Estimated Value
$1,486,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Outstanding Balance
$484,023
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,002,145

Purchase Details

Closed on
Nov 23, 2015
Sold by
Pennymac Corp
Bought by
Martin Tamara Starr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2015
Sold by
Gryspos John N and Gryspos Ofelia
Bought by
Pennymac Corp

Purchase Details

Closed on
Oct 24, 2005
Sold by
Fernandes James B and Fernandes Maureen
Bought by
Gryspos John N and Gryspos Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
7.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2005
Sold by
Fernandes James B and Fernandes Maureen Y
Bought by
Fernandes James B and Fernandes Maureen

Purchase Details

Closed on
Oct 4, 1999
Sold by
Fernandes James B and Fernandes Maureen Y
Bought by
Fernandes James B and Fernandes Maureen Y

Purchase Details

Closed on
Mar 19, 1999
Sold by
Federle Jane M Sw
Bought by
Fernandes James B and Fernandes Maureen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 1994
Sold by
Klevins Richard
Bought by
Federle Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.57%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Tamara Starr -- Chicago Title Insurance Co
Martin Tamara Starr $725,000 Servicelink
Martin Tamara Starr -- Title 365 Co
Pennymac Corp $651,032 Title365
Gryspos John N $785,000 First American Title Co
Fernandes James B -- --
Fernandes James B -- --
Fernandes James B $355,000 First American Title Co
Federle Jane M $251,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Tamara Starr $591,000
Previous Owner Martin Tamara Starr $580,000
Previous Owner Gryspos John N $588,750
Previous Owner Fernandes James B $284,000
Previous Owner Federle Jane M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $725,000 +2.1% $470 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/31/2015 10/31/15 For Sale $709,900 -- $460 / 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 $10,336 $858,254 $739,874 $118,380
2023 $10,098 $824,926 $711,143 $113,783
2022 $9,954 $808,751 $697,199 $111,552
2021 $9,847 $792,894 $683,529 $109,365
2020 $9,771 $784,763 $676,520 $108,243
2019 $9,578 $769,376 $663,255 $106,121
2018 $9,097 $754,290 $650,250 $104,040
2017 $8,873 $739,500 $637,500 $102,000
2016 $7,952 $690,000 $530,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Heidi Robinson

    Thunderbird Real Estate

    Section Image

  • A

    Buyer's Agent in 2016

    Aimee Dietle

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81521001

MLSListings

APN: 03513127000

California Santa Cruz County Capitola 95010

421 Capitola Ave, Capitola, CA

Not Listed for Sale

Detached

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