NOT LISTED FOR SALE

425 Pacheco Ave Santa Cruz, CA 95062

Banana Belt Neighborhood

Estimated Value: $473,000 - $830,000

0.16 Acre
$3,961,948 Price per Acre
6,752 Sq Ft Lot

Last Sold May 08, 2024

Last sale price $450,000

Est. 36% increase in value since last sale

Current estimated payment $3,348/month

12 Days on Market

About This Lot

As of May 2024

Prime lot on one of the Banana Belts most beloved streets. Inviting neighborhood atmosphere, great community vibe, lots of Santa Cruz history. Large, buildable, extra deep, 6,752 sq ft parcel with outbuildings and alley access in the back that can be purchased separately or along with an older 3br, 1ba 1470 sf house next door at 423 Pacheco on its own adjoining 6,752 sq ft parcel. House was built in the 1920s and still has some vintage charm and period details & woodwork but it has also seen better days and qualifies as a contractors special for a few select buyers with the skill, vision and resources to reinvent and implement the future. Build two new houses. Renovate the existing house and then build a new one. Or look into SB 9 development options on both adjoining parcels. Or visualize your own family compound or multi-gen living situation in one of the best Eastside locations close to Mid Town, also w/great commute access.

Last Agent to Sell the Property

Tom Brezsny

Christie's International Real Estate Sereno License #70010105 Listed on: 04/09/2024

Christie's International Real Estate Sereno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $912

Lot Details

  • 6,752 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Corners Of The Lot Have Been Marked

Property Details

Property Type

Land

Est. Annual Taxes

$912

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Back, Surveyed

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Corners Marked, Grade - Level, Surveyed
  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6752.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6752.00
  • Parcel Access: Alley, City Street

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 3, 2024
Sold by
Lipska Eric Michael and Weitzel Leslie Lee
Bought by
David Washburn Trust and Washburn
Seller's Agent
Tom Brezsny
Christie's International Real Estate Sereno
Buyer's Agent
Tom Brezsny
Christie's International Real Estate Sereno
List Price
$699,000
Sold Price
$450,000
Premium/Discount to List
-$249,000
-35.62%
Views
39
Current Estimated Value
$614,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,102
Avg. Annual Appreciation
30.50%

Purchase Details

Closed on
Mar 21, 1995
Sold by
Bispo Lorraine L
Bought by
Bispo Lorraine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David Washburn Trust $450,000 Old Republic Title Company
Bispo Lorraine -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $450,000 -35.6% --
04/21/2024 04/21/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $699,000 -- --
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 $912 $459,000 $453,900 $5,100
2023 $906 $42,990 $36,180 $6,810
2022 $900 $42,146 $35,470 $6,676
2021 $889 $41,318 $34,774 $6,544
2020 $885 $40,896 $34,418 $6,478
2019 $857 $40,094 $33,744 $6,350
2018 $852 $39,308 $33,082 $6,226
2017 $845 $38,538 $32,434 $6,104
2016 $820 $37,782 $31,798 $5,984
2015 $694 $37,214 $31,320 $5,894
2014 $687 $36,484 $30,706 $5,778
Source: Public Records

Agents Affiliated with this Home

  • Tom Brezsny

    Seller's Agent in 2024

    Tom Brezsny

    Sereno Group

    (831) 818-1431

    10 in this area

    226 Total Sales

    Tom Brezsny
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Map

Source: MLSListings

MLS Number: ML81959393

MLSListings

APN: 009-271-04-000

California Santa Cruz County Santa Cruz 95062 Banana Belt

425 Pacheco Ave, Santa Cruz, CA

This home is located at 425 Pacheco Ave, Santa Cruz, CA 95062 since 09 April 2024 and is currently estimated at $614,102. 425 Pacheco Ave is a home located in Santa Cruz County with nearby schools including De Laveaga Elementary School, Mission Hill Middle School, and Harbor High School.

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