NOT LISTED FOR SALE

48 Oak Tree Ln Aptos, CA 95003

Estimated Value: $1,511,000 - $1,629,000

4 Beds
2 Baths
2,208 Sq Ft
$715/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $1,000,000 $453 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,301/month

9 Days on Market

Highlights

  • 1.39 Acre Lot
  • Vineyard View
  • Secluded Lot
  • Aptos High School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2015

Beautiful 360-degree views, privacy & soothing tranquility can be yours. This lovely single-level home is within the pristine & tranquil Pleasant Valley with a country setting yet close-in. Your cares will fade away as you drive through this gorgeous valley. As you enter the circular driveway you will know that you are home. The abode has a desirable floor plan and is drenched in sunlight. First time on market in over 50 years & lovingly maintained.

Last Agent to Sell the Property

Melody Russell

KW Thrive Santa Cruz License #01743923 Listed on: 07/28/2015

KW Thrive Santa Cruz

Last Buyer's Agent

Michael Lavigne

Michael Lavigne Real Estate License #01782392

Michael Lavigne Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 1.39 Acre Lot
  • Secluded Lot
  • Level Lot
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as RA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Vineyard
  • Ridge
  • Mountain
  • Hills
  • Forest
  • Valley
  • Garden

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Formal Entry
  • Separate Family Room
  • Combination Dining and Living Room
  • Alarm System
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Farming

  • Farm Animals Allowed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 107-281-12-000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2208
  • Year Built: 1965
  • Zoning Description: RA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Oven - Built-In, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2208
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Mud Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Forest / Woods, Garden / Greenbelt, Hills, Mountains, Ridge, Valley, Vineyard
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Drought Tolerant Plants, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air, Fireplace, Propane
  • Sewer/Septic System: Septic Standard

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • High School: 826

Lot Info

  • Lot Description: Farm Animals (Permitted), Grade - Gently Sloped, Grade - Level, Private / Secluded, Views
  • Parcel Number: 107-281-12-000
  • Lot Acres: 1.3890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 60505.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 60505.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Bradley Elementary
  • High School Text: Aptos High
  • Middle School Text: Aptos Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2016
Sold by
Grant Michael L and Grant Michelle W
Bought by
Grant Michael L and Grant Michelle W
Current Estimated Value
$1,579,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$246,752
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,332,386

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 22, 2015
Sold by
Grant Michael L and Grant Michelle W
Bought by
The Michael & Michelle Grant Living Trus
Seller's Agent
Melody Russell
KW Thrive Santa Cruz
Buyer's Agent
Michael Lavigne
Michael Lavigne Real Estate
List Price
$969,000
Sold Price
$1,000,000
Premium/Discount to List
$31,000
3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$750,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 26, 2015
Sold by
Jurickovich Joan Masonich
Bought by
Grant Michael L and Grant Michelle W
Seller's Agent
Melody Russell
KW Thrive Santa Cruz
Buyer's Agent
Michael Lavigne
Michael Lavigne Real Estate
List Price
$969,000
Sold Price
$1,000,000
Premium/Discount to List
$31,000
3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Grant Michael L -- Accommodation
Grant Michael L -- Old Republic Title Company
The Michael & Michelle Grant Living Trus -- First American Title Company
Grant Michael L $1,000,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Michael L $540,000
Closed Grant Michael L $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $1,000,000 +3.2% $453 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $969,000 -- $439 / 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 $13,213 $1,183,798 $947,038 $236,760
2023 $13,003 $1,137,830 $910,264 $227,566
2022 $12,760 $1,115,519 $892,415 $223,104
2021 $12,422 $1,093,646 $874,917 $218,729
2020 $12,238 $1,082,432 $865,946 $216,486
2019 $11,830 $1,061,208 $848,966 $212,242
2018 $11,531 $1,040,400 $832,320 $208,080
2017 $1,448 $99,536 $20,196 $79,340
2016 $1,414 $97,584 $19,800 $77,784
2015 $1,282 $96,118 $19,502 $76,616
2014 $1,255 $94,236 $19,120 $75,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81497212

MLSListings

APN: 107-281-12-000