NOT LISTED FOR SALE

Estimated Value: $3,393,000 - $4,365,000

3 Beds
3 Baths
3,193 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $2,150,000 $673 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $22,613/month

9 Days on Market

Highlights

  • Ocean View
  • Deck
  • Spanish Architecture
  • Aptos High School Rated A-
  • Wood Flooring
  • Loft

About This Home

As of July 2016

Beverly Hills, Bel Air, ok, Carmel is cool; but, if you want to be in the know, get in on the secret beach neighborhood of Rio Del Mar in Santa Cruz County. This California Spanish style home brings ocean views, whimsical gardens and a diverse natural landscaping that are unquestionably special. Design elements include soaring ceilings with exposed wood beams, arched windows, terra-cotta tile roofing, wrought iron balconies, painted tiles, and a lush entry courtyard all reminiscent of a 1920’s Californian era. Wake up to the waves crashing and walk two short blocks to the beach pathway to enjoy a day at the beach. The distinguished quality of this property is easily recognizable, are you the next honored owner?

Last Agent to Sell the Property

Ben Strock

Strock Real Estate License #01337838 Listed on: 06/14/2016

Last Buyer's Agent

Arpad Racz

Coldwell Banker Realty License #01274256

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,311

Year Built

  • Built in 1986

Lot Details

  • 9,801 Sq Ft Lot
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R-1-6

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,193 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Separate Family Room
  • Dining Area
  • Den
  • Loft
  • Storage Room
  • Crawl Space
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bidet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 043-113-12-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,311

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 3193
  • Incorporated: Yes
  • Year Built: 1986
  • Zoning Description: R-1-6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Ornamental Only, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area
  • Kitchen: Countertop - Granite, Countertop - Stone, Countertop - Tile, Island, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 3193
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Loft, Office Area, Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Bidet
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Tile
  • View: Bay, Greenbelt, Ocean, Water
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Fencing: Complete Perimeter, Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Units
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down, Views
  • Parcel Number: 043-113-12-000
  • Lot Acres: 0.2250
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9801.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9801.00

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

Listed on
Jun 14, 2016
Closed on
Jul 22, 2016
Sold by
Yap Rhea
Bought by
Cheng Steven Ying Kye
Seller's Agent
Ben Strock
Strock Real Estate
Buyer's Agent
Arpad Racz
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Current Estimated Value
$3,837,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,731
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,397,500
Outstanding Balance
$1,171,654
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,666,077

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jul 15, 2016
Sold by
Gainer Connie R and The Connie R Gainer Revocable
Bought by
Cheng Steven Ying Kye
Seller's Agent
Ben Strock
Strock Real Estate
Buyer's Agent
Arpad Racz
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,500
Outstanding Balance
$1,171,654
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,666,077

Purchase Details

Closed on
Jul 7, 2012
Sold by
Gainer Connie R
Bought by
Gainer Connie R and Gainer Revocable Inte Connie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2001
Sold by
Gainer Connie Roy
Bought by
Gainer Connie R and Gainer Revocable Inte Connie R
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
Cheng Steven Ying Kye -- Old Republic Title Company
Cheng Steven Ying Kye $2,150,000 Old Republic Title Company
Gainer Connie R -- None Available
Gainer Connie R -- None Available
Gainer Connie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Steven Ying Kye $1,397,500
Previous Owner Gainer Connie R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $2,150,000 -4.4% $673 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $2,250,000 -- $705 / 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 $30,311 $2,736,891 $1,746,682 $990,209
2023 $29,805 $2,630,614 $1,678,856 $951,758
2022 $29,248 $2,579,033 $1,645,937 $933,096
2021 $28,642 $2,528,464 $1,613,664 $914,800
2020 $27,008 $2,393,018 $1,597,118 $795,900
2019 $23,702 $2,085,302 $1,565,802 $519,500
2018 $24,719 $2,195,600 $1,535,100 $660,500
2017 $24,494 $2,150,000 $1,505,000 $645,000
2016 $7,718 $629,131 $215,881 $413,250
2015 $7,635 $619,681 $212,638 $407,043
2014 $7,453 $607,543 $208,473 $399,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81590562

MLSListings

APN: 043-113-12-000