NOT LISTED FOR SALE

507 Bethany Curve Santa Cruz, CA 95060

Lighthouse-The Circles Neighborhood

Estimated Value: $1,604,000 - $1,659,000

5 Beds
3 Baths
1,839 Sq Ft
$888/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,150,000 $625 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,036/month

Highlights

  • Fireplace
  • 3 Car Attached Garage
  • Security Fence
  • Mission Hill Middle School Rated A-
  • Forced Air Heating System
  • 5-minute walk to Garfield Park

About This Home

As of February 2024

Welcome to this delightful duplex nestled in the coveted Westside neighborhood of Santa Cruz. Boasting an ideal location only a few blocks to the ocean, this property offers a rare fixer-upper opportunity for both investors and owner-occupiers alike. Each unit features its own unique charm and character! The well-appointed floor plan includes a 3 bedroom 2 bath unit with 2 garage spaces and bonus room off the garage and also 2 bedroom 1 bath unit with a 1 car garage providing comfortable living spaces for residents. Both units also have plenty of parking, great private yards, and patios! The property's prime location ensures convenient access to all that Santa Cruz has to offer. Enjoy nearby beaches via the Bethany Curve beach path leading to West Cliff Drive and Mitchell's Cove Beach! Close to Lighthouse Field, Santa Cruz Wharf and popular dining spots, or take advantage of the vibrant local culture and entertainment options just moments away downtown! With its potential for rental income or multi-generational living, this duplex presents a versatile investment opportunity in one of Santa Cruz's most desirable neighborhoods. Don't miss your chance to own a piece of Westside charm!

Last Agent to Sell the Property

Ryan Hafich

Christie's International Real Estate Sereno License #02025809 Listed on: 02/20/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Raylene Khan

Christie's International Real Estate Sereno License #01202160

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • 1978

Lot Details

  • 5,358 Sq Ft Lot
  • Security Fence

Parking

  • 3 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,839 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $47,880

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $47,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

1978

Lot Details

0

Parking

3

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • Age: 46
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1839
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Living Sq Ft: 1839
  • Stories: 2
  • Security: Security Fence, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space, Pillars / Posts / Piers
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Acres: 0.1230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5358.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5358.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 29.24
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 47880.00
  • Income Annual Rental: 47880
  • Income Gross Scheduled: 47880
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Charity Doors Llc
Bought by
Fenwick Mcbride Trust and Mcbride
Current Estimated Value
$1,632,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$965,538
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$654,985

Purchase Details

Listed on
Feb 20, 2024
Closed on
Feb 27, 2024
Sold by
Carol Modesto Revocable Living Trust
Bought by
Charity Doors Llc
Seller's Agent
Ryan Hafich
Christie's International Real Estate Sereno
Buyer's Agent
Raylene Khan
Christie's International Real Estate Sereno
List Price
$1,399,999
Sold Price
$1,150,000
Premium/Discount to List
-$249,999
-17.86%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%
Original Mortgage
$1,035,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 6, 2014
Sold by
Modesto Carol J
Bought by
Carol Modesto Revocable Living Trust

Purchase Details

Closed on
Oct 9, 2012
Sold by
Machutes Constance S and The Joseph A Machutes & Consta
Bought by
Modesto Carol J
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
Fenwick Mcbride Trust $1,625,000 Chicago Title Insurance Compan
Charity Doors Llc $1,150,000 Chicago Title
Carol Modesto Revocable Living Trust -- None Available
Modesto Carol J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenwick Mcbride Trust $975,000
Previous Owner Charity Doors Llc $1,035,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,150,000 -17.9% $625 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,399,999 -- $761 / 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 $4,081 $1,625,000 $1,225,000 $400,000
2023 $4,036 $318,199 $117,145 $201,054
2022 $3,995 $311,960 $114,848 $197,112
2021 $3,920 $305,843 $112,596 $193,247
2020 $3,892 $302,707 $111,442 $191,265
2019 $3,804 $296,772 $109,257 $187,515
2018 $3,765 $290,952 $107,114 $183,838
2017 $3,722 $285,246 $105,013 $180,233
2016 $3,536 $279,653 $102,954 $176,699
2015 $3,338 $275,453 $101,408 $174,045
2014 $3,286 $270,058 $99,422 $170,636
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hafich

    Seller's Agent in 2024

    Ryan Hafich

    Sereno Group

    (408) 657-3107

    1 in this area

    26 Total Sales

    Ryan Hafich
    Section Image
  • Raylene Khan

    Buyer's Agent in 2024

    Raylene Khan

    Sereno Group

    (408) 316-9719

    1 in this area

    63 Total Sales

    Raylene Khan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81954783

MLSListings

APN: 004-391-29-000

California Santa Cruz County Santa Cruz 95060 Lighthouse-The Circles

507 Bethany Curve, Santa Cruz, CA

This home is located at 507 Bethany Curve, Santa Cruz, CA 95060 since 20 February 2024 and is currently estimated at $1,632,304, approximately $887 per square foot. This property was built in 1978. 507 Bethany Curve is a home located in Santa Cruz County with nearby schools including Bay View Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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