NOT LISTED FOR SALE

515 Broadway Santa Cruz, CA 95060

Lower Ocean Neighborhood

Estimated Value: $1,323,000 - $1,727,756

6 Beds
2.5 Baths
2,736 Sq Ft
$571/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $720,000 $263 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $9,786/month

24 Days on Market

Highlights

  • City Lights View
  • Deck
  • Victorian Architecture
  • Mission Hill Middle School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2016

Opportunity Knocks! Former home of Local non-profit. First time on market in 39 years. Used as 6 bedroom, 2-1/2 bath residential rental (three bedrooms have no closet.) Flexible floor plan with C-C (Community Commercial) Zoning allows for multitude of uses. Harness the benefits of the Santa Cruz rental market. Grand spaces: giant living room, family room with hardwood floors, many newer insulated windows, new vinyl floors in kitchen and baths, new carpet, new paint inside and out. Easement for ingress and egress shared with adjacent property at 511 Broadway which will be available for sale. . . coming soon!

Last Agent to Sell the Property

Greg Pfyffer

Pacific Sun Properties License #01230676 Listed on: 06/20/2016

Last Buyer's Agent

Katy Cowley

Cowley Properties License #01946911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,428

Year Built

  • Built in 1910

Lot Details

  • 5,532 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Grass Covered Lot
  • Zoning described as C-C

Home Design

  • Victorian Architecture
  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Separate Family Room
  • Dining Room
  • City Lights Views
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 4 Car Detached Garage
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-051-38-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,428

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Victorian
  • Age: 106
  • Listing Class: Residential
  • Structure Sq Ft: 2736
  • Incorporated: Yes
  • Year Built: 1910
  • Zoning Description: C-C
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: No Formal Dining Room, Skylight
  • Kitchen: Countertop - Ceramic, Refrigerator
  • Living Sq Ft: 2736
  • Stories: 2
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: City, City Lights
  • Yard/Grounds: Balcony / Patio, Deck, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Off-Street Parking, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Inverted Floor Plan, Walk-in Closet

Schools

  • School District: Santa Cruz City High
  • Elementary School: Gault Elementary
  • Middle School: Branciforte Middle School
  • High School: Harbor High
  • High School: 851
  • Elementary School: 844
  • Middle School: 37459

Lot Info

  • Parcel Number: 010-051-38-000
  • Lot Acres: 0.1270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5532.12
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5532.12
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Gault Elementary
  • High School Text: Harbor High
  • Middle School Text: Branciforte Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 24, 2016
Sold by
The Eschaton Foundation
Bought by
Lutter Michael and Lane Diana
Seller's Agent
Greg Pfyffer
Pacific Sun Properties
Buyer's Agent
Katy Cowley
Cowley Properties
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Total Days on Market
24
Current Estimated Value
$1,651,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,872
Avg. Annual Appreciation
9.07%
Original Mortgage
$375,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2011
Sold by
The Eschaton Foundation
Bought by
The Eschaton Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lutter Michael $720,000 Old Republic Title Company
The Eschaton Foundation -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutter Michael $343,650
Closed Lutter Michael $375,000
Previous Owner The Eschaton Foundation $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $720,000 +3.0% $263 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $699,000 -- $255 / 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 $9,428 $835,622 $464,234 $371,388
2023 $9,315 $803,174 $446,208 $356,966
2022 $9,212 $787,425 $437,458 $349,967
2021 $9,022 $771,986 $428,881 $343,105
2020 $8,953 $764,070 $424,483 $339,587
2019 $8,758 $749,088 $416,160 $332,928
2018 $8,660 $734,400 $408,000 $326,400
2017 $8,551 $720,000 $400,000 $320,000
2016 $2,051 $145,001 $40,977 $104,024
2015 $1,915 $142,822 $40,361 $102,461
2014 $1,888 $140,024 $39,570 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Greg Pfyffer

    Seller's Agent in 2016

    Greg Pfyffer

    Pacific Sun Properties

    (831) 818-7988

    11 Total Sales

    Section Image
  • Katy Cowley

    Buyer's Agent in 2016

    Katy Cowley

    Cowley Properties

    (831) 251-2718

    41 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81591462

MLSListings

APN: 010-051-38-000

California Santa Cruz County Santa Cruz 95060 Lower Ocean

515 Broadway, Santa Cruz, CA

This home is located at 515 Broadway, Santa Cruz, CA 95060 since 20 June 2016 and is currently estimated at $1,561,189, approximately $570 per square foot. This property was built in 1910. 515 Broadway is a home located in Santa Cruz County with nearby schools including Gault Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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