NOT LISTED FOR SALE

520 Lincoln St Santa Cruz, CA 95060

Downtown Santa Cruz Neighborhood

Estimated Value: $997,000 - $1,307,518

2 Beds
2 Baths
1,589 Sq Ft
$726/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $700,000 $441 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,784/month

3 Days on Market

Highlights

  • Eat-In Kitchen
  • Tandem Parking
  • Heating System Uses Gas
  • Westlake Elementary School Rated A-
  • Level Lot
  • 2-minute walk to Who's Your Walkie

About This Home

As of January 2020

Opportunity knocks in this downtown, duplex reconstruction.  Located on historic Lincoln Ave near downtown Santa Cruz, this property is ready for the next owner to restore it to it's past glory. County records indicate that the property has 2, 1 bedroom, 1 bath units.  Current front unit has an interior stairway up to a second floor additional living space. This property will not be eligible for conventional lending and will most likely require a cash, or private money purchase. Decks are in need of repair and not safe. Do not enter without an agent.

Last Agent to Sell the Property

The Portola Group

KW Thrive Santa Cruz License #70010159 Listed on: 01/07/2020

KW Thrive Santa Cruz

Last Buyer's Agent

Herbert Lavender

Rabbit Realty & Equity Investments Inc License #02047037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,609

Year Built

  • 1891

Lot Details

  • 5,271 Sq Ft Lot
  • Level Lot

Home Design

  • 1,589 Sq Ft Home
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Tandem Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Separate Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,609

Year Built

1891

Lot Details

0

Listing Details

  • Zoning: Duplex
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1589
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1891

Interior Features

  • Dining Room: Eat In Kitchen
  • Kitchen: Oven - Gas, Oven Range - Gas
  • Living Sq Ft: 1589
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Off-Street Parking, On Street, Room For Oversized Vehicle, Tandem Parking, Uncovered Parking

Utilities

  • Heating System: Electric, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1210
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5271.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5271.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 14, 2020
Sold by
Gera George M and Estate Of Georgem Gera
Bought by
Lavender Development Group Llc
Seller's Agent
The Portola Group
KW Thrive Santa Cruz
Buyer's Agent
Herbert Lavender
Rabbit Realty & Equity Investments Inc
List Price
$715,000
Sold Price
$700,000
Premium/Discount to List
-$15,000
-2.1%
Current Estimated Value
$1,153,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,380
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
May 19, 2014
Sold by
Pritchard Judith A and The Judith A Pritchard 1995 Tr
Bought by
Gera George M
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
Lavender Development Group Llc $682,500 First American Title Company
Gera George M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $700,000 -2.1% $441 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $715,000 -- $450 / 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 $8,609 $746,413 $667,124 $79,289
2024 $8,609 $731,778 $654,043 $77,735
2023 $8,508 $717,429 $641,219 $76,210
2022 $8,416 $703,362 $628,646 $74,716
2021 $8,247 $689,571 $616,320 $73,251
2020 $5,511 $440,496 $277,836 $162,660
2019 $5,391 $431,859 $272,388 $159,471
2018 $5,335 $423,391 $267,047 $156,344
2017 $2,410 $159,464 $74,718 $84,746
2016 $2,306 $156,336 $73,252 $83,084
2015 $2,120 $153,988 $72,152 $81,836
2014 $2,091 $150,970 $70,738 $80,232
Source: Public Records

Agents Affiliated with this Home

  • The Portola Group

    Seller's Agent in 2020

    The Portola Group

    KW Thrive Santa Cruz

    (831) 359-6164

    1 in this area

    59 Total Sales

    The Portola Group
    Section Image

  • H

    Buyer's Agent in 2020

    Herbert Lavender

    Rabbit Realty & Equity Investments Inc

    (408) 210-1162

    2 Total Sales

    Herbert Lavender
    Section Image
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Map

Source: MLSListings

MLS Number: ML81778341

MLSListings

APN: 006-472-11-000

California Santa Cruz County Santa Cruz 95060 Downtown Santa Cruz

520 Lincoln St, Santa Cruz, CA

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