NOT LISTED FOR SALE

524 E Lake Ave Watsonville, CA 95076

Estimated Value: $430,000 - $594,000

1 Bed
1 Bath
540 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $440,000 $815 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,237/month

70 Days on Market

Highlights

  • High Ceiling
  • 1 Car Detached Garage
  • Laundry in Utility Room
  • Cottage
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of January 2021

AFFORDABLE CHARMING COTTAGE FOR FIRST TIME BUYER OR INVESTOR LOCATED DOWNTOWN CLOSE TO SHOPPING & SERVICES. SPACIOUS PARCEL WITH ROOM TO CONSTRUCT ADDITIONAL UNIT. NEW ROOF ON HOME AND DETACHED GARAGE 2020. PROPERTY RECENTLY PAINTED ON THE EXTERIOR.

Last Agent to Sell the Property

Chuck Fischer

El Camino Realty License #00755878 Listed on: 10/29/2020

Last Buyer's Agent

Santiago Renteria

Aldina Real Estate,Inc. License #01777299

Home Details

Home Type

  • Single Family

Year Built

  • 1908

Lot Details

  • 6,360 Sq Ft Lot
  • Mostly Level

Parking

  • 1 Car Detached Garage
  • Guest Parking

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Year Built

1908

Lot Details

0

Parking

1

Listing Details

  • Zoning: CN
  • Subclass: Single Family Home
  • Style: Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 540
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1908

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Exhaust Fan, Oven Range - Gas
  • Living Sq Ft: 540
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Gas Hookup, In Utility Room, Inside
  • Flooring: Tile, Vinyl / Linoleum
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6360.00

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Martinez Hector and Martinez Lucina
Bought by
Martinez Family Trust and Martinez
Current Estimated Value
$541,248

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 14, 2021
Sold by
Cerruti Michael M and Cerruti Kathryn R
Bought by
Martinez Hector and Martinez Lucina
Seller's Agent
Chuck Fischer
El Camino Realty
Buyer's Agent
Santiago Renteria
Aldina Real Estate,Inc.
List Price
$439,000
Sold Price
$440,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Jun 13, 2016
Sold by
Cerruti Patrick J and Cerruti Pamela J
Bought by
Cerruti Family Trust

Purchase Details

Closed on
Sep 17, 2008
Sold by
Washington Mutual Bank
Bought by
Cerruti Michael M and Cerruti Kathryn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2008
Sold by
Corman Hall Margaret Lynne
Bought by
Hall Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Hall Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
Hernandez Victor A
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-7

Purchase Details

Closed on
Feb 2, 2008
Sold by
Hernandez Victor A
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Purchase Details

Closed on
Nov 29, 2007
Sold by
Hernandez Victor A
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-7

Purchase Details

Closed on
Jun 13, 2006
Sold by
Hernandez Victor A and Sohutter Trust
Bought by
Hernandez Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
10.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2006
Sold by
Hernandez Victor A and Schutter Trust
Bought by
Hernandez Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
10.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 1997
Sold by
Schutter Barbara M
Bought by
Schutter Barbara M and Schutter Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Family Trust -- None Listed On Document
Martinez Hector $440,000 First American Title Company
Cerruti Family Trust -- None Available
Cerruti Michael M $164,000 Servicelink
Hall Michael John -- Servicelink
Hall Michael John $189,000 Servicelink
Deutsche Bank National Trust Co $388,000 Servicelink
Washington Mutual Bank $246,000 Servicelink
Deutsche Bank National Trust Co $256,000 None Available
Hernandez Victor A -- New Century Title
Hernandez Victor A -- New Century Title
Hernandez Victor A -- New Century Title
Hernandez Victor A -- New Century Title
Schutter Barbara M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerruti Michael M $123,000
Previous Owner Hernandez Victor A $360,000
Previous Owner Hernandez Victor A $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $440,000 +0.2% $815 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $439,000 0.0% $813 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $439,000 -- $813 / 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 $5,221 $449,209 $351,790 $97,419
2023 $5,142 $431,766 $338,130 $93,636
2022 $5,052 $423,300 $331,500 $91,800
2021 $2,403 $195,112 $117,066 $78,046
2020 $2,370 $193,112 $115,866 $77,246
2019 $2,328 $189,326 $113,594 $75,732
2018 $2,269 $185,612 $111,366 $74,246
2017 $2,249 $181,976 $109,184 $72,792
2016 $2,191 $178,408 $107,044 $71,364
2015 $2,183 $175,728 $105,436 $70,292
2014 $2,062 $165,920 $99,552 $66,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81817955

MLSListings

APN: 01706106000