531 Santa Marguarita Dr Aptos, CA 95003
Rio del Mar Neighborhood
3
Beds
2.5
Baths
2,120
Sq Ft
6,839
Sq Ft Lot
Highlights
- Ocean View
- Spa
- Granite Countertops
- Aptos High School Rated A-
- Wood Flooring
- Formal Dining Room
About This Home
As of May 2025Enjoy stunning bay views from the inviting front deck. French doors lead to a cozy living room with high ceilings and fireplace. Step up to a formal dining room, beautiful gourmet kitchen with maple cabinets, granite counters and a Wolf range. The primary bedroom with a beautiful remodeled primary bathroom is on the main level. 2 additional bedrooms, a full bathroom and the laundry are on the lower level. The resort style back yard is an entertainer's delight with stamped concrete patio, beautiful landscaping and Jacuzzi spa. The garage has 220 volt / 50 amp outlets for electric car charging and the home has a Generac whole house generator. This well maintained home makes a great vacation or fulltime residence. Close to shopping, dining, local schools and more. Nestled in one of the most sought-after neighborhoods on the Monterey Bay,2-minute drive to Seascape Golf Club, close to dining, shopping, famous Rio Del Mar beaches and the iconic coastal lifestyle.
Last Agent to Sell the Property
Bailey Properties License #01272394 Listed on: 04/11/2025
Last Buyer's Agent
Michael Sibilia
KW Thrive Santa Cruz License #01473789
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,894
Year Built
- Built in 1989
Lot Details
- 6,839 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Lot Sloped Up
- Zoning described as R-1-8
Parking
- 2 Car Garage
Property Views
- Ocean
- Bay
Home Design
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,120 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
Kitchen
- Gas Oven
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- Walk-in Shower
Laundry
- Laundry in unit
- Washer and Dryer
Pool
- Spa
- Pool Cover
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 044-143-31-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
May 8, 2025
Sold by
Dibell Victoria L
Bought by
Forrister Daniel Keith and Jacobs Raymond Leo
Seller's Agent
Ron Fossum
Bailey Properties
Buyer's Agent
Michael Sibilia
KW Thrive Santa Cruz
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Total Days on Market
2
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,632
Avg. Annual Appreciation
1.76%
Original Mortgage
$1,360,000
Outstanding Balance
$1,357,601
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$351,031
Purchase Details
Closed on
Jul 27, 2015
Sold by
Jack Jeffrey and Jack Colette
Bought by
Dibell Victoria L
Purchase Details
Closed on
Oct 26, 1994
Sold by
Fitzgerald Patrick K and Fitzgerald Peggy H
Bought by
Jack Jeffrey and Jack Colette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.78%
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Experience coastal luxury in the highly desirable Rio Highlands neighborhood. Walk to shops or to the beach within minutes. This two-story home greets you with beautiful curb appeal. Upon entering the front door you are welcomed with abundant natural light through the multiple windows and two-story ceilings. The interior features a formal living and dining room for hosting gatherings, while the
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,700,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | Old Republic Title Company | |
| Grant Deed | $998,000 | First American Title Company | |
| Grant Deed | $343,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,360,000 | New Conventional | |
| Previous Owner | $511,000 | New Conventional | |
| Previous Owner | $513,500 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $213,500 | Unknown | |
| Previous Owner | $94,200 | Credit Line Revolving | |
| Previous Owner | $175,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $1,700,000 | +0.3% | $802 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $1,695,000 | -- | $800 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $13,894 | $1,181,430 | $708,858 | $472,572 |
| 2023 | $13,624 | $1,135,554 | $681,332 | $454,222 |
| 2022 | $13,342 | $1,113,288 | $667,973 | $445,315 |
| 2021 | $12,984 | $1,091,459 | $654,875 | $436,584 |
| 2020 | $12,772 | $1,080,267 | $648,160 | $432,107 |
| 2019 | $12,547 | $1,059,085 | $635,451 | $423,634 |
| 2018 | $12,213 | $1,038,320 | $622,992 | $415,328 |
| 2017 | $12,107 | $1,017,960 | $610,776 | $407,184 |
| 2016 | $11,801 | $998,000 | $598,800 | $399,200 |
| 2015 | $6,090 | $479,382 | $239,691 | $239,691 |
| 2014 | $5,942 | $469,992 | $234,996 | $234,996 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Fossum
Seller's Agent in 2025
Ron Fossum
Bailey Properties
(831) 234-2974
1 in this area
29 Total Sales
-
M
Buyer's Agent in 2025
Michael Sibilia
KW Thrive Santa Cruz
Map
Source: MLSListings
MLS Number: ML82002185
APN: 044-143-31-000
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