C
Seller's Agent in 2021
Cheryl Hinchman
KW Thrive Santa Cruz
531 Summit Dr Santa Cruz, CA 95060
Santa Cruz AreaEstimated Value: $505,395 - $1,009,000
2
Acres
$377,843
Price per Acre
87,294
Sq Ft Lot
Highlights
- Bay View
- Partially Fenced Property
- Gentle Sloping Lot
- Bonny Doon Elementary School Rated A
About This Lot
As of October 2021Prior to the CZU fire, a lovely home, outbuildings & beautiful gardens graced the land at 531 Summit Drive. Although the greenhouse was lost, much of the garden & many of the trees are still there, providing shade & greenery. Existing plants have reappeared with new blossoms. For over 30 years, only organic gardening was done on the property - no pesticides were used. The views & the feeling of being near the top of the world are still there. On clear days, there are views of Monterey Bay & the Peninsula. The gently sloped site is defined on three sides by paved roads. Reports for septic system & private well have been completed. The County-required fire debris cleanup & soil sampling have been completed. The parcel is ready for a rebuild! The desirable Summit Drive neighborhood, composed of larger parcels, offers privacy, sunshine & abundant wildlife. It's close to Fall Creek State Park, providing access to its many hiking trails. The County RPC can help expedite the building process.
Last Agent to Sell the Property
Cheryl Hinchman
KW Thrive Santa Cruz License #01442742 Listed on: 05/28/2021
Last Buyer's Agent
Megan Kilmer
Dream Catch Properties License #02095192
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Property Details
Property Type
- Land
Lot Details
- 2 Acre Lot
- Partially Fenced Property
- Gentle Sloping Lot
Property Views
- Bay
- Forest
Utilities
- Well
- Septic Tank
Additional Features
- Electricity Available at Street
- Horses Potentially Allowed on Property
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Oct 6, 2021
Sold by
Bought by
Seller's Agent
Cheryl Hinchman
KW Thrive Santa Cruz
Buyer's Agent
Megan Kilmer
Dream Catch Properties
List Price
$549,000
Sold Price
$439,417
Premium/Discount to List
-$109,583
-19.96%
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
$317,781
Avg. Annual Appreciation
11.95%
Original Mortgage
$329,562
Outstanding Balance
$300,871
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$456,327
Purchase Details
Closed on
Feb 1, 2010
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $439,500 | Old Republic Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $329,562 | ||
| Closed | $329,562 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $439,417 | -11.9% | $600 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 07/21/2021 07/21/21 | Price Changed | $499,000 | -9.1% | $682 / Sq Ft |
| 05/28/2021 05/28/21 | For Sale | $549,000 | -- | $750 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,104 | $466,313 | $466,313 | |
| 2023 | $5,028 | $448,206 | $448,206 | $0 |
| 2022 | $4,954 | $439,417 | $439,417 | $0 |
| 2021 | $738 | $50,596 | $50,596 | $0 |
| 2020 | $2,528 | $182,098 | $100,154 | $81,944 |
| 2019 | $2,318 | $178,527 | $98,190 | $80,337 |
| 2018 | $2,280 | $175,027 | $96,265 | $78,762 |
| 2017 | $2,247 | $171,595 | $94,378 | $77,217 |
| 2016 | $2,177 | $168,230 | $92,527 | $75,703 |
| 2015 | $2,064 | $165,703 | $91,137 | $74,566 |
| 2014 | $2,035 | $162,457 | $89,352 | $73,105 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2021
Megan Kilmer
Dream Catch Properties
Map
Source: MLSListings
MLS Number: ML81846338
APN: 080-063-18-000
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