Seller's Agent in 2025
Sebastian Frey
Compass
(408) 596-1623
78 Total Sales
540 Olaughlin Rd Santa Cruz, CA 95065
3
Beds
2
Baths
1,951
Sq Ft
3.63
Acres
Highlights
- Ocean View
- Deck
- Contemporary Architecture
- Happy Valley Elementary School Rated A
- Wood Burning Stove
- Secluded Lot
About This Home
As of December 2025Wake up to towering redwoods, shimmering bay views, and quiet you can actually hear. Tucked in Santa Cruz County's Happy Valley, this 3.6-acre retreat pairs everyday convenience with a true mountain-meets-coast lifestyle. You're in the Happy Valley Elementary one-school district, small, close-knit, and uniquely community-focused, while still moments from town. Weekends write themselves: hike the old-growth groves at Henry Cowell Redwoods State Park, then be on the sand or downtown Santa Cruz in minutes. When you need errands (or a movie and dinner), Scotts Valley has easy shopping, groceries, and the local cinema just 5 minutes away. Commuters and day-trippers will appreciate direct access toward Santa Cruz and Highway 17 via Branciforte Drive (one of the primary routes serving the Happy Valley area) placing Los Gatos and coastal workplaces within straightforward reach. Inside, nearly 2,000 sq ft of sun-splashed living blends open-beam ceilings, skylights, and a modern kitchen that opens to view decks, perfect for morning coffee above the trees or easy entertaining at sunset. With sun and privacy galore, plus a flexible space for home office or media, this is a home that lives like a sanctuary without giving up access to everything you love about Santa Cruz living.
Home Details
Home Type
- Single Family
Year Built
- Built in 1980
Lot Details
- 3.63 Acre Lot
- Secluded Lot
- Lot Sloped Down
Property Views
- Ocean
- Bay
- Valley
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,951 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- Wood Burning Stove
- Wood Burning Fireplace
- Double Pane Windows
- Separate Family Room
- Combination Dining and Living Room
- Gas Oven
- Laundry in unit
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Low Flow Toliet
- Low Flow Shower
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Outdoor Features
- Balcony
- Deck
- Barbecue Area
Utilities
- Forced Air Heating System
- Separate Meters
- Propane
- Shared Well
- Tankless Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 101-031-23
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2025
Closed on
Dec 4, 2025
Sold by
Michals Nils and Michals Sarah
Bought by
Fan Rong and Docktor Kenneth Eugene
Seller's Agent
Sebastian Frey
Compass
Buyer's Agent
Daniel Chole
KW Thrive Santa Cruz
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%
Views
114
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.90%
Original Mortgage
$1,089,742
Outstanding Balance
$1,089,742
Interest Rate
6.17%
Mortgage Type
FHA
Estimated Equity
$211,031
Purchase Details
Listed on
Jun 10, 2022
Closed on
Jul 22, 2022
Sold by
Rey Giovanni B
Bought by
Michals Nils and Michals Sarah
Seller's Agent
John O'Donnell
Lighthouse Realty
Buyer's Agent
Shemeika Fox
eXp Realty of California Inc
List Price
$1,620,000
Sold Price
$1,435,000
Premium/Discount to List
-$185,000
-11.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.81%
Original Mortgage
$855,000
Interest Rate
5.78%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 28, 2015
Sold by
March Michael Dennis and Rivers Maria
Bought by
Rey Giovanni B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2007
Sold by
Randolph Richard R and Randolph Joan T
Bought by
March Michael Dennis and Rivers Maria
Purchase Details
Closed on
Apr 16, 1996
Sold by
Randolph Richard R and Randolph Joan T
Bought by
Randolph Richard R and Randolph Joan T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,260,000 | Old Republic Title Company | |
| Grant Deed | $1,435,000 | Stewart Title Of California | |
| Grant Deed | $965,000 | Old Republic Title Company | |
| Grant Deed | $855,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,089,742 | FHA | |
| Previous Owner | $855,000 | Balloon | |
| Previous Owner | $772,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $1,260,000 | -3.1% | $646 / Sq Ft | |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- | |
| 09/08/2025 09/08/25 | For Sale | $1,300,000 | -9.4% | $666 / Sq Ft | |
| 07/29/2022 07/29/22 | Sold | $1,435,000 | -4.3% | $736 / Sq Ft | View Prior Sale |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- | |
| 06/18/2022 06/18/22 | Price Changed | $1,500,000 | -7.4% | $769 / Sq Ft | |
| 06/10/2022 06/10/22 | For Sale | $1,620,000 | -- | $830 / 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 | $15,919 | $1,492,974 | $1,102,824 | $390,150 |
| 2023 | $15,875 | $1,435,000 | $1,060,000 | $375,000 |
| 2022 | $12,136 | $1,076,476 | $645,886 | $430,590 |
| 2021 | $11,760 | $1,055,368 | $633,221 | $422,147 |
| 2020 | $11,666 | $1,044,547 | $626,728 | $417,819 |
| 2019 | $11,420 | $1,024,065 | $614,439 | $409,626 |
| 2018 | $11,244 | $1,003,986 | $602,392 | $401,594 |
| 2017 | $10,985 | $984,300 | $590,580 | $393,720 |
| 2016 | $10,522 | $965,000 | $579,000 | $386,000 |
| 2015 | $9,099 | $831,459 | $437,610 | $393,849 |
| 2014 | $8,240 | $749,062 | $394,243 | $354,819 |
Source: Public Records
Agents Affiliated with this Home
-
Sebastian Frey
-
Daniel Chole
Buyer's Agent in 2025
Daniel Chole
KW Thrive Santa Cruz
(408) 767-8162
19 Total Sales
-
John O'Donnell
Seller's Agent in 2022
John O'Donnell
Lighthouse Realty
(831) 345-6583
22 Total Sales
-
S
Buyer's Agent in 2022
Shemeika Fox
eXp Realty of California Inc
Map
Source: MLSListings
MLS Number: ML82020804
APN: 101-031-23-000
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