NOT LISTED FOR SALE

Estimated Value: $3,595,000 - $4,768,000

0.25 Acre
$15,758,154 Price per Acre
11,064 Sq Ft Lot

Last Sold July 31, 2012

Last sale price $1,200,000

Est. 234% increase in value since last sale

Current estimated payment $23,377/month

6 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Level Lot
  • Aptos High School Rated A-

About This Lot

As of July 2012

Spectacular, panoramic Ocean View Lot. Retaining wall on ocean bluff and patio in place. Currently landscaped and used as private,for adjacent 550 Bayview Drive. Will sell separate from home (See MLS 81129412).

Last Agent to Sell the Property

Jay Gertridge

Kerwin & Associates License #01395065 Listed on: 05/15/2012

Last Buyer's Agent

Kelley Trousdale

Santa Cruz Estates License #01113597

Santa Cruz Estates

Property Details

Property Type

  • Land

Lot Details

  • Partially Fenced Property
  • Level Lot

Property Views

  • Ocean
  • Bay

Utilities

  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: R-1-6
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Recreational, Vacant
  • Development Status: Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Ocean
  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer Available, Sewer Available At Site

Lot Info

  • Lot Description: Grade - Level
  • Lot Number: B
  • Lot Location: Oceanfront, Bayfront
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10890.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10890.00
  • Lot Size Area Min Search: 10890.00
  • Maximum Lot Size: 10890.00
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 1300000

Multi Family

  • Utilities: On Pole, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2012
Closed on
Jul 18, 2012
Sold by
Ehret Lynn K and Lynn K Ehret Trust
Bought by
Machado John B and Machado Maureen Melehan
Seller's Agent
Jay Gertridge
Kerwin & Associates
Buyer's Agent
Kelley Trousdale
Santa Cruz Estates
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Current Estimated Value
$4,002,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,802,571
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Ehret Lynn K
Bought by
Ehret Lynn K and Lynn K Ehret Trust

Purchase Details

Closed on
May 24, 2007
Sold by
Ehret Frank J
Bought by
Ehret Lynn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2003
Sold by
Ehret Lynn K
Bought by
Ehret Lynn K and Lynn K Ehret Trust

Purchase Details

Closed on
Jun 21, 2001
Sold by
Ehret Lynn K
Bought by
Ehret Frank J and Ehret Lynn K

Purchase Details

Closed on
May 30, 1996
Sold by
Ehret Frank
Bought by
Ehret Lynn K
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
Machado John B -- First American Title Ins Co
Ehret Lynn K -- None Available
Ehret Lynn K -- First American Title Company
Ehret Lynn K -- First American Title Company
Ehret Lynn K -- --
Ehret Lynn K -- --
Ehret Frank J -- --
Ehret Lynn K -- Santa Cruz Title Company
Ehret Lynn K $550,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ehret Lynn K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $1,200,000 -7.7% --
05/21/2012 05/21/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $1,300,000 -- --
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 $28,129 $2,533,663 $1,507,310 $1,026,353
2023 $27,654 $2,435,277 $1,448,779 $986,498
2022 $26,193 $2,387,527 $1,420,372 $967,155
2021 $25,679 $2,340,712 $1,392,521 $948,191
2020 $25,297 $2,316,712 $1,378,243 $938,469
2019 $24,863 $2,271,285 $1,351,218 $920,067
2018 $24,179 $2,226,751 $1,324,724 $902,027
2017 $24,015 $2,183,089 $1,298,749 $884,340
2016 $23,349 $2,140,283 $1,273,283 $867,000
2015 $15,831 $1,433,733 $1,229,533 $204,200
2014 $13,290 $1,205,448 $1,205,448 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81218294

MLSListings

APN: 043-243-04-000