NOT LISTED FOR SALE

Estimated Value: $5,691,931 - $6,081,000

3 Beds
3.5 Baths
3,100 Sq Ft
$1,899/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $4,795,000 $1,547 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $35,659/month

47 Days on Market

Highlights

  • Ocean View
  • Built in 2018 | Newly Remodeled
  • Contemporary Architecture
  • Aptos High School Rated A-
  • Primary Bedroom Suite
  • Two Way Fireplace

About This Home

As of April 2019

STUNNING BRAND NEW HOME on one of the most exclusive streets in Northern California. Completion is near; Fall 2018 with final finishes in the works. The inherent privacy at the gated end of Beach Drive in Rio Del Mar with its immediate access to beaches and sweeping 180 degree ocean views make it one of the most coveted locations in all of Santa Cruz County. Enjoy the pinnacle of beach living with full ocean views of the Monterey Bay from every room of this impeccably designed luxury home with 3,100+/- SF of living space and 800+/- SF patio retreat. Large Bonus/Fourth Bedroom. Located less than an hour from Silicon Valley with an easy drive to San Francisco, Napa Valley and Carmel, delivering the perfect blend of privacy, luxury and access. Imagined, designed, and constructed by one of the premier development companies in the Bay Area; Silicon Valley Real Ventures. Gorgeous finishes selected by local designer Allie Kambic of ARK Interiors. A once in a lifetime ownership opportunity!

Last Agent to Sell the Property

Colleen Marchbank

KW Thrive Santa Cruz License #01053725 Listed on: 09/19/2018

Co-Listed By

Dave Bragg

James Anderson, Broker License #01997389

Last Buyer's Agent

Carol Jeans

Christie's International Real Estate Sereno License #01117857

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 8,189 Sq Ft Lot
  • Hillside Location
  • Grass Covered Lot
  • Zoning described as RB

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Steel Frame
  • Wood Frame Construction
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,100 Sq Ft Home
  • Inverted Floor Plan
  • Wired For Sound
  • High Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Alarm System
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • 220 Volts

Community Details

  • Security Service
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 043-161-53

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Estimated Completion Date: 11/30/2018
  • Listing Class: Residential
  • Structure Sq Ft: 3100
  • Construction: New Construction, Under Construction
  • Year Built: 2018
  • Zoning Description: RB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru, Gas Burning, Living Room, Outside
  • Dining Room: Breakfast Bar, Dining Area in Living Room, Dining Bar
  • Kitchen: 220 Volt Outlet, Countertop - Other, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Ice Maker, Island, Island with Sink, Microwave, Oven Range - Built-In, Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3100
  • Security: Controlled / Secured Access, Fire System - Sprinkler, Security Alarm, Security Service
  • Bedrooms: Primary Suite / Retreate - 2+, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Inside, Tub / Sink, Upper Floor, Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Great Room, Laundry Room, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Shower and Tub, Shower over Tub - 1, Stall Shower - 2+, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Concrete
  • View: Ocean
  • Yard/Grounds: Balcony / Patio, BBQ Area, Low Maintenance
  • Construction Type: Concrete, Steel Frame, Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Inverted Floor Plan, Walk-in Closet

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Hillside, Views
  • Parcel Number: 043-161-53
  • Lot Acres: 0.1880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8189.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8189.00
  • Soil: Sandy

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • High School Text: Aptos High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Apr 19, 2019
Sold by
Svrv 631 Beach Llc
Bought by
Chandrasekaran Family Trust
Seller's Agent
Colleen Marchbank
KW Thrive Santa Cruz
Buyer's Agent
Carol Jeans
Christie's International Real Estate Sereno
List Price
$4,795,000
Sold Price
$4,795,000
Current Estimated Value
$5,886,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,091,466
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
May 8, 2017
Sold by
Svrev 631 Beach Llc
Bought by
Svrv 631 Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 11, 2015
Sold by
King John
Bought by
Svrev 631 Beach Llc
Seller's Agent
Katy King
Monterey Bay Properties
Buyer's Agent
Katy King
Monterey Bay Properties
List Price
$751,000
Sold Price
$725,000
Premium/Discount to List
-$26,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.36%
Original Mortgage
$1,650,000
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jan 2, 2013
Sold by
Seagraves Deanna L
Bought by
King John
Seller's Agent
Alistair Craft
Christie's International Real Estate Sereno
Buyer's Agent
Katy King
Monterey Bay Properties
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.86%
Original Mortgage
$378,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2011
Sold by
Howell & Mcneil Development Llc
Bought by
California Bank & Trust and Federal Deposit Insurance Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chandrasekaran Family Trust $4,795,000 Cornerstone Title Company
Svrv 631 Beach Llc -- Chicago Title Insurance Co
Svrev 631 Beach Llc $725,000 Old Republic Title Company
King John -- Old Republic Title Company
King John $375,000 Old Republic Title Company
California Bank & Trust $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Svrv 631 Beach Llc $1,600,000
Previous Owner Svrev 631 Beach Llc $1,650,000
Previous Owner King John $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2019 04/30/19 Sold $4,795,000 0.0% $1,547 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $4,795,000 +561.4% $1,547 / Sq Ft
08/14/2015 08/14/15 Sold $725,000 -3.5% $242 / Sq Ft View Prior Sale
06/14/2015 06/14/15 Pending -- -- --
05/22/2013 05/22/13 For Sale $751,000 +100.3% $250 / Sq Ft
01/07/2013 01/07/13 Sold $375,000 -3.8% $125 / Sq Ft View Prior Sale
09/14/2012 09/14/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $390,000 -- $130 / 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 $57,821 $5,348,914 $3,368,868 $1,980,046
2023 $56,794 $5,141,209 $3,238,050 $1,903,159
2022 $54,851 $5,040,401 $3,174,559 $1,865,842
2021 $53,996 $4,941,570 $3,112,313 $1,829,257
2020 $53,191 $4,890,900 $3,080,400 $1,810,500
2019 $27,097 $2,479,376 $826,376 $1,653,000
2018 $12,328 $1,131,090 $754,290 $376,800
2017 $8,436 $766,600 $739,500 $27,100
2016 $7,924 $725,000 $725,000 $0
2015 $4,277 $384,230 $384,230 $0
2014 $4,186 $376,703 $376,703 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81724269

MLSListings

APN: 043-161-53-000