NOT LISTED FOR SALE

Estimated Value: $1,145,332 - $1,341,000

3 Beds
2.5 Baths
1,600 Sq Ft
$770/Sq Ft Est. Value

Last Sold January 07, 2013

Last sale price $565,000 $353 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,375/month

205 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Traditional Architecture
  • Westlake Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of January 2013

Modern Mediterranean Style Detached Townhome. Set at the top of Southview Terrace development, this 3 bedroom 2 1/2 bath home has no common walls and is in a prime location! Granite Kitchen, cherry cabinets & hardwood flooring throughout the living area which opens to a large backyard & patio. South facing master suite with oceanview of the Monterey Bay. Close to beach, downtown & UCSC.

Last Agent to Sell the Property

Mike Morgan

Coldwell Banker Realty License #01138930 Listed on: 05/30/2012

Coldwell Banker Realty

Last Buyer's Agent

Tammi Blake

Lighthouse Realty License #01308322

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,997

Year Built

  • Built in 2003

Lot Details

  • No Common Walls
  • End Unit

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Ceiling Insulation
  • Floor Insulation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Ocean Views
  • Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, insurance - liability
  • Southview Terrace Association

Listing and Financial Details

  • Assessor Parcel Number 002-671-002

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,997

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Traditional, Mediterranean
  • Age: 10
  • Sale Price Per Sq Ft: 353.12
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1600
  • Incorporated: Yes
  • Map Book Page: 991
  • Map Side Coordinate: 1
  • Map Top Coordinate: J
  • Thomas Bros Page: 991
  • Thomas Brothers: J1
  • Year Built: 2003
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Oven - Self Cleaning, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1600
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 87
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Insurance - Liability
  • H O A Name Text: Southview Terrace
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Balcony/Patio

Schools

  • School District: Santa Cruz City High
  • Elementary School: Westlake Elementary
  • Middle School: Mission Hill Middle
  • High School: Santa Cruz High
  • High School: 852
  • Elementary School: 847
  • Middle School: 849

Lot Info

  • Parcel Number: 002-671-002
  • List Price per Sq Ft: 358.75
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 871.00
  • Lot Size Area Min Search: 871.00
  • Maximum Lot Size: 871.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Insulation - Floor, Low Flow Shower, Low Flow Toilet, Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, No Common Wall

MLS Schools

  • High School District Text: Santa Cruz City High
  • Elementary School Text: Westlake Elementary
  • High School Text: Santa Cruz High
  • Middle School Text: Mission Hill Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Jan 3, 2013
Sold by
Pogonip Meadows Llc
Bought by
Hemmady Vidyashankar and Handu Seema
Seller's Agent
Mike Morgan
Coldwell Banker Realty
Buyer's Agent
Tammi Blake
Lighthouse Realty
List Price
$605,000
Sold Price
$565,000
Premium/Discount to List
-$40,000
-6.61%
Current Estimated Value
$1,231,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,333
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Mar 21, 2008
Sold by
Spencer Richard S and Gould Shawn R
Bought by
Pogonip Meadows Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2008
Sold by
Pogonip Meadows Llc
Bought by
Spencer Richard S and Gould Shawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Southview Terrace Llc
Bought by
Pogonip Meadows Llc

Purchase Details

Closed on
Feb 9, 2004
Sold by
Spencer Richard S and Gould Shawn R
Bought by
Southview Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2004
Sold by
Southview Terrace Llc
Bought by
Spencer Richard S and Gould Shawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
4.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Hemmady Vidyashankar $565,000 First American Title Company
Pogonip Meadows Llc -- Accommodation
Spencer Richard S -- Santa Cruz Title Company
Pogonip Meadows Llc -- First American Title Co
Southview Terrace Llc -- First American Title Co
Spencer Richard S -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Richard S $417,000
Previous Owner Spencer Richard S $430,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2013 01/07/13 Sold $565,000 -1.6% $353 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/05/2012 12/05/12 Price Changed $574,000 -0.9% $359 / Sq Ft
09/24/2012 09/24/12 Price Changed $579,000 -1.8% $362 / Sq Ft
08/06/2012 08/06/12 Price Changed $589,500 -2.6% $368 / Sq Ft
05/30/2012 05/30/12 For Sale $605,000 -- $378 / 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 $7,997 $709,674 $283,870 $425,804
2023 $7,901 $682,116 $272,846 $409,270
2022 $7,814 $668,740 $267,496 $401,244
2021 $7,653 $655,628 $262,252 $393,376
2020 $7,594 $648,906 $259,562 $389,344
2019 $7,427 $636,180 $254,472 $381,708
2018 $7,343 $623,706 $249,482 $374,224
2017 $7,251 $611,476 $244,590 $366,886
2016 $6,853 $599,486 $239,794 $359,692
2015 $6,673 $590,482 $236,192 $354,290
2014 $6,562 $578,916 $231,566 $347,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81220341

MLSListings

APN: 002-671-02-000