NOT LISTED FOR SALE

Estimated Value: $1,127,000 - $1,756,000

3 Beds
2 Baths
1,520 Sq Ft
$947/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $1,550,000 $1,020 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $9,545/month

35 Days on Market

Highlights

  • Barn
  • Stables
  • 8.98 Acre Lot
  • San Lorenzo Valley High School Rated A-
  • Horse Property
  • Deck

About This Home

As of January 2022

The historic Locatelli Ranch, located in the heart of the San Lorenzo Valley with just under 10 acres of well-manicured grounds, including horse stalls & stables, show rings, three pastures, & a multitude of trails. This exquisite horse property welcomes you with a soothing koi pond & a large front porch at the 3 bed/2 bath home entrance. Spacious covered patio that makes for great indoor-outdoor living & could be turned into an outdoor kitchen thanks to a built-in sink, counters, & seating. The house features newer flooring & interior paint. Thanks to flat usable land, chicken coop, & mature fruit trees, there is excellent potential for those interested in homesteading. Close to downtown Boulder Creek with top-notch restaurants, nightlife, grocery stores, boutiques, & hiking & mountain biking trails at Henry Cowell State Park. Easy access to Silicon Valley (approx 30 miles away) via Bear Creek Rd or Highway 9 & just 16 miles to the Santa Cruz beaches.

Last Listed By

Jayson Madani

Room Real Estate License #70010074 Listed on: 11/04/2021

Room Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,752

Year Built

  • 1919

Lot Details

  • 8.98 Acre Lot
  • Wood Fence

Home Design

  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Parking

  • 100 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Horse Property
  • Boarding Facilities
  • Deck
  • Barbecue Area

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Paddocks
  • Hay Storage
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Forced Air Heating System
  • Propane
  • Spring water is a source of water for the property
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,752

Year Built

1919

Lot Details

0

Listing Details

  • Zoning: SU
  • Subclass: Single Family Home
  • Age: 102
  • Listing Class: Residential
  • Structure Sq Ft: 1520
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Island, Oven - Gas, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1520
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower Over Tub - 1, Stall Shower, Tile, Tub In Primary Bedroom, Tub With Jets

Exterior Features

  • Foundation: Post And Beam, Post And Pier
  • Roof: Composition, Shingle
  • Yard/Grounds: Bbq Area, Deck
  • Horse Property: Yes
  • Fencing: Wood
  • Horse Property Description: Arena, Barn, Boarding Stable, Fenced, Hay Storage, Paddocks, Pasture, Riding Trails, Stalls, Trailer Storage
  • Pool: Spa / Hot Tub

Garage/Parking

  • Parking Spaces: 100
  • Garage Parking Features: Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: San Lorenzo Valley Unified
  • Elementary School: San Lorenzo Valley Elementary
  • Middle School: San Lorenzo Valley Middle
  • High School: San Lorenzo Valley High School
  • High School: 835
  • Elementary School: 834
  • Middle School: 35791

Lot Info

  • Lot Acres: 8.9810
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 391212.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 391212.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Propane On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 13, 2022
Sold by
Turman Ii Robert J
Bought by
Ruescher Family Trust
Seller's Agent
Jayson Madani
Room Real Estate
Buyer's Agent
Lorelei Mangan
eXp Realty of California Inc
List Price
$1,699,000
Sold Price
$1,550,000
Premium/Discount to List
-$149,000
-8.77%
Total Days on Market
35
Current Estimated Value
$1,439,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,239
Avg. Annual Appreciation
-2.22%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Turman Ii Robert J
Bought by
Turman Ii Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 2007
Sold by
Turman Janet Theresa
Bought by
Turman Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Gallagher Edwin William and Gallagher Kelly Rae
Bought by
Turman Ii Robert J and Turman Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
Locatelli Gemma
Bought by
Gallagher Edwin and Gallagher Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 1999
Sold by
Locatelli Gemma
Bought by
Locatelli Sabina and Locatelli Daniel

Purchase Details

Closed on
Dec 18, 1995
Sold by
Locatelli Gemma
Bought by
Locatelli Gemma

Range of Values:

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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
Ruescher Family Trust $1,550,000 First American Title
Ruescher Family Trust $1,550,000 First American Title
Turman Robert J $119 First American Title
Turman Ii Robert J -- Chicago Title Insurance Co
Turman Robert J -- First American Title Company
Turman Ii Robert J $1,040,000 First American Title Company
Gallagher Edwin $700,000 Santa Cruz Title Company
Locatelli Sabina -- --
Locatelli Gemma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turman Ii Robert J $900,000
Previous Owner Turman Ii Robert J $832,000
Previous Owner Gallagher Edwin William $535,000
Previous Owner Gallagher Edwin $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $1,550,000 -4.6% $1,020 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/06/2021 12/06/21 Price Changed $1,625,000 -4.4% $1,069 / Sq Ft
11/04/2021 11/04/21 For Sale $1,699,000 -- $1,118 / 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
2023 $18,752 $1,581,000 $1,173,000 $408,000
2022 $16,318 $1,376,536 $980,344 $396,192
2021 $16,067 $1,349,544 $961,122 $388,422
2020 $14,247 $1,230,889 $919,031 $311,858
2019 $13,830 $1,237,654 $924,081 $313,573
2018 $13,306 $1,190,051 $888,538 $301,513
2017 $12,609 $1,122,689 $838,243 $284,446
2016 $11,437 $1,011,432 $755,174 $256,258
2015 $10,323 $911,200 $680,336 $230,864
2014 $8,453 $740,813 $553,118 $187,695
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81869217

MLSListings

APN: 083-141-02-000