NOT LISTED FOR SALE

Estimated Value: $2,405,000 - $3,241,000

5 Beds
5.5 Baths
5,175 Sq Ft
$546/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $1,900,000 $367 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $16,903/month

Highlights

  • Pool and Spa
  • 0.63 Acre Lot
  • Formal Dining Room
  • Vine Hill Elementary School Rated A-
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of March 2016

modern style, custom built in 2005. great views, privacy, pool/spa and legal 1bed/1bth guest unit.

Last Agent to Sell the Property

Cheryl Heller

David Lyng Real Estate License #01263060 Listed on: 03/21/2016

Last Buyer's Agent

Gina Carling

David Lyng Real Estate License #01480003

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,918

Year Built

  • Built in 2005

Lot Details

  • 0.63 Acre Lot
  • Zoning described as r1

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,175 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Pool and Spa
  • Gunite Pool

Additional Features

  • 800 SF Accessory Dwelling Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 023-131-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,918

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 11
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 800
  • Structure Sq Ft: 5175
  • Year Built: 2005
  • Zoning Description: r1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Bar, Formal Dining Room
  • Living Sq Ft: 5175
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Gunite, Pool / Spa Combo
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Scotts Valley Unified

Lot Info

  • Parcel Number: 023-131-07
  • Lot Acres: 0.6290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27399.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27399.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Scotts Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Mar 7, 2016
Sold by
King Kenneth K and King Gail M
Bought by
The King Revocable Living Trust
Seller's Agent
Cheryl Heller
David Lyng Real Estate
Buyer's Agent
Gina Carling
David Lyng Real Estate
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Current Estimated Value
$2,827,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,032
Avg. Annual Appreciation
4.22%
Original Mortgage
$1,500,000
Outstanding Balance
$1,192,738
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,634,294

Purchase Details

Closed on
Sep 4, 2002
Sold by
Knipfer Donald Frank and Knipfer Cynthia Elene
Bought by
Gerig Don R

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
5.37%
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
The King Revocable Living Trust -- First American Title Company
King Kenneth K $1,900,000 First American Title Company
Gerig Don R $750,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Kenneth K $1,500,000
Previous Owner Gerig Don R $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $1,900,000 -4.8% $367 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,995,000 -- $386 / 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 $24,918 $2,249,216 $769,469 $1,479,747
2023 $24,496 $2,161,876 $739,589 $1,422,287
2022 $24,076 $2,119,486 $725,087 $1,394,399
2021 $23,646 $2,077,928 $710,870 $1,367,058
2020 $23,417 $2,056,621 $703,581 $1,353,040
2019 $23,076 $2,016,295 $689,785 $1,326,510
2018 $22,105 $1,976,760 $676,260 $1,300,500
2017 $21,961 $1,938,000 $663,000 $1,275,000
2016 $17,866 $1,607,381 $570,233 $1,037,148
2015 $16,670 $1,463,857 $541,968 $921,889
2014 $14,600 $1,347,334 $563,650 $783,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81566247

MLSListings

APN: 023-131-07-000