NOT LISTED FOR SALE

7065 Oak Ridge Rd Aptos, CA 95003

Estimated Value: $732,000 - $1,078,000

-- Bed
2 Baths
1,200 Sq Ft
$715/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $400,000 $333 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,038/month

223 Days on Market

Highlights

  • Open to Family Room
  • Dining Area
  • Lot Sloped Up
  • Aptos High School Rated A-

About This Home

As of March 2017

These beautiful 2 parcels sit on a sunny South facing slope just about 10 minutes to Aptos, Soquel and Capitola. The adjacent .73 Acre parcel (040-051-26) is also included in the sale and together they total 2.01 Acres. There are 2 "studio" structures (unwarranted) on the property. This improved parcel also includes a septic system, working well with newer storage tank and paved road to structures on property. Parcel 040-051-26 is also approved for an additional septic system; per County, buyer to verify. This property has it all. Build your dream home, possible lot split, enjoy as-is? The privacy, beauty and possibility of these 2 parcels make it a very attractive option for all buyers. Owner may consider some Seller Financing.

Last Agent to Sell the Property

Nick Marini

Christie's International Real Estate Sereno License #01357188 Listed on: 07/06/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Marc Prefontaine

Coldwell Banker Realty License #01962372

Coldwell Banker Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,385

Year Built

  • Built in 1972

Lot Details

  • 1.28 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Up
  • Hillside Location
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,200 Sq Ft Home
  • Dining Area
  • Open to Family Room

Additional Homes

  • 600 SF Accessory Dwelling Unit

Utilities

  • Heating System Uses Propane
  • Separate Meters
  • Propane
  • Water Storage
  • Well
  • Septic Tank
  • Private Sewer

Community Details

Listing and Financial Details

  • Assessor Parcel Number 040-051-28-000

Property Details

Property Type

Other

Est. Annual Taxes

$4,385

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Age: 44
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 600
  • Structure Sq Ft: 1200
  • Year Built: 1972
  • Zoning Description: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 1200
  • Full Bathrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition, Tar and Gravel

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Propane
  • Sewer/Septic System: Existing Septic, Septic Connected, Sewer - Private

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Additional Land Available, Corners Marked, Grade - Gently Sloped, Grade - Hillside, Grade - Sloped Up, Possible Lot Split, Surveyed
  • Parcel Number: 040-051-28-000
  • Lot Acres: 1.2770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 55626.12
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 55626.12

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site
  • Second Unit Description: studio

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Mar 15, 2017
Sold by
Stout Ann K
Bought by
Merritt Jaime A and Worrell Merritt Natasha L
Seller's Agent
Nick Marini
Christie's International Real Estate Sereno
Buyer's Agent
Marc Prefontaine
Coldwell Banker Realty
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Current Estimated Value
$857,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,743
Avg. Annual Appreciation
9.46%
Original Mortgage
$200,000
Outstanding Balance
$166,734
Interest Rate
4.19%
Mortgage Type
Seller Take Back
Estimated Equity
$691,009

Purchase Details

Closed on
Aug 12, 2015
Sold by
Stout Ann K
Bought by
Stout Ann K

Purchase Details

Closed on
Sep 13, 1995
Sold by
Stout Deming and Stout Ann K
Bought by
Stout Deming E and Stout Ann K
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
Merritt Jaime A $400,000 First American Title Company
Stout Ann K -- None Available
Stout Deming E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Jaime A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $400,000 -10.9% $333 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $449,000 +12.3% $374 / Sq Ft
11/07/2016 11/07/16 Off Market $400,000 -- --
09/27/2016 09/27/16 Price Changed $449,000 -10.0% $374 / Sq Ft
08/24/2016 08/24/16 Price Changed $499,000 -9.1% $416 / Sq Ft
07/06/2016 07/06/16 For Sale $549,000 -- $458 / 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 $4,385 $406,205 $359,782 $46,423
2023 $4,332 $390,432 $345,811 $44,621
2022 $4,260 $382,776 $339,030 $43,746
2021 $4,195 $375,271 $332,383 $42,888
2020 $4,233 $371,422 $328,974 $42,448
2019 $4,015 $364,140 $322,524 $41,616
2018 $3,914 $357,000 $316,200 $40,800
2017 $1,929 $171,207 $150,599 $20,608
2016 $1,879 $167,850 $147,646 $20,204
2015 $1,876 $165,328 $145,428 $19,900
2014 $1,828 $162,090 $142,580 $19,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81593852

MLSListings

APN: 040-051-28-000