$1,149,000
$951K PRICE DROP

Estimated payment $7,138/month

Total Views 17,582
0.19 Acre
$6,079,365 Price per Acre
8,233 Sq Ft Lot

About This Lot

A tremendous opportunity! Planning and Building Permit requirements have been completed for a three-story 6 unit project (4 two bedrooms with two baths and 2 one bedroom with study). Each two bedroom unit is 1450SF and each one bedroom unit is 1100SF. There is ground floor covered parking with 2 EV charging spaces and 1 handicap space. Overhead storage lockers are provided in the parking area. Due to recent code changes, one could easily modify the project plans to include natural gas and eliminate the parking and add 2 additional ADU units increasing the total units to 8. There are enclosed stairwells located at the East and West ends of the structure plus an enclosed elevator planned from the parking area to the roof deck. There is a landscaped deck on the roof that's approx 2400SF. The project is a stylish modern design and meets all code requirements for new construction and includes solar installation. This is a rare opportunity for an approved development project in the Seabright area located on the East Side of Santa Cruz City close to the Ocean, Twin Lakes Beach, Harbor, Municipal Wharf and Boardwalk Amusement Park as well as restaurants, shopping, coffee, grocery stores, post office, public library and abundant public transportation in close proximity.

Listing Agent

MaryBeth McLaughlin

Room Real Estate License #01466579 Listed on: 05/15/2024

Room Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,360

Lot Details

  • 8,233 Sq Ft Lot
  • Level Lot

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$9,360

Lot Details

0

Listing Details

  • Zoning: R-M
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Approved Building Plan, Building Permits Issued, Have Building Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer Available

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8233.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8233.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Map

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

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 $9,360 $836,640 $752,976 $83,664
2023 $9,248 $804,152 $723,736 $80,416
2022 $9,144 $788,384 $709,546 $78,838
2021 $8,955 $772,924 $695,632 $77,292
2020 $8,885 $765,000 $688,500 $76,500
2019 $1,029 $55,625 $36,145 $19,480
2018 $1,021 $54,535 $35,437 $19,098
2017 $1,012 $53,465 $34,742 $18,723
2016 $977 $52,417 $34,061 $18,356
2015 $850 $51,629 $33,549 $18,080
2014 $840 $50,618 $32,892 $17,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $1,149,000 0.0% --
06/21/2025 06/21/25 Price Changed $1,149,000 -14.8% $1,578 / Sq Ft
11/16/2024 11/16/24 Price Changed $1,349,000 0.0% --
11/16/2024 11/16/24 Price Changed $1,349,000 -10.0% $1,853 / Sq Ft
10/16/2024 10/16/24 Price Changed $1,499,000 0.0% --
10/15/2024 10/15/24 Price Changed $1,499,000 -11.8% $2,059 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,699,000 0.0% --
09/26/2024 09/26/24 Price Changed $1,699,000 -5.6% $2,334 / Sq Ft
08/30/2024 08/30/24 For Sale $1,799,000 0.0% $2,471 / Sq Ft
08/21/2024 08/21/24 Price Changed $1,799,000 -14.3% --
05/15/2024 05/15/24 For Sale $2,100,000 -- --
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $750,000 Old Republic Title Company
Interfamily Deed Transfer -- Santa Cruz Title Company
Interfamily Deed Transfer -- Santa Cruz Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,800 New Conventional
Previous Owner $343,000 New Conventional
Previous Owner $110,000 No Value Available
Previous Owner $129,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML81965791

MLSListings

APN: 011-012-04-000