$980,000
SOLD MAY 9, 2025

7241 Lotus Way Aptos, CA 95003

3 Beds
2 Baths
1,499 Sq Ft
$400/mo HOA Fee

Recently Sold

$654 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • High Ceiling
  • Aptos High School Rated A-
  • End Unit
  • Neighborhood Views

About This Home

As of May 2025

Three-bedroom, two-bath townhouse is located in a desirable Aptos location. Two bedrooms, full bath, dining room, kitchen, and laundry are on the ground level. This unit offers high ceilings and a functional layout. The step-down living room has a fireplace and a slider to a very spacious wrap-around backyard. The ensuite is located upstairs, with a generous walk-in closet and sitting area. This gem is conveniently located near beaches, shopping, a farmer's market, Cabrillo College, and restaurants. The detached 2-car garage provides ample storage and parking.

Last Agent to Sell the Property

Jackie Heath

Jacqueline M Heath, Broker License #01435737 Listed on: 04/04/2025

Last Buyer's Agent

Eli Karon

Karon Properties License #01732369

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1985

Lot Details

  • 1,960 Sq Ft Lot
  • End Unit
  • South Facing Home
  • Back Yard Fenced

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,499 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Separate Family Room
  • Dining Area
  • Neighborhood Views
  • Crawl Space
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 039-401-08-000

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, roof
  • 30 Units
  • Cabrillo Meadows HOA
  • Built by Cabrillo Meadows HOA

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,781

Year Built

Built in 1985

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Age: 40
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 30
  • Structure Sq Ft: 1499
  • Complex Name: Cabrillo Meadows HOA
  • Year Built: 1985
  • Zoning Description: RM-4
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1499
  • Stories: 2
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Showers over Tubs - 2+, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Raised
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard
  • Fencing: Fenced Back
  • Property Faces: South

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Common Parking Area, Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Documents: Bylaws, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Roof
  • H O A Name Text: Cabrillo Meadows HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Pajaro Valley Unified
  • Elementary School: Mar Vista Elementary
  • High School: Aptos High
  • High School: 826
  • Elementary School: 812

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 039-401-08-000
  • Lot Acres: 0.0450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1960.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1960.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit, Tri Level Unit, Bi/Split Level Unit

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Mar Vista Elementary
  • High School Text: Aptos High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 2, 2025
Sold by
Dolores Feci Revocable Living Trust and Bice Janet M
Bought by
Knutson Family 2002 Living Trust and Knutson
Seller's Agent
Jackie Heath
Jacqueline M Heath, Broker
Buyer's Agent
Eli Karon
Karon Properties
List Price
$939,000
Sold Price
$980,000
Premium/Discount to List
$41,000
4.37%
Views
8
Current Estimated Value
$959,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,965
Avg. Annual Appreciation
-4.69%
Original Mortgage
$784,000
Outstanding Balance
$781,142
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$177,893

Purchase Details

Closed on
Feb 4, 2013
Sold by
Feci Dolores D
Bought by
Feci Dolores and The Dolores Feci Revocable Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1996
Sold by
Ramos Margie L
Bought by
Feci Dolores

Purchase Details

Closed on
Jul 31, 1995
Sold by
Fortier Nancy A and Fortier Phillip J
Bought by
Ramos Margie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Interest Rate
7.61%
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 Type Sale Price Title Company
Grant Deed $980,000 Old Republic Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $209,000 Old Republic Title Company
Grant Deed $209,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $784,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $198,550 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $980,000 +4.4% $654 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $939,000 -- $626 / 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 $4,781 $340,400 $162,873 $177,527
2023 $4,651 $327,182 $156,548 $170,634
2022 $4,527 $320,767 $153,479 $167,288
2021 $4,312 $314,477 $150,469 $164,008
2020 $4,230 $311,253 $148,927 $162,326
2019 $4,153 $305,149 $146,006 $159,143
2018 $4,033 $299,167 $143,144 $156,023
2017 $3,985 $293,301 $140,337 $152,964
2016 $3,872 $287,550 $137,585 $149,965
2015 $3,799 $283,230 $135,518 $147,712
2014 $3,703 $277,682 $132,863 $144,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82001142

MLSListings

APN: 039-401-08-000