NOT LISTED FOR SALE

73 La Cima Ln Mount Madonna, CA 95076

Estimated Value: $1,263,000 - $2,429,000

1.02 Acres
$1,826,606 Price per Acre
44,605 Sq Ft Lot

Last Sold August 30, 2017

Last sale price $315,000

Est. 488% increase in value since last sale

Current estimated payment $11,292/month

8 Days on Market

About This Lot

As of August 2017

TRULY A RARE OPPORTUNITY! One acre homesite located in a well established Planned Unit Development within a mile of the world renowned Mt Madonna School and Conference Center. Just a 20 minute commute to Gilroy or Hwy 1 and onto Monterey or Santa Cruz. This site Includes a 1/6th share in the 124+/- acre community common area. All underground utilities including electric, water and internet hookups available next to the lot boundary. Enjoy the beautiful Community vistas looking over the Watsonville area and beyond to the expansive ocean views of Monterey and Santa Cruz. There are four existing custom homes within the community with well maintained paved roads to each homesite including this one. Property comes with lucrative community timber rights. Property can be used as full time residence or weekend getaway.

Last Agent to Sell the Property

Norman Turner

Bailey Properties License #01335484 Listed on: 06/06/2017

Last Buyer's Agent

Karen Cosentino

Blackhorse Real Estate License #01001367

Blackhorse Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,856

Lot Details

  • 1.02 Acre Lot
  • Mostly Level

Property Views

  • Forest Views

Utilities

  • Water Storage
  • Well

Community Details

Overview

  • Association fees include maintenance - road, water
  • Lacima HOA
  • Planned Unit Development

Security

  • Gated Community

Recreation

  • Electricity Less than 500 Feet Away

Property Details

Property Type

Land

Est. Annual Taxes

$13,856

Lot Details

0

Listing Details

  • Zoning: TP-O
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Planned Unit Development, Residential
  • Development Status: Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Maintenance - Road, Water
  • HOA Exist: Yes
  • H O A Name Text: LaCima HOA

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 1.0240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44605.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44605.00
  • Parcel Access: Paved Road, Private Road, Private Road - Maint. Access

Multi Family

  • Utilities: Electricity - Less Than 500 Feet Away

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Staley Jason D and Staley Melissa A
Bought by
Staley Jason D and Staley Melissa A
Total Days on Market
8
Current Estimated Value
$1,851,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$221,076
Interest Rate
2.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,649,369

Purchase Details

Closed on
Jul 21, 2021
Sold by
Staley Jason D and Staley Melissa A
Bought by
Staley Jason D and Staley Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$221,076
Interest Rate
2.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,649,369

Purchase Details

Closed on
Mar 24, 2021
Sold by
Staley Jason D and Staley Melissa A
Bought by
Staley Jason B and Staley Melissa A

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 23, 2017
Sold by
Ginsburg Paul M and Ginsburg Marcia H
Bought by
Staley Jason and Staley Melissa
Seller's Agent
Norman Turner
Bailey Properties
Buyer's Agent
Karen Cosentino
Blackhorse Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.15%
Original Mortgage
$215,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 4, 2017
Sold by
Ginsburg Paul M and Ginsburg Marcia H
Bought by
Ginsburg Paul M and Ginsburg Marsha H
Seller's Agent
Norman Turner
Bailey Properties
Buyer's Agent
Karen Cosentino
Blackhorse Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2013
Sold by
Hendry Connie R
Bought by
Hendry Connie R

Purchase Details

Closed on
Aug 3, 2005
Sold by
Hendry Connie R
Bought by
Hendry Connie R

Purchase Details

Closed on
Jun 27, 2002
Sold by
Hendry Richard A and Hendry Connie R
Bought by
Hendry Richard A and Hendry Connie R
Source: Public Records

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
Staley Jason D -- Chicago Title Company
Staley Jason D -- Chicago Title Company
Staley Jason B -- None Available
Staley Jason D -- None Available
Staley Jason $315,000 Old Republic Title Company
Ginsburg Paul M -- None Available
Hendry Connie R -- None Available
Hendry Connie R -- None Available
Hendry Connie R -- --
Hendry Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staley Jason D $250,000
Closed Staley Jason $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $315,000 -3.1% --
06/14/2017 06/14/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $325,000 -- --
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 $13,856 $1,264,629 $401,714 $862,915
2023 $13,332 $1,215,522 $386,115 $829,407
2022 $13,093 $1,191,688 $378,544 $813,144
2021 $10,324 $936,621 $331,121 $605,500
2020 $4,656 $418,426 $327,726 $90,700
2019 $3,553 $321,300 $321,300 $0
2018 $3,464 $315,000 $315,000 $0
2017 $469 $37,346 $37,346 $0
2016 $458 $36,614 $36,614 $0
2015 $457 $36,064 $36,064 $0
2014 $448 $35,358 $35,358 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81654685

MLSListings

APN: 106-281-14-000