$342,000
SOLD MAR 2, 2020
2 Beds
1 Bath
799 Sq Ft
$285/mo HOA Fee

Recently Sold

$428 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Corner Lot
  • Mission Hill Middle School Rated A-
  • Clubhouse
  • Granite Countertops

About This Home

As of March 2020

Ground-level, Measure J condo near the beach! Great location near Schwan Lake and Twin Lakes Beach! Unit has been remodeled in past few years including new cabinets, granite counters, appliances, flooring, etc. Brand new carpeting in bedrooms. Private patio area has been recently extended. Low HOA dues ($285/mo) include water, gas, & trash. Huge greenbelt/BBQ area behind building. Complex also has a pool and gym. This is a Measure J unit for 1st time home buyers only. Price is nearly $200k less than market rate condos in complex. Must be primary residence, cannot be rental or vacation home. Buyers must currently live or work full time in county. Buyers must make less than the income limits: 2 people $94,100, 3 people $105,850, 4 people $117,600, 5 people $127,000. New Measure J guidelines state that a single person or couple without children will not qualify for a 2 bedroom unit since all bedrooms need to be occupied.

Last Agent to Sell the Property

Zack Silva

Silva Properties License #01331098 Listed on: 01/03/2020

Last Buyer's Agent

Nick Torres

Sherman & Boone Realtors License #01719985

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,222

Year Built

  • 1973

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 799 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

Overview

  • Association fees include garbage, gas, hot water, landscaping / gardening, unit coverage insurance, water
  • 128 Units
  • Swan Lake Gardens/King Management Association

Amenities

  • Clubhouse
  • Coin Laundry

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,222

Year Built

1973

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Zoning: RM2.5
  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 47
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 16
  • Min Numberof Unitsin Complex: 128
  • Structure Sq Ft: 799
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 799
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Granite, Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Harbor Walk at Swan Lake
  • HOA Fees: 285
  • HOA Amenities: Bbq Area, Club House, Community Pool, Gym / Exercise Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Gas, Hot Water, Landscaping / Gardening, Unit Coverage Insurance, Water
  • HOA Exist: Yes
  • H O A Name Text: Swan Lake Gardens/King Management

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 741.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 741.00

Multi Family

  • Utilities: Individual Electric Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit, Other Unit Above

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 27, 2020
Sold by
Furtado Patrick
Bought by
Saia Hicks Kaitlyn N and Gonzalez Edgar E
Seller's Agent
Zack Silva
Silva Properties
Buyer's Agent
Nick Torres
Sherman & Boone Realtors
List Price
$356,619
Sold Price
$342,000
Premium/Discount to List
-$14,619
-4.1%
Current Estimated Value
$589,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,578
Avg. Annual Appreciation
10.07%
Original Mortgage
$327,350
Outstanding Balance
$293,519
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$280,189

Purchase Details

Closed on
Feb 22, 2016
Sold by
County Of Santa Cruz Planning Dept
Bought by
Furtado Patrick

Purchase Details

Listed on
May 13, 2014
Closed on
Aug 25, 2014
Sold by
Patterson Robert M and Patterson Julia K
Bought by
County Of Santa Cruz Planning Department
Seller's Agent
Zack Silva
Silva Properties
Buyer's Agent
Zack Silva
Silva Properties
List Price
$175,800
Sold Price
$175,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Swan Lake Condominiums Llc
Bought by
Patterson Robert M and Patterson Julia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,310
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $342,000 First American Title Company
Grant Deed $270,000 Old Republic Title Company
Grant Deed $176,000 Old Republic Title Company
Grant Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $327,350 New Conventional
Closed $0 Unknown
Previous Owner $234,310 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $342,000 -4.1% $428 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $356,619 +102.9% $446 / Sq Ft
09/03/2014 09/03/14 Sold $175,800 0.0% $220 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $175,800 -- $220 / 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
2023 $5,222 $359,503 $201,826 $157,677
2022 $5,081 $352,454 $197,869 $154,585
2021 $4,846 $345,543 $193,989 $151,554
2020 $4,320 $292,256 $178,601 $113,655
2019 $4,230 $286,526 $175,099 $111,427
2018 $4,025 $280,908 $171,666 $109,242
2017 $3,939 $275,400 $168,300 $107,100
2016 $676 $0 $0 $0
2015 $610 $0 $0 $0
2014 $3,323 $221,430 $140,269 $81,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81778106

MLSListings

APN: 027-391-59-000