NOT LISTED FOR SALE

8 Arabian Way Scotts Valley, CA 95066

Estimated Value: $856,000 - $934,000

3 Beds
2 Baths
1,393 Sq Ft
$636/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $720,000 $517 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,104/month

24 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Brook Knoll Elementary School Rated A-
  • Vaulted Ceiling
  • 1-minute walk to Hocus Pocus Park

About This Home

As of March 2021

This great 3 bed, 2 bath town home home in the Scottsborough Complex is centrally located in the heart of Scotts Valley. Enjoy Scotts Valley top rated schools. Close to beaches, parks and a commuters dream location. Home features vaulted ceilings, cozy fireplace, hardwood flooring, great balcony off of living room, 1 car garage, interior laundry room, and much more! Enjoy a beautiful community pool and spa on those hot summer days! This is a great community for families of all ages!

Last Agent to Sell the Property

Lisa Whitcomb

Lisa M. Whitcomb, Broker License #01814733 Listed on: 12/10/2020

Last Buyer's Agent

Sung Ae Chun

Bay East AOR License #01023866

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,858

Year Built

  • 1985

Lot Details

  • 1,568

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Reinforced Concrete Foundation
  • Composition Roof

Interior Spaces

  • 1,393 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • 1,568 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, organized activities, pool spa or tennis, reserves, roof, security service
  • Shoreline Property Management Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,858

Year Built

1985

Lot Details

0

HOA Fees

$391 per month

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Pets - Rules
  • Age: 35
  • Listing Class: Residential
  • Structure Sq Ft: 1393
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1985

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Skylight
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Oven - Electric, Pantry, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1393
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, More Than One Primary Bedroom On Ground Floor
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Composition
  • View: Greenbelt, Neighborhood, Park
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Complex Name: Scottsborough
  • HOA Fees: 391
  • HOA Amenities: Community Pool
  • HOA Documents: Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Organized Activities, Pool, Spa, Or Tennis, Reserves, Roof, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Shoreline Property Management

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Scotts Valley Unified

Lot Info

  • Lot Acres: 0.0360
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1568.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1568.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 17, 2021
Sold by
Reeves Kirk and Reeves Shelley
Bought by
Chun Paul Y
Seller's Agent
Lisa Whitcomb
Lisa M. Whitcomb, Broker
Buyer's Agent
Sung Ae Chun
Bay East AOR
List Price
$729,000
Sold Price
$720,000
Premium/Discount to List
-$9,000
-1.23%
Total Days on Market
24
Current Estimated Value
$886,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,357
Avg. Annual Appreciation
4.48%
Original Mortgage
$647,900
Outstanding Balance
$593,845
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$273,396

Purchase Details

Closed on
Jun 14, 2017
Sold by
Reeves Kirk Alan and Reeves Shelley Lynn
Bought by
Reeves Kirk and Reeves Shelley

Purchase Details

Closed on
Mar 23, 2006
Sold by
Reeves Shelley Lynn and Whittle Shelley L
Bought by
Reeves Kirk Alan and Reeves Shelley Lynn

Purchase Details

Closed on
Sep 3, 1998
Sold by
Whittle Shelley L and Shelley Lynn
Bought by
Whittle Sheley Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Whittle Ronald G
Bought by
Whittle Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Chun Paul Y $720,000 First American Title Company
Reeves Kirk -- None Available
Reeves Kirk Alan -- Accommodation
Whittle Shelley L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Paul Y $647,900
Previous Owner Reeves Kirk Alan $262,500
Previous Owner Reeves Kirk Alan $300,000
Previous Owner Whittle Shelley Lynn $200,000
Previous Owner Whittle Shelley Lynn $207,000
Previous Owner Whittle Sheley Lynn $175,500
Previous Owner Whittle Shelley L $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $720,000 -1.2% $517 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $729,000 -- $523 / 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 $8,858 $749,088 $449,453 $299,635
2022 $8,691 $734,400 $440,640 $293,760
2021 $3,886 $291,624 $110,642 $180,982
2020 $3,828 $288,635 $109,508 $179,127
2019 $3,780 $282,974 $107,360 $175,614
2018 $3,510 $277,426 $105,255 $172,171
2017 $3,449 $271,987 $103,192 $168,795
2016 $3,294 $266,654 $101,169 $165,485
2015 $3,274 $262,648 $99,649 $162,999
2014 $3,165 $257,503 $97,697 $159,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81822861

MLSListings

APN: 021-331-05-000