NOT LISTED FOR SALE

801 Pacific Ave Santa Cruz, CA 95060

Downtown Santa Cruz Neighborhood

Estimated Value: $1,347,380

0.12 Acre
$10,954,309 Price per Acre
5,358 Sq Ft Lot

Last Sold April 04, 2024

Last sale price $1,400,000 $179 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,528/month

66 Days on Market

About This Lot

As of April 2024

One of a kind, prime Hard Corner location on the Pacific Garden Mall. Offering a rare 50+ sqft of street frontage on Pacific Ave, the main commercial and retail street in Santa Cruz, plus an additional 100 sqft frontage on Laurel Street. Located directly across the street from Anton Pacific Apartments, which will offer 200+ Luxury units, leasing 2024. Potential for both spaces to be leased or redeveloped. Pacific Ave retail space is vacant, existing Taqueria on Laurel St is month-month.

Last Agent to Sell the Property

Aimee and Angel Garcia

Montalvo Homes & Estates License #01846533 Listed on: 01/08/2024

Co-Listed By

Derek Timm

Montalvo Homes & Estates License #01386067

Last Buyer's Agent

Oscar Gutierrez

Bailey Properties License #01446932

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,397

Lot Details

  • 5,358 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,397

Lot Details

0

Listing Details

  • Zoning: CBD
  • Subclass: Comm. Land Retail
  • Listing Class: Commercial Lots & Land
  • Present Use: Food Service, Mixed, Retail, Vacant
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5358.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5358.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Cruz City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 29, 2024
Sold by
Locatelli Properties Ii Llc
Bought by
Gutierrez Family Trust and Gutierrez
Seller's Agent
Aimee and Angel Garcia
Montalvo Homes & Estates
Buyer's Agent
Oscar Gutierrez
Bailey Properties
List Price
$1,699,500
Sold Price
$1,400,000
Premium/Discount to List
-$299,500
-17.62%
Views
57
Current Estimated Value
$1,347,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,620
Avg. Annual Appreciation
-2.72%
Original Mortgage
$330,000
Outstanding Balance
$325,691
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$1,021,689

Purchase Details

Closed on
Apr 15, 2022
Sold by
Locatelli Properties Iii Llc
Bought by
Locatelli Properties Ii Llc

Purchase Details

Closed on
Dec 17, 2003
Sold by
Locatelli Properties Ii Llc
Bought by
Locatelli Properties Iii Llc

Purchase Details

Closed on
Jul 3, 2003
Sold by
Sutton Danette L and Reynolds Terry
Bought by
Locatelli Properties Ii Llc

Purchase Details

Closed on
Apr 29, 2003
Sold by
Locatelli John C and Locatelli Gina
Bought by
Sutton Danette L and Reynolds Terry

Purchase Details

Closed on
Mar 16, 1999
Sold by
Sutton La Verne G
Bought by
Sutton La Verne Gladys and La Verne Gladys Sutton Trust

Purchase Details

Closed on
Aug 11, 1998
Sold by
Locatelli John C and Locatelli Gina
Bought by
Sutton La Verna

Purchase Details

Closed on
May 11, 1998
Sold by
Sutton Richard L and Sutton La Verne
Bought by
Sutton Laverne Gladys and Locatelli John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.07%
Mortgage Type
Commercial
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
Gutierrez Family Trust $1,400,000 Stewart Title
Locatelli Properties Ii Llc -- Law Office Of Emily J Buchbind
Locatelli Properties Iii Llc -- --
Locatelli Properties Ii Llc $564,000 Santa Cruz Title Company
Sutton Danette L -- --
Sutton La Verne Gladys -- --
Sutton La Verna -- Santa Cruz Title Company
Sutton Laverne Gladys $85,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Family Trust $330,000
Open Gutierrez Family Trust $570,000
Previous Owner Sutton Laverne Gladys $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $1,400,000 -17.6% $179 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,699,500 -- $218 / 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 $2,397 $1,428,000 $1,326,000 $102,000
2023 $2,375 $155,439 $83,569 $71,870
2022 $2,355 $152,391 $81,931 $70,460
2021 $2,318 $149,403 $80,324 $69,079
2020 $2,305 $147,871 $79,501 $68,370
2019 $2,253 $144,972 $77,942 $67,030
2018 $2,234 $142,130 $76,414 $65,716
2017 $2,212 $139,343 $74,915 $64,428
2016 $2,122 $136,611 $73,446 $63,165
2015 $1,950 $134,559 $72,343 $62,216
2014 $1,925 $131,923 $70,926 $60,997
Source: Public Records

Agents Affiliated with this Home

  • Aimee and Angel Garcia

    Seller's Agent in 2024

    Aimee and Angel Garcia

    Montalvo Homes & Estates

    (831) 435-9146

    4 in this area

    70 Total Sales

    Aimee and Angel Garcia
    Section Image
  • Derek Timm

    Seller Co-Listing Agent in 2024

    Derek Timm

    Montalvo Homes & Estates

    (831) 239-9203

    5 in this area

    41 Total Sales

    Derek Timm
    Section Image
  • Oscar Gutierrez

    Buyer's Agent in 2024

    Oscar Gutierrez

    Bailey Properties

    (831) 421-2424

    4 in this area

    59 Total Sales

    Oscar Gutierrez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81950804

MLSListings

APN: 005-145-12-000

California Santa Cruz County Santa Cruz 95060 Downtown Santa Cruz

801 Pacific Ave, Santa Cruz, CA

This home is located at 801 Pacific Ave, Santa Cruz, CA 95060 since 08 January 2024 and is currently estimated at $1,347,380, approximately $172 per square foot. 801 Pacific Ave is a home located in Santa Cruz County with nearby schools including Westlake Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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