NOT LISTED FOR SALE

940 Wallace Ave Aptos, CA 95003

Estimated Value: $1,265,000 - $1,852,112

4 Beds
3 Baths
2,790 Sq Ft
$562/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $825,000 $296 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,301/month

70 Days on Market

Highlights

  • View of Hills
  • Deck
  • Vaulted Ceiling
  • Aptos High School Rated A-
  • Contemporary Architecture
  • Solid Surface Bathroom Countertops

About This Home

As of July 2017

The best value in Aptos! Spacious home to accomodate large gatherings & everyday living.Large,light filled living room w/ high ceilings, an abundance of windows corner fireplace & easy access to the sun filled deck & back yard. Entertaining is a breeze with the big kitchen & dining area that flow to create a great room effect. The living spaces are tied together w/ beautiful new laminate flooring. On this level you will find, the private master suite with walk in closet, two additional bedrooms & a cheery hall bath. Downstairs features an expansive family room that opens to the lower deck, another huge bedroom, bath & an office or bonus room & entry to the oversized two car garage. The large deck and back yard are the perfect spots to relax , entertain friends and enjoy the view. A charming garden with picturesque gazebo & swing provides a hidden sanctuary to enjoy morning coffee or relax after a long day. Minutes to beaches, shopping, popular restaurants & easy freeway access!

Last Agent to Sell the Property

Diane Molnar

David Lyng Real Estate License #01053522 Listed on: 04/14/2017

David Lyng Real Estate

Last Buyer's Agent

Kathleen Davis

Coldwell Banker Realty License #01729530

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1979

Lot Details

  • 0.5 Acre Lot
  • Hillside Location

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Forest

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,790 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Separate Family Room
  • Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Deck
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1-20
  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2790
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Living Sq Ft: 2790
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Office Area
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower And Tub, Solid Surface, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Forest / Woods, Hills
  • Yard/Grounds: Deck
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Hillside
  • Lot Acres: 0.5010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21824.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21824.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Hand Jacob A and Hand Nichole L
Bought by
Hand Jacob A and Hand Nichole L
Current Estimated Value
$1,404,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Outstanding Balance
$562,669
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,004,860

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 24, 2017
Sold by
Abarbanel Andrew Michael and Andrew Abarbanel Trust
Bought by
Hand Jacob A and Hand Nicole L
Seller's Agent
Diane Molnar
David Lyng Real Estate
Buyer's Agent
Kathleen Davis
Coldwell Banker Realty
List Price
$929,000
Sold Price
$825,000
Premium/Discount to List
-$104,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$660,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Abarbanel Andrew M
Bought by
Abarbanel Andrew Michael and Andrew Abarbanel Trust

Purchase Details

Closed on
Apr 22, 1998
Sold by
Killam Roy D
Bought by
Abarbanel Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.15%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hand Jacob A -- Orange Coast Tiitle
Hand Jacob A $825,000 First American Title Company
Abarbanel Andrew Michael -- None Available
Abarbanel Andrew M $187,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand Jacob A $632,000
Closed Hand Jacob A $660,000
Previous Owner Abarbanel Andrew M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $825,000 -2.8% $296 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $849,000 -2.3% $304 / Sq Ft
05/24/2017 05/24/17 Price Changed $869,000 -3.3% $311 / Sq Ft
05/02/2017 05/02/17 Price Changed $899,000 -3.2% $322 / Sq Ft
05/01/2017 05/01/17 For Sale $929,000 0.0% $333 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $929,000 -- $333 / 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 $11,333 $938,709 $512,023 $426,686
2023 $11,099 $902,258 $492,141 $410,117
2022 $10,860 $884,567 $482,491 $402,076
2021 $10,541 $867,222 $473,030 $394,192
2020 $10,366 $858,330 $468,180 $390,150
2019 $10,182 $841,500 $459,000 $382,500
2018 $6,680 $526,261 $280,673 $245,588
2017 $6,614 $515,940 $275,168 $240,772
2016 $6,454 $505,824 $269,773 $236,051
2015 $6,375 $498,226 $265,721 $232,505
2014 $6,222 $488,467 $260,516 $227,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646808

MLSListings

APN: 041-232-32-000