NOT LISTED FOR SALE

Estimated Value: $2,246,000 - $2,907,000

3 Beds
2 Baths
1,944 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $1,650,000 $849 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $16,500/month

3 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Wood Flooring
  • Ocean View
  • Deck
  • Tennis Courts

About This Home

As of May 2017

Exceptional panoramic ocean views!! As soon as you walk into this well-appointed home with huge floor-to-ceiling windows, you feel like you are on top of the ocean. Upon arrival you'll want to do nothing more than un-plug, relax and enjoy the private and serene beaches the same way Steve Jobs and his top producers once did at Pajaro Dunes. Enjoy waves crashing, whale watching, dolphins jumping, and gorgeous sunsets from the comfort of your favorite chair. Or walk out the front door and your toes are in the sand within seconds. Large master suite with walk-in closet has incredible ocean views as well. Enjoy this home as a full-time residence or use it part-time while earning extra income as a vacation rental. This home is booked year-round, gets very good nightly rates, and is selling completely furnished. So much care and attention has been put into this well-kept home... you will not be disappointed.

Last Agent to Sell the Property

Mackenzie Harder

Stork Realty Group License #01499510 Listed on: 04/25/2017

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,837

Year Built

  • 1969

Lot Details

  • 7,841 Sq Ft Lot

Property Views

  • Ocean
  • Panoramic

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • Guest Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Separate Meters
  • Propane

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, management fee, reserves
  • Pajaro Association

Amenities

  • Trash Chute
  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,837

Year Built

1969

Lot Details

0

Listing Details

  • Zoning: SU
  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 48
  • Listing Class: Residential
  • Structure Sq Ft: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Dining Area In Family Room
  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1944
  • Stories: 1
  • Laundry: Hookup - Electric, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower And Tub, Stall Shower, Tile

Exterior Features

  • Roof: Flat / Low Pitch
  • View: Ocean, Panoramic, Water
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Unassigned Spaces

Utilities

  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Pajaro Dunes
  • HOA Fees: 359
  • HOA Amenities: Beach Rights, Club House, Tennis Court / Facility, Trash Chute
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Pajaro

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2018
Sold by
Ferrari David and Ferrari Carol
Bought by
Ferrari David M and Ferrari Carol
Current Estimated Value
$2,537,544

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 25, 2017
Sold by
Sullivan Molly and Sullivan Molly Sullivan
Bought by
Ferrari David and Ferrari Carol
Seller's Agent
Mackenzie Harder
Stork Realty Group
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$700,000
Outstanding Balance
$584,595
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,040,119

Purchase Details

Closed on
Dec 15, 2010
Sold by
Divine Steve and Judy Richardson Living Trust
Bought by
Sullivan Molly and Sullivan Molly Sullivan

Purchase Details

Closed on
Mar 10, 2008
Sold by
Divine Steven J and Richardson Judy Anne
Bought by
Richardson Judy and Judy Richardson Living Trust

Purchase Details

Closed on
Aug 8, 2001
Sold by
Divine Philmore G and Divine Family Trust Of 1992
Bought by
Divine Philmore G and Divine Family Trust Of 1992

Purchase Details

Closed on
Mar 10, 1999
Sold by
Grieco Dominick A and Grieco June E
Bought by
Divine Philmore G and Divine Laverne M

Purchase Details

Closed on
Dec 18, 1997
Sold by
Kniss Richard and Kniss Elizabeth
Bought by
Grieco Dominick A and Grieco June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1996
Sold by
Kniss Richard and Kniss Elizabeth
Bought by
Kniss Richard David and Kniss Elizabeth Hayden
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
Ferrari David M -- Chicago Title Insurance Comp
Ferrari David $1,650,000 Stewart Title Of Ca Inc
Sullivan Molly -- None Available
Richardson Judy -- None Available
Divine Philmore G -- --
Divine Philmore G $845,000 Santa Cruz Title Company
Grieco Dominick A $390,000 Santa Cruz Title Company
Grieco Dominick A $195,000 Santa Cruz Title Company
Kniss Richard David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari David M $350,000
Open Ferrari David $700,000
Previous Owner Grieco Dominick A $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $1,650,000 -17.3% $849 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $1,995,000 -- $1,026 / 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 $29,837 $1,914,967 $1,531,974 $382,993
2023 $22,891 $1,840,606 $1,472,485 $368,121
2022 $22,577 $1,804,516 $1,443,613 $360,903
2021 $23,704 $1,769,134 $1,415,307 $353,827
2020 $24,077 $1,750,994 $1,400,795 $350,199
2019 $22,915 $1,716,660 $1,373,328 $343,332
2018 $22,355 $1,683,000 $1,346,400 $336,600
2017 $15,101 $1,141,440 $860,472 $280,968
2016 $15,112 $1,119,058 $843,600 $275,458
2015 $15,149 $1,102,248 $830,928 $271,320
2014 $14,869 $1,080,658 $814,652 $266,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81648407

MLSListings

APN: 052-321-06-000