NOT LISTED FOR SALE

998 Via Malibu Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $2,814,000 - $3,880,000

3 Beds
2 Baths
2,217 Sq Ft
$1,534/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $2,700,000 $1,218 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $20,719/month

About This Home

Feast your eyes on the exquisite, sprawling ocean views from this newly renovated 3-Bedroom, 2-Bath home located in the highly desirable Seascape Beach Estates neighborhood. The 2,217 square foot home is built around a private and enchanting courtyard sanctuary on a 9,191 square foot lot. Floor to ceiling windows and sliding glass doors open to vistas of endless cream-colored beaches and shimmering waters stretching from Santa Cruz to Monterey. Bosch kitchen appliances, African granite countertops, Grohe faucets, Toto toilets, all new plumbing and electrical, newly landscaped courtyard, a step down living room with wood-burning fireplace, and impeccable appointments and high end finishes were hand selected to look and feel luxurious, but not pretentious. The property is just steps from the sand. This is a rare opportunity to own a property of this sophistication in one of the most sought after communities on the Northern Coast. Find yourself in your new home or weekend getaway!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Mar 28, 2018
Sold by
Ressler Nonie and Ressler Brian
Bought by
Erk Kaya and Erk Margaret
Seller's Agent
Shanne Carvalho
Christie's International Real Estate Sereno
Buyer's Agent
Marcus Vidrine
David Lyng Real Estate
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$3,401,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,653
Avg. Annual Appreciation
2.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,717,562
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,684,091

Purchase Details

Listed on
Apr 6, 2015
Closed on
Dec 18, 2015
Sold by
Fintz Cynthia Dell and Failing Junius Brad
Bought by
Ressler Nonie and Ressler Brian
Seller's Agent
Sally Bookman
KW Thrive Santa Cruz
Buyer's Agent
Kelley Trousdale
Santa Cruz Estates
List Price
$2,298,800
Sold Price
$1,800,000
Premium/Discount to List
-$498,800
-21.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%
Original Mortgage
$1,300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2003
Sold by
Failing Joyce
Bought by
Failing Joyce and The Failing Living Trust
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
Erk Kaya $2,700,000 Chicago Title Company
Ressler Nonie $1,758,000 Old Republic Title Company
Failing Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erk Kaya $2,000,000
Previous Owner Ressler Nonie $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2018 04/03/18 Sold $2,700,000 -6.7% $1,218 / Sq Ft View Prior Sale
03/18/2018 03/18/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $2,895,000 -3.3% $1,306 / Sq Ft
11/14/2017 11/14/17 For Sale $2,995,000 +66.4% $1,351 / Sq Ft
01/07/2016 01/07/16 Sold $1,800,000 -4.2% $812 / Sq Ft View Prior Sale
10/30/2015 10/30/15 Pending -- -- --
07/28/2015 07/28/15 Price Changed $1,878,000 -6.1% $847 / Sq Ft
06/03/2015 06/03/15 Price Changed $1,999,999 -9.0% $902 / Sq Ft
05/22/2015 05/22/15 Price Changed $2,198,800 -4.4% $992 / Sq Ft
04/06/2015 04/06/15 For Sale $2,298,800 -- $1,037 / Sq Ft

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 $33,904 $3,072,140 $2,304,105 $768,035
2023 $33,347 $2,952,844 $2,214,633 $738,211
2022 $32,731 $2,894,945 $2,171,209 $723,736
2021 $32,071 $2,838,183 $2,128,637 $709,546
2020 $31,574 $2,809,080 $2,106,810 $702,270
2019 $31,026 $2,754,000 $2,065,500 $688,500
2018 $20,812 $1,829,024 $1,463,219 $365,805
2017 $20,644 $1,793,160 $1,434,528 $358,632
2016 $9,742 $803,370 $562,360 $241,010
2015 $9,656 $791,303 $553,913 $237,390
2014 $9,357 $775,803 $543,063 $232,740
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shanne Carvalho

    Sereno Group

    Section Image
  • Marcus Vidrine

    Buyer's Agent in 2018

    Marcus Vidrine

    David Lyng Real Estate

    (831) 600-5506

    8 in this area

    98 Total Sales

    Marcus Vidrine
    Section Image

  • S

    Seller's Agent in 2016

    Sally Bookman

    KW Thrive Santa Cruz

    Section Image
  • Kelley Trousdale

    Buyer's Agent in 2016

    Kelley Trousdale

    Santa Cruz Estates

    (831) 566-7070

    14 in this area

    47 Total Sales

    Kelley Trousdale
    Section Image
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Map

California Santa Cruz County Aptos 95003 Rio del Mar

998 Via Malibu, Aptos, CA

Not Listed for Sale

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