NOT LISTED FOR SALE

Watsonville, CA 95076

Estimated Value: $50,601 - $1,172,000

0.12 Acre
$2,910,776 Price per Acre
5,053 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $49,999

Est. 575% increase in value since last sale

Current estimated payment $1,856/month

62 Days on Market

About This Lot

As of August 2022

Residential lot, in desirable well established neighborhood, at the end of a cul-de-sac. Homes in this neighborhood are Valued at $800,000-$900,000. This would require someone with extensive development experience as this lot does have its challenges, but at this price could make for a great opportunity. Water, PGE, Sewer & Driveway approach onsite. HOA & CCR's. Can NOT place manufactured home on lot. Retaining Wall failed. Cost to rebuild is unknown by seller.

Last Agent to Sell the Property

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607 Listed on: 06/06/2022

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Lot Details

  • 5,053

Additional Features

  • 5,053 Sq Ft Lot
  • Gas Available

Property Details

Property Type

Land

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Zoning: R
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Improvements Completed
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5053.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5053.00
  • Parcel Access: Accessible, Paved Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Sevilla Victor G
Bought by
R3gn Builders Llc
Current Estimated Value
$337,650

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 10, 2022
Sold by
Antonio Diaz
Bought by
Sevilla Victor G
Seller's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$75,000
Sold Price
$49,999
Premium/Discount to List
-$25,001
-33.33%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.49%

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 12, 2021
Sold by
Lopez Gabriela Mendoza
Bought by
Diaz Antonio
Seller's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
Buyer's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.33%

Purchase Details

Closed on
Jul 31, 2015
Sold by
Tansy Michael K
Bought by
Vs Development Llc

Purchase Details

Closed on
Nov 25, 1996
Sold by
Corrigan Patrick T
Bought by
Tansy Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
R3gn Builders Llc $130,000 Chicago Title
Sevilla Victor G $50,000 First American Title
Diaz Antonio -- First American Title
Vs Development Llc $45,000 First American Title Company
Tansy Michael K $234,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tansy Michael K $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $49,999 0.0% --
08/08/2022 08/08/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $49,999 -23.0% --
06/21/2022 06/21/22 Price Changed $64,900 -13.5% --
06/06/2022 06/06/22 For Sale $75,000 +114.3% --
03/12/2021 03/12/21 Sold $35,000 -10.3% -- View Prior Sale
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $39,000 -- --
Source: MLSListings

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 $618 $66,300 $66,300 --
2023 $624 $51,202 $51,202 $0
2022 $613 $50,198 $50,198 $0
2021 $604 $49,214 $49,214 $0
2020 $595 $48,709 $48,709 $0
2019 $585 $47,754 $47,754 $0
2018 $571 $46,818 $46,818 $0
2017 $567 $45,900 $45,900 $0
2016 $552 $45,000 $45,000 $0
2015 $287 $21,891 $21,891 $0
2014 $281 $21,462 $21,462 $0
Source: Public Records

Agents Affiliated with this Home

  • Raeid Farhat

    Seller's Agent in 2022

    Raeid Farhat

    Raeid Farhat Real Estate Inc

    (831) 840-3902

    47 in this area

    107 Total Sales

    Raeid Farhat
    Section Image

  • R

    Buyer's Agent in 2022

    RECIP

    Out of Area Office

See All Agents

Source: MLSListings

MLS Number: ML81895103

MLSListings

APN: 01622125000

California Santa Cruz County Watsonville

95076

Not Listed for Sale

Lots

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