NOT LISTED FOR SALE

Estimated Value: $1,509,000 - $2,017,000

7 Beds
4 Baths
3,254 Sq Ft
$525/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,300,000 $400 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,789/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • Tile Flooring
  • Dining Area
  • Westlake Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2022

Huge rental property opportunity. Located right behind Santa Cruz High School, this stunning 1980s home features 3 stories, several decks, 7 bedrooms, attached 2 car garage, and 3 full bathrooms. It's close to UC Santa Cruz, and always in high rental demand. Basement in need of refinishing. All new exterior paint and windows replaced in 2019.

Last Listed By

Jennifer Stein

Homelister, Inc. License #01507135 Listed on: 01/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,967

Year Built

  • 1982

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,254 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Area
  • Unfinished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,967

Year Built

1982

Lot Details

0

Parking

2

Listing Details

  • Zoning: RES
  • Subclass: Single Family Home
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 3254
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 3254
  • Flooring: Carpet, Tile
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Combination, Concrete Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Santa Cruz City High
  • Elementary School: Westlake Elementary
  • Middle School: Mission Hill
  • Elementary School: 847
  • Middle School: 37458

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

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 4, 2022
Sold by
Susan Faitos Trust
Bought by
Pariar Family Revocable Trust
Seller's Agent
Jennifer Stein
Homelister, Inc.
Buyer's Agent
Ranju Phelan
Compass
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Total Days on Market
7
Current Estimated Value
$1,709,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,585
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Feb 25, 2020
Sold by
Faitos Susan
Bought by
Faitos Susan Elizabeth and Suan Faitos Family Trust

Purchase Details

Closed on
Oct 3, 2016
Sold by
Faitos Susan Elizabeth
Bought by
Faltos Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Faitos Rosemary
Bought by
Ferrucci Aaron

Purchase Details

Closed on
Jul 11, 1994
Sold by
Bankamerica National Trust Company
Bought by
Faitos Ernest A and Faitos Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.38%

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
Pariar Family Revocable Trust $1,300,000 Orange Coast Title
Faitos Susan Elizabeth -- None Available
Faltos Susan -- Placer Title Company
Ferrucci Aaron -- Accommodation
Faitos Ernest A $235,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faltos Susan $200,000
Previous Owner Faitos Ernest A $450,000
Previous Owner Faitos Ernest A $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,300,000 +4.0% $400 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,250,000 -- $384 / 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
2023 $14,967 $1,326,000 $861,900 $464,100
2022 $4,534 $371,048 $141,533 $229,515
2021 $4,444 $363,773 $138,758 $225,015
2020 $4,411 $360,043 $137,335 $222,708
2019 $4,310 $352,983 $134,642 $218,341
2018 $4,263 $346,062 $132,002 $214,060
2017 $4,212 $339,278 $129,415 $209,863
2016 $3,991 $332,625 $126,877 $205,748
2015 $3,837 $327,628 $124,971 $202,657
2014 $3,775 $321,210 $122,523 $198,687
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81875967

MLSListings

APN: 006-494-11-000