See Home Value
$1,224,621*
House - Off Market

108 Algea ST

SANTA CRUZ, CA 95060
bedrooms
2 Beds
bathrooms
1 Bath
square feet
603 Sqft
$1,134,000 - $1,384,000
Reference Base Price*
-2.73%
Since Jun 1, 2023
CA-San Francisco
Primary Model
Sold May 12, 2023
$1,230,000
$1,089,000 by Crosscountry Mortgage, Llc
Mortgage Due Jun 01, 2053
Sold Jun 22, 2005
$770,000
$615,700 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2035

About This Property

Livable beach home in GREAT location. Located on a wide street with almost no traffic, just a few steps from the start of Bethany Curve Greenbelt Park & walking trail. Enjoy leisurely strolls to West Cliff Drive without surfers or walkers parking in front of your house! This vintage 2 BR classic beach bungalow on a 7,200+ ft. parcel is a semi-polished diamond in the rough. Refurbished about 15 years ago, then rented for the past 4 years, it is certainly move in ready. If you choose to improve the house or grounds, there is a world of upside potential!  Senate bill 9 may allow a lot split or the adding of a duplex. Building an ADU might be an option, or adding footage to the existing home. The parcel would accommodate a LOT of increased living space. Certainly more gardens, expanding the bluestone outdoor patio, adding fruit trees and a hot tub would be wonderful. Let your imagination run wild!  Buyer to confirm code compliance of all plans before purchase! Tesla EV charger in place.

The manager has listed the unit size as 603 square feet.
Unit Size
603Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$2,088
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
May 14, 2023 No longer available -
No longer available
Apr 25, 2023 In contract -
In contract
Mar 22, 2023 Listed $1,259,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 256
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,231
  • Total Building Area: 859
  • Gross Building Area: 859
  • Building Area: 603
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: None
  • Heated Square Feet: 603
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PARK
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)

Ownership

  • Current Owner : BERGO ROLV ALEXANDER
  • Current Owner 2: LID VIIL
  • Previous Owner : SCHALLOP FAMILY TRUST
  • Owner Before Previous Owner: FRANK ROBERT C
  • Owner Before Previous Owner 2: ESPANIOLA LEOLANI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Cruz City Elementary School District
  • Census Tract: 101100

Geography

  • Assessors Map Reference: MAP: 004/175
  • Parcel: 004-175-16-000
  • Block: 4
  • Lot: 3
  • Municipality: SANTA CRUZ CITY
  • Latitude: 36.9571
  • Longitude: -122.039

    Address

  • Full Address: 108 Algea St
  • Address - House Number: 108
  • Address - Street Name: Algea
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Cruz
  • Carrier Code: C014
  • 4-Digit Zip Code: 5302
  • Zip Code: 95060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,733
  • Tax Rate Code Area: 1-032

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 1,304,175
  • High Value: 1,610,240
  • Low Value: 998,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,089,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: May 12, 2023
  • First Open Lien Mortgage Loan Amount: $1,089,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $981,473
  • Assessed Land Value: $860,946
  • Assessed Improvements Value: $120,527

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Transaction ID: 11906630343
  • Current Sale Price: $1,230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 8408
  • Previous Sale Recording Date: Jun 22, 2005
  • Previous Sale Contract Date: Jun 16, 2005
  • Previous Sale Amount: $770,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: May 12, 2023
  • First Mortgage Loan Amount: $1,089,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 22, 2005
  • Previous Mortgage Loan Amount: $615,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westside


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Nearby Rentals

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$2,600 /mo

  • Studio
704 - 718 Broadway / 428 Ocean View #704 - 718 Broadway / 428 Ocean View - 704 Broadway, Santa Cruz, CA, 95062 Listing by Manager


Frequently Asked Questions

When was property at 108 Algea Street built and last sold?
The property at 108 Algea Street was built in 1920 and last sold on May 9, 2023 for $1,230,000.
How much is this home worth?
The estimated value of the home located at 108 Algea Street is $1,233,460.
What are some comparable homes to 108 Algea Street?
There are currently no comparable homes to 108 Algea Street.

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