148 Palo Verde Terrace

Local assessors in Santa Cruz, CA have categorized 148 Palo Verde Terrace as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 915 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 148 Palo Verde Terrace has a total of 870 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a sawtooth style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 148 Palo Verde Terrace was last sold in Aug 23, 2020 for $500,000. According to our calculations, that's $574.71 per sqft. Prior to that sales transaction, the property was sold for $425,000 in Apr 28, 2016. Current property owners are expected to pay $6,127 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 148 Palo Verde Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $510,000. To break that down further, the land itself was valued at $357,000. While improvements to the property were assessed at a total of $153,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.