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25 Palma Avenue

25 Palma Avenue, Watsonville, CA 95076
Property in Santa Cruz
Refi Aug 05, 2019
Transfer
$1,089,787 by Reverse Mortgage Funding Llc
Mortgage
Local assessors in Watsonville, CA have categorized 25 Palma Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 12,589 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 25 Palma Avenue has a total of 1,827 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. The building has a roof that is made of composition shingle. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $5,431 in taxes per year. The property on 25 Palma Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $449,277. To break that down further, the land itself was valued at $285,904. While improvements to the property were assessed at a total of $163,373. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 2,087
  • Gross Building Area: 2,087
  • Building Area: 1,827
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LA SELVA BEACH
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pajaro Valley Joint Unified School District
  • Census Tract: 122300

Zoning

  • Zoning: R-1-6

Geography

  • Assessors Map Reference: MAP: 045/132
  • Parcel: 045-132-08-000
  • Block: 21
  • Lot: 60
  • Municipality: PAJARO VALLEY
  • Latitude: 36.9385
  • Longitude: -121.859

    Address

  • Full Address: 25 Palma Ave
  • Address - House Number: 25
  • Address - Street Name: Palma
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Watsonville
  • Carrier Code: C024
  • 4-Digit Zip Code: 1729
  • Zip Code: 95076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,431
  • Tax Rate Code Area: 69-275

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 1,377,803
  • High Value: 1,704,297
  • Low Value: 1,051,308

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,089,787
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 05, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,089,787
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $449,277
  • Assessed Land Value: $285,904
  • Assessed Improvements Value: $163,373

About La Selva Beach



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 25 Palma Avenue located in?
The 25 Palma Avenue is a located in the neighborhood of Santa Cruz in La Selva Beach, Watsonville.
What is the average sales price for listings in 25 Palma Avenue?
The average sales price for units in 25 Palma Avenue is $0 currently.

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