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4475 Merlin Way

4475 Merlin Way, Soquel, CA 95073
House in Santa Cruz
Sold Jul 29, 2020
$1,225,000
$980,000 by Us Bank Na
Mortgage Due Aug 01, 2050
Sold Jul 19, 2017
$915,000
$732,000 by Bay Fcu
Mortgage Due Aug 01, 2047
4475 Merlin Way has been categorized by the local assessors in Soquel, CA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4475 Merlin Way has 2,263 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,055 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a sawtooth style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4475 Merlin Way sold most recently in Jul 14, 2020 for a total of $1,225,000. If you work out the math, that's approximately a cost of $442.72 per sqft. Before that, the property was also sold for $915,000 in Jun 29, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,249 in taxes each year. The initial year of tax delinquency occurred in 2020. 4475 Merlin Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,249,500. If we break it down further, the land itself was valued at $812,175. Improvements to the property, however, were assessed at a total of $437,325. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,055
  • Total Building Area: 2,767
  • Gross Building Area: 2,767
  • Building Area: 2,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,263
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 731 EVERGREEN ESTATES
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: TR 731

Ownership

  • Current Owner : FARMER KEVIN WILLIAM
  • Current Owner 2: FARMER TAYLOR DEE
  • Previous Owner : GAINES KIMBERLY J
  • Previous Owner 2: BAILEY RONALD
  • Owner Before Previous Owner: MOOTZ JOHN
  • Owner Before Previous Owner 2: MOOTZ MICHELE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Cruz City High School District (9-12) in Soquel
  • Census Tract: 121100

Zoning

  • Zoning: R-1-6

Geography

  • Assessors Map Reference: MAP: 102/401
  • Subdivision Tract Number: 731
  • Parcel: 102-401-09-000
  • Lot: 9
  • Municipality: SOQUEL
  • Latitude: 37.0003
  • Longitude: -121.957

    Address

  • Full Address: 4475 Merlin Way
  • Address - House Number: 4475
  • Address - Street Name: Merlin
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Soquel
  • Carrier Code: C005
  • 4-Digit Zip Code: 2340
  • Zip Code: 95073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,249
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 96-101

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 1,658,367
  • High Value: 2,047,004
  • Low Value: 1,269,731

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 29, 2020
  • First Open Lien Mortgage Loan Amount: $980,000
  • 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: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,249,500
  • Assessed Land Value: $812,175
  • Assessed Improvements Value: $437,325

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11776684965
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0028380
  • Previous Sale Recording Date: Jul 19, 2017
  • Previous Sale Contract Date: Jun 29, 2017
  • Previous Sale Amount: $915,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 29, 2020
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BAY FCU
  • Previous Mortgage Transaction Date: Jul 19, 2017
  • Previous Mortgage Loan Amount: $732,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Soquel



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Frequently Asked Questions

What neighborhood is 4475 Merlin Way located in?
The 4475 Merlin Way is a house located in the neighborhood of Santa Cruz in Soquel, Soquel.
What is the average sales price for listings in 4475 Merlin Way?
The average sales price for units in 4475 Merlin Way is $0 currently.

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