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515 Capitola Road

515 Capitola Road, Santa Cruz, CA 95062
Property in Santa Cruz
Sold Dec 02, 2021
$1,300,000
$700,000 by Home Point Financial Corporati
Mortgage Due Jan 01, 2052
515 Capitola Road in Santa Cruz, CA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 515 Capitola Road has 2,425 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,059 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 560 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 515 Capitola Road sold most recently in Nov 24, 2021 for a total of $1,300,000. If you work out the math, that's approximately a cost of $536.08 per sqft. 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 $15,888 in taxes each year. 515 Capitola Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,300,000. If we break it down further, the land itself was valued at $820,000. Improvements to the property, however, were assessed at a total of $480,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,059
  • Total Building Area: 2,425
  • Gross Building Area: 2,425
  • Building Area: 2,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LANDS/PAUL F SAVASKY
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TELLEZ SUSIE
  • Current Owner 2: TELLEZ JASON
  • Previous Owner : FARQUHAR DAVID
  • Previous Owner 2: FARQUHAR JENNIFER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Live Oak Elementary School District
  • Census Tract: 121401

Zoning

  • Zoning: RM-4

Geography

  • Assessors Map Reference: MAP: 026/091
  • Parcel: 026-091-52-000
  • Municipality: LIVE OAK
  • Latitude: 36.98
  • Longitude: -121.992

    Address

  • Full Address: 515 Capitola Road Ext
  • Address - House Number: 515
  • Address - Street Name: Capitola Road
  • Address - Suffix Type: Ext
  • State: CA
  • City Name: Santa Cruz
  • Carrier Code: C016
  • 4-Digit Zip Code: 1640
  • Zip Code: 95062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,888
  • Tax Rate Code Area: 82-040

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 1,513,801
  • High Value: 1,868,615
  • Low Value: 1,158,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,300,000
  • Assessed Land Value: $820,000
  • Assessed Improvements Value: $480,000

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11873015570
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0058890

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Live Oak



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Frequently Asked Questions

What neighborhood is 515 Capitola Road located in?
The 515 Capitola Road is a located in the neighborhood of Santa Cruz in Live Oak, Santa Cruz.
What is the average sales price for listings in 515 Capitola Road?
The average sales price for units in 515 Capitola Road is $0 currently.

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