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179 Palo Verde Terrace

179 Palo Verde Terrace, Santa Cruz, CA 95060
Property in Westside
Sold Aug 03, 2012
$319,000
$223,300 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2042
Sold Feb 07, 1997
$123,500
$98,800 by Great Western Bank
Mortgage
179 Palo Verde Terrace has been categorized by the local assessors in Santa Cruz, CA as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 179 Palo Verde Terrace has 987 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 1,830 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 C by the local assessor. The building has a sawtooth style roof made of composition shingle. 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, 179 Palo Verde Terrace sold most recently in Jul 26, 2012 for a total of $319,000. If you work out the math, that's approximately a cost of $323.20 per sqft. Before that, the property was also sold for $123,500 in Jan 31, 1997. 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 $4,487 in taxes each year. 179 Palo Verde Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $370,168. If we break it down further, the land itself was valued at $222,101. Improvements to the property, however, were assessed at a total of $148,067. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Townhouse
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,830
  • Total Building Area: 987
  • Gross Building Area: 987
  • Building Area: 987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROUNDTREE UN 01 TR 577
  • Land Acres: 0.042
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: TRACT 577 BLK 5 LOT 41

Ownership

  • Current Owner : VERZATT MICHAEL W
  • Previous Owner : MULLIN SHARON R
  • Previous Owner 2: EVELYN V MULLIN TRUST
  • Owner Before Previous Owner: HERBIG EVA TRUST
  • Owner Before Previous Owner 2: ALFRED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Cruz City Elementary School District
  • Census Tract: 100500

Geography

  • Assessors Map Reference: MAP: 002/342
  • Subdivision Tract Number: 577
  • Parcel: 002-342-41-000
  • Block: 5
  • Lot: 41
  • Municipality: SANTA CRUZ CITY
  • Latitude: 36.9712
  • Longitude: -122.05

    Address

  • Full Address: 179 Palo Verde Ter
  • Address - House Number: 179
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Santa Cruz
  • Carrier Code: C016
  • 4-Digit Zip Code: 3213
  • Zip Code: 95060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,487
  • Tax Rate Code Area: 1-032

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 998,074
  • High Value: 1,247,144
  • Low Value: 749,004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,300
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2012
  • First Open Lien Mortgage Loan Amount: $223,300
  • 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, 2042

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $370,168
  • Assessed Land Value: $222,101
  • Assessed Improvements Value: $148,067

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2012
  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Transaction ID: 1072944199
  • Current Sale Price: $319,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0036866
  • Previous Sale Recording Date: Feb 07, 1997
  • Previous Sale Contract Date: Jan 31, 1997
  • Previous Sale Amount: $123,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 03, 2012
  • First Mortgage Loan Amount: $223,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: GREAT WESTERN BANK
  • Previous Mortgage Transaction Date: Feb 07, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $98,800

About Westside



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Frequently Asked Questions

What neighborhood is 179 Palo Verde Terrace located in?
The 179 Palo Verde Terrace is a located in the neighborhood of Westside in Westside, Santa Cruz.
What is the average sales price for listings in 179 Palo Verde Terrace?
The average sales price for units in 179 Palo Verde Terrace is $0 currently.

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