$2,100,000 Price Analysis   ♡   Santa Cruz, CA 95062 Unknown bed 0 bath unknown SqFt ($0/SqFt) 8,233SqFt lot. Listed 2024-05-15, Taxes $9,144 | Ⓧ USDA Ineligible due to property near Santa Cruz |
A tremen dous opportunity!
Planning and Building Permit requirements have been completed for a three-story 6 unit project (4 two bedrooms with two baths and 2 one bedroom with study). Each two bedroom unit is 1200SF+ nd each one bedroom unit is approx 862SF. There is ground floor covered parking with 2 EV charging spaces and 1 handicap space. Overhead storage lockers are provided in the parking area as well. There are enclosed stairwells located at the East and West ends of the structure plus an enclosed elevator planned from the parking area to the roof deck.
There is a landscaped deck on the roof that's approx 2400SF. The project is a stylish modern design and meets all code requirements for new construction and includes solar installation. This is a rare opportunity for an approved development project in the Seabright area located on the East Side of Santa Cruz City close to the Ocean, Twin Lakes Beach, Harbor, Municipal Wharf and Boardwalk Amusement Park as well as restaurants, shopping, coffee, grocery stores, post office, public library and abundant public transportation in close proximity. Due to recent code changes, one could explore modifying the project to include natural gas and eliminate the parking and add additional units (SROs?).
Presented by MaryBeth McLaughlin at
Room Real Estate.
Property MLS #ML81965791 from MLSListings
Lot Size Acres: 0.1890037
Lot Size Source: Assessor
Lot Size Square Feet: 8233
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsCounty: Santa Cruz
Current Use: Vacant
Development Status: Approved Building Plan, Building Permits Issued, Have Building Permits
Source Property Type: Residential Lots & Land
Area: East Santa Cruz
Source Neighborhood: East Santa Cruz
Postal City: SANTA CRUZ
Zoning: R-M
Property Subtype: Residential Development Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $78,838 + $709,546 $788,384 | $9,144 |
| 2021 | $77,292 + $695,632 $772,924 | $8,954 |
| 2020 | $76,500 + $688,500 $765,000 | $8,885 |
| 2019 | $19,480 + $36,145 $55,625 | $1,028 |
| 2018 | $19,098 + $35,437 $54,535 | $1,021 |
| 2017 | $18,723 + $34,742 $53,465 | $1,012 |
| 2016 | $18,356 + $34,061 $52,417 | $977 |
| 2015 | $18,080 + $33,549 $51,629 | $850 |
| 2014 | $17,726 + $32,892 $50,618 | $840 |
| 2013 | $17,646 + $32,743 $50,389 | $842 |
| 2012 | $17,300 + $32,101 $49,401 | $808 |
| 2011 | $16,961 + $31,472 $48,433 | $797 |
| 2010 | $16,834 + $31,237 $48,071 | $789 |
| 2009 | $16,874 + $31,311 $48,185 | $796 |
| 2008 | $16,543 + $30,697 $47,240 | $750 |
| 2007 | $16,219 + $30,095 $46,314 | $711 |
$2,100,000
MLSListings
Listing removed 2024-05-02
$1,699,950
MetroList
Price Changed 2024-03-14
$1,699,950
MetroList
Listed 2024-02-03
$1,799,950
MetroList
Listing removed 2023-10-18
$1,799,000
MetroList
Price Changed 2023-01-31
$1,799,000
MetroList
Listed 2022-10-31
$2,100,000
MetroList
Sold 2019-05-03
$750,000
SanDiegoMLS
Listed 2019-04-02
$699,000
MLSListings
Sold 1975-11-28
$26,000
Public Record
Electricity - Available at Street
Gas - Available at Street
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.