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507 Pacheco Avenue

507 Pacheco Avenue, Santa Cruz, CA 95062
Property in Eastside
Sold Jun 26, 1998
$279,000
$195,000 by Bay Fcu
Mortgage Due Jun 01, 2036
Local assessors in Santa Cruz, CA have categorized 507 Pacheco Avenue as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 7,013 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 507 Pacheco Avenue has a total of 1,316 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. 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, 507 Pacheco Avenue sold most recently in Jun 17, 1998 for a total of $279,000. If you work out the math, that's approximately a cost of $212.01 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 $5,051 in taxes each year. 507 Pacheco Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $419,808. If we break it down further, the land itself was valued at $251,884. Improvements to the property, however, were assessed at a total of $167,924. The property's total assessed value has been marked as more than the total market value 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!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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 1,316
  • Gross Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAVEAGA PARK TR 01
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: BLK K LOT 2

Ownership

  • Current Owner : MEEKER KURT
  • Current Owner 2: MEEKER ANGELA
  • Previous Owner : OLSON VERNON E
  • Previous Owner 2: OLSON CHARLA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Cruz City Elementary School District
  • Census Tract: 100200

Geography

  • Assessors Map Reference: MAP: 009/263
  • Parcel: 009-263-05-000
  • Block: K
  • Lot: 2
  • Municipality: SANTA CRUZ CITY
  • Latitude: 36.9873
  • Longitude: -122.003

    Address

  • Full Address: 507 Pacheco Ave
  • Address - House Number: 507
  • Address - Street Name: Pacheco
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Cruz
  • Carrier Code: C021
  • 4-Digit Zip Code: 1236
  • Zip Code: 95062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,051
  • Tax Rate Code Area: 1-032

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 1,178,643
  • High Value: 1,455,478
  • Low Value: 901,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: BAY FCU
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $419,808
  • Assessed Land Value: $251,884
  • Assessed Improvements Value: $167,924

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 1998
  • Current Sale Recording Date: Jun 26, 1998
  • Current Sale Transaction ID: 1073000136
  • Current Sale Price: $279,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1998-0035781

    Last Sale Mortgage

  • First Mortgage Lender: PHH MTG SERVICES CORP
  • First Mortgage Transaction Date: Jun 26, 1998
  • First Mortgage Loan Amount: $223,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2028
  • Second Mortgage Loan Amount: $27,900

About Eastside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 507 Pacheco Avenue located in?
The 507 Pacheco Avenue is a located in the neighborhood of Eastside in Eastside, Santa Cruz.
What is the average sales price for listings in 507 Pacheco Avenue?
The average sales price for units in 507 Pacheco Avenue is $0 currently.

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