tomo logo

$1,675,000

Beds
3
Baths
3.0
sq ft
1,424

405 Monterey Ave, Capitola, CA 95010

405 Monterey Ave

Capitola, CA 95010

  • 11 days on market
    • Open house Apr 06
Live the ultimate Capitola Beach lifestyle, less than a 10-minute walk to Capitola Beach & Village! This renovated home features 2 self-contained units totaling 1,424 sq. ft. The main home is a 2-bed, 2-bath, all on the ground level with no stairs, perfect for easy accessibility. The second unit is a 1-bed, 1-bath with kitchen and living space, accessed via a private staircase. Enjoy a shared ground level laundry and office space . Just steps from Gayles Bakery & Capitola Village, this home offers prime walkability to dining, shops, and entertainment. The private backyard has a spacious lawn and patio with greenbelt views. The brand-new driveway provides 4+ car spots. The garage fits bikes, surfboards, mower, and more. Comes equipped with an owned solar system of 28 panels along with 3 battery storage packs making sure your bill is low and the lights stay on. Central forced air heating & cooling in both units run off solar! EV car charging hookup! Ideal for multigenerational living, investment, vacation home, or if you want extra space for guests. Many lenders allow buyers to qualify for a higher purchase price by factoring in potential rental income. Live in one unit and rent the other; upper unit previously rented for ~$4,000/month. Furnishings available for both units.

Details

Property type

Single Family Residence

Est. home value

$1,210,687

Lot size

4,922 sq ft

Price per sq ft

$1,177

Year built

1958

HOA

No

Price History

03/25/2025
BridgeMLS

BridgeMLS #ML81996747

Listed
$1,675,000
+36.73%
07/01/2022
SFAR

SFAR #81891880

Sold
$1,225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Cruz City High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Aim Cu

Loan start date

June 2022

Original loan amount

$61,250

Est. remaining balance

Not provided

Interest rate

3.98%

Loan type

Credit Line (Revolving), 30 year

Seller

Joshua T Kolbo and Mariak L Kolbo

Lender

Mufg Union Bank Na

Loan start date

June 2022

Original loan amount

$980,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Joshua T Kolbo and Mariah L Kolbo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 6:15 PM

Listing updated: 04/05/2025 at 4:40 PM

Listed by: Josh Kolbo, Trade-In Real Estate Phone #: (308) 293-7128

MLS: BridgeMLS #ML81996747

BridgeMLS logo

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