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$1,499,000

Beds
2
Baths
1.0
sq ft
728

719 Darwin St, Santa Cruz, CA 95062

719 Darwin St

Santa Cruz, CA 95062

  • 70 days on market
    • Price drop $200,000↓
Opportunity knocks. Planning and Building Permit requirements have been completed for a three-story 6 unit project. However due to recent code changes in favor of more local housing development you could easily modify the plans to include a total of 8 units. (Or scrap the plans on hand and design and build your own project.) The current plans for each two bedroom unit are 1450SF and each one bedroom unit is 1100SF. 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. For more info on the current project plan refer to ML81965791.

Details

Property type

Single Family Residence

Est. home value

$1,087,058

Lot size

8,233 sq ft

Price per sq ft

$2,060

Year built

1946

Price History

10/15/2024
BridgeMLS

BridgeMLS #ML81978477

Price change
$1,499,000
-11.77%
09/26/2024
BridgeMLS

BridgeMLS #ML81978477

Price change
$1,699,000
-5.56%
08/30/2024
BridgeMLS

BridgeMLS #ML81978477

Listed
$1,799,000
+139.87%

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

Allied Bank

Loan start date

June 1996

Original loan amount

$129,000

Est. remaining balance

$0

Interest rate

7.5%

Loan type

Not Provided, 15 year

Seller

John H Newman and Jean B Newman

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?

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Status: Active

Tomo last checked: 11/08/2024 at 6:45 PM

Listing updated: 10/15/2024 at 8:10 PM

Listed by: MaryBeth McLaughlin, Room Real Estate Phone #: (831) 252-4085

MLS: BridgeMLS #ML81978477

BridgeMLS logo

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