tomo logo

$1,020,000

Beds
5
Baths
2.0
sq ft
2,716

915 River St, Santa Cruz, CA 95060

915 River St

Santa Cruz, CA 95060

  • 71 days on market
    • Price drop $29,000↓
Back on Market! 1888 Victorian with endless use possibilities; great income and located in a prime Santa Cruz location only 1/2 mile + or - to Pacific Garden Mall and less than 10 minutes to the beach & wharf! This home features too many details to list but in this location, we can't say enough about the value in the parking-enough room for 10+ vehicles! Currently used as a duplex with downstairs on a lease at $5,000 per month, upstairs on a month to month at $2,200. Both tenants would like to stay if possible. Has previously been used as a commercial office space as well as SFR. Whether looking for an investment, business location or home sweet home, this one can check all the boxes at an incredible price for Santa Cruz! Please note, the majority of the photos are from the previous sale in 2021:)

Details

Property type

Single Family Residence

Est. home value

$1,446,282

Lot size

5,968 sq ft

Price per sq ft

$376

Year built

1888

Price History

10/17/2024
BridgeMLS

BridgeMLS #ML81974981

Listed
$1,020,000
09/22/2024
BridgeMLS

BridgeMLS #ML81974981

Pending
$1,020,000
09/02/2024
BridgeMLS

BridgeMLS #ML81974981

Price change
$1,020,000
-2.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Cruz City High

Negotiation Insights

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

Seller could get up to

$312,185
Asking price
$1,020,000
Closing costs (~8% of asking)
-$81,600
Est. remaining loan balance
-$626,215
Cash to seller
$312,185

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Premier Mortgage Resources Llc

Loan start date

March 2021

Original loan amount

$680,000

Est. remaining balance

$626,215

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Raymond Marc Chateauvert and Stephanie Ann Palladino

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: 10/19/2024 at 10:50 PM

Listing updated: 10/17/2024 at 11:50 PM

Listed by: Tyanne Scaletti, Bailey Properties Phone #: (831) 234-8004

MLS: BridgeMLS #ML81974981

BridgeMLS logo

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