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Backup Offers

229 Monterey Ave, Capitola, CA, 95010

$2,200,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,424 SqFt
$1,545/SqFt
House

Location

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229 Monterey Ave, Capitola$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingFloor Furnace
CoolingNone
MLS #ML81971670
Lot Size0.35 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 229 Monterey Ave

Outstanding location and extremely rare offering. Build your dream homes or investment rentals. Recently surveyed and the properties potential has been investigated with a local land use planner. Over 15k lot! Highest and best use is to subdivide into a two lots of a minimum of 5000sf each. Many possible options: 1) Renovate the Main House and build a New Home with ADU on a new lot after MLD. 2) Build multiple residential . Lot is zoned RM which will allow a duplex and maybe more. Current Home is on a local list for potential historical site for Capitola. Its not on any state site. Any desire to remove the home would require an application for removal with the city and be evaluated by an architectual historian. Property next door at 233 Monterey is a 1/1 with 460 sf of interior space and approx.1800sf lot is for sale separately and may need to be purchased together with 229 Monterey.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,424 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Listing Agent: Mark Oliverez

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Bay Ave Exit off HWY 17 Bay Ave turns into Monterey Ave Cross Street: Fanmar / Park Pl

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $1,545/SqFt

Tax Information:

  • Annual Amount: $3,169
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Capitola, CA.

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Capitola, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$883

Avg. Days On Market

23

# of Sold Homes

6

229 Monterey Ave vs Capitola

148 DAYS ON ROCKET

+125 Days

$2,200,000

+$1.0M More

$1,545/SqFt

+$661 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $661/SqFt more than other homes in Capitola, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81971670

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Listing Agent: Mark Oliverez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,169$118,633
2020$3,089$117,416
2019$2,912$115,114
2018$2,912$112,856
2017$2,847$110,643

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4300205
6
/10

  • Soquel Elementary School

  • 2700 Porter St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-4300206
7
/10

  • Main Street Elementary School

  • 3400 N Main St

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-4300207
7
/10

  • Live Oak Elementary School

  • 1916 Capitola Rd

  • 1.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,089. The majority of Capitola, CA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 229 Monterey Ave

What is the listing price of this property?

The listing price of 229 Monterey Ave property is $2,200,000.

What type of property is this?

The property 229 Monterey Ave is a house located in Capitola, California, 95010.

Is this property for sale now?

Accepting Backup Offers: 229 Monterey Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,169 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 229 Monterey Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 229 Monterey Ave is 1,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 229 Monterey Ave is 1920.

Rocket Homes›California›Santa Cruz County›Capitola›95010›229 Monterey Ave

This home is located at 229 Monterey Ave in Capitola, CA and zip code 95010. This 1,424 square foot home, which was built in 1920, sits on a 0.35 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $2,200,000.

In November 2024, from all listings sold in Capitola, CA there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. In November 2024 in Capitola, CA there were 42.4% less homes for sale than in October 2024. Listings spent 23 days on the market in November 2024, and had a median list price of $1,160,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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