2 months on rocket

507 Market St, Santa Cruz, CA, 95060

$1,299,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths
800 SqFt
$1,624/SqFt
House

Location

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507 Market St, Santa Cruz$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Attached Garage1 space
Year Built1944
CoolingNone
MLS #ML81977569
Lot Size0.43 Acres
StatusActive

About 507 Market St

Great Price Reduction! Must come see to truly appreciate this amazing property. Located along Branciforte creek which runs through the back yard. Featuring a beautifully landscaped yard with two large gazebos, an outdoor kitchen with hot and cold running water, large commercial sink, covered prep station, refrigerator, gas grill and plenty of counter space to entertain your guests, and an outdoor living area with a gas fire table, to sit and relax after a gourmet dinner. Below is another gazebo and garden area overlooking the creek and the beach just across the creek. Hang out, relax, and enjoy the nature. The main kitchen and living area are situated upstairs with one bedroom, one full bath and on demand water heater. There is a sunroom and deck overlooking the creek to sit and enjoy your morning coffee. The ground floor has a garage, laundry hook-ups, work bench and storage, wet bar and a bonus room. There is another gazebo and Zen Garden to enjoy your morning yoga. Also, there is an outbuilding with two rooms and a full bath. Sale includes 6,273 sq' parcel at 505 Market Street. Close to beaches, harbor and all the downtown amenities. Plenty of off street parking for up to 6 vehicles. Convenient commute access to highways 1 and 17. Come enjoy your own private oasis!

Property Details

Property Features

Property Information:

  • Year Built: 1944
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Bailey Properties
  • Office Phone: (831) 688-7434
  • Listing Agent: Paul Wilson

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Refrigerator
  • Interior: Workshop

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Grant St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $1,624/SqFt

Tax Information:

  • Annual Amount: $7,648
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Cruz, CA.

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Santa Cruz, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$885

Avg. Days On Market

45

# of Sold Homes

39

507 Market St vs Santa Cruz

85 DAYS ON ROCKET

+40 Days

$1,299,000

-$51K Less

$1,624/SqFt

+$739 More

KEY TAKEAWAY

This property is $51K less than the Median Sold Price and $739/SqFt more than other homes in Santa Cruz, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81977569

Listing Office:

  • Office Name: Bailey Properties
  • Office Phone: (831) 688-7434
  • Listing Agent: Paul Wilson

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: 11/15/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2020Home Sold
$648,000
Dec 05, 1997Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,648$654,713
2020$3,263$256,188
2019$3,202$251,166
2018$3,203$246,240
2017$3,166$241,412

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-322925
5
/10

  • Gault Elementary School

  • 1320 Seabright Ave

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-322926
6
/10

  • DeLaveaga Elementary School

  • 1145 Morrissey Blvd

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-322927
5
/10

  • Green Acres Elementary School

  • 966 Bostwick Ln

  • 1.51 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 $37,813. Typical income of Santa Cruz, CA residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Market St

What is the listing price of this property?

The listing price of 507 Market St property is $1,299,000.

What type of property is this?

The property 507 Market St is a house located in Santa Cruz, California, 95060.

Is this property for sale now?

Active Listing: 507 Market St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,648 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2020 for $648,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Market St has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 507 Market St is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Market St is 1944.

Rocket Homes›California›Santa Cruz County›Santa Cruz›95060›507 Market St

This home is located at 507 Market St in Santa Cruz, CA and zip code 95060 in the Banana Belt neighborhood. This 800 square foot home, which was built in 1944, sits on a 0.43 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,299,000.

In October 2024, from all listings sold in Santa Cruz, CA there were more than 15 sold above asking price, over 11 sold below and more than 12 were sold right at the asked price. Between September 2024 and October 2024, Santa Cruz, CA real estate market has seen increase in the number of listings by 22.5%. Listings spent 45 days on the market in October 2024, and had a median list price of $1,350,000 during the same period.

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

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