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Sold for $825,000
  • $825,000

    121 Palo Verde Ter, Santa Cruz, CA 95060

    3beds
    1,237sqft
    Townhouse, Residential
    Built in 1973
    1,045 Square Feet Lot
    $813,700 Zestimate®
    $667/sqft
    $4,994 Estimated rent

    Home value

    $813,700

    $724,000 - $919,000

    $4,994/mo

    Zestimate® history
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    $4,994/mo

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    $6,020/mo

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    $6,020/mo

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    What's special

    Ocean view for under $1 Million?? Here is your opportunity to own one of these rarely available upper Westside Ocean view townhomes. Located close to UCSC with a strong rental history but would be ideal for anyone who recognizes how special a unit like this can be. The spacious floorplan allows for ample room to relax and enjoy the view, work from home or entertain your family and friends. Flooring has been upgraded with wood laminate, new interior paint including the kitchen cabinets, new light fixtures, new kitchen appliances, pantry, washer and dryer, two patios with storage closet and easy access to the adjacent assigned carport space from the second entry door. Area Schools Include UC Santa Cruz, Santa Cruz High School, Mission Hill Junior High School and West Lake Elementary. Convenient to University Terrace Park and Dog Park, Westlake Park and Historic Pogonip with 640 acres of hiking trails. Just down the hill are grocery stores, amazing restaurants, wine tasting and so much more. Historic downtown Santa Cruz, the Beach Boardwalk and Municipal Wharf are all only minutes away by car or bike as well.

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlie Duppen 01224626 831-588-1689,

    David Lyng Real Estate

    Bought with:

    Meenu Madan, 02249363

    KW Bay Area Estates

    Source: MLSListings Inc,MLS#: ML82016227MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bathroom
    • Features: ShoweroverTub1, HalfonGroundFloor
    Dining room
    • Features: DiningL
    Family room
    • Features: NoFamilyRoom
    Kitchen
    • Features: _220VoltOutlet, Countertop_Formica, Pantry
    Heating
    • Central Forced Air Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Range Hood, Electric Oven/Range, Refrigerator, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Carpet, Laminate, Vinyl Linoleum
    Interior area
    • Total structure area: 1,237
    • Total interior livable area: 1,237 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Common, Covered, Parking Restrictions
    • Carport spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio
    • Exterior features: Fenced
    • Pool features: Community
    • Has view: Yes
    • View description: Bay, Greenbelt, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    Lot
    • Size: 1,045 Square Feet
    Details
    • Parcel number: 00234212000
    • Zoning: RL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse, Residential
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Water Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Community Pool, Garden Greenbelt Trails
    • Services included: Sewer
    • HOA fee: $786 monthly
    Location
    • Region: Santa Cruz

    Financial & listing details

    • Price per square foot: $667/sqft
    • Tax assessed value: $825,694
    • Annual tax amount: $9,927
    • Date on market: 7/29/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    5/15/2026Listing removed$5,200$4/sqft
    Source: Zillow Rentals Report a problem
    4/28/2026Listed for rent$5,200+23.8%$4/sqft
    Source: Zillow Rentals Report a problem
    1/10/2026Listing removed$4,200$3/sqft
    Source: Zillow Rentals Report a problem
    12/31/2025Price change$4,200-8.6%$3/sqft
    Source: Zillow Rentals Report a problem
    10/23/2025Price change$4,595-6.2%$4/sqft
    Source: Zillow Rentals Report a problem
    10/1/2025Price change$4,900-3.4%$4/sqft
    Source: Zillow Rentals Report a problem
    9/17/2025Price change$5,075-7.3%$4/sqft
    Source: Zillow Rentals Report a problem
    9/6/2025Listed for rent$5,475$4/sqft
    Source: Zillow Rentals Report a problem
    9/5/2025Sold$825,000+0.7%$667/sqft
    Source: MLSListings Inc #ML82016227 Report a problem
    8/18/2025Pending sale$819,000$662/sqft
    Source: MLSListings Inc #ML82016227 Report a problem
    8/8/2025Contingent$819,000$662/sqft
    Source: MLSListings Inc #ML82016227 Report a problem
    7/29/2025Listed for sale$819,000+35.5%$662/sqft
    Source: MLSListings Inc #ML82016227 Report a problem
    12/14/2005Sold$604,500$489/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,927 +7.5%$825,694 +2%
    2024$9,234 +1.2%$809,504 +2%
    2023$9,123 +5.1%$793,631 +6.2%
    2022$8,679 +19.4%$747,095 +20.3%
    2021$7,271 -2.2%$620,916 -2.1%
    2020$7,432 -11.6%$634,238 -12.5%
    2019$8,407 +4%$725,000 +5.1%
    2018$8,081 +14%$690,000 +15.6%
    2017$7,085 +13.5%$596,713 +10%
    2016$6,240 +11%$542,466 +10%
    2015$5,620 +10.2%$493,151 +11%
    2014$5,102 $444,280 +24.6%
    2012-- $356,478 -4.8%
    2011-- $374,604 -17.3%
    2010-- $453,150
    2009-- $453,150 -18.5%
    2008-- $555,864 -9.8%
    2007-- $616,284 +2%
    2006-- $604,200 +797.3%
    2005-- $67,332 +2%
    2004-- $66,012 +1.9%
    2003-- $64,802 +2%
    2002-- $63,531 +2%
    2001-- $62,285 +2%
    2000-- $61,063
    Find assessor info on the county website

    Neighborhood: 95060

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: WestlakeElementary_1
    • Middle: MissionHill
    • High: SantaCruzHigh

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $813,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $813,700