121 Kennan St
This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$1,995,000
Fair Range
$1,800,000 - $2,100,000
Negotiation Leverage
4 points to consider in your offer
Recommended Offer
AI Rationale
The offer reflects a 5% reduction from the list price, considering $55k in kitchen and bathroom renovations, $10k for exterior work, and the property's 37 days on market.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Outdated Kitchen
The kitchen features outdated cabinets, countertops, and appliances, indicating a need for a complete renovation.
Outdated Bathrooms
The bathrooms are outdated with old fixtures, tile, and vanities, requiring a full remodel.
Weathered Front Porch
The front porch shows signs of wear and tear, including weathered wood and potentially unstable steps.
Outdated Carpet and Flooring
The interior features outdated carpet and flooring throughout, which needs replacement.
Multi-Unit Dwelling
The property appears to have multiple units, which may require specific zoning or permitting considerations.
Deteriorated Carport
The open carport shows signs of deterioration and could benefit from structural repairs or a complete rebuild.
Tile Countertops and Backsplash
The tile countertops and backsplash in the bathrooms and kitchen are dated and worn.
Wood-Paneled Cabinets
The wood-paneled cabinets in the bathrooms and kitchen are outdated and show wear.
Worn Carpet
The carpet in the living room and bedrooms appears worn and stained.
Red Picket Fence
The red picket fence is an unusual color choice and may not appeal to all buyers. It also appears to be in need of repainting or replacement.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Kitchen Renovation
Bathroom Remodel
Full Kitchen Renovation
Bathroom Renovations (2)
Carpet Replacement and Flooring Updates
Bathroom Renovations
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Days on market increasing 50.8% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 2 comparable properties nearby
Average Price
$1,207,500
Your price is 65.2% above average
Median Price
$1,965,000
Based on 2 recent sales
Price per Sq.Ft
$509
Your price is 7.2% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 142-144 Morrissey Boulevard, Santa Cruz, CA 95062 | $1,965,000 | 3,858 | N/A | N/A | $5097.8% | 1/18/2025 |
| 609 May Avenue, Santa Cruz, CA 95060 | $450,000 | N/A | N/A | N/A | N/A | 1/10/2025 |
Schools
Nearby school quality by education level
Middle
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 3 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Safety Analysis
Based on data from Santa Cruz Police Department
Crime Rate Comparison
Recent Crime Trends
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Tour Checklist
Key items to inspect during your property tour
Inspect the cedar shingles closely for rot, insect damage, and the presence of moss or algae, especially on north-facing sides and near the ground.
Thoroughly inspect the foundation for cracks, water stains, or signs of settling, paying close attention to the perimeter of each unit.
Questions to Ask
Important questions to ask during the tour
Can you provide a detailed history of rental income and expenses for each unit over the past 3-5 years?
Are there any known issues with the plumbing, electrical, or HVAC systems in any of the units?
Have there been any insurance claims filed for flood or fire damage in the past 5-10 years?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
Property Discussion
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Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
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