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126 Cedar St
Score
63
Santa Cruz, CA

126 Cedar St

1.9M
3 bd • 2 ba • 1,900 sf

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

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Property Overview

List Price
$1,850,000
+31%vs 95060
Price/Sq.Ft
$974
+6%vs 95060
Above Fair Value
2.8% above range

Current Price

$1,850,000

Fair Range

$1,700,000 - $1,800,000

$1,850,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$1,725,000
Success Probability:High(75%)

AI Rationale

This offer reflects market value, considering the property's condition, updates, and risks. The seller's potential motivation due to the listing duration supports this strategy.

Overall Score
63
81
Home Condition
85
Natural Light
45
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Front Steps and Railings
Front Steps and Railings

Front Steps and Railings

The front steps are painted gray, which can appear cold and unwelcoming. The black railings also contribute to a somewhat stark appearance.

Traditional Staircase
Traditional Staircase

Traditional Staircase

The staircase has a traditional design that may not appeal to modern buyers.

Vintage Lighting
Vintage Lighting

Vintage Lighting

The vintage lighting fixtures, while charming, may not be energy-efficient and could be updated.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jul
2024
$0Financed
July 8, 2024
From:Cindi Busenhart
To:Christopher J Busenhart
Intrafamily Transfer
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$1,850,000
-30%List: $1,850,000+30%
20%
$370,000of $1,850,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$492,075
Closing Costs
+$122,075
Down Payment
$370,000
Buyer Agent Fee
$47,175
Loan Fees
$14,800
Title & Escrow
$11,100
Inspections
$900
Transfer Tax
$20,350
Prepaid Expenses
$27,750

* 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

5
/10
Limited Buyer Power
Market Speed
0 days
vs 37 day average
This is a new listing, while homes in this area typically sell in 37 days
Inventory Health
45
homes for sale
14 homes sold last month, indicating 3.2x more supply than demand
Price Dynamics
99.6%
of asking price
Homes typically sell for 0.4% below asking price

Price Trajectory

$1,360,000
Current median price
+20.9%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are down 1.1% over the last 3 months
3 Months
-1.1%
6 Months
-2.9%
1 Year
+20.9%

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.

Historical Comparison
Current Value
$1,360,000
3 Months Ago
$865,000
+57.2%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,850,000
Price/sqft
$974
Layout
3 bd2 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,700,833

8.8%

Your price is 8.8% above average

Median Price

$1,710,000

8.2%

Based on 6 recent sales

Price per Sq.Ft

$1,022

4.7%

Your price is 4.7% below average $/sqft

Comparable Properties

104 Ross Street, Santa Cruz, CA 95060
Price: $1,800,000
Sq.Ft: 1,842
Beds/Baths: 3/2
$/Sq.Ft:
$9770.4%
Sale Date: 2/28/2025
817 Columbia Street, Santa Cruz, CA 95060
Price: $1,950,000
Sq.Ft: 1,550
Beds/Baths: 3/2
$/Sq.Ft:
$1,25829.2%
Sale Date: 3/4/2025
625 Highland Avenue, Santa Cruz, CA 95060
Price: $1,675,000
Sq.Ft: 1,680
Beds/Baths: 2/2
$/Sq.Ft:
$9972.4%
Sale Date: 1/31/2025
928 Walnut Avenue, Santa Cruz, CA 95060
Price: $1,710,000
Sq.Ft: 1,664
Beds/Baths: 2/2
$/Sq.Ft:
$1,0285.5%
Sale Date: 1/6/2025
928 Walnut Avenue, Santa Cruz, CA 95060
Price: $1,710,000
Sq.Ft: 1,664
Beds/Baths: 2/2
$/Sq.Ft:
$1,0285.5%
Sale Date: 1/6/2025
231 Union Street, Santa Cruz, CA 95060
Price: $1,360,000
Sq.Ft: 1,613
Beds/Baths: 3/2
$/Sq.Ft:
$84313.4%
Sale Date: 11/16/2024

Schools

Nearby school quality by education level

Middle

5.0/10
Average

High

9.0/10
Excellent

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

69/100
Good

Based on data from Santa Cruz Police Department

Total Crime Rate
2883.0
per 100,000 residents
Violent Crime Rate
971.0
per 100,000 residents
Property Crime Rate
1874.5
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
1,000
Property Crimes
2,266
2023
Violent Crimes
942
5.8%
Property Crimes
1,558
31.2%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the 'half' of the roof that was reportedly replaced. Look for mismatched shingles, differences in weathering, and proper flashing around vents and chimneys.

Thoroughly inspect the downstairs bathroom remodel, paying close attention to grout lines, caulking, and plumbing connections under the sink and toilet.

Inspect the foundation for cracks, especially around the perimeter and in the basement (if applicable). Look for signs of water intrusion or settling.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation for the 'half' roof replacement, including the contractor's information, warranty details, and scope of work performed?

Were permits pulled for the kitchen and downstairs bathroom remodels? If so, can you provide copies of the permits and inspection reports?

Given the multi-family zoning, has the property been used as a duplex in the past? If so, what modifications would be needed to convert it back to a duplex?

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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