NOT LISTED FOR SALE

1 Amesti Rd Watsonville, CA 95076

Estimated Value: $828,000 - $872,000

4 Beds
2 Baths
1,632 Sq Ft
$522/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2019

Last sale price $650,000 $398 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,421 / mo

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Carpet
  • 1-Story Property

About This Home

As of May 2019

Excellent investment opportunity! Do not miss this rare opportunity to purchase this great duplex in an outstanding rental market. Current month to month tenants have been onsite for 25 & 7 years and would love to stay. Rents are currently at approx 1,850 per month each side. Both units can be left as is or improved for a higher rental price point. First open house will be 3/30/19 from 12 pm- 3pm. Please do not disturb tenants.

Last Agent to Sell the Property

John Schneide

Intero Real Estate Services License #00523562 Listed on: 03/26/2019

Intero Real Estate Services

Co-Listed By

Kateryna Davydova

Intero Real Estate Services License #01971915

Last Buyer's Agent

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 11,500 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $44,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $5,118
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Zoning: R-1-15
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1632
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 1632
  • Stories: 1
  • Flooring: Carpet, Laminate

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Expenses Total: 5118
  • Income Annual Gross: 44400.00
  • Income Annual Rental: 44400
  • Income Gross Scheduled: 44400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 22, 2019
Sold by
Sanchez Family Trust
Bought by
Prime Homes Of Ct Llc
Seller's Agent
John Schneide
Intero Real Estate Services
Buyer's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$854,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,168
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Sanchez Guadalupe A and Sanchez Consuelo M
Bought by
The G & C Sanchez Family Lp

Purchase Details

Closed on
Nov 8, 1994
Sold by
Sanchez Guadalupe A and Sanchez Consuelo M
Bought by
Sanchez Guadalupe A and Sanchez Consuelo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,125
Interest Rate
8.78%

Purchase Details

Closed on
Oct 25, 1994
Sold by
Gorostieta Carlos V and Gorostieta Elizabeth L
Bought by
Sanchez Guadalupe A and Sanchez Consuelo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,125
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Prime Homes Of Ct Llc $650,000 First American Title Company
The G & C Sanchez Family Lp -- --
Sanchez Guadalupe A -- --
Sanchez Guadalupe A $241,500 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Sanchez Guadalupe A $181,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2019 05/05/19 Sold $650,000 +4.0% $398 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $625,000 -- $383 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,472 $725,088 $557,760 $167,328
2023 $9,253 $696,931 $536,101 $160,830
2022 $9,016 $683,266 $525,589 $157,677
2021 $8,714 $669,869 $515,284 $154,585
2020 $8,585 $663,000 $510,000 $153,000
2019 $5,292 $363,652 $203,285 $160,367
2018 $5,188 $356,522 $199,299 $157,223
2017 $5,140 $349,531 $195,391 $154,140
2016 $4,968 $342,678 $191,560 $151,118
2015 $4,841 $337,531 $188,683 $148,848
2014 $4,719 $330,919 $184,987 $145,932
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Schneide

    Intero Real Estate Services

    (650) 931-8300

    3 Total Sales

    John Schneide
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kateryna Davydova

    Intero Real Estate Services

    Section Image
  • Raeid Farhat

    Buyer's Agent in 2019

    Raeid Farhat

    Raeid Farhat Real Estate Inc

    (831) 840-3902

    3 in this area

    103 Total Sales

    Raeid Farhat
    Section Image
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Map

Source: MLSListings

MLS Number: ML81744206

MLSListings

APN: 050-251-20-000

California Santa Cruz County Watsonville 95076

1 Amesti Rd, Watsonville, CA

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