NOT LISTED FOR SALE

100 Fanmar Way Capitola, CA 95010

Estimated Value: $2,035,000 - $2,747,000

5 Beds
2 Baths
2,883 Sq Ft
$776/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $2,080,000 $721 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,659/month

127 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 1-minute walk to Noble Gulch Park
  • Main Street Elementary School Rated A-

About This Home

As of September 2023

Amazing location In Capitola Central Village only steps away from Capitola surf and Village!!! Opportunity to live in one and rent the others, or rent all 3 units for great income! 3 updated units feature updated bathrooms with designer tile, quartz countertops, and new light and plumbing fixtures. Updated kitchens with stainless appliances, quartz counters and wood laminate flooring, dual pane windows and more!!! A 2 bedroom 1 bath (upstairs unit C) with vaulted ceilings great light and good ocean view, another 2 bedroom 1 bath and a large 1/1 with a large deck off the living area for entertaining and sunbathing + ocean views from the deck! 2 car carport and 1 car garage and enough storage space below to build a 4th unit or...? Grassy backyard with firepit! A rare location and wonderful property!

Last Agent to Sell the Property

Mark Delano Vincent

Coldwell Banker Realty License #01436652 Listed on: 05/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Mark Delano Vincent

Coldwell Banker Realty License #01436652 Listed on: 05/09/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,387

Year Built

  • 1940

Lot Details

  • 6,316 Sq Ft Lot

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,883 Sq Ft Home
  • Ceiling Fan

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $93,552

Community Details

Overview

  • 2,883 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Trash Expense $600
  • Operating Expense $16,257
  • Gross Income $94,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,387

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Zoning: R
  • Subclass: Triplex
  • Age: 83
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2883
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 2883

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport, Off-Street Parking, On Street
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High
  • Middle School: New Brighton Middle
  • High School: Soquel High
  • High School: 877
  • Middle School: 875

Lot Info

  • Lot Acres: 0.1450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6316.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6316.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 24.38
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expenses Total: 16257
  • Expense Trash: 600
  • Income Annual Gross: 94152.00
  • Income Annual Rental: 93552
  • Income Gross Scheduled: 94152
  • Income Includes: Rents, Storage Area
  • Income Other: 600
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Services - Trash Removal
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Sep 20, 2023
Sold by
Champery Rental Reo Llc
Bought by
Demattei Family 2001 Trust and Demattei
Seller's Agent
Mark Delano Vincent
Coldwell Banker Realty
Buyer's Agent
Mark Delano Vincent
Coldwell Banker Realty
List Price
$2,400,000
Sold Price
$2,080,000
Premium/Discount to List
-$320,000
-13.33%
Total Days on Market
127
Views
286
Current Estimated Value
$2,236,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,635
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Oct 5, 2021
Sold by
Hollyvale Rental Holdings Llc
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
May 5, 2020
Sold by
Champery Rental Reo Llc
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Jan 11, 2019
Sold by
Hollyvale Rental Holdings Llc
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
Jan 5, 2016
Sold by
Macfarland John B
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Aug 18, 2010
Sold by
Macfarland John B
Bought by
Macfarland Kim D

Purchase Details

Closed on
Mar 2, 2007
Sold by
Macfarland John B and John B Macfarland Trust
Bought by
Macfarland John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
1.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Demattei Family 2001 Trust $2,080,000 First American Title
Champery Rental Reo Llc -- None Available
Hollyvale Rental Holdings Llc -- None Available
Champery Rental Reo Llc -- None Available
Hollyvale Rental Holdings Llc $870,000 Fatcola
Macfarland Kim D -- First American Title
Macfarland Ian -- First American Title
Macfarland John B -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollyvale Rental Holdings Llc $504,000
Previous Owner Hollyvale Rental Holdings Llc $696,000
Previous Owner Hollyvale Rental Holdings Llc $202,000
Previous Owner Hollyvale Rental Holdings Llc $20,000,000
Previous Owner Macfarland John B $157,000
Previous Owner Macfarland John B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $2,080,000 -9.4% $721 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $2,295,000 -4.4% $796 / Sq Ft
05/09/2023 05/09/23 For Sale $2,400,000 -- $832 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2023 $14,387 $1,058,181 $694,076 $364,105
2022 $14,158 $1,037,433 $680,467 $356,966
2021 $13,775 $1,017,091 $667,124 $349,967
2020 $13,589 $1,006,662 $660,284 $346,378
2019 $13,268 $986,924 $647,337 $339,587
2018 $13,012 $967,572 $634,644 $332,928
2017 $12,809 $948,600 $622,200 $326,400
2016 $3,777 $151,786 $55,058 $96,728
2015 $3,492 $149,506 $54,231 $95,275
2014 $3,379 $146,578 $53,169 $93,409
Source: Public Records

Agents Affiliated with this Home

  • Mark Delano Vincent

    Seller's Agent in 2023

    Mark Delano Vincent

    Coldwell Banker Realty

    (831) 295-3446

    75 Total Sales

    Mark Delano Vincent
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Map

Source: MLSListings

MLS Number: ML81927660

MLSListings

APN: 035-151-22-000

California Santa Cruz County Capitola 95010

100 Fanmar Way, Capitola, CA

This home is located at 100 Fanmar Way, Capitola, CA 95010 since 09 May 2023 and is currently estimated at $2,236,635, approximately $775 per square foot. This property was built in 1940. 100 Fanmar Way is a home located in Santa Cruz County with nearby schools including Main Street Elementary School, New Brighton Middle School, and Mission Hill Middle School.

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