NOT LISTED FOR SALE

101 Esplanade Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,423,718

-- Bed
2 Baths
3,870 Sq Ft
$368/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $1,212,000 $313 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,861/month

7 Days on Market

About This Home

As of January 2021

The iconic Sea Breeze Tavern at 101 Esplanade in Rio Del Mar is back on the market after a fire. Prior to that the building was approximately 3,800 square feet with two apartments upstairs and the first floor as the tavern. This is a great opportunity to purchase a beach front property. The vacant lot next door is NOT owned by seller.

Last Agent to Sell the Property

Paul Zech

Coldwell Banker Realty License #01965059 Listed on: 01/06/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1932

Lot Details

  • 1,830

Home Design

  • Slab Foundation
  • Composition Roof
  • Clay Roof

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property

Parking

  • No Garage
  • On-Street Parking

Additional Features

  • 1,830 Sq Ft Lot
  • No Heating

Community Details

Property Details

Home Type

Multi-Family

Year Built

1932

Lot Details

0

Listing Details

  • Zoning: C-1-L
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3870
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Living Sq Ft: 3870
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Clay, Composition

Garage/Parking

  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1830.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1830.00

Rental Info

  • Gross Rent Multiplier: 72.72

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 21, 2021
Sold by
Hollyvale Rental Holdings Llc
Bought by
Billawala Omar and Billawala Kawai
Seller's Agent
Paul Zech
Coldwell Banker Realty
Buyer's Agent
Paul Zech
Coldwell Banker Realty
List Price
$799,900
Sold Price
$1,212,000
Premium/Discount to List
$412,100
51.52%
Current Estimated Value
$1,423,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,718
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
May 15, 2020
Sold by
Champery Rental Reo Llc
Bought by
Hollyvale Rental Holding Llc

Purchase Details

Closed on
Feb 19, 2020
Sold by
Mcinnis Lawrence R and Unger Sarah
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
Sep 7, 2017
Sold by
Mcinnis Thomas Rich
Bought by
Seabreeze Tavern Llc

Purchase Details

Closed on
Jan 9, 2007
Sold by
Mcinnis Gabrielle
Bought by
Mcinnis Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2005
Sold by
Lee Bob and Hartman Deborah
Bought by
Mcinnis Rich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.72%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Billawala Omar $1,212,000 First Amer Ttl Co Los Angels
Hollyvale Rental Holding Llc -- Synrgo Inc
Champery Rental Reo Llc $1,043,100 Synrgo Inc
Seabreeze Tavern Llc -- None Available
Davis Tami Lee -- None Available
Mcinnis Lawrence R -- First American Title Company
Mcinnis Rich -- First American Title Company
Mcinnis Rich $1,351,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcinnis Lawrence R $1,320,000
Previous Owner Mcinnis Rich $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $1,212,000 +51.5% $313 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $799,900 -- $207 / 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
2025 $16,562 $1,311,908 $1,311,908 --
2023 $16,204 $1,260,965 $1,260,965 $0
2022 $15,841 $1,236,240 $1,236,240 $0
2021 $22,565 $1,869,166 $1,616,576 $252,590
2020 $21,037 $1,744,850 $1,553,325 $191,525
2019 $20,690 $1,710,637 $1,522,868 $187,769
2018 $19,664 $1,622,616 $1,441,258 $181,358
2017 $19,482 $1,590,807 $1,413,002 $177,805
2016 $18,781 $1,559,613 $1,385,295 $174,318
2015 $18,627 $1,536,185 $1,364,486 $171,699
2014 $18,189 $1,506,093 $1,337,757 $168,336
Source: Public Records

Agents Affiliated with this Home

  • Paul Zech

    Seller's Agent in 2021

    Paul Zech

    Coldwell Banker Realty

    (831) 247-3007

    2 in this area

    94 Total Sales

    Paul Zech
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Map

Source: MLSListings

MLS Number: ML81824741

MLSListings

APN: 042-151-23-000

California Santa Cruz County Aptos 95003 Rio del Mar

101 Esplanade, Aptos, CA

Not Listed for Sale

MultiFamily

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