NOT LISTED FOR SALE

101 San Augustine Way Scotts Valley, CA 95066

Estimated Value: $1,615,387 - $1,760,000

8 Beds
4 Baths
3,300 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $1,670,000 $506 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,189/month

58 Days on Market

About This Home

As of June 2024

Rare opportunity to own a two-story fourplex building with private backyards and carports. Level, sunny lot in a very nice Scotts Valley location. Investment property!

Last Agent to Sell the Property

Russell Gross

Russell E. Gross Real Estate License #00887251 Listed on: 03/15/2024

Last Buyer's Agent

Anderson Christie

Anderson Christie, Inc. License #01894395

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 7,449 Sq Ft Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Maintenance Expense $1,200
  • Manager Expense $5,760
  • Utility Expense $2,240
  • Trash Expense $1,468
  • Operating Expense $31,868
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Zoning: R1-10
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 3300
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1710
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7449.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7449.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.71
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 1200
  • Expense Maintenance: 1200
  • Expense Management: 5760
  • Expenses Total: 31868
  • Expenses Utility: 2240
  • Expense Trash: 1468
  • Income Annual Gross: 96000.00
  • Income Annual Rental: 96000
  • Income Gross Scheduled: 96000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jun 10, 2024
Sold by
Olivas Family Bypass Trust and Olivas Lenore
Bought by
Raffo Michael and Raffo Katrina
Seller's Agent
Russell Gross
Russell E. Gross Real Estate
Buyer's Agent
Anderson Christie
Anderson Christie, Inc.
List Price
$1,700,000
Sold Price
$1,670,000
Premium/Discount to List
-$30,000
-1.76%
Views
82
Current Estimated Value
$1,660,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,153
Avg. Annual Appreciation
-0.32%
Original Mortgage
$885,000
Outstanding Balance
$871,065
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$789,782

Purchase Details

Closed on
Aug 15, 1994
Sold by
Olivas James Robert and Olivas Family Trust
Bought by
Olivas James Robert and Olivas Family Bypass Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raffo Michael $1,670,000 Old Republic Title Company
Olivas James Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raffo Michael $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $1,670,000 -1.8% $506 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $1,700,000 0.0% $515 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,700,000 -- $515 / 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 $7,909 $1,703,400 $1,091,400 $612,000
2023 $7,612 $449,062 $126,908 $322,154
2022 $7,365 $440,256 $124,418 $315,838
2021 $7,126 $431,624 $121,980 $309,644
2020 $6,957 $427,198 $120,728 $306,470
2019 $6,885 $418,822 $118,362 $300,460
2018 $6,410 $410,608 $116,040 $294,568
2017 $6,191 $402,554 $113,764 $288,790
2016 $5,879 $394,662 $111,534 $283,128
2015 $5,724 $388,734 $109,858 $278,876
2014 $5,509 $381,120 $107,706 $273,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81957770

MLSListings

APN: 022-023-01-000

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