Seller's Agent in 2019
Willie Eagleton
Coldwell Banker Realty
(831) 345-9258
35 Total Sales
1015 E Cliff Dr Santa Cruz, CA 95062
Upper Seabright Neighborhood
12
Beds
8
Baths
3,090
Sq Ft
0.43
Acres Lot
Highlights
- Ocean View
- 0.43 Acre Lot
- Forced Air Heating System
- Mission Hill Middle School Rated A-
- Victorian Architecture
- Level Lot
About This Home
As of September 2019ATTENTION INVESTORS! This multi-unit property has a favorable CAP RATE with strong rental history, inquire for details! Just under a half acre FLAT LOT, complete with ocean and boardwalk views. The large parcel may present improvement possibilities - buyer to verify with the City of Santa Cruz. This unique property is centrally located, has yards/private space for each unit, and lots of off-street parking. The upside potential of this cannot be overstated. Close to bus routes, the amenities of the Seabright area such as Seabright Brewery, Betty Burgers, and Java Junction, and is located just a block from Seabright Beach. This property is priced to sell, so don't miss out! In the event of a completed foreclosure sale under the current deed of trust before Close of Escrow under any Purchase Agreement, Seller reserves the right to cancel the Agreement.
Last Agent to Sell the Property
Coldwell Banker Realty License #02044561 Listed on: 09/21/2019
Property Details
Home Type
- Multi-Family
Year Built
- 1870
Lot Details
- 18,557 Sq Ft Lot
- Level Lot
Property Views
- Ocean
- City Lights
Home Design
- 3,090 Sq Ft Home
- Quadruplex
- Victorian Architecture
- Composition Roof
Parking
- 10 Parking Spaces
- Off-Street Parking
- Assigned Parking
Utilities
- Forced Air Heating System
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $152,400
Community Details
Overview
- 3,090 Sq Ft Building
Building Details
- 1 Leased Unit
- Insurance Expense $3,000
- Maintenance Expense $15,000
- Operating Expense $36,700
- Gross Income $152,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2019 09/27/19 | Sold | $1,500,000 | +36.5% | $485 / Sq Ft |
| 09/22/2019 09/22/19 | Pending | -- | -- | -- |
| 09/21/2019 09/21/19 | For Sale | $1,099,000 | -- | $356 / 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 | $18,165 | $1,640,469 | $1,257,693 | $382,776 |
| 2023 | $17,945 | $1,576,767 | $1,208,855 | $367,912 |
| 2022 | $17,742 | $1,545,851 | $1,185,152 | $360,699 |
| 2021 | $17,371 | $1,515,540 | $1,161,914 | $353,626 |
| 2020 | $17,235 | $1,500,000 | $1,150,000 | $350,000 |
| 2019 | $7,290 | $602,317 | $391,507 | $210,810 |
| 2018 | $7,211 | $590,508 | $383,831 | $206,677 |
| 2017 | $7,123 | $578,929 | $376,305 | $202,624 |
| 2016 | $6,747 | $567,577 | $368,926 | $198,651 |
Source: Public Records
Agents Affiliated with this Home
-
Willie Eagleton
-
Sean Poudrier
Buyer's Agent in 2019
Sean Poudrier
Coldwell Banker Realty
(831) 531-7171
1 in this area
71 Total Sales
Map
Source: MLSListings
MLS Number: ML81769609
APN: 010-203-04
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