NOT LISTED FOR SALE

103 San Augustine Way Scotts Valley, CA 95066

Estimated Value: $1,217,000 - $1,487,000

4 Beds
2 Baths
1,500 Sq Ft
$883/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,265,000 $843 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,160/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Vine Hill Elementary School Rated A-
  • 1-Story Property

About This Home

As of April 2024

Rare opportunity to own a Single-level duplex unit with a detached garage. Flat, sunny lot in nice Scotts Valley location. Perfect investment.

Last Agent to Sell the Property

Russell Gross

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

Last Buyer's Agent

Brian Dediego

Epique Realty License #01132198

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 7,275 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $52,980

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $2,500
  • Manager Expense $3,150
  • Utility Expense $996
  • Trash Expense $912
  • Operating Expense $21,558
  • Gross Income $52,980

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

7,275 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R1-10
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 1500
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1670
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7275.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7275.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.59
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 1500
  • Expense Management: 3150
  • Expenses Total: 21558
  • Expenses Utility: 996
  • Expense Trash: 912
  • Income Annual Gross: 52980.00
  • Income Annual Rental: 52980
  • Income Gross Scheduled: 52980
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Sewer, 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 4, 2024
Sold by
Brazil Jacob and Brazil Jamie
Bought by
J A Brazil Family Trust and Brazil
Seller's Agent
Russell Gross
Russell E. Gross Real Estate
Buyer's Agent
Brian Dediego
Epique Realty
List Price
$1,250,000
Sold Price
$1,265,000
Premium/Discount to List
$15,000
1.2%
Views
33
Current Estimated Value
$1,324,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,616
Avg. Annual Appreciation
2.51%
Original Mortgage
$500,000
Outstanding Balance
$492,328
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$832,288

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 23, 2024
Sold by
Olivas Family Bypass Trust and Olivas Lenore
Bought by
Brazil Jacob and Brazil Jamie
Seller's Agent
Russell Gross
Russell E. Gross Real Estate
Buyer's Agent
Brian Dediego
Epique Realty
List Price
$1,250,000
Sold Price
$1,265,000
Premium/Discount to List
$15,000
1.2%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$492,328
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$832,288
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
J A Brazil Family Trust -- None Listed On Document
Brazil Jacob $1,265,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazil Jacob $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $1,265,000 +1.2% $843 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,250,000 -- $833 / 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 $4,276 $1,290,300 $1,071,000 $219,300
2023 $4,094 $246,010 $99,572 $146,438
2022 $3,967 $241,188 $97,620 $143,568
2021 $3,844 $236,458 $95,706 $140,752
2020 $3,758 $234,034 $94,724 $139,310
2019 $3,718 $229,444 $92,866 $136,578
2018 $3,419 $224,946 $91,046 $133,900
2017 $3,309 $220,536 $89,260 $131,276
2016 $3,144 $216,212 $87,510 $128,702
Source: Public Records

Agents Affiliated with this Home

  • Russell Gross

    Seller's Agent in 2024

    Russell Gross

    Russell E. Gross Real Estate

    (831) 464-4700

    4 in this area

    47 Total Sales

    Russell Gross
    Section Image
  • Brian Dediego

    Buyer's Agent in 2024

    Brian Dediego

    Epique Realty

    (831) 818-1276

    1 in this area

    14 Total Sales

    Brian Dediego
    Section Image
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Map

Source: MLSListings

MLS Number: ML81957768

MLSListings

APN: 022-023-02-000

California Santa Cruz County Scotts Valley 95066

103 San Augustine Way, Scotts Valley, CA

Not Listed for Sale

MultiFamily

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