NOT LISTED FOR SALE

105 Sudden St Watsonville, CA 95076

Estimated Value: $976,000 - $1,142,621

6 Beds
3 Baths
2,442 Sq Ft
$437/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $705,000 $289 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,584/month

11 Days on Market

Highlights

  • Post and Beam
  • Walk-In Closet
  • Level Lot
  • Double Pane Windows
  • Tile Flooring
  • 3-minute walk to Callaghan Park

About This Home

As of May 2016

Here is a Great Opportunity: two 3 bedroom homes on one property, just blocks away from Mintie White Elementary and downtown. This is a good income property for an investor or an owner who may occupy one while earning income on the other. Both homes are currently rented and have a good income history. Both bungalows have separate dining areas, high ceilings, beautiful wood built-ins, large basement areas, good size backyards and many updates, including electrical, plumbing and bathrooms. There are not many properties like this in Watsonville or in the county, so Carpe Diem!

Last Agent to Sell the Property

Susan Bolster-Grant

Christie's International Real Estate Sereno License #01331769 Listed on: 02/26/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Aldina Maciel

Aldina Real Estate License #01121286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,693

Year Built

  • 1912

Lot Details

  • 9,757 Sq Ft Lot
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Post and Beam
  • Bungalow
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,442 Sq Ft Home
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $55,080

Community Details

Overview

  • 2,442 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $943
  • Maintenance Expense $1,200
  • Manager Expense $3,000
  • Utility Expense $1,320
  • Operating Expense $12,312
  • Gross Income $55,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,693

Year Built

1912

Lot Details

0

Listing Details

  • Zoning: 2 SFR Single Parcel
  • Subclass: Duplex
  • Style: Bungalow
  • Age: 104
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2442
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 2442
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9757.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9757.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Number Of Leased: 2

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expense Insurance: 943
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expense Management: 3000
  • Expenses Total: 12312
  • Expenses Utility: 1320
  • Income Annual Gross: 55080.00
  • Income Annual Rental: 55080
  • Income Gross Scheduled: 55080
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 11, 2016
Sold by
Sorcenelli Anne Marie
Bought by
Serpa Maria D and Serpa Jose Serpa
Seller's Agent
Susan Bolster-Grant
Christie's International Real Estate Sereno
Buyer's Agent
Aldina Maciel
Aldina Real Estate
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Current Estimated Value
$1,060,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,121
Avg. Annual Appreciation
4.55%
Original Mortgage
$518,300
Outstanding Balance
$414,912
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$651,243

Purchase Details

Closed on
May 10, 2013
Sold by
Ziegler Marion D and Ziegler Toni M
Bought by
Mcavoy Tracy J and Sorcenelli Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2009
Sold by
Bank Of America National Association
Bought by
Mcavoy Tracy J and Sorcenelli Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2008
Sold by
Juarez Victor Manuel
Bought by
Lasalle Bank Na and Washington Mutual Mortgage Pass Through

Purchase Details

Closed on
Jul 18, 2008
Sold by
Barrera Josefina Mendez
Bought by
Juarez Victor Manuel

Purchase Details

Closed on
Nov 2, 2006
Sold by
Juarez Victor Manuel
Bought by
Juarez Victor Manuel and Barrera Josefina Mendez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Pavlovich Robert P and Pavlovich Sandra L
Bought by
Juarez Victor Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Pavlovich Robert P and Pavlovich Sandra L
Bought by
Pavlovich Robert P and Pavlovich Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Pavlovich Robert P and Pavlovich Sandra L
Bought by
Pavlovich Robert P and Pavlovich Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
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
Serpa Maria D $705,000 Stewart Title Of Ca Inc
Mcavoy Tracy J -- Old Republic Title Company
Mcavoy Tracy J $400,000 Chicago
Lasalle Bank Na $391,000 None Available
Juarez Victor Manuel -- Accommodation
Juarez Victor Manuel -- Accommodation
Juarez Victor Manuel $845,000 First American Title Company
Pavlovich Robert P -- --
Pavlovich Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serpa Maria D $518,300
Previous Owner Mcavoy Tracy J $291,000
Previous Owner Mcavoy Tracy J $300,000
Previous Owner Juarez Victor Manuel $676,000
Previous Owner Pavlovich Robert P $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $705,000 -6.0% $289 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $750,000 -- $307 / 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 $9,693 $834,577 $503,114 $331,463
2023 $9,547 $802,170 $483,578 $318,592
2022 $9,379 $786,441 $474,096 $312,345
2021 $9,223 $771,021 $464,800 $306,221
2020 $9,091 $763,115 $460,034 $303,081
2019 $8,931 $748,151 $451,013 $297,138
2018 $8,706 $733,482 $442,170 $291,312
2017 $8,632 $719,100 $433,500 $285,600
2016 $5,267 $435,132 $249,113 $186,019
2015 $5,249 $428,596 $245,371 $183,225
2014 $5,136 $420,201 $240,565 $179,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81562606

MLSListings

APN: 018-162-22-000