NOT LISTED FOR SALE

112 Marina Ave Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $2,021,000 - $2,231,000

6 Beds
6 Baths
3,414 Sq Ft
$619/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2025

Last sale price $2,235,250 $655 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,809 / mo

22 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • Ceiling Fan
  • Aptos High School Rated A-
  • Tile Countertops
  • 2-minute walk to Rio del Mar State Beach

About This Home

As of February 2025

Investment opportunity by the beach. Live in one unit and lease the other two, or rent out all three units. Situated just behind the Seacliff Beach parking lot, each unit offers ocean views. Featuring a reverse floor plan, all units are identical with 2 bedrooms, 1.5 bathrooms, and in-unit laundry located on the first level alongside the bedrooms. An outdoor shower is available for rinsing off after a day at the beach. The upper level boasts a spacious living room and kitchen with an open-concept layout, offering stunning blue water and ocean views from both the living rooms and patios. High ceilings enhance the upstairs space. This is a charming property in an excellent location, presenting a fantastic opportunity. Welcome to your new beach investment property!

Last Agent to Sell the Property

Tina Schwendemann

Compass License #01461468 Listed on: 12/15/2024

Compass

Last Buyer's Agent

Shanne Carvalho

eXp Realty of California Inc License #01339231

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 2,831 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 3,414 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Parking

  • 3 Carport Spaces
  • No Garage
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

2,831 Sq Ft Lot

Listing Details

  • Zoning: C-1
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3414
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Refrigerator
  • Living Sq Ft: 3414
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Carport, No Garage, Off-Street Parking
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 826

Lot Info

  • Lot Acres: 0.0650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2831.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2831.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2024
Closed on
Feb 4, 2025
Sold by
Bought by
Seller's Agent
Tina Schwendemann
Compass
Buyer's Agent
Shanne Carvalho
eXp Realty of California Inc
List Price
$2,249,000
Sold Price
$2,235,250
Premium/Discount to List
-$13,750
-0.61%
Views
32
Current Estimated Value
$2,114,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,565
Avg. Annual Appreciation
-3.97%

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Michael Sibilia
Keller Williams Realty-Silicon Valley
Buyer's Agent
Tina Schwendemann
CENTURY 21 Masters
List Price
$2,400,000
Sold Price
$2,120,000
Premium/Discount to List
-$280,000
-11.67%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$1,696,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2017
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,235,500 Old Republic Title Company
$2,120,000 Old Republic Title Company
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,696,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $2,235,250 -0.6% $655 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/15/2024 12/15/24 For Sale $2,249,000 +6.1% $659 / Sq Ft
11/14/2023 11/14/23 Sold $2,120,000 -11.7% $621 / Sq Ft View Prior Sale
10/18/2023 10/18/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $2,400,000 -- $703 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,444 $2,162,400 $1,621,800 $540,600
2023 $7,757 $426,583 $152,352 $274,231
2022 $7,516 $418,220 $149,366 $268,854
2021 $7,185 $410,016 $146,435 $263,581
2020 $7,026 $405,814 $144,935 $260,879
2019 $12,270 $892,527 $535,146 $357,381
2018 $11,915 $875,027 $524,653 $350,374
2017 $6,575 $382,406 $136,576 $245,830
2016 $6,379 $374,908 $133,898 $241,010
2015 $6,174 $369,276 $131,886 $237,390
2014 $6,000 $362,042 $129,302 $232,740
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tina Schwendemann

    Compass

    Section Image
  • Shanne Carvalho

    Buyer's Agent in 2025

    Shanne Carvalho

    eXp Realty of California Inc

    (831) 588-2374

    14 in this area

    77 Total Sales

    Shanne Carvalho
    Section Image
  • Michael Sibilia

    Seller's Agent in 2023

    Michael Sibilia

    Keller Williams Realty-Silicon Valley

    (408) 626-9800

    1 in this area

    38 Total Sales

    Michael Sibilia
    Section Image
  • Daniel Chole

    Seller Co-Listing Agent in 2023

    Daniel Chole

    KW Thrive Santa Cruz

    (408) 767-8162

    2 in this area

    20 Total Sales

    Daniel Chole
    Section Image
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Map

Source: MLSListings

MLS Number: ML81988568

MLSListings

APN: 042-151-28-000

California Santa Cruz County Aptos 95003 Rio del Mar

112 Marina Ave, Aptos, CA

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