NOT LISTED FOR SALE

116 Maple Ave Watsonville, CA 95076

Estimated Value: $944,857 - $1,513,000

8 Beds
4 Baths
2,918 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $945,000 $324 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,295/month

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-minute walk to Watsonville Parks & Recreation Youth Soccer League
  • Victorian Architecture
  • Level Lot

About This Home

As of September 2024

This property can be a real charmer. Lots of potential to improve the building and income to current rates. Great location. Built in !905, 2900+ square foot Victorian, modified to a 4 unit building. New Foundation after the 1989 earthquake. Short walking distance to Main St shopping, Cabrillo Collage annex, dinning and entertainment in downtown Watsonville. Large parcel (9365 Sq Ft) has room to add 1 or more units or covered parking.

Last Agent to Sell the Property

Paul Bailey

Bailey Properties License #00546781 Listed on: 09/28/2024

Last Buyer's Agent

Susan Massa-Thomas

Cheetah License #01336393

Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Lot Details

  • 9,365 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,918 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Parking

  • 6 Parking Spaces
  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $54,000

Community Details

Overview

Building Details

  • Insurance Expense $1,500
  • Utility Expense $1,300
  • Trash Expense $9,600
  • Operating Expense $13,979
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

0

Listing Details

  • Zoning: Multiple units
  • Subclass: Fourplex
  • Style: Victorian
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 2918
  • Stories: 2
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: No Garage, Off-Street Parking, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 828

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9365.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9365.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.43

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expenses Total: 13979
  • Expenses Utility: 1300
  • Expense Trash: 9600
  • Income Annual Gross: 54000.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Rents
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Sep 26, 2024
Sold by
Winter Family Trust and Winter Douglas M
Bought by
Melgoza Fabiola and Crocker John Berri
Seller's Agent
Paul Bailey
Bailey Properties
Buyer's Agent
Susan Massa-Thomas
Cheetah
List Price
$995,000
Sold Price
$945,000
Premium/Discount to List
-$50,000
-5.03%
Current Estimated Value
$1,124,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,714
Avg. Annual Appreciation
15.07%
Original Mortgage
$756,000
Outstanding Balance
$748,261
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$376,453

Purchase Details

Closed on
Jan 21, 2023
Sold by
Medeiros Keith A and Medeiros Anne
Bought by
Winter Shaunna

Purchase Details

Closed on
Jun 14, 2018
Sold by
Winter Shaunna
Bought by
Winter Family Trust and Winter
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
Melgoza Fabiola $945,000 Stewart Title Of California
Winter Shaunna -- --
Winter Family Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgoza Fabiola $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $945,000 -5.0% $324 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $995,000 -- $341 / 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 $16,613 $945,000 $750,000 $195,000
2023 $1,579 $84,821 $31,220 $53,601
2022 $1,541 $83,158 $30,608 $52,550
2021 $1,175 $81,528 $30,008 $51,520
2020 $1,161 $80,691 $29,700 $50,991
2019 $1,139 $79,109 $29,118 $49,991
2018 $1,109 $77,558 $28,547 $49,011
2017 $1,097 $76,038 $27,987 $48,051
2016 $1,068 $74,547 $27,438 $47,109
2015 $1,062 $73,427 $27,026 $46,401
2014 $1,039 $71,989 $26,497 $45,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81982027

MLSListings

APN: 017-601-36-000