NOT LISTED FOR SALE
8 Beds
5 Baths
2,097 Sq Ft
3,136 Sq Ft Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $1,075,000 $513 Per Sq Ft

20 Days on Market

Highlights

  • Radiant Floor
  • Heating Available
  • 1-minute walk to Watsonville Parks & Recreation Youth Soccer League
  • Security Fence
  • 1-Story Property

About This Home

As of October 2021

Calling ALL INVESTORS!!! Excellent Investment opportunity in heart of downtown Watsonville!

Last Agent to Sell the Property

Chuck Fischer

El Camino Realty License #00755878 Listed on: 09/03/2021

Last Buyer's Agent

Marvin Christie

Anderson Christie, Inc. License #01894395

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • 3,136 Sq Ft Lot
  • Security Fence
  • Mostly Level

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,097 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Radiant Floor
  • Laminate
  • Tile
  • Vinyl

Parking

  • 1 Carport Space
  • On-Street Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $109,272

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $2,551
  • Maintenance Expense $3,654
  • Manager Expense $8,661
  • Other Expense $1,832
  • Utility Expense $4,971
  • Trash Expense $6,800
  • Operating Expense $32,269
  • Gross Income $107,867

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

3,136 Sq Ft Lot

Listing Details

  • Zoning: RM-3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2097
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 2097
  • Stories: 1
  • Security: Security Fence
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: On Street
  • Carport Min: 1

Utilities

  • Heating System: Electric, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Unknown

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.0720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3136.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3136.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 9.80
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2551
  • Expense Maintenance: 3654
  • Expense Management: 8661
  • Expenses Other: 1832
  • Expenses Total: 32269
  • Expenses Utility: 4971
  • Expense Trash: 6800
  • Income Annual Gross: 107867.00
  • Income Annual Rental: 109272
  • Income Gross Scheduled: 110068
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 796
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Miscellaneous/Other, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 2

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
Sep 3, 2021
Closed on
Oct 28, 2021
Sold by
Bought by
Seller's Agent
Chuck Fischer
El Camino Realty
Buyer's Agent
Marvin Christie
Anderson Christie, Inc.
List Price
$1,079,000
Sold Price
$1,075,000
Premium/Discount to List
-$4,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2010
Sold by
Bought by

Purchase Details

Closed on
May 31, 2005
Sold by
Bought by
Source: Public Records
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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
$1,075,000 First American Title Company
-- 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
Open $806,250
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
10/29/2021 10/29/21 Sold $1,075,000 -0.4% $513 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $1,079,000 -- $515 / 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 $13,728 $1,140,798 $822,436 $318,362
2023 $13,278 $1,096,500 $790,500 $306,000
2022 $13,039 $1,075,000 $775,000 $300,000
2021 $3,710 $306,959 $115,112 $191,847
2020 $3,657 $303,812 $113,932 $189,880
2019 $3,594 $297,855 $111,698 $186,157
2018 $3,505 $292,015 $109,508 $182,507
2017 $3,476 $286,288 $107,362 $178,926
2016 $3,386 $280,674 $105,256 $175,418
2015 $3,376 $276,458 $103,674 $172,784
2014 $3,304 $271,044 $101,644 $169,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861243

MLSListings

APN: 017-601-29-000

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