NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
0.47 Acres

Last Sold September 23, 2015

Last sale price $1,200,000 $375 Per Sq Ft

27 Days on Market

Highlights

  • 0.47 Acre Lot
  • Guest Parking
  • 1-Story Property
  • Mission Hill Middle School Rated A-

About This Home

As of September 2015

Best multi residential offering available in our county. Two separate duplexes, each built on separate parcels initially, county just combined to one. 1/2 acre parcel, new roofs, exterior paint, garage doors, windows, base rocked driveways, surveyed. All units need interior remodeling/components: flooring, kitchen, baths, paint....likely about $25,000 per unit to have a finished product. Each unit will have attached garage, and very large yards in good location. Small amount of time left to get these cheap

Last Agent to Sell the Property

Michael Crain

Thunderbird Real Estate License #01273407 Listed on: 08/19/2015

Thunderbird Real Estate

Last Buyer's Agent

Deb Hoyt

Hoyt & Hufford License #00666318

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.47

Parking

  • 5 Car Garage
  • Guest Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Additional Features

  • 0.47 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $112,800

Community Details

Overview

  • 3,200 Sq Ft Building

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $2,500
  • Maintenance Expense $2,500
  • Operating Expense $21,500
  • Gross Income $112,800

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

5

Listing Details

  • Zoning: R 1-5
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3200
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 20
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Room For Oversized Vehicle

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.4650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20273.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20273.00

Rental Info

  • Gross Rent Multiplier: 10.20

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 1500
  • Expense Maintenance: 2500
  • Expenses Total: 21500
  • Income Annual Gross: 112800.00
  • Income Annual Rental: 112800
  • Income Gross Scheduled: 112800
  • Meters: Master Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $1,200,000 +4.3% $375 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $1,150,000 +24.1% $359 / Sq Ft
06/30/2015 06/30/15 Sold $927,000 +9.1% $299 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $849,900 -- $274 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81500732

MLSListings

APN: 026-063-15-000