NOT LISTED FOR SALE

124 Pine St Santa Cruz, CA 95062

Upper Seabright Neighborhood

Estimated Value: $1,362,000 - $1,691,000

3 Beds
2 Baths
1,697 Sq Ft
$878/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $760,000 $448 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,874/month

20 Days on Market

About This Home

As of December 2013

Terrific Seabright DUPLEX in excellent location near boardwalk and beaches. Downstairs unit is a one bedroom, one bath with an open floor plan, generous kitchen and substantial back yard. Upstairs unit is a two bedroom, one bath with a sun drenched deck. This is a sound investment opportunity or live in one and rent the other.

Last Agent to Sell the Property

Alistair Craft

Christie's International Real Estate Sereno License #01402715 Listed on: 10/15/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Alistair Craft

Christie's International Real Estate Sereno License #01402715 Listed on: 10/15/2013

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,403

Year Built

  • 1962

Lot Details

  • 3,267

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,697 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $41,400
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 1,697 Sq Ft Building

Building Details

  • Gardener Expense $1,360
  • Insurance Expense $987
  • Maintenance Expense $960
  • Manager Expense $4,140
  • Other Expense $450
  • Operating Expense $16,783
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,403

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Duplex
  • Age: 51
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 447.85
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1697
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 1697
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, In Garage, Laundry Area - In Unit
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3267.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3267.00
  • Lot Size Area Min Search: 3267.00
  • Maximum Lot Size: 3267.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.82

Multi Family

  • Expense Insurance: 987
  • Expense Landscape: 1360
  • Expense Maintenance: 960
  • Expense Management: 4140
  • Expenses Other: 450
  • Expenses Total: 16783
  • Expense Water Sewer: 2280
  • Income Annual Gross: 41400.00
  • Income Annual Rental: 41400
  • Income Gross Scheduled: 41400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Williams John Leroy and Williams Lenore Michele
Bought by
Williams Family 2005 Living Trus
Current Estimated Value
$1,462,398

Purchase Details

Closed on
Aug 20, 2019
Sold by
Williams John L and Williams Lenore M
Bought by
Collins Kathleen Lenore and Collins Jason Lee

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 25, 2013
Sold by
Collins Jason
Bought by
Collins Kathleen
Seller's Agent
Alistair Craft
Christie's International Real Estate Sereno
Buyer's Agent
Alistair Craft
Christie's International Real Estate Sereno
List Price
$779,000
Sold Price
$760,000
Premium/Discount to List
-$19,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Molinaro Jeffrey C and Molinaro Josephine R
Bought by
Molinaro Jeffrey C and Molinaro Josephine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2002
Sold by
Molinaro Jeffrey and Molinaro Josephine
Bought by
Molinaro Jeffrey C and Molinaro Josephine R

Purchase Details

Closed on
Oct 23, 2001
Sold by
Molinaro Jeffrey
Bought by
Molinaro Jeffrey and Molinaro Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.12%

Purchase Details

Closed on
Oct 12, 2001
Sold by
Molinaro Josephine
Bought by
Molinaro Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.12%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Williams Family 2005 Living Trus -- --
Collins Kathleen Lenore -- None Available
Collins Kathleen -- Old Republic Title Company
Collins Kathleen $760,000 Old Republic Title Company
Molinaro Jeffrey C -- Accommodation
Molinaro Jeffrey C -- Accommodation
Molinaro Jeffrey C -- --
Molinaro Jeffrey -- Santa Cruz Title Company
Molinaro Jeffrey -- Santa Cruz Title Company
Molinaro Jeffrey $555,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Kathleen $125,000
Previous Owner Collins Kathleen $430,000
Previous Owner Collins Kathleen $443,500
Previous Owner Collins Kathleen $450,000
Previous Owner Molinaro Jeffrey C $526,500
Previous Owner Molinaro Jeffrey $440,000
Previous Owner Smith Linda $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2013 12/04/13 Sold $760,000 -2.4% $448 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $779,000 -- $459 / 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 $10,403 $931,658 $600,674 $330,984
2023 $10,277 $895,478 $577,348 $318,130
2022 $10,161 $877,920 $566,028 $311,892
2021 $9,951 $860,708 $554,930 $305,778
2020 $9,873 $851,882 $549,240 $302,642
2019 $9,659 $835,178 $538,470 $296,708
2018 $9,549 $818,802 $527,912 $290,890
2017 $9,426 $802,746 $517,559 $285,187
2016 $8,908 $787,006 $507,411 $279,595
2015 $8,660 $775,185 $499,790 $275,395
2014 $8,589 $760,000 $490,000 $270,000
Source: Public Records

Agents Affiliated with this Home

  • Alistair Craft

    Seller's Agent in 2013

    Alistair Craft

    Sereno Group

    (831) 234-1092

    2 in this area

    86 Total Sales

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Map

Source: MLSListings

MLS Number: ML81337828

MLSListings

APN: 010-153-13-000

California Santa Cruz County Santa Cruz 95062 Upper Seabright

124 Pine St, Santa Cruz, CA

This home is located at 124 Pine St, Santa Cruz, CA 95062 since 15 October 2013 and is currently estimated at $1,489,459, approximately $877 per square foot. This property was built in 1962. 124 Pine St is a home located in Santa Cruz County with nearby schools including Gault Elementary School, Mission Hill Middle School, and Santa Cruz High School.

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