NOT LISTED FOR SALE

139 Marina Ave Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,038,000 - $1,615,000

4 Beds
2 Baths
1,406 Sq Ft
$898/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $1,250,000 $889 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,121/month

13 Days on Market

Highlights

  • Tile Flooring
  • Aptos High School Rated A-
  • 2-minute walk to Rio del Mar State Beach

About This Home

As of May 2023

Welcome to beautiful Rio Del Mar Beach. This Solid Duplex is just one block from the Ocean !!! VACATION rental possibilities.

Last Agent to Sell the Property

Robert Desimpel

Bay Residential License #00748537 Listed on: 04/01/2023

Last Buyer's Agent

Robert Desimpel

Bay Residential License #00748537 Listed on: 04/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 1,786

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,406 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 1,786 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $907
  • Maintenance Expense $500
  • Manager Expense $4,632
  • Utility Expense $600
  • Trash Expense $600
  • Operating Expense $12,939
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1406
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1406
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

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

Lot Info

  • Lot Acres: 0.0410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1786.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1786.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.98
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 907
  • Expense Maintenance: 500
  • Expense Management: 4632
  • Expenses Total: 12939
  • Expenses Utility: 600
  • Expense Trash: 600
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 5, 2023
Sold by
Vonahnen Trudy and De Leon Trudi
Bought by
Youssef Family Trust and Youssef
Seller's Agent
Robert Desimpel
Bay Residential
Buyer's Agent
Robert Desimpel
Bay Residential
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Views
18
Current Estimated Value
$1,261,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,885
Avg. Annual Appreciation
0.36%
Original Mortgage
$625,000
Outstanding Balance
$607,398
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$654,487

Purchase Details

Closed on
May 10, 2004
Sold by
Deleon Paul and Deleon Trudi Von Ahnen
Bought by
Deleon Paul

Purchase Details

Closed on
Aug 19, 1998
Sold by
Deleon Paul L
Bought by
Deleon Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.91%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Deleon Paul
Bought by
Deleon Paul

Purchase Details

Closed on
Jun 5, 1997
Sold by
Sidebottom Richard B and Sidebottom Judith M
Bought by
Deleon Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.98%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Sidebottom Richard B and Sidebottom Judith M
Bought by
Sidebottom Richard B and Sidebottom Judith M
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

Date Buyer Sale Price Title Company
Youssef Family Trust $1,250,000 Chicago Title
Deleon Paul -- --
Deleon Paul -- First American Title Co
Deleon Paul -- --
Deleon Paul $235,000 First American Title Ins Co
Sidebottom Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youssef Family Trust $625,000
Previous Owner Deleon Paul $178,500
Previous Owner Deleon Paul $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $1,250,000 -3.5% $889 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $1,295,000 -- $921 / 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 $6,346 $1,300,500 $1,040,400 $260,100
2023 $6,149 $367,884 $187,855 $180,029
2022 $5,968 $360,670 $184,171 $176,499
2021 $5,697 $353,598 $180,560 $173,038
2020 $5,577 $349,972 $178,708 $171,264
2019 $5,474 $343,110 $175,204 $167,906
2018 $5,307 $336,382 $171,769 $164,613
2017 $5,235 $329,787 $168,401 $161,386
2016 $5,083 $323,321 $165,099 $158,222
2015 $4,944 $318,464 $162,619 $155,845
2014 $4,811 $312,226 $159,434 $152,792
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Desimpel

    Bay Residential

    (408) 605-1093

    1 in this area

    10 Total Sales

    Robert Desimpel
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Map

Source: MLSListings

MLS Number: ML81920184

MLSListings

APN: 042-162-40-000

California Santa Cruz County Aptos 95003 Rio del Mar

139 Marina Ave, Aptos, CA

Not Listed for Sale

MultiFamily

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