NOT LISTED FOR SALE

14 Jefferson St Watsonville, CA 95076

Estimated Value: $897,000 - $1,423,000

4 Beds
4 Baths
2,278 Sq Ft
$525/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $680,000 $299 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,122/month

19 Days on Market

About This Home

As of May 2016

All units have had long term month to month tenants with no vacancies. Four units of one bedroom and one bath, two story building. All units are separately metered for water, gas & electricity. There is a 5th water meter that owner pays, it is about $50.00 every other month.

Last Agent to Sell the Property

Max K. Nosrati

CENTURY 21 Masters License #00949454 Listed on: 03/12/2016

CENTURY 21 Masters

Last Buyer's Agent

Manuel Ortiz, Jr.

Aldina Real Estate,Inc. License #01768926

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 2,744

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,278 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Additional Features

  • 2,744 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $49,800

Community Details

Overview

  • 2,278 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $1,579
  • Maintenance Expense $100
  • Operating Expense $8,574
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • Zoning: Res
  • Subclass: Fourplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2278
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Living Sq Ft: 2278
  • Stories: 2
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

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

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2744.28
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2744.28

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.36
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1579
  • Expense Maintenance: 100
  • Expenses Total: 8574
  • Income Annual Gross: 49800.00
  • Income Annual Rental: 49800
  • Income Gross Scheduled: 49800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Kline Sarita Gabriela
Bought by
Kline Daniel A
Current Estimated Value
$1,195,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2021
Sold by
Kline Daniel A and Boulter Dominic N
Bought by
Slightedge Equity Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2016
Closed on
May 12, 2016
Sold by
Golshan Ali and Jahangani Maryam
Bought by
Kline Daniel
Seller's Agent
Max K. Nosrati
CENTURY 21 Masters
Buyer's Agent
Manuel Ortiz, Jr.
Aldina Real Estate,Inc.
List Price
$715,000
Sold Price
$680,000
Premium/Discount to List
-$35,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$510,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2014
Closed on
Apr 2, 2014
Sold by
Berrelleza Adrian and Berrelleza Bertha
Bought by
Golshan Jahangani Living Revocable Trust
Seller's Agent
Maria Martin
Vanco Real Estate Executives
Buyer's Agent
Max K. Nosrati
CENTURY 21 Masters
List Price
$575,000
Sold Price
$557,500
Premium/Discount to List
-$17,500
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$418,125
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Brunetti Arnold R and Brunetti Colleen M
Bought by
Berrelleza Adrian and Berrelleza Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,430
Interest Rate
6.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 15, 1997
Sold by
Nielsen Stanley O and Nielsen Judith D
Bought by
Fiorovich Jeff

Purchase Details

Closed on
Jan 24, 1997
Sold by
Nielsen Stanley O and Nielsen Judith D
Bought by
Brunetti Arnold R and Brunetti Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,743
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kline Daniel A -- Stewart Title
Slightedge Equity Partners -- None Listed On Document
Kline Daniel A -- Stewart Title
Kline Daniel $680,000 Old Republic Title Company
Golshan Jahangani Living Revocable Trust $557,500 First American Title Company
Berrelleza Adrian $764,500 --
Fiorovich Jeff -- Santa Cruz Title Company
Brunetti Arnold R -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Daniel A $467,000
Previous Owner Kline Daniel A $467,000
Previous Owner Kline Daniel $510,000
Previous Owner Golshan Jahangani Living Revocable Trust $418,125
Previous Owner Berrelleza Adrian $535,430
Previous Owner Brunetti Arnold R $9,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2016 05/18/16 Sold $680,000 -4.9% $299 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $715,000 +28.3% $314 / Sq Ft
04/08/2014 04/08/14 Sold $557,500 -3.0% $245 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
02/09/2014 02/09/14 For Sale $575,000 -- $252 / Sq Ft
Source: MLSListings

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 $9,353 $804,982 $520,871 $284,111
2023 $9,212 $773,724 $500,644 $273,080
2022 $9,050 $758,553 $490,828 $267,725
2021 $8,900 $743,679 $481,204 $262,475
2020 $8,772 $736,054 $476,270 $259,784
2019 $8,618 $721,622 $466,932 $254,690
2018 $8,401 $707,472 $457,776 $249,696
2017 $8,330 $693,600 $448,800 $244,800
2016 $6,917 $577,310 $336,549 $240,761
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Max K. Nosrati

    CENTURY 21 Masters

    Section Image

  • M

    Buyer's Agent in 2016

    Manuel Ortiz, Jr.

    Aldina Real Estate,Inc.

    (831) 588-5876

    3 in this area

    12 Total Sales

    Manuel Ortiz, Jr.
    Section Image

  • M

    Seller's Agent in 2014

    Maria Martin

    Vanco Real Estate Executives

    Section Image
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Map

Source: MLSListings

MLS Number: ML81565002

MLSListings

APN: 018-252-15-000

California Santa Cruz County Watsonville 95076

14 Jefferson St, Watsonville, CA

Not Listed for Sale

MultiFamily

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