NOT LISTED FOR SALE

15 Richardson Ave Freedom, CA 95019

Estimated Value: $632,000 - $932,000

4 Beds
2 Baths
1,858 Sq Ft
$442/Sq Ft Est. Value

Last Sold December 08, 2015

Last sale price $480,000 $258 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,867/month

231 Days on Market

About This Home

As of December 2015

Older well taken care of bungalow type home with lots of character. Separate dining area and large kitchen. Large living room with lots of natural light. Master bedroom with patio door opening to back yard. One bedroom, one bath rental in rear of property in very good condition.

Last Agent to Sell the Property

John Espinoza

Casa Blanca Realty License #00477281 Listed on: 02/16/2015

Casa Blanca Realty

Last Buyer's Agent

Marion Lyng

Christie's International Real Estate Sereno License #00600496

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,585

Year Built

  • 1938

Lot Details

  • 6,403

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • 1,858 Sq Ft Home
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Vinyl

Additional Features

  • 6,403 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $9,600

Community Details

Overview

  • 1,858 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Utility Expense $1,020
  • Trash Expense $540
  • Operating Expense $5,696
  • Gross Income $9,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,585

Year Built

1938

Lot Details

0

Parking

2

Listing Details

  • Zoning: R 1
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1858
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Living Sq Ft: 1858
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Uncovered Parking

Utilities

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

Schools

  • High School: 828

Lot Info

  • Lot Acres: 0.1470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6403.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6403.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 53.02
  • Number Of Leased: 1

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 5696
  • Expenses Utility: 1020
  • Expense Trash: 540
  • Income Annual Gross: 9408.00
  • Income Annual Rental: 9600
  • Income Gross Scheduled: 9600
  • Income Includes: Owners Unit Rental, Rents
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal
  • Tenant Expenses: Services - Trash Removal
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Rodriguez Edmundo
Bought by
Rodriguez Edmundo and Rodriguez Maria L
Current Estimated Value
$820,896

Purchase Details

Listed on
Feb 16, 2015
Closed on
Dec 2, 2015
Sold by
Rodriguez Edmundo and Manuel L & Mary B Rodriguez Tr
Bought by
Mejia Erin and Mejia Ruben
Seller's Agent
John Espinoza
Casa Blanca Realty
Buyer's Agent
Marion Lyng
Christie's International Real Estate Sereno
List Price
$509,000
Sold Price
$480,000
Premium/Discount to List
-$29,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$471,306
Outstanding Balance
$371,223
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$449,673

Purchase Details

Closed on
May 27, 2004
Sold by
Rodriguez Manuel L and Rodriguez Mary B
Bought by
Rodriguez Edmundo and Rodriguez Mary B

Purchase Details

Closed on
Aug 20, 2002
Sold by
Rodriguez Manuel and Rodriguez Mary
Bought by
City Of Watsonville

Purchase Details

Closed on
Nov 8, 2001
Sold by
Rodriguez Edmundo and Rodriguez Maria L
Bought by
Rodriguez Manuel and Rodriguez Mary
Source: Public Records

Range of Values:

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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
Rodriguez Edmundo -- None Available
Mejia Erin $480,000 Stewart Title Of Ca Inc
Rodriguez Edmundo -- --
City Of Watsonville -- --
Rodriguez Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Erin $471,306
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2015 12/08/15 Sold $480,000 -5.7% $258 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $509,000 -- $274 / 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 $6,585 $568,223 $349,220 $219,003
2023 $6,388 $546,158 $335,660 $210,498
2022 $6,275 $535,449 $329,078 $206,371
2021 $6,171 $524,951 $322,626 $202,325
2020 $6,082 $519,567 $319,317 $200,250
2019 $5,973 $509,379 $313,056 $196,323
2018 $5,822 $499,392 $306,918 $192,474
2017 $5,772 $489,600 $300,900 $188,700
2016 $3,030 $255,936 $67,293 $188,643
2015 $3,002 $252,090 $66,282 $185,808
2014 $2,936 $247,152 $64,983 $182,169
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Espinoza

    Casa Blanca Realty

    Section Image

  • M

    Buyer's Agent in 2015

    Marion Lyng

    Sereno Group

    Section Image
  • Lyng & Watson

    Buyer Co-Listing Agent in 2015

    Lyng & Watson

    Sereno Group

    (831) 254-8654

    10 in this area

    31 Total Sales

    Lyng & Watson
    Section Image

  • A

    Buyer Co-Listing Agent in 2015

    Adelina Valdez

See All Agents

Map

Source: MLSListings

MLS Number: ML81499658

MLSListings

APN: 014-171-19-000

California Santa Cruz County Freedom 95019

15 Richardson Ave, Freedom, CA

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