NOT LISTED FOR SALE

155 Stephen Rd Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,434,000 - $1,862,000

5 Beds
3 Baths
1,728 Sq Ft
$951/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $1,699,000 $983 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,404/month

162 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 3-minute walk to Rio del Mar State Beach
  • Aptos High School Rated A-

About This Home

As of June 2024

Located just Two Blocks from the Beach. Perfect for Investment, Second Home or Owner Occupied. Three Units. 3 Bedroom 1 Bath with Laundry. 2 Bedroom 1 Bath with Laundry. Studio Apartment with Kitchenette, Bathroom and Cozy Patio. Great Space. Great Location.

Last Agent to Sell the Property

Shelly Sherman

Bennett Realtors License #01164605 Listed on: 12/12/2023

Last Buyer's Agent

Shelly Sherman

Bennett Realtors License #01164605 Listed on: 12/12/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 1,786 Sq Ft Lot

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 042-161-08-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1962
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Number Of3 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate
  • Price Per Square Foot: 983.22
  • Square Footage: 1728.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1699000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Covered Parking Spaces: 3.00
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Other
  • Cooling: None
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Varies by Unit, Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Pajaro Valley Unified

Lot Info

  • Zoning Description: R1-4
  • Irrigation: None
  • Lot Size Acres: 0.0410
  • Lot Size Sq Ft: 1786.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Total Number Owner Occupied: 1

Tax Info

  • Assessor Parcel Number: 042-161-08-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Cruz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jun 7, 2024
Sold by
Fluetsch Michael A
Bought by
Kodaty Budati Trust and Kodaty
Seller's Agent
Shelly Sherman
Bennett Realtors
Buyer's Agent
Shelly Sherman
Bennett Realtors
List Price
$1,899,000
Sold Price
$1,699,000
Premium/Discount to List
-$200,000
-10.53%
Views
114
Current Estimated Value
$1,642,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,263
Avg. Annual Appreciation
-2.06%
Original Mortgage
$1,274,250
Outstanding Balance
$1,258,602
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$384,135

Purchase Details

Listed on
May 26, 2022
Closed on
Nov 16, 2022
Sold by
Robert And Mindy Chiang Family Trust
Bought by
Fluetsch Michael A
Seller's Agent
Ben Strock
eXp Realty of California Inc
Buyer's Agent
Shelly Sherman
Bennett Realtors
List Price
$2,000,000
Sold Price
$1,725,000
Premium/Discount to List
-$275,000
-13.75%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Original Mortgage
$1,194,000
Interest Rate
7.08%

Purchase Details

Listed on
May 26, 2022
Closed on
Oct 24, 2022
Sold by
Fluetsch Kristina L
Bought by
Fluetsch Michael A
Seller's Agent
Ben Strock
eXp Realty of California Inc
Buyer's Agent
Shelly Sherman
Bennett Realtors
List Price
$2,000,000
Sold Price
$1,725,000
Premium/Discount to List
-$275,000
-13.75%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Interest Rate
7.08%

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 28, 2020
Sold by
Schie David C
Bought by
Chiang Robert D and Chiang Mindy L
Seller's Agent
Ben Strock
Strock Real Estate
Buyer's Agent
Rob Chiang
Robert Chiang Real Estate ServicesIncorporated
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$1,012,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Schie Louise
Bought by
Schie David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2007
Sold by
Seyle Nicholas E
Bought by
Schie David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Wasserburger John W and Flynn Gary Williams
Bought by
Seyle Nicholas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kodaty Budati Trust $1,699,000 Old Republic Title Company
Fluetsch Michael A $1,725,000 Old Republic Title
Fluetsch Michael A -- Old Republic Title
Chiang Robert D $1,350,000 Chicago Title Company
Schie David C -- First American Title Company
Schie David C $920,000 First American Title Company
Seyle Nicholas E $850,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodaty Budati Trust $1,274,250
Previous Owner Fluetsch Michael A $1,194,000
Previous Owner Chiang Robert D $1,012,500
Previous Owner Schie David C $495,000
Previous Owner Seyle Nicholas E $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2024 06/12/24 Sold $1,699,000 0.0% $983 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $1,699,000 -5.6% $983 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,799,000 -5.3% $1,041 / Sq Ft
12/12/2023 12/12/23 For Sale $1,899,000 +10.1% $1,099 / Sq Ft
11/21/2022 11/21/22 Sold $1,725,000 -4.1% $998 / Sq Ft View Prior Sale
10/24/2022 10/24/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $1,799,000 -5.3% $1,041 / Sq Ft
08/01/2022 08/01/22 Price Changed $1,900,000 -2.6% $1,100 / Sq Ft
07/05/2022 07/05/22 Price Changed $1,950,000 -2.5% $1,128 / Sq Ft
05/26/2022 05/26/22 For Sale $2,000,000 +48.1% $1,157 / Sq Ft
11/05/2020 11/05/20 Sold $1,350,000 0.0% $781 / Sq Ft View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,350,000 -- $781 / Sq Ft
Source: MetroList

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 $22,283 $1,732,980 $1,212,780 $520,200
2023 $21,809 $1,725,000 $1,207,000 $518,000
2022 $17,920 $1,377,000 $969,000 $408,000
2021 $17,427 $1,350,000 $950,000 $400,000
2020 $14,847 $1,127,065 $735,042 $392,023
2019 $14,579 $1,104,965 $720,629 $384,336
2018 $14,166 $1,083,299 $706,499 $376,800
2017 $14,012 $1,062,058 $692,646 $369,412
2016 $13,619 $1,041,234 $679,065 $362,169
Source: Public Records

Agents Affiliated with this Home

  • Shelly Sherman

    Seller's Agent in 2024

    Shelly Sherman

    Bennett Realtors

    (209) 327-2029

    3 in this area

    102 Total Sales

    Shelly Sherman
    Section Image
  • Ben Strock

    Seller's Agent in 2022

    Ben Strock

    eXp Realty of California Inc

    (831) 247-0922

    68 in this area

    370 Total Sales

    Ben Strock
    Section Image

  • R

    Buyer's Agent in 2020

    Rob Chiang

    Robert Chiang Real Estate ServicesIncorporated

    Section Image
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Map

Source: MetroList

MLS Number: 223116213

MetroList

APN: 042-161-08-000

California Santa Cruz County Aptos 95003 Rio del Mar

155 Stephen Rd, Aptos, CA

Not Listed for Sale

MultiFamily

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