NOT LISTED FOR SALE

159 Pryce St Santa Cruz, CA 95060

Estimated Value: $1,096,000 - $1,230,480

4 Beds
3 Baths
1,544 Sq Ft
$755/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2021

Last sale price $939,000 $608 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,223 / mo

11 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Ceiling Fan
  • Mission Hill Middle School Rated A-
  • Tile Countertops
  • Fenced

About This Home

As of January 2021

Just a short jaunt to downtown's Pacific Garden Mall, beaches, shopping, dining and all amenities, AND, if you absolutely have to commute your just a block or so to both Highway 1 and 17! This wonderful, duplex with two bedrooms and 1 bath on each side features fresh exterior paint; new retaining wall; each unit with dedicated spacious yards and garages. A deck perfect to enjoy a sunny day or BBQ, single level, laundry hookups for each in the respective garages unit. Long term tenants would love to stay if possible- but also perfect to live in one and rent the other @ $2,400 rent will pay for approx $400,000 in total cost! Please note: financial's are based on projected rental income of $2,450 per unit. Or really hit a home run and make both rentals to cover all costs and create a wonderful shelter! Opportunities like this don't come on the market often make sure to make this beauty yours!

Last Agent to Sell the Property

Tyanne Scaletti

Bailey Properties License #01336421 Listed on: 11/27/2020

Co-Listed By

Pat Simmons

Bailey Properties License #01211263

Last Buyer's Agent

Dena Levey

eXp Realty of California Inc License #01758190

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 6,055 Sq Ft Lot
  • Fenced
  • Sloped Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $961
  • Utility Expense $3,840
  • Trash Expense $960
  • Operating Expense $12,761
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

6,055 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Style: Unknown
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1544
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Exhaust Fan, Oven Range - Electric
  • Living Sq Ft: 1544
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Rolled Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Common Parking Area, On Street, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer In Street

Lot Info

  • Lot Description: Grade - Side Slope
  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6055.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6055.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.97
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 961
  • Expenses Total: 12761
  • Expenses Utility: 3840
  • Expense Trash: 960
  • Income Annual Gross: 58800.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 6, 2021
Sold by
Stoltenkamp Sandra J and Stoltenkamp David
Bought by
Guzman Guillermo Santos and Santos Sergio Guzman
Seller's Agent
Tyanne Scaletti
Bailey Properties
Buyer's Agent
Dena Levey
eXp Realty of California Inc
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$1,166,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,120
Avg. Annual Appreciation
4.25%
Original Mortgage
$859,889
Outstanding Balance
$767,454
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$398,666

Purchase Details

Closed on
Sep 8, 2017
Sold by
Stoltenkamp Sandra J
Bought by
Stoltenkamp Sandra J and The David & Sandra Stoltenkamp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2003
Sold by
Stoltenkamp David R and Stoltenkamp Sandra J
Bought by
Stoltenkamp David R and Stoltenkamp Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Stoltenkamp David R and Stoltenkamp Sandra J
Bought by
Stoltenkamp David R and Stoltenkamp Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Stoltenkamp David R and Stoltenkamp Sandra J
Bought by
Stoltenkamp David R and Stoltenkamp Sandra J

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bruzzone John A and Bruzzone Berna
Bought by
Stoltenkamp David R and Stoltenkamp Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
8.67%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Galloway Kenneth and Galloway Pauline B
Bought by
Bruzzone John A and Bruzzone Berna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
8.25%
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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Purchase History

Date Buyer Sale Price Title Company
Guzman Guillermo Santos $939,000 Stewart Title Of Ca Inc
Stoltenkamp Sandra J -- Old Republic Title Company
Stoltenkamp Sandra J -- Old Republic Title Company
Stoltenkamp David R -- --
Stoltenkamp David R -- Santa Cruz Title Company
Stoltenkamp David R -- --
Stoltenkamp David R $441,000 Santa Cruz Title Company
Bruzzone John A $212,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Guillermo Santos $859,889
Previous Owner Stoltenkamp Sandra J $210,000
Previous Owner Stoltenkamp David R $124,000
Previous Owner Stoltenkamp David R $241,000
Previous Owner Bruzzone John A $169,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $939,000 0.0% $608 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $939,000 -- $608 / 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 $11,319 $1,016,404 $713,322 $303,082
2023 $11,182 $976,936 $685,624 $291,312
2022 $11,056 $957,780 $672,180 $285,600
2021 $7,320 $613,916 $417,630 $196,286
2020 $7,264 $607,621 $413,348 $194,273
2019 $7,106 $595,707 $405,243 $190,464
2018 $7,028 $584,026 $397,297 $186,729
2017 $6,941 $572,575 $389,507 $183,068
2016 $6,569 $561,348 $381,870 $179,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81821570

MLSListings

APN: 008-561-16-000

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