B
Seller's Agent in 2018
Bri Steel
TSG Premier Realty
1740 42nd Ave Capitola, CA 95010
4
Beds
3
Baths
1,542
Sq Ft
4,225
Sq Ft Lot
Highlights
- Quartz Countertops
- Mission Hill Middle School Rated A-
- Washer and Dryer
About This Home
As of February 2018Exceptional income-producing property with 3 units/cottages in the heart of Capitola. Everything is a short walk or bike ride away- Pleasure Point, Capitola Village, movie theaters, restaurants, and shopping. Property has been meticulously cared for with a low maintenance yard that is cleverly organized for all the necessary toys: surfboards, stand-up paddle boards, bikes, and a VW camper van. Each unit has it's own private patio area and storage shed. The front unit is a 2 bedroom 1 bath cottage with hardwood floors, skylights, and french doors. The middle studio has been completely remodeled with designer "tiny home" elements such as a built-in wall-bed, sofa and coffee table. The back unit is a nice large studio, with an updated bathroom and a sunny, gated courtyard. The driveway provides parking for up to five cars. If you have been looking for the perfect Capitola investment property or an awesome home with rental income, this is it! Always rented and always in demand!
Last Agent to Sell the Property
Bri Steel
TSG Premier Realty License #01977946 Listed on: 01/23/2018
Last Buyer's Agent
Bri Steel
TSG Premier Realty License #01977946 Listed on: 01/23/2018
Property Details
Home Type
- Multi-Family
Year Built
- 1949
Lot Details
- 4,225
Parking
- 5 Parking Spaces
Home Design
- 1,542 Sq Ft Home
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Kitchen
- Electric Cooktop
- Quartz Countertops
Additional Features
- Washer and Dryer
- 4,225 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $68,400
Community Details
Overview
- 1,542 Sq Ft Building
Building Details
- 2 Leased Units
- Insurance Expense $1,500
- Utility Expense $2,640
- Operating Expense $12,140
- Gross Income $68,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2018 02/15/18 | Sold | $1,285,000 | +2.8% | $833 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 01/23/2018 01/23/18 | For Sale | $1,250,000 | -- | $811 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $18,774 | $1,462,111 | $1,024,047 | $438,064 |
| 2023 | $18,304 | $1,405,336 | $984,282 | $421,054 |
| 2022 | $18,039 | $1,377,780 | $964,982 | $412,798 |
| 2021 | $16,045 | $1,350,765 | $946,061 | $404,704 |
| 2020 | $15,887 | $1,336,914 | $936,360 | $400,554 |
| 2019 | $15,514 | $1,310,700 | $918,000 | $392,700 |
| 2018 | $9,983 | $806,588 | $594,638 | $211,950 |
| 2017 | $9,847 | $790,772 | $582,978 | $207,794 |
| 2016 | $9,315 | $775,268 | $571,548 | $203,720 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLSListings
MLS Number: ML81689841
APN: 034-121-13
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