Paul Burrowes
David Lyng Real Estate
(831) 480-0660
44 Total Sales
2 in Capitola
$421K - $450K Price Range
1740 42nd Ave Capitola, CA 95010
Capitola Area
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2018
Closed on
Feb 13, 2018
Sold by
Bought by
Seller's Agent
Bri Steel
TSG Premier Realty
Buyer's Agent
Bri Steel
TSG Premier Realty
List Price
$1,250,000
Sold Price
$1,285,000
Premium/Discount to List
$35,000
2.8%
Purchase Details
Closed on
Jan 8, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 7, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 25, 1998
Sold by
Bought by
Purchase Details
Closed on
Jun 19, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Capitola, CA
-
Paul Burrowes
-
Tim Proschold
Tim Proschold
Luxuriant Realty
(650) 753-7481
28 Total Sales
1 in Capitola
$765,000 Price
-
Bonafede Team
Bonafede Team
Responds QuicklyCompass
(669) 266-0177
261 Total Sales
1 in Capitola
$1,025,000 Price
-
Kim Richman
Kim Richman
Compass
(669) 230-0411
79 Total Sales
1 in Capitola
$3,058,888 Price
-
Geneva Lawless
Geneva Lawless
David Lyng Real Estate
(831) 708-9272
86 Total Sales
3 in Capitola
$565K - $2.6M Price Range
-
Jeff Wickum
Jeff Wickum
Epique Realty
(831) 246-9727
29 Total Sales
2 in Capitola
$260K - $328K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,285,000 | First American Title Company | ||
| $685,000 | First American Title Company | ||
| $415,000 | Santa Cruz Title Company | ||
| -- | Santa Cruz Title Company | ||
| -- | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $548,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
| 2015 | $8,992 | $763,622 | $562,962 | $200,660 |
| 2014 | $8,823 | $748,664 | $551,934 | $196,730 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2018
Bri Steel
TSG Premier Realty
Map
Source: MLSListings
MLS Number: ML81689841
APN: 034-121-13
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