NOT LISTED FOR SALE

1871 43rd Ave Capitola, CA 95010

Estimated Value: $1,472,648 - $2,362,000

3 Beds
3 Baths
1,876 Sq Ft
$938/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $920,000 $490 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $10,301/month

3 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Cottage
  • Mission Hill Middle School Rated A-
  • Granite Countertops
  • Beamed Ceilings

About This Home

As of July 2018

Beautiful Upgraded Capitola Duplex with a large 2br/2bth (owners unit?) with huge Industrial style Loft master suite and full baths on both levels, Granite kitchen in larger unit and tile kitchen in 1 br , both have separate yard and parking. Hardwood, tile and laminate floors, dual pane windows, upgraded tile baths etc.

Last Agent to Sell the Property

Alex Johnson

David Lyng Real Estate License #01029037 Listed on: 07/02/2018

David Lyng Real Estate

Last Buyer's Agent

Jessica L. Wallace

Coldwell Banker Realty License #01455690

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard

Home Design

  • Duplex
  • Cottage
  • Wood Frame Construction
  • Smart Vent Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,876 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Storage Room
  • Attic Fan

Kitchen

  • Gas Oven
  • Range Hood
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $46,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $650
  • Insurance Expense $694
  • Maintenance Expense $600
  • Other Expense $387
  • Utility Expense $2,704
  • Operating Expense $10,535
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Style: Cottage
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1876
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1950

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Tile, Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1876
  • Security: Varies By Unit
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight

Schools

  • High School: 877

Lot Info

  • Lot Acres: 0.0700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3049.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3049.00

Green Features

  • Energy Features: Attic Fan, Double Pane Windows, Low Flow Shower, Low Flow Toilet, Smart Vent Roof

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.23
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas
  • Expense Insurance: 694
  • Expense Landscape: 650
  • Expense Maintenance: 600
  • Expenses Other: 387
  • Expenses Total: 10535
  • Expenses Utility: 2704
  • Income Annual Gross: 46800.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Income Includes: Rents
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 24, 2018
Sold by
Childs Nicholas I
Bought by
Haag Volker
Seller's Agent
Alex Johnson
David Lyng Real Estate
Buyer's Agent
Jessica L. Wallace
Coldwell Banker Realty
List Price
$899,995
Sold Price
$920,000
Premium/Discount to List
$20,005
2.22%
Current Estimated Value
$1,760,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,412
Avg. Annual Appreciation
9.11%
Original Mortgage
$644,000
Outstanding Balance
$559,356
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,201,056

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 20, 2018
Sold by
Childs Nicholas I and Huenergadt Amy L
Bought by
Childs Nicholas I
Seller's Agent
Alex Johnson
David Lyng Real Estate
Buyer's Agent
Jessica L. Wallace
Coldwell Banker Realty
List Price
$899,995
Sold Price
$920,000
Premium/Discount to List
$20,005
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$559,356
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,201,056

Purchase Details

Closed on
Apr 7, 2000
Sold by
Earle David M
Bought by
Childs Nicholas I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
4.5%

Purchase Details

Closed on
Apr 21, 1994
Sold by
Manning Charles and Manning Lynette
Bought by
Earle David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
4.25%
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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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
Haag Volker $920,000 First American Title
Childs Nicholas I -- First American Title Company
Childs Nicholas I $439,000 First American Title Co
Earle David M $227,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haag Volker $644,000
Previous Owner Childs Nicholas I $351,200
Previous Owner Earle David M $204,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $920,000 +2.2% $490 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $899,995 -- $480 / 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 $12,941 $1,026,278 $635,846 $390,432
2023 $12,688 $986,426 $611,155 $375,271
2022 $12,513 $967,084 $599,172 $367,912
2021 $12,196 $948,122 $587,423 $360,699
2020 $12,047 $938,400 $581,400 $357,000
2019 $11,763 $920,000 $570,000 $350,000
2018 $8,135 $593,007 $337,703 $255,304
2017 $8,008 $581,380 $331,082 $250,298
2016 $7,567 $569,980 $324,590 $245,390
2015 $7,303 $561,418 $319,714 $241,704
2014 $7,147 $550,420 $313,451 $236,969
Source: Public Records

Agents Affiliated with this Home

  • Alex Johnson

    Seller's Agent in 2018

    Alex Johnson

    David Lyng Real Estate

    (831) 234-5754

    3 in this area

    33 Total Sales

    Alex Johnson
    Section Image
  • Jessica L. Wallace

    Buyer's Agent in 2018

    Jessica L. Wallace

    Coldwell Banker Realty

    (831) 419-9345

    5 in this area

    147 Total Sales

    Jessica L. Wallace
    Section Image
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Map

Source: MLSListings

MLS Number: ML81712716

MLSListings

APN: 034-121-32-000

California Santa Cruz County Capitola 95010

1871 43rd Ave, Capitola, CA

Not Listed for Sale

MultiFamily

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