NOT LISTED FOR SALE

1911 Kinsley St Unit 1 Santa Cruz, CA 95062

Live Oak Neighborhood

Estimated Value: $1,133,000 - $1,925,000

8 Beds
4 Baths
2,702 Sq Ft
$608/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $920,000 $340 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,177/month

137 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Wall to Wall Carpet
  • Mission Hill Middle School Rated A-
  • Laundry Facilities

About This Home

As of December 2014

NEW PRICE! Centrally located, Live Oak 4-plex of 2 bedroom/1 bath units. Ten off-street parking spaces, including 2 carports & 1 garage. Downstairs units have yards; upstairs units have large decks. Property recently fumigated. One unit refurbished & re-rented at market rate; 2nd unit newly rented at market rate. Near Simpkins Swim Center, Toadal Fitness, & other shops.

Last Agent to Sell the Property

Laura Grenyo

Coldwell Banker Realty License #01364190 Listed on: 07/11/2014

Coldwell Banker Realty

Last Buyer's Agent

Craig Springbett

Christie's International Real Estate Sereno License #01145599

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,589

Year Built

  • 1965

Lot Details

  • 9,235

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,702 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Flag Lot

Listing and Financial Details

  • Total Actual Rent $62,084
  • The owner pays for garbage, services - gardener/landscaping, gas, water

Community Details

Building Details

  • Gardener Expense $480
  • Insurance Expense $1,344
  • Maintenance Expense $1,506
  • Manager Expense $5,593
  • Other Expense $1,620
  • Utility Expense $1,730
  • Trash Expense $2,718
  • Operating Expense $31,838
  • Gross Income $62,595

Additional Features

  • 2,702 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,589

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: RM-4
  • Subclass: Fourplex
  • Age: 49
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 340.49
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2702
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2702
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking, Carport

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Flag Lot
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9235.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9235.00
  • Lot Size Area Min Search: 9235.00
  • Maximum Lot Size: 9235.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.84

Multi Family

  • Expense Insurance: 1344
  • Expense Landscape: 480
  • Expense Maintenance: 1506
  • Expense Management: 5593
  • Expenses Other: 1620
  • Expenses Total: 31838
  • Expenses Utility: 1730
  • Expense Trash: 2718
  • Expense Water Sewer: 2242
  • Income Annual Gross: 62595.00
  • Income Annual Rental: 62084
  • Income Gross Scheduled: 62595
  • Income Includes: Laundry
  • Income Laundry: 511
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2018
Sold by
Teaford Gail and Gloria A Gordon 1989 Inter Viv
Bought by
Newton Gary L
Current Estimated Value
$1,643,028

Purchase Details

Closed on
Sep 11, 2015
Sold by
Gordon Gloria A
Bought by
Gordon Gloria A and The Gloria A Gordon 1989 Inter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2014
Closed on
Jan 26, 2015
Sold by
Gordon Gloria A
Bought by
Gordon Gloria A and Gloria A Gordon 1989 Inter Viv
Seller's Agent
Laura Grenyo
Coldwell Banker Realty
Buyer's Agent
Craig Springbett
Christie's International Real Estate Sereno
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 11, 2014
Closed on
Dec 1, 2014
Sold by
Tierney Colin and Johnson Gloria
Bought by
Gordon Gloria A
Seller's Agent
Laura Grenyo
Coldwell Banker Realty
Buyer's Agent
Craig Springbett
Christie's International Real Estate Sereno
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 22, 2006
Sold by
Tierney Colin
Bought by
Tierney Colin and Johnson Gloria

Purchase Details

Closed on
Nov 3, 2004
Sold by
Robertson Steven and Robertson Sybil
Bought by
Tierney Colin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,250
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2002
Sold by
Haskell Diane
Bought by
Haskell Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
5.55%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Wade Megan A and Robinson John Kevin
Bought by
Robertson Steven and Robertson Sybil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
5.55%
Source: Public Records

Range of Values:

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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
Newton Gary L -- None Available
Gordon Gloria A -- None Available
Gordon Gloria A -- North American Title Company
Gordon Gloria A -- None Available
Gordon Gloria A $920,000 Old Republic Title Company
Tierney Colin -- Old Republic Title Company
Tierney Colin -- None Available
Tierney Colin $945,000 Santa Cruz Title Company
Haskell Stephen C -- Santa Cruz Title Company
Robertson Steven $665,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Gloria A $355,000
Previous Owner Gordon Gloria A $350,000
Previous Owner Tierney Colin $614,250
Previous Owner Robertson Steven $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $920,000 -3.1% $340 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $949,000 -- $351 / 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 $17,589 $1,194,274 $635,118 $559,156
2023 $16,754 $1,147,900 $610,456 $537,444
2022 $16,295 $1,125,392 $598,486 $526,906
2021 $15,748 $1,103,325 $586,751 $516,574
2020 $15,523 $1,092,012 $580,735 $511,277
2019 $14,324 $991,200 $538,696 $452,504
2018 $14,009 $971,765 $528,133 $443,632
2017 $13,734 $952,711 $517,778 $434,933
2016 $13,399 $934,030 $507,625 $426,405
2015 $13,054 $920,000 $500,000 $420,000
2014 $14,731 $1,074,552 $596,974 $477,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81424918

MLSListings

APN: 029-181-39-000