NOT LISTED FOR SALE

1936 Seascape Blvd Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,370,000 - $1,706,339

4 Beds
4 Baths
2,497 Sq Ft
$618/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $672,000 $269 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,917/month

31 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Tile Flooring
  • Aptos High School Rated A-
  • Balcony
  • Forced Air Heating System

About This Home

As of August 2012

Two immaculate townhouse units in highly desirable Seascape location! Walk to beach, shopping & fine dining. Light and bright vaulted living areas open to second story decks. Master bedrooms open to redwood decks and private, fenced backyards. Recent updates include, newer roof, new decks, new appliances & countertops, new carpet & paint. Covered carports with nicely landscaped front yards.

Last Agent to Sell the Property

Pete Cullen

Bailey Properties License #01375721 Listed on: 06/21/2012

Last Buyer's Agent

Betty Southstone

Coast Country Real Estate License #01100497

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • Lot Sloped Down

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,497 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $48,720

Community Details

Overview

  • 2,497 Sq Ft Building

Building Details

  • Gardener Expense $1,380
  • Insurance Expense $1,500
  • Operating Expense $8,880
  • Gross Income $46,284

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood
  • Sale Price Per Sq Ft: 269.12
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2497
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2497
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Some Units, Laundry Area - In Unit
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking, Carport

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6969.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6969.00
  • Lot Size Area Min Search: 6969.00
  • Maximum Lot Size: 6969.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.14

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1380
  • Expenses Total: 8880
  • Expense Water Sewer: 1200
  • Income Annual Gross: 46284.00
  • Income Annual Rental: 48720
  • Income Gross Scheduled: 48720
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Accounting/Legal, Fee - Property Tax, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Services - Trash Removal
  • Vacancy Amount: 2436
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2015
Sold by
Baird Horne Donna M and Horne David R
Bought by
Mighty Oak Llc
Current Estimated Value
$1,542,835

Purchase Details

Closed on
Nov 9, 2012
Sold by
Baird Horne Donna M
Bought by
Horne David R and Baird Horne Donna M

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 13, 2012
Sold by
Bright Future Llc
Bought by
Baird Horne Donna M
Seller's Agent
Pete Cullen
Bailey Properties
Buyer's Agent
Betty Southstone
Coast Country Real Estate
List Price
$689,000
Sold Price
$672,000
Premium/Discount to List
-$17,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 10, 2012
Sold by
Horne David
Bought by
Baird Horne Donna M
Seller's Agent
Pete Cullen
Bailey Properties
Buyer's Agent
Betty Southstone
Coast Country Real Estate
List Price
$689,000
Sold Price
$672,000
Premium/Discount to List
-$17,000
-2.47%

Purchase Details

Closed on
Nov 7, 2006
Sold by
Bright Future Llc
Bought by
Wright Richard Taylor

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
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Wright Richard T and The Richard T Wright Family Tr
Bought by
Bright Future Llc

Purchase Details

Closed on
Dec 30, 2003
Sold by
Wright Richard T and The Richard T Wright Family Tr
Bought by
Schuster Deborah and Turner Stephanie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mighty Oak Llc -- First American Title
Baird Horne Donna M -- First American Title
Baird Horne Donna M -- First American Title
Horne David R -- None Available
Baird Horne Donna M $672,000 First American Title Company
Baird Horne Donna M -- First American Title Company
Wright Richard Taylor -- Chicago Title Company
Wright Richard Taylor -- Chicago Title Company
Bright Future Llc -- --
Schuster Deborah $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Richard Taylor $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $672,000 -2.5% $269 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $689,000 -- $276 / 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 $11,146 $827,520 $413,760 $413,760
2023 $10,881 $795,386 $397,693 $397,693
2022 $10,621 $779,790 $389,895 $389,895
2021 $10,279 $764,500 $382,250 $382,250
2020 $10,093 $756,662 $378,331 $378,331
2019 $9,914 $741,826 $370,913 $370,913
2018 $9,637 $727,280 $363,640 $363,640
2017 $9,534 $713,018 $356,509 $356,509
2016 $9,270 $699,040 $349,520 $349,520
2015 $9,124 $688,540 $344,270 $344,270
2014 $8,903 $675,052 $337,526 $337,526
Source: Public Records

Agents Affiliated with this Home

  • Pete Cullen

    Seller's Agent in 2012

    Pete Cullen

    Bailey Properties

    (831) 440-8262

    4 in this area

    62 Total Sales

    Pete Cullen
    Section Image

  • B

    Buyer's Agent in 2012

    Betty Southstone

    Coast Country Real Estate

See All Agents

Map

Source: MLSListings

MLS Number: ML81226620

MLSListings

APN: 054-163-07-000

California Santa Cruz County Aptos 95003 Rio del Mar

1936 Seascape Blvd, Aptos, CA

Not Listed for Sale

MultiFamily

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