NOT LISTED FOR SALE

201 E Riverside Dr Watsonville, CA 95076

7 Beds
5 Baths
1,066 Sq Ft
6,795 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $730,000 $685 Per Sq Ft

412 Days on Market

About This Home

As of August 2017

PRICE REDUCED AGAIN !!!! ***FOURPLEX FOR SALE ON THE CORNER OF RIVERSIDE DR AND MARCHANT ST. 3/2, 2/1, 1/1, 1/1, RENTS ARE LOW. LONG TERM RENTERS. GREAT INVESTMENT PROPERTY. EXTERIOR WAS RECENTLY PAINTED. THE 3 BEDROOM HOUSE HAS A LARGE BASEMENT. TOTAL OF 3 CAR GARAGE. GREAT LOCATION. CLOSE TO SHOPS.SCHOOLS, HWY 1 -

Last Agent to Sell the Property

Hilda Fernandez-Zamora

Berkshire Hathaway HS Real Time Realty License #01479081 Listed on: 06/13/2016

Berkshire Hathaway HS Real Time Realty

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Lot Details

  • 6,795 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • On-Street Parking

Home Design

  • 1,066 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Composition Roof

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $56,400

Community Details

Overview

  • 1,066 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $2,509
  • Maintenance Expense $1,000
  • Operating Expense $8,143
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1066
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Living Sq Ft: 1066

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1560
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6795.36
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6795.36

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.30
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2509
  • Expense Maintenance: 1000
  • Expenses Total: 8143
  • Income Annual Gross: 56400.00
  • Income Annual Rental: 56400
  • Income Gross Scheduled: 56400
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair, Miscellaneous/Other
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $730,000 -2.7% $685 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $750,000 -6.3% $704 / Sq Ft
03/20/2017 03/20/17 Price Changed $800,000 -4.8% $750 / Sq Ft
11/07/2016 11/07/16 Price Changed $840,000 -1.6% $788 / Sq Ft
06/13/2016 06/13/16 For Sale $853,900 -- $801 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81590327

MLSListings