NOT LISTED FOR SALE

Estimated Value: $1,647,000 - $2,416,428

4 Beds
4 Baths
3,053 Sq Ft
$619/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $1,095,000 $359 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $11,395/month

19 Days on Market

Highlights

  • Deck
  • High Ceiling
  • 3 Car Attached Garage
  • Aptos High School Rated A-
  • Balcony
  • Secured Garage or Parking

About This Home

As of January 2017

This owner occupied legal duplex is situated in a superb Seascape location. Enjoy excellent walkability to Seascape Resort and Village, breathtaking beaches, well maintained parks, popular restaurants, the tennis club, coffee shop, golf club, and more. This well maintained property will make a terrific investment property and is perfect as an owner occupied residence with rental income.

Last Agent to Sell the Property

Julia Topping

Intero Real Estate Services License #01465540 Listed on: 12/18/2016

Intero Real Estate Services

Last Buyer's Agent

Suzanne M. Rodoni

Real Estate Eight Three One License #01038226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,825

Year Built

  • 1978

Lot Details

  • 6,055 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,053 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • High Ceiling
  • Storage Room

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $31,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Operating Expense $5,814
  • Gross Income $29,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,825

Year Built

1978

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Age: 38
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3053
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Living Sq Ft: 3053
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Inverted Floor Plan

Schools

  • School District: Pajaro Valley Unified
  • Elementary School: Rio del Mar Elementary
  • Middle School: Aptos Junior High
  • High School: Aptos High
  • High School: 826
  • Elementary School: 815
  • Middle School: 820

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6055.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6055.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 35.48
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 5814
  • Income Annual Gross: 29450.00
  • Income Annual Rental: 31000
  • Income Gross Scheduled: 31000
  • Income Includes: Rents
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2016
Closed on
Jan 23, 2017
Sold by
Hicks William P and Hicks Lynda F
Bought by
Rodoni Family Properties Llc
Seller's Agent
Julia Topping
Intero Real Estate Services
Buyer's Agent
Suzanne M. Rodoni
Real Estate Eight Three One
List Price
$1,100,000
Sold Price
$1,095,000
Premium/Discount to List
-$5,000
-0.45%
Current Estimated Value
$1,891,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,107
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Hicks Lynda Faye
Bought by
Hicks William P and Hicks Lynda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.27%
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
Rodoni Family Properties Llc $1,095,000 First American Title Company
Hicks William P -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks William P $328,500
Previous Owner Hicks William P $938,250
Previous Owner Hicks William P $268,000
Previous Owner Hicks William P $50,000
Previous Owner Hicks William P $194,000
Previous Owner Hicks William P $50,000
Previous Owner Hicks William P $156,000
Previous Owner Hicks William P $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $1,095,000 -0.5% $359 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
12/18/2016 12/18/16 For Sale $1,100,000 -- $360 / 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 $15,825 $1,270,842 $864,637 $406,205
2023 $15,493 $1,221,494 $831,062 $390,432
2022 $15,155 $1,197,542 $814,766 $382,776
2021 $14,742 $1,174,062 $798,791 $375,271
2020 $14,489 $1,162,023 $790,600 $371,423
2019 $14,234 $1,139,238 $775,098 $364,140
2018 $13,847 $1,116,900 $759,900 $357,000
2017 $4,751 $275,874 $32,286 $243,588
2016 $4,614 $270,465 $31,653 $238,812
2015 $4,477 $266,403 $31,178 $235,225
2014 $4,356 $261,184 $30,567 $230,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81634049

MLSListings

APN: 054-102-09-000