NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,524,000

3 Beds
2 Baths
1,750 Sq Ft
$727/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $865,000 $494 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,876/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • 2 Car Detached Garage
  • Washer and Dryer
  • Mission Hill Middle School Rated A-
  • Laundry Room
  • Fenced

About This Home

As of April 2021

Duplex in need of some tlc, located in the fantastic Seabright neighborhood of Santa Cruz. 205 Gault is a large one bedroom, one bathroom unit with a one car garage and laundry room. 207 Gault is a Craftsman style two bedroom, one bathroom house with a one car garage and laundry room. The location is perfect for enjoying all the great things Santa Cruz has to offer. Stroll, jog, or ride your bike to the beach, harbor, Arana Gulch hiking trails, world class surfing, and countless restaurants and shops. The Rio Theater and Staff of Life are just around the corner. The kitchens are large and the one bedroom unit has a huge bedroom and good size yard with alley access. Both units have detached garages and independent laundry.. Please do not disturb tenants.

Last Agent to Sell the Property

Don O'Regan

Monterey Bay Properties License #01157983 Listed on: 02/16/2021

Last Buyer's Agent

Don O'Regan

Monterey Bay Properties License #01157983 Listed on: 02/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,467

Year Built

  • 1952

Lot Details

  • 6,447 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • 1,750 Sq Ft Home
  • Duplex
  • Craftsman Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $40,500

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Operating Expense $7,500
  • Gross Income $39,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,467

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: RES
  • Subclass: Duplex
  • Style: Craftsman
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 1750
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6447.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6447.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.20
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1500
  • Expenses Total: 7500
  • Income Annual Gross: 39690.00
  • Income Annual Rental: 40500
  • Income Gross Scheduled: 40500
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 1, 2021
Sold by
Travis May Travis May
Bought by
Goulett Jeremiah and Goulett Marisol
Seller's Agent
Don O'Regan
Monterey Bay Properties
Buyer's Agent
Don O'Regan
Monterey Bay Properties
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Current Estimated Value
$1,279,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,272
Avg. Annual Appreciation
9.24%
Original Mortgage
$735,250
Outstanding Balance
$664,632
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$606,845

Purchase Details

Closed on
Sep 28, 2020
Sold by
May Travis and May Suzanne M
Bought by
May Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2013
Sold by
Kondo Asae C
Bought by
May Travis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
May Travis J
Bought by
May Travis and May Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2012
Closed on
Dec 4, 2012
Sold by
Levine Joseph and The 1999 Daniel J Garr Revocab
Bought by
May Travis J and Kondo Asae C
Seller's Agent
David Pera
Blue Sky Real Estate
Buyer's Agent
Don O'Regan
Thunderbird Real Estate
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$450,900
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2009
Sold by
Ponza Jennifer A
Bought by
Garr Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,145
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Garr Daniel J and 1999 Daniel J Garr Revocable T
Bought by
Garr Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,145
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1999
Sold by
Garr Daniel J
Bought by
Garr Daniel J and 1999 Danile J Garr Revocable T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Goulett Jeremiah $865,000 Old Republic Title Company
May Travis $282,500 First American Title Company
May Travis J -- Old Republic Title Company
May Travis -- Old Republic Title Company
May Travis J $501,000 Old Republic Title Company
Garr Daniel J -- First American Title Company
Garr Daniel J -- First American Title Company
Garr Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goulett Jeremiah $735,250
Previous Owner May Travis $565,000
Previous Owner May Travis $487,500
Previous Owner May Travis J $450,900
Previous Owner Garr Daniel J $145,145
Previous Owner Garr Daniel J $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $865,000 -3.8% $494 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $899,000 +79.1% $514 / Sq Ft
12/13/2012 12/13/12 Sold $502,000 +0.6% $287 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $499,000 -- $285 / 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 $10,467 $936,304 $703,581 $232,723
2023 $10,340 $899,946 $676,260 $223,686
2022 $10,224 $882,300 $663,000 $219,300
2021 $6,837 $569,963 $342,433 $227,530
2020 $6,785 $564,118 $338,921 $225,197
2019 $6,637 $553,057 $332,276 $220,781
2018 $6,487 $542,213 $325,761 $216,452
2017 $6,405 $531,581 $319,373 $212,208
2016 $6,063 $521,158 $313,111 $208,047
2015 $5,841 $513,330 $308,408 $204,922
2014 $5,743 $503,275 $302,367 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81829962

MLSListings

APN: 011-012-09-000