Seller's Agent in 2019
Holly Ma
David Lyng Real Estate
(831) 345-4278
6 in this area
38 Total Sales
207 Oakland Ave Capitola, CA 95010
Estimated Value: $1,921,000 - $3,591,000
5
Beds
4
Baths
2,700
Sq Ft
$1,061/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Main Street Elementary School Rated A-
- 4-minute walk to Noble Gulch Park
About This Home
As of August 2019COMING SOON, DEPOT HILL, CAPITOLA Coveted Depot Hill Four Plex. Updated Fourplex, located in the sought-after Depot Hill neighborhood of Capitola. This wonderful fourplex is on a 5,619 Sq. ft. lot. There are three buildings, the two-story building has two units, one bedroom, one bath each, with balconies, one has a peak of the ocean. One stand alone unit has two bedrooms private front courtyard and backyard. The third building stands alone with a one bedroom, one bathroom with a small private backyard. The buildings total 2700 SQ FT. There is parking for eight cars. Complex features a landscaped common courtyard with seating and fire pit. Walking distance to the Beach and Capitola Village, close to Gayles Bakery and many other shops and restaurants. Perfect primary or second home, rent three units while living or vacationing in the fourth unit.Interior pictures are when the units were vacant and staged. Now rented.
Last Agent to Sell the Property
David Lyng Real Estate License #01259297 Listed on: 07/25/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,247
Year Built
- 1938
Lot Details
- 5,619
Home Design
- 2,700 Sq Ft Home
- Quadruplex
- Slab Foundation
- Composition Roof
Flooring
- Carpet
- Laminate
- Tile
Parking
- 6 Parking Spaces
- Covered Parking
Additional Features
- Gas Oven
- 5,619 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $123,600
Community Details
Overview
- 2,700 Sq Ft Building
Building Details
- 3 Leased Units
- Insurance Expense $4,000
- Utility Expense $4,000
- Trash Expense $800
- Operating Expense $32,534
- Gross Income $121,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2019
Closed on
Aug 26, 2019
Sold by
Srrh Cap Llc
Bought by
Nielsen Jason C and Nielsen Tiffany L
Seller's Agent
Holly Ma
David Lyng Real Estate
Buyer's Agent
Julie Hansmann
David Lyng Real Estate
List Price
$2,195,000
Sold Price
$2,195,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,834
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,397,000
Outstanding Balance
$1,231,249
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,633,660
Purchase Details
Listed on
Feb 13, 2018
Closed on
May 25, 2018
Sold by
Charity Properties Llc
Bought by
Srrh Cap Llc
Seller's Agent
Charles Oliver
David Lyng Real Estate
Buyer's Agent
Holly Ma
David Lyng Real Estate
List Price
$2,395,000
Sold Price
$2,075,000
Premium/Discount to List
-$320,000
-13.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Purchase Details
Closed on
Nov 15, 2017
Sold by
Fales William N
Bought by
Charity Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
3.85%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 23, 2004
Sold by
Montanez Joseph J and Montanez Family 1987 Trust
Bought by
Fales William N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.72%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nielsen Jason C | $2,195,000 | Old Republic Title Company | |
| Srrh Cap Llc | $2,075,000 | Old Republic Title Company | |
| Charity Properties Llc | $1,550,000 | Old Republic Title Company | |
| Fales William N | $1,075,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nielsen Jason C | $1,397,000 | |
| Previous Owner | Srrh Cap Llc | $1,025,000 | |
| Previous Owner | Charity Properties Llc | $1,240,000 | |
| Previous Owner | Fales William N | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2019 08/28/19 | Sold | $2,195,000 | 0.0% | $813 / Sq Ft |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | Off Market | $2,195,000 | -- | -- |
| 07/25/2019 07/25/19 | For Sale | $2,195,000 | +5.8% | $813 / Sq Ft |
| 06/01/2018 06/01/18 | Sold | $2,075,000 | -5.5% | $769 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | Price Changed | $2,195,000 | -4.4% | $813 / Sq Ft |
| 03/06/2018 03/06/18 | Price Changed | $2,295,000 | -4.2% | $850 / Sq Ft |
| 02/13/2018 02/13/18 | For Sale | $2,395,000 | -- | $887 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $28,247 | $2,448,307 | $1,547,509 | $900,798 |
| 2023 | $27,659 | $2,353,237 | $1,487,418 | $865,819 |
| 2022 | $28,664 | $2,288,095 | $1,458,253 | $829,842 |
| 2021 | $27,768 | $2,217,740 | $1,429,659 | $788,081 |
| 2020 | $27,441 | $2,195,000 | $1,415,000 | $780,000 |
| 2019 | $26,401 | $2,116,500 | $1,351,500 | $765,000 |
| 2018 | $20,132 | $1,550,000 | $1,140,000 | $410,000 |
| 2017 | $17,280 | $1,291,128 | $1,020,891 | $270,237 |
| 2016 | $16,314 | $1,265,812 | $1,000,874 | $264,938 |
| 2015 | $15,895 | $1,246,798 | $985,840 | $260,958 |
| 2014 | $15,560 | $1,222,375 | $966,529 | $255,846 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller Co-Listing Agent in 2019
Susan Roesch
David Lyng Real Estate
(831) 429-5700
6 in this area
35 Total Sales
-
Buyer's Agent in 2019
Julie Hansmann
David Lyng Real Estate
(831) 334-7286
37 Total Sales
-
C
Seller's Agent in 2018
Charles Oliver
David Lyng Real Estate
(408) 499-9900
1 in this area
1 Total Sale
Map
Source: MLSListings
MLS Number: ML81758007
APN: 036-123-06-000
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