NOT LISTED FOR SALE

207 Oakland Ave Capitola, CA 95010

Capitola Area

Estimated Value: $2,864,584

5 Beds
4 Baths
2,700 Sq Ft
$1,061/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2019

Last sale price $2,195,000 $813 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $18,226 / mo

About This Home

As of August 2019

COMING 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

Holly Ma

David Lyng Real Estate License #01259297 Listed on: 07/25/2019

David Lyng Real Estate

Co-Listed By

Susan Roesch

David Lyng Real Estate License #01358845

Last Buyer's Agent

Julie Hansmann

David Lyng Real Estate License #00667831

David Lyng Real Estate
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

Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

5,619 Sq Ft Lot

Listing Details

  • Zoning: Multi Res
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1938

Interior Features

  • Kitchen: Countertop - Other, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2700
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 877

Lot Info

  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5619.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5619.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.76
  • Number Of Leased: 3

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expense Insurance: 4000
  • Expenses Total: 32534
  • Expenses Utility: 4000
  • Expense Trash: 800
  • Income Annual Gross: 121128.00
  • Income Annual Rental: 123600
  • Income Gross Scheduled: 123600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Utilities
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 26, 2019
Sold by
Bought by
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
$2,864,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,584
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,397,000
Outstanding Balance
$1,202,075
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,662,509

Purchase Details

Listed on
Feb 13, 2018
Closed on
May 25, 2018
Sold by
Bought by
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
Bought by

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
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Capitola, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,195,000 Old Republic Title Company
$2,075,000 Old Republic Title Company
$1,550,000 Old Republic Title Company
$1,075,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,397,000
Previous Owner $1,240,000
Previous Owner $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,132 $2,497,273 $1,578,459 $918,814
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81758007

MLSListings

APN: 036-123-06-000

Your Personal Tour Guide

Ask me questions while you tour the home.