NOT LISTED FOR SALE

Estimated Value: $928,939 - $1,076,000

4 Beds
4 Baths
2,461 Sq Ft
$408/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $975,000 $396 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,035/month

41 Days on Market

About This Home

As of March 2019

Very rare duplex in the beach side Rio Del Mar neighborhood in Aptos. Each unit is comprised of approximately 1,231 square feet of living space (buyer to verify). For each unit spacious floor plan is 2 stories, 2 bedrooms/ 2 baths with large backyard, 2 car garage. For each unit, downstairs consists of 1 bedroom and 1 bath and entry way with door to 2 car garage. Upstairs includes 1 bedroom, Kitchen, living room with wood burning fireplace, dining area. Kitchen includes refrigerator, dishwasher, electric stove/oven,. Both bedrooms have walk-in closets. . Patio area off living room sliding door. Walk into backyard from downstairs bedroom. Laundry hookups in the downstairs bathroom area. The county recognizes this as 2 condominium parcels, 2075 Dolphin - APN 054-163-51 & 2077 Dolphin - APN 054-163-50. Properties must be purchased together. Do not disturb occupants

Last Agent to Sell the Property

Louis Melo

Atlantis Properties License #00923161 Listed on: 11/01/2018

Co-Listed By

David Galant

Atlantis Properties License #01469241

Last Buyer's Agent

Gabrielsen Cormier

Gabrielsen Cormier, Broker License #01793161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,062

Year Built

  • 1977

Lot Details

  • 828

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,461 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Additional Features

  • 828 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $48,300

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $48,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,062

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Age: 41
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2461
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 2461
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.0190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 828.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 828.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.77
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 48300.00
  • Income Annual Rental: 48300
  • Income Gross Scheduled: 48300
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Manabe Tadashi Eric
Bought by
Cormier Gabrielsen Quinn
Current Estimated Value
$999,533

Purchase Details

Listed on
Nov 1, 2018
Closed on
Feb 27, 2019
Sold by
Ramondo Richard P and Ramondo Manuela S
Bought by
Manabe Tadashi E
Seller's Agent
Louis Melo
Atlantis Properties
Buyer's Agent
Gabrielsen Cormier
Gabrielsen Cormier, Broker
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$875,062
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Berg David and Frances Shussett Living Trust
Bought by
Berg David and Jeffrey Steven Shussett Trust

Purchase Details

Closed on
Nov 18, 1998
Sold by
Shussett Frances
Bought by
Shussett Frances and Berg David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cormier Gabrielsen Quinn $488,000 None Available
Manabe Tadashi E $975,000 Chicago Title Company
Berg David -- --
Shussett Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manabe Tadashi E $875,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $975,000 -11.4% $396 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,100,000 -- $447 / 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 $7,062 $543,816 $390,432 $153,384
2023 $6,902 $522,699 $375,271 $147,428
2022 $6,741 $512,449 $367,912 $144,537
2021 $6,495 $502,402 $360,699 $141,703
2020 $6,382 $497,250 $357,000 $140,250
2019 $3,051 $191,350 $86,107 $105,243
2018 $2,962 $187,596 $84,417 $103,179
2017 $2,924 $183,917 $82,763 $101,154
2016 $2,842 $180,310 $81,140 $99,170
2015 $2,773 $177,602 $79,921 $97,681
2014 $2,702 $174,124 $78,356 $95,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81729932

MLSListings

APN: 054-163-51-000