NOT LISTED FOR SALE

211 Monterey Ave Unit A Capitola, CA 95010

Estimated Value: $754,000 - $1,709,000

2 Beds
3 Baths
1,427 Sq Ft
$832/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $798,000 $559 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,420/month

97 Days on Market

Highlights

  • Carpet
  • 1-Story Property
  • 1-minute walk to Hihn Park
  • Main Street Elementary School Rated A-

About This Home

As of June 2014

"Capitola by the Sea". Only 100 steps to the Sand ! Capitola Village. Only area in Capitola allowing vacation rentals. Units long term month to month. Easy to rent. These units have been kept up and cute. Beach life at it's best. Keep one for your weekend retreat and get income from others. Commercial possibility ? Please Don't Disturb Tenants.

Last Agent to Sell the Property

Richard Seadler

Monterey Bay Realty License #00427633 Listed on: 02/05/2014

Last Buyer's Agent

Frank McCue

KW Thrive Santa Cruz License #01119149

KW Thrive Santa Cruz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,299

Year Built

  • 1929

Lot Details

  • 1,960

Parking

  • No Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $40,680
  • The owner pays for electric, garbage, gas, heating, water

Community Details

Overview

  • 1,427 Sq Ft Building

Building Details

  • Insurance Expense $4,166
  • Maintenance Expense $1,800
  • Manager Expense $560
  • Utility Expense $1,680
  • Trash Expense $408
  • Operating Expense $17,472
  • Gross Income $40,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,299

Year Built

1929

Lot Details

0

Listing Details

  • Zoning: mult
  • Subclass: Triplex
  • Sale Price Per Sq Ft: 559.22
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 1427
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1427
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1960.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1960.00
  • Lot Size Area Min Search: 1960.00
  • Maximum Lot Size: 1960.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.62

Multi Family

  • Expense Insurance: 4166
  • Expense Maintenance: 1800
  • Expense Management: 560
  • Expenses Total: 17472
  • Expenses Utility: 1680
  • Expense Trash: 408
  • Expense Water Sewer: 660
  • Income Annual Gross: 40680.00
  • Income Annual Rental: 40680
  • Income Gross Scheduled: 40680
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Heating, Water
  • Tenant Expenses: Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Katz Maor
Bought by
Katz Maor and Katz Kate Kresge
Current Estimated Value
$1,187,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$144,466
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$1,042,951

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jun 2, 2014
Sold by
Brown Jess D and Brown Laura D
Bought by
Katz Maor
Seller's Agent
Richard Seadler
Monterey Bay Realty
Buyer's Agent
Frank McCue
KW Thrive Santa Cruz
List Price
$897,000
Sold Price
$798,000
Premium/Discount to List
-$99,000
-11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$598,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
Brown Jess D and Brown Laura D
Bought by
Brown Jess D and Brown Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Brown Jess D and Brown Laura D
Bought by
Brown Jess D and Brown Laura D

Purchase Details

Closed on
Nov 20, 2003
Sold by
Giallo Joseph R and Giallo Nancy
Bought by
Brown Jess D and Brown Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Katz Maor $836,000 Old Republic Title
Katz Maor $836,000 Old Republic Title
Katz Maor $798,000 First American Title Company
Brown Jess D -- First American Title Co
Brown Jess D -- First American Title Co
Brown Jess D -- None Available
Brown Jess D $525,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Maor $150,000
Closed Katz Maor $150,000
Previous Owner Katz Maor $598,500
Previous Owner Brown Jess D $533,850
Previous Owner Brown Jess D $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $798,000 -11.0% $559 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $897,000 -- $629 / 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 $14,299 $1,232,679 $622,739 $609,940
2023 $13,047 $940,253 $598,557 $341,696
2022 $12,826 $921,817 $586,821 $334,996
2021 $12,469 $903,741 $575,314 $328,427
2020 $12,294 $894,475 $569,415 $325,060
2019 $12,052 $876,936 $558,250 $318,686
2018 $11,812 $859,741 $547,304 $312,437
2017 $11,625 $842,884 $536,573 $306,311
2016 $10,990 $826,357 $526,052 $300,305
2015 $10,633 $813,944 $518,150 $295,794
2014 $8,364 $608,913 $463,934 $144,979
Source: Public Records

Agents Affiliated with this Home

  • Richard Seadler

    Seller's Agent in 2014

    Richard Seadler

    Monterey Bay Realty

    (831) 566-7746

    28 Total Sales

    Richard Seadler
    Section Image

  • F

    Buyer's Agent in 2014

    Frank McCue

    KW Thrive Santa Cruz

    Section Image
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Map

Source: MLSListings

MLS Number: ML81403567

MLSListings

APN: 035-185-19-000

California Santa Cruz County Capitola 95010

211 Monterey Ave Unit A, Capitola, CA

This home is located at 211 Monterey Ave Unit A, Capitola, CA 95010 since 05 February 2014 and is currently estimated at $1,187,417, approximately $832 per square foot. This property was built in 1929. 211 Monterey Ave Unit A is a home located in Santa Cruz County with nearby schools including Main Street Elementary School, New Brighton Middle School, and Mission Hill Middle School.

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