NOT LISTED FOR SALE

225 E Lake Ave Watsonville, CA 95076

6 Beds
4 Baths
2,489 Sq Ft
9,104 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $751,000 $302 Per Sq Ft

4 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Fenced
  • Granite Countertops
  • Washer and Dryer
  • Carpet

About This Home

As of June 2017

Triplex in Watsonville. Victorian house Unit A - 3 BR/2 BA 1647 SF with back yard. Original wood work, large rooms with high ceilings. Upgrades include forced air heating, new water heater, new gas lines, new bathroom tile. Unit B - ground floor unit 2 BR/1 BA 560 SF 2007 remodel includes new foundation & crawl space, new kitchen w/ granite counter, dining room, insulation, windows, water lines, enlarged bedroom & bath. Unit C - 1 BR/1 BA 280 SF upstairs unit with outdoor patio.

Last Agent to Sell the Property

Lauren Spencer

Coldwell Banker Realty License #00925382 Listed on: 05/23/2017

Coldwell Banker Realty

Last Buyer's Agent

Chuck Fischer

El Camino Realty License #00755878

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 9,104 Sq Ft Lot
  • Fenced
  • Back Yard

Home Design

  • Triplex
  • Traditional Architecture
  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,489 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $43,500

Community Details

Overview

  • 2,489 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $975
  • Insurance Expense $2,448
  • Maintenance Expense $400
  • Other Expense $500
  • Utility Expense $2,036
  • Trash Expense $540
  • Operating Expense $11,856
  • Gross Income $43,500

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Listing Details

  • Zoning: Multi Res
  • Subclass: Triplex
  • Style: Traditional, Victorian
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2489
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range, Varies By Unit
  • Living Sq Ft: 2489
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

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

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.2090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9104.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9104.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2448
  • Expense Landscape: 975
  • Expense Maintenance: 400
  • Expenses Other: 500
  • Expenses Total: 11856
  • Expenses Utility: 2036
  • Expense Trash: 540
  • Income Annual Gross: 43500.00
  • Income Annual Rental: 43500
  • Income Gross Scheduled: 43500
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Loan - Mortgage, Maintenance, Maintenance - Repair, Services - Trash Removal, Utilities
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $751,000 +3.6% $302 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $725,000 -- $291 / Sq Ft
Source: MLSListings

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 $10,185 $871,601 $452,629 $418,972
2023 $9,877 $837,754 $435,052 $402,702
2022 $9,706 $821,328 $426,522 $394,806
2021 $9,547 $805,224 $418,159 $387,065
2020 $9,410 $796,967 $413,871 $383,096
2019 $9,245 $781,340 $405,756 $375,584
2018 $9,013 $766,020 $397,800 $368,220
2017 $5,304 $438,129 $189,176 $248,953
2016 $5,166 $429,539 $185,467 $244,072
2015 $5,149 $423,087 $182,681 $240,406
2014 $5,038 $414,800 $179,103 $235,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81652880

MLSListings