NOT LISTED FOR SALE

225 E Lake Ave Watsonville, CA 95076

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

Sale Details

Date 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

9,104 Sq Ft Lot

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

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
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

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
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
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