NOT LISTED FOR SALE

226 Monterey Ave Capitola, CA 95010

Capitola Area

Estimated Value: $2,628,000 - $3,660,000

3 Beds
4 Baths
1,400 Sq Ft
$2,113/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2014

Last sale price $1,498,000 $1,070 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $18,269 / mo

21 Days on Market

Highlights

  • Ocean View
  • Deck
  • Guest Parking
  • Main Street Elementary School Rated A-
  • Fireplace
  • 1-minute walk to Hihn Park

About This Home

As of July 2014

AMAZING & UNIQUE OCEAN, WHARF & CAPITOLA VILLAGE VIEWS FROM THIS WONDERFUL DEPOT HILL DUPLEX. PERCHED HIGH ABOVE CAPITOLA VILLAGE WITH PRIVATE ACCESS TO MONTEREY AVE & JUST MOMENTS WALK TO THE VILLAGE. HOME FEATURES LARGE LOT, DUAL PANE WINDOWS, 2 SEPARATE UNITS, 2 BED 1 BATH UPSTAIRS & 1 BED 1 BATH DOWN (EACH WITH GREAT VIEWS), 5 CAR PARKING, EXTRA STORAGE, FIREPLACES, SEPARATE PG&E (SHARED H2O).

Last Agent to Sell the Property

Ted Mendoza

KW Thrive Santa Cruz License #00368472 Listed on: 05/20/2014

KW Thrive Santa Cruz

Last Buyer's Agent

Ted Mendoza

KW Thrive Santa Cruz License #00368472 Listed on: 05/20/2014

KW Thrive Santa Cruz

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 5,968

Property Views

  • Ocean
  • Bay
  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Guest Parking
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

  • 1,400 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Operating Expense $3,805
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

5,968 Sq Ft Lot

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 1070.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Garbage Disposal, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 1400
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, In Some Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Bay, Local/Neighborhood, Ocean, City Lights
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking, Uncovered Parking, Carport

Utilities

  • Heating System: Fireplace, Wall Furnace, Gas - Natural, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5968.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5968.00
  • Lot Size Area Min Search: 5968.00
  • Maximum Lot Size: 5968.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 39.01

Multi Family

  • Expense Insurance: 1000
  • Expenses Total: 3805
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

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
May 20, 2014
Closed on
Jul 11, 2014
Sold by
Bought by
Seller's Agent
Ted Mendoza
KW Thrive Santa Cruz
Buyer's Agent
Ted Mendoza
KW Thrive Santa Cruz
List Price
$1,498,000
Sold Price
$1,498,000
Current Estimated Value
$2,958,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,460,281
Avg. Annual Appreciation
5.84%
Original Mortgage
$500,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 10, 2014
Sold by
Bought by
Seller's Agent
Ted Mendoza
KW Thrive Santa Cruz
Buyer's Agent
Ted Mendoza
KW Thrive Santa Cruz
List Price
$1,498,000
Sold Price
$1,498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2013
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
$360,000
Interest Rate
0.0446%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
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
$380,000
Interest Rate
0.0627%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,498,000 First American Title Company
-- First American Title Company
-- Cornerstone Title Company
-- 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 $500,000
Previous Owner $360,000
Previous Owner $380,000
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
07/16/2014 07/16/14 Sold $1,498,000 0.0% $1,070 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $1,498,000 -- $1,070 / 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 $26,363 $2,264,429 $1,497,320 $767,109
2023 $25,794 $2,176,498 $1,439,177 $737,321
2022 $25,509 $2,133,822 $1,410,958 $722,864
2021 $24,911 $2,091,982 $1,383,292 $708,690
2020 $24,651 $2,070,531 $1,369,108 $701,423
2019 $22,585 $1,883,933 $1,312,263 $571,670
2018 $19,292 $1,582,287 $1,286,532 $295,755
2017 $19,023 $1,551,262 $1,261,307 $289,955
2016 $17,980 $1,520,845 $1,236,575 $284,270
2015 $17,609 $1,498,000 $1,218,000 $280,000
2014 $2,804 $126,340 $63,170 $63,170
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Ted Mendoza

    KW Thrive Santa Cruz

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Map

Source: MLSListings

MLS Number: ML81417570

MLSListings

APN: 036-111-15-000

California Santa Cruz County Capitola 95010

226 Monterey Ave, Capitola, CA

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