NOT LISTED FOR SALE

Estimated Value: $1,364,000 - $1,687,000

4 Beds
3 Baths
1,924 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $827,500 $430 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,446/month

19 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Mission Hill Middle School Rated A-
  • Sauna
  • Level Lot

About This Home

As of November 2014

Beautifully updated duplex in conveniently located area of Live Oak. Situated on large corner lot, with plenty of parking. So many upgrades, including: new carpet, interior and exterior paint, water saving landscaping, light fixtures, brand new water heater, and more! This property has an open floor plan with big skylights, and a hot tub in private back patio.

Last Agent to Sell the Property

Natalia Lockwood

David Lyng Real Estate License #01958028 Listed on: 09/01/2014

David Lyng Real Estate

Last Buyer's Agent

Scott Webber

CENTURY 21 Masters License #01925612

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,332

Year Built

  • 1966

Lot Details

  • 7,057

Parking

  • Private Parking

Home Design

  • Duplex
  • Wood Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $3,100
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $350
  • Insurance Expense $1,000
  • Utility Expense $300
  • Trash Expense $50
  • Operating Expense $10,339
  • Gross Income $3,100

Additional Features

  • 1,924 Sq Ft Building
  • Sauna

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,332

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Age: 48
  • Inspections Reports: Pest Control, Property Inspection
  • Sale Price Per Sq Ft: 430.09
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1924
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet - Area, Tile, Hardwood, Carpet, Varies By Unit

Exterior Features

  • Roof: Wood Shakes / Shingles, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Rv/Boat Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Sauna / Spa / Hot Tub

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7056.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7056.00
  • Lot Size Area Min Search: 7056.00
  • Maximum Lot Size: 7056.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 273.87

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 350
  • Expenses Total: 10339
  • Expenses Utility: 300
  • Expense Trash: 50
  • Expense Water Sewer: 300
  • Income Annual Gross: 3100.00
  • Income Annual Rental: 3100
  • Income Gross Scheduled: 3100
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2016
Sold by
Dewitt Patrick G
Bought by
Dewitt Patrick G and Dewitt Whitney T
Current Estimated Value
$1,522,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Outstanding Balance
$506,013
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,018,454

Purchase Details

Listed on
Sep 1, 2014
Closed on
Nov 18, 2014
Sold by
Solinas Jeffrey Alfred and Solinas Dora Linda
Bought by
Dewitt Patrick G
Seller's Agent
Natalia Lockwood
David Lyng Real Estate
Buyer's Agent
Scott Webber
CENTURY 21 Masters
List Price
$849,000
Sold Price
$827,500
Premium/Discount to List
-$21,500
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$662,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2005
Sold by
Solinas Jeffrey A and Solinas Dora L
Bought by
Solinas Jeffrey Alfred and Solinas Dora Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2004
Sold by
Kambitsch Barbara A and Mary J Brown Trust 1996
Bought by
Solinas Jeffrey A and Solinas Dora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,750
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1996
Sold by
Brown Mary Jane
Bought by
Brown Mary J

Purchase Details

Closed on
Oct 13, 1994
Sold by
Carlson Kenneth J and Carlson Mozza A
Bought by
Brown Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.5%
Mortgage Type
Seller Take Back
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
Dewitt Patrick G -- Old Republic Title Company
Dewitt Patrick G $827,500 Old Republic Title Company
Solinas Jeffrey Alfred -- --
Solinas Jeffrey A $745,000 First American Title Co
Brown Mary J -- --
Brown Mary Jane $232,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Patrick G $623,000
Closed Dewitt Patrick G $662,000
Previous Owner Solinas Jeffrey A $565,000
Previous Owner Solinas Jeffrey A $123,000
Previous Owner Solinas Jeffrey A $558,750
Previous Owner Brown Mary Jane $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $827,500 -2.5% $430 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $849,000 -- $441 / 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 $13,332 $994,531 $585,902 $408,629
2023 $12,717 $955,913 $563,151 $392,762
2022 $12,398 $937,169 $552,109 $385,060
2021 $11,991 $918,793 $541,283 $377,510
2020 $11,844 $909,372 $535,733 $373,639
2019 $11,586 $891,541 $525,228 $366,313
2018 $11,361 $874,060 $514,930 $359,130
2017 $11,148 $856,922 $504,833 $352,089
2016 $10,892 $840,119 $494,934 $345,185
2015 $10,679 $827,500 $487,500 $340,000
2014 $9,477 $725,213 $462,384 $262,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81431700

MLSListings

APN: 029-095-07-000