G
Seller's Agent in 2017
Geneva Lawless
David Lyng Real Estate
232 30th Ave Santa Cruz, CA 95062
Pleasure Point NeighborhoodEstimated Value: $2,051,000 - $2,391,776
3
Beds
3
Baths
1,794
Sq Ft
$1,206/Sq Ft
Est. Value
Highlights
- Cottage
- Balcony
- Laundry Room
- Mission Hill Middle School Rated A-
- Double Pane Windows
- Shed
About This Home
As of August 20173 Vintage Turn Key Beach Bungalows! Amazing Pleasure Pt location, less than 2 blocks to best surfing, beaches & restaurants. Perfect for multi-generational compound on huge 8000 sq. ft. lot or live in one and enjoy income from 2 others! Possible expansion opportunities on this huge lot. Currently a strong investment w permitted vacation rental history. Great P&L figures and a 4.8 cap rate. Each home offers privacy & landscaped separate spaces. All are legal dwellings with original hm approx. 750 sq.ft, and units B and C appx. 550 each. All homes are have been remodeled w beautiful floors and double paned windows. Each has a private yard and mature landscaping. Paved driveways and paths provide off-street parking for 4-6 cars. Showing is limited so see extended hours of open houses and bring clients to Broker's. Check out this creative opportunity in Pleasure Point!
Last Agent to Sell the Property
Geneva Lawless
David Lyng Real Estate License #01475576 Listed on: 06/06/2017
Co-Listed By
Stephanie Heit
David Lyng Real Estate License #00803285
Last Buyer's Agent
Monika Davidson
Christie's International Real Estate Sereno License #01234944
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,320
Year Built
- 1947
Lot Details
- 8,015 Sq Ft Lot
- Back Yard
Home Design
- Triplex
- Cottage
- Bungalow
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,794 Sq Ft Home
- Double Pane Windows
- Fire Sprinkler System
Kitchen
- Gas Oven
- Formica Countertops
Flooring
- Laminate
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 6 Parking Spaces
- Covered Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
- Shed
Utilities
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $144,333
Community Details
Overview
Amenities
- Courtyard
Building Details
- 2 Leased Units
- Gardener Expense $3,578
- Insurance Expense $1,330
- Maintenance Expense $16,934
- Manager Expense $6,500
- Other Expense $13,661
- Utility Expense $2,903
- Trash Expense $726
- Operating Expense $66,035
- Gross Income $144,333
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2017
Closed on
Aug 25, 2017
Sold by
Heng Virgil J and Heng Lorraine E
Bought by
Holmes William J and Holmes Nancy A
Seller's Agent
Geneva Lawless
David Lyng Real Estate
Buyer's Agent
Monika Davidson
Christie's International Real Estate Sereno
List Price
$1,475,000
Sold Price
$1,500,000
Premium/Discount to List
$25,000
1.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,694
Avg. Annual Appreciation
5.56%
Purchase Details
Closed on
Nov 27, 2012
Sold by
Heng Lorraine E and Heng Virgil J
Bought by
Heng Virgil J and Heng Lorraine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,292
Interest Rate
3.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2010
Sold by
Heng Lorraine E and Heng Virgil J
Bought by
Heng Virgil J and Heng Lorraine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,322
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2010
Sold by
Heng Lorraine E
Bought by
Heng Lorraine E and Heng Virgil J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,322
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2001
Sold by
Heng Lorraine E and Lorraine E Heng Living Trust
Bought by
Heng Lorraine E and Johnson Robert Harlow
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.14%
Purchase Details
Closed on
Aug 9, 1999
Sold by
Johnson Robert Harlow and Johnson Barbara Ann
Bought by
Heng Lorraine E and The Lorraine E Heng Living Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.5%
Purchase Details
Closed on
Jul 14, 1999
Sold by
Johnson Robert Harlow and Johnson Barbara Ann
Bought by
Heng Lorraine E and Johnson Robert Harlow
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.5%
Purchase Details
Closed on
Oct 27, 1998
Sold by
Heng Lorraine
Bought by
Heng Lorraine E and The Lorraine Heng Living Trust
Purchase Details
Closed on
Jul 16, 1996
Sold by
Johnson Robert Harlow and Johnson Barbara Ann
Bought by
Johnson Robert Harlow and Johnson Barbara Ann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holmes William J | $1,500,000 | Old Republic Title Company | |
| Heng Virgil J | -- | None Available | |
| Heng Lorraine E | -- | First American Title Company | |
| Heng Virgil J | -- | Old Republic Title Company | |
| Heng Lorraine E | -- | Old Republic Title Company | |
| Heng Lorraine E | $191,000 | Old Republic Title Company | |
| Heng Lorraine E | -- | Santa Cruz Title Company | |
| Heng Lorraine E | -- | Santa Cruz Title Company | |
| Heng Lorraine E | -- | Santa Cruz Title Company | |
| Heng Lorraine E | -- | -- | |
| Johnson Robert Harlow | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holmes William | $1,050,000 | |
| Previous Owner | Heng Lorraine E | $450,292 | |
| Previous Owner | Heng Lorraine E | $285,322 | |
| Previous Owner | Heng Lorraine E | $308,900 | |
| Previous Owner | Heng Lorraine E | $305,000 | |
| Previous Owner | Heng Lorraine E | $297,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2017 08/22/17 | Sold | $1,500,000 | +1.7% | $836 / Sq Ft |
| 06/20/2017 06/20/17 | Pending | -- | -- | -- |
| 06/06/2017 06/06/17 | For Sale | $1,475,000 | -- | $822 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $21,320 | $1,706,744 | $1,251,612 | $455,132 |
| 2023 | $20,242 | $1,640,469 | $1,203,011 | $437,458 |
| 2022 | $19,776 | $1,608,303 | $1,179,422 | $428,881 |
| 2021 | $19,228 | $1,576,767 | $1,156,296 | $420,471 |
| 2020 | $19,020 | $1,560,600 | $1,144,440 | $416,160 |
| 2019 | $18,604 | $1,530,000 | $1,122,000 | $408,000 |
| 2018 | $18,269 | $1,500,000 | $1,100,000 | $400,000 |
| 2017 | $7,369 | $499,090 | $316,666 | $182,424 |
| 2016 | $7,197 | $489,304 | $310,457 | $178,847 |
| 2015 | $6,938 | $481,955 | $305,794 | $176,161 |
| 2014 | $6,815 | $472,514 | $299,804 | $172,710 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller Co-Listing Agent in 2017
Stephanie Heit
David Lyng Real Estate
-
M
Buyer's Agent in 2017
Monika Davidson
Sereno Group
Map
Source: MLSListings
MLS Number: ML81654710
APN: 032-202-11-000
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