NOT LISTED FOR SALE
7 Beds
5 Baths
2,150 Sq Ft
6,795 Sq Ft Lot

Sale Details

Date Sold: February 16, 2022

Last sale price $1,200,000 $558 Per Sq Ft

10 Days on Market

Highlights

  • Craftsman Architecture
  • Double Pane Windows
  • Back Yard
  • 4 Car Detached Garage
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of February 2022

Fourplex for the price of a Duplex! 4 separate buildings and 2 garages. Main house has a basement with 6' ceiling (not included in sqft) and a 2-car garage (but with a 1-car garage door, also not included in sqft), units A and B each have a 1 car garage. Roof work was done on units A, B and C in 2017. Bathroom in unit B was freshened up in summer 2021. Rents are below market. Please write offer based on financials, subject to inspection.

Last Agent to Sell the Property

Peter Tiemann

Morgan Real Estate License #01894602 Listed on: 12/19/2021

Last Buyer's Agent

Peter Tiemann

Morgan Real Estate License #01894602 Listed on: 12/19/2021

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 6,795 Sq Ft Lot
  • Back Yard

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Laminate
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,000

Community Details

Overview

  • 2,150 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $3,200
  • Maintenance Expense $2,000
  • Utility Expense $6,600
  • Operating Expense $25,800
  • Gross Income $62,370

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

6,795 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: Residential
  • Subclass: Fourplex
  • Style: Craftsman
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Kitchen: Cooktop - Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2150
  • Stories: 1
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Rolled Composition, Tar And Gravel
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 8
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1560
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6795.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6795.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.24
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 3200
  • Expense Maintenance: 2000
  • Expenses Total: 25800
  • Expenses Utility: 6600
  • Income Annual Gross: 62370.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 63000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 1

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
Dec 19, 2021
Closed on
Feb 10, 2022
Sold by
Bought by
Seller's Agent
Peter Tiemann
Morgan Real Estate
Buyer's Agent
Peter Tiemann
Morgan Real Estate
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,929
Outstanding Balance
$320,203
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2018
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
$377,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2000
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
$287,200
Interest Rate
8.13%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,200,000 First American Title
-- None Available
-- None Available
-- First American Title
$270,000 None Available
$359,000 Santa Cruz Title Company
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 $350,929
Open $862,500
Previous Owner $377,000
Previous Owner $287,200
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
02/16/2022 02/16/22 Sold $1,200,000 -5.9% $558 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/19/2021 12/19/21 For Sale $1,275,000 -- $593 / 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 $14,999 $1,273,450 $939,170 $334,280
2023 $14,585 $1,224,000 $902,700 $321,300
2022 $3,821 $295,902 $150,852 $145,050
2021 $3,526 $290,101 $147,895 $142,206
2020 $3,476 $287,126 $146,378 $140,748
2019 $3,415 $281,496 $143,508 $137,988
2018 $3,360 $275,977 $140,694 $135,283
2017 $3,331 $270,566 $137,935 $132,631
2016 $3,245 $265,260 $135,230 $130,030
2015 $3,235 $261,276 $133,199 $128,077
2014 $3,166 $256,158 $130,590 $125,568
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81872815

MLSListings

APN: 017-201-15-000

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