NOT LISTED FOR SALE

236 North Ave Aptos, CA 95003

Estimated Value: $926,000 - $1,575,032

4 Beds
2 Baths
1,870 Sq Ft
$686/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $849,000 $454 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,761/month

7 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 5-minute walk to Seacliff State Beach
  • Aptos High School Rated A-
  • Carpet

About This Home

As of November 2016

This cozy duplex is located in the heart of Seacliff, close to beaches, dining and shopping. This property has always been in high demand, with very little problem renting. Each unit has 2 bedrooms and one bath,with full laundry hook ups for each.They also have their own private backyards. One unit is larger than the other and would make a good owners unit or week end place for beach buyers and still have rental income! Don't miss this ...

Last Agent to Sell the Property

Michael Whiting

David Lyng Real Estate License #00974801 Listed on: 09/16/2016

David Lyng Real Estate

Last Buyer's Agent

Michael Burbatt

David Lyng Real Estate License #01962512

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 6,011

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • 1,870 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Washer and Dryer Hookup
  • 6,011 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $42,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $550
  • Insurance Expense $1,343
  • Maintenance Expense $200
  • Manager Expense $1,425
  • Other Expense $1,603
  • Utility Expense $1,240
  • Operating Expense $9,766
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 1870
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6011.28
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6011.28

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 20.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1343
  • Expense Landscape: 550
  • Expense Maintenance: 200
  • Expense Management: 1425
  • Expenses Other: 1603
  • Expenses Total: 9766
  • Expenses Utility: 1240
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Walker John M and Walker Mitzi S
Bought by
Walker John M and Walker Mitzi S
Current Estimated Value
$1,283,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$390,418
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$892,590

Purchase Details

Closed on
Mar 7, 2017
Sold by
Walker John M and Walker Mitzi S
Bought by
Walker John M and Walker Mitzi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 28, 2016
Sold by
Walker John M and Walker Mitzi S
Bought by
Walker John M and Walker Mitzi S
Seller's Agent
Michael Whiting
David Lyng Real Estate
Buyer's Agent
Michael Burbatt
David Lyng Real Estate
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$450,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 29, 2016
Sold by
Carpenter William Glenn and The Carpenter Trust
Bought by
36Th Street Apartments Llc
Seller's Agent
Michael Whiting
David Lyng Real Estate
Buyer's Agent
Michael Burbatt
David Lyng Real Estate
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 28, 2016
Sold by
Carpenter William G and Carpenter Survivors Trust
Bought by
Carpenter William Glenn and Carpenter Trust
Seller's Agent
Michael Whiting
David Lyng Real Estate
Buyer's Agent
Michael Burbatt
David Lyng Real Estate
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2015
Sold by
Carpenter William Glenn and Carpenter Family Trust
Bought by
Carpenter William Glenn and Carpenter Trust

Purchase Details

Closed on
Mar 28, 2008
Sold by
Carpenter Robert D and Carpenter Living Trust
Bought by
Carpenter Robert D and Carpenter Family Trust

Purchase Details

Closed on
Aug 28, 1980
Sold by
Carpenter Robert D and Carpenter Marion E
Bought by
Carpenter Robert D and Carpenter Marion E
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

Date Buyer Sale Price Title Company
Walker John M -- First American Title Company
Walker John M -- First American Title Company
Walker John M -- First American Title Company
Walker John M -- First American Title Company
Walker John M -- None Available
Walker John M -- None Available
36Th Street Apartments Llc $849,000 Old Republic Title Company
Carpenter William Glenn -- Old Republic Title Company
Carpenter William Glenn -- None Available
Carpenter Robert D -- None Available
Carpenter Robert D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker John M $440,000
Closed Walker John M $461,000
Previous Owner 36Th Street Apartments Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $849,000 0.0% $454 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $849,000 -- $454 / 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 $12,712 $985,338 $724,206 $261,132
2023 $12,423 $947,076 $696,084 $250,992
2022 $12,135 $928,505 $682,435 $246,070
2021 $11,768 $910,299 $669,054 $241,245
2020 $11,558 $900,966 $662,194 $238,772
2019 $11,351 $883,300 $649,210 $234,090
2018 $11,035 $865,980 $636,480 $229,500
2017 $2,509 $80,162 $16,810 $63,352
2016 $2,429 $78,590 $16,480 $62,110
2015 $2,296 $77,410 $16,232 $61,178
2014 $2,220 $75,894 $15,914 $59,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81614776

MLSListings

APN: 042-041-52-000