NOT LISTED FOR SALE

24 Buena Vista Dr Freedom, CA 95019

Estimated Value: $885,000 - $1,438,000

8 Beds
4 Baths
3,631 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $943,000 $260 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,339/month

21 Days on Market

Highlights

  • 0.7 Acre Lot
  • Traditional Architecture
  • Tile Flooring
  • Aptos High School Rated A-
  • Shed
  • Forced Air Heating System

About This Home

As of June 2018

Four units on one large parcel of land. Good income with upside potential three separate homes and one studio unit, with detached bathroom. Each of the homes have large yards, plenty of parking with several older garages for additional storage potential .Property needs some attention but lots of upside for your investors.. Very large yards for landscaping, storage, or enjoyment. You choose, please make appointment to access property.

Last Agent to Sell the Property

Kip Jackson

Coldwell Banker Realty License #00405040 Listed on: 05/09/2018

Co-Listed By

Bradley King

Coldwell Banker Realty License #01028382

Last Buyer's Agent

Roy Ramirez

KW Thrive Santa Cruz License #01489610

KW Thrive Santa Cruz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $148

Year Built

  • 1945

Lot Details

  • 0.7 Acre Lot
  • Pie Shaped Lot

Parking

  • 3 Car Garage
  • Varies By Unit

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 3,631 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $79,140

Community Details

Overview

  • 3,631 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $3,819
  • Maintenance Expense $1,200
  • Manager Expense $4,500
  • Utility Expense $780
  • Operating Expense $18,413
  • Gross Income $79,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$148

Year Built

1945

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-1-6
  • Subclass: Multiple Dwellings / Structures
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3631
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Living Sq Ft: 3631
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space, Pillars / Posts / Piers
  • Roof: Composition
  • Yard/Grounds: Storage Shed / Structure
  • Construction Type: Nonconforming, Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Varies By Unit

Utilities

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

Schools

  • High School: 826

Lot Info

  • Lot Description: Pie Shaped
  • Lot Acres: 0.6980
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30405.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 12.57
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3819
  • Expense Maintenance: 1200
  • Expense Management: 4500
  • Expenses Total: 18413
  • Expenses Utility: 780
  • Income Annual Gross: 79140.00
  • Income Annual Rental: 79140
  • Income Gross Scheduled: 79140
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 21, 2018
Sold by
Bv Freedom Llc
Bought by
Sabala Jesus Chavez
Seller's Agent
Kip Jackson
Coldwell Banker Realty
Buyer's Agent
Roy Ramirez
KW Thrive Santa Cruz
List Price
$1,100,000
Sold Price
$943,000
Premium/Discount to List
-$157,000
-14.27%
Current Estimated Value
$1,202,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,787
Avg. Annual Appreciation
3.35%
Original Mortgage
$707,250
Outstanding Balance
$611,653
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$591,134

Purchase Details

Closed on
Apr 27, 2017
Sold by
Jackson Keith M and Keith M Jackson Trust
Bought by
Bv Freedom Llc

Purchase Details

Closed on
May 3, 2016
Sold by
Jackson Keith M and Jackson Keith
Bought by
Jackson Keith M and Keith M Jackson Trust

Purchase Details

Closed on
Mar 17, 2016
Sold by
Jackson Gail A and Keith & Gail Jackson Trust
Bought by
Jackson Gail A and Gail A Jackson Trust

Purchase Details

Closed on
Sep 4, 2013
Sold by
West Ridge Rentals Llc
Bought by
Jackson Keith M and Jackson Gail A

Purchase Details

Closed on
Jun 24, 2013
Sold by
Alvarez Yesenia
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Farwell James and John Mesa Sr Revocable Living
Bought by
Alvarez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2006
Sold by
Mesa John R
Bought by
Mesa John R and John Mesa Sr Revocable Living

Purchase Details

Closed on
Jan 4, 2003
Sold by
Krinock Mesa Jr John R and Krinock Mesa Carrie
Bought by
Mesa John R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sabala Jesus Chavez $943,000 First American Title
Bv Freedom Llc -- None Available
Jackson Keith M -- None Available
Jackson Gail A -- None Available
Jackson Keith M $500,000 Fidelity National Title
West Ridge Rentals Llc $382,500 Fidelity National Title
Alvarez Yesenia $850,000 Stewart Title Of Ca Inc
Mesa John R -- None Available
Mesa John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabala Jesus Chavez $707,250
Previous Owner Alvarez Yesenia $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $943,000 -5.2% $260 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $995,000 -9.5% $274 / Sq Ft
05/09/2018 05/09/18 For Sale $1,100,000 -- $303 / 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 $148 $3,413 $3,413 --
2023 $145 $3,281 $3,281 $0
2022 $53 $3,217 $3,217 $0
2021 $136 $3,154 $3,154 $0
2020 $134 $3,121 $3,121 $0
2019 $131 $3,060 $3,060 $0
2018 $46 $539 $539 $0
2017 $0 $528 $528 $0
2016 $18 $518 $518 $0
2015 -- $510 $510 $0
2014 -- $546 $546 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kip Jackson

    Coldwell Banker Realty

  • Bradley King

    Seller Co-Listing Agent in 2018

    Bradley King

    Coldwell Banker Realty

    (831) 212-9500

    13 Total Sales

    Bradley King
    Section Image
  • Roy Ramirez

    Buyer's Agent in 2018

    Roy Ramirez

    KW Thrive Santa Cruz

    (408) 881-4433

    1 in this area

    87 Total Sales

    Roy Ramirez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81704697

MLSListings

APN: 049-461-10-000

California Santa Cruz County Freedom 95019

24 Buena Vista Dr, Freedom, CA

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