NOT LISTED FOR SALE

2706 Lafayette St Soquel, CA 95073

Soquel Area

Estimated Value: $1,455,386

4 Beds
3 Baths
2,076 Sq Ft
$701/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2016

Last sale price $950,000 $458 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,922 / mo

Highlights

  • Ranch Style House
  • Balcony
  • Tile Countertops
  • Wood Flooring
  • Fireplace
  • Storage Room

About This Home

As of March 2016

Great Duplex with hardwood floors, fireplaces and separation of units by garage.

Last Agent to Sell the Property

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 03/23/2016

Monterey Bay Properties

Last Buyer's Agent

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 03/23/2016

Monterey Bay Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,102 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Ranch Style House
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,076 Sq Ft Home
  • Fireplace
  • Storage Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $49,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Manager Expense $4,000
  • Utility Expense $1,500
  • Trash Expense $236
  • Operating Expense $19,236
  • Gross Income $48,216

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

8,102 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-1-6
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2076
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Countertop - Tile, Oven - Built-In, Oven Range - Built-In, Oven Range - Electric
  • Living Sq Ft: 2076
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air, Fireplace, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8102.16
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8102.16

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.31
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 2000
  • Expense Management: 4000
  • Expenses Total: 19236
  • Expenses Utility: 1500
  • Expense Trash: 236
  • Income Annual Gross: 48216.00
  • Income Annual Rental: 49200
  • Income Gross Scheduled: 49200
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
Mar 23, 2016
Closed on
Mar 14, 2016
Sold by
Bought by
Seller's Agent
Robert Deacon
Monterey Bay Properties
Buyer's Agent
Robert Deacon
Monterey Bay Properties
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,455,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,386
Avg. Annual Appreciation
4.20%
Original Mortgage
$760,000
Outstanding Balance
$586,532
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$868,854

Purchase Details

Closed on
Apr 23, 2014
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
$455,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2014
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
$455,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
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
$481,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2006
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
$630,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
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
$225,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
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
$575,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
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
$575,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Soquel, CA

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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
$950,000 Old Republic Title Company
$650,000 First American Title Company
-- First American Title Company
$321,000 Old Republic Title Company
-- Old Republic Title Company
$642,000 Old Republic Title Company
-- Accommodation
-- --
$822,500 --
-- --
$335,000 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 $760,000
Previous Owner $455,000
Previous Owner $481,500
Previous Owner $630,000
Previous Owner $225,000
Previous Owner $575,750
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
03/23/2016 03/23/16 Sold $950,000 0.0% $458 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $950,000 -- $458 / 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 $14,393 $1,124,608 $710,279 $414,329
2023 $14,047 $1,080,938 $682,698 $398,240
2022 $13,850 $1,059,743 $669,311 $390,432
2021 $13,402 $1,038,964 $656,188 $382,776
2020 $13,245 $1,028,310 $649,459 $378,851
2019 $12,937 $1,008,148 $636,725 $371,423
2018 $12,714 $988,380 $624,240 $364,140
2017 $12,531 $969,000 $612,000 $357,000
2016 $8,874 $673,097 $403,858 $269,239
2015 $8,600 $662,987 $397,792 $265,195
2014 $8,706 $676,022 $439,098 $236,924
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81576764

MLSListings

APN: 030-232-12-000

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