NOT LISTED FOR SALE

2875 Capitola Rd Unit 5 Santa Cruz, CA 95062

Live Oak Neighborhood

Estimated Value: $1,784,000 - $2,196,000

10 Beds
8 Baths
3,200 Sq Ft
$643/Sq Ft Est. Value

Last Sold March 06, 2013

Last sale price $820,000 $256 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $12,855/month

150 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Tile Flooring
  • Mission Hill Middle School Rated A-
  • Balcony

About This Home

As of March 2013

Great four-plex investment opportunity. Fully rented. New vinyl double-pane windows. All units have yards or decks.

Last Agent to Sell the Property

David Pera

Blue Sky Real Estate License #01202326 Listed on: 08/17/2012

Last Buyer's Agent

Mitchell Nazzisi

Realty World Castlerock License #01877079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,688

Year Built

  • 1966

Lot Details

  • 0.52

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $71,407
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3,200 Sq Ft Building

Building Details

  • Gardener Expense $1,988
  • Insurance Expense $2,500
  • Maintenance Expense $3,000
  • Manager Expense $3,000
  • Trash Expense $2,775
  • Operating Expense $26,109
  • Gross Income $72,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,688

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: RM3
  • Subclass: Fourplex
  • Age: 47
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 256.25
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3200
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Area, Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Gas - Natural
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22651.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 22651.00
  • Lot Size Area Min Search: 22651.00
  • Maximum Lot Size: 22651.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.29

Multi Family

  • Expense Insurance: 2500
  • Expense Landscape: 1988
  • Expense Maintenance: 3000
  • Expense Management: 3000
  • Expenses Total: 26109
  • Expense Trash: 2775
  • Expense Water Sewer: 4030
  • Income Annual Gross: 72407.00
  • Income Annual Rental: 71407
  • Income Gross Scheduled: 72407
  • Income Includes: Laundry
  • Income Laundry: 1000
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Services - Janitor, Fee - Property Management, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Decker Daniel
Bought by
Daniel Decker Revocable Trust and Decker
Current Estimated Value
$2,058,746

Purchase Details

Closed on
Feb 27, 2020
Sold by
Decker Daniel Paul and Decker Lisa Beth
Bought by
Decker Daniel

Purchase Details

Closed on
Sep 27, 2017
Sold by
Harker Dennis T and Harker Sandra E
Bought by
Decker Daniel Paul and Decker Lisa Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 17, 2012
Closed on
Feb 26, 2013
Sold by
Levine Joseph and The 1999 Daniel J Garr Revocab
Bought by
Harker Dennis T and Harker Sandra E
Seller's Agent
David Pera
Blue Sky Real Estate
Buyer's Agent
Mitchell Nazzisi
Realty World Castlerock
List Price
$1
Sold Price
$820,000
Premium/Discount to List
$819,999
81999900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Garr Daniel J and 1999 Daniel J Garr Revocable T
Bought by
Garr Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,750
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1999
Sold by
Garr Daniel J
Bought by
Garr Daniel J and 1999 Daniel J Garr Revocable T

Purchase Details

Closed on
May 24, 1999
Sold by
Burke Earl and Burke Ruth C
Bought by
Garr Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,300
Interest Rate
6.86%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Fukuda Masako
Bought by
Burke Steven T

Purchase Details

Closed on
Dec 29, 1998
Sold by
Burke Earl and Burke Ruth C
Bought by
Burke Earl and Burke Ruth C

Purchase Details

Closed on
Aug 27, 1998
Sold by
Fukuda Masako
Bought by
Burke Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,600
Interest Rate
7%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Burke Earl and Burke Ruth C
Bought by
Burke Earl and Burke Ruth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,600
Interest Rate
7%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Burke Steven T and Burke Earl
Bought by
Burke Earl and Burke Ruth C

Purchase Details

Closed on
Dec 15, 1993
Sold by
Wade Robert L and Wade Shirley B
Bought by
Burke Steven T and Burke Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,464
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
Daniel Decker Revocable Trust -- None Listed On Document
Decker Daniel -- None Available
Decker Daniel Paul $1,300,000 Old Republic Title Company
Harker Dennis T $820,000 Old Republic Title Company
Garr Daniel J -- First American Title Company
Garr Daniel J -- First American Title Company
Garr Daniel J -- --
Garr Daniel J $510,000 Old Republic Title Company
Burke Steven T -- --
Burke Earl -- Santa Cruz Title Company
Burke Steven T -- Santa Cruz Title Company
Burke Earl $171,000 Santa Cruz Title Company
Burke Earl -- Santa Cruz Title Company
Burke Steven T -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decker Daniel Paul $910,000
Previous Owner Harker Dennis T $46,000
Previous Owner Garr Daniel J $359,750
Previous Owner Garr Daniel J $398,000
Previous Owner Garr Daniel J $399,300
Previous Owner Burke Earl $338,600
Previous Owner Burke Steven T $86,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $820,000 +81999900.0% $256 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $1 -- $0 / 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 $20,688 $1,479,179 $796,481 $682,698
2023 $19,716 $1,421,740 $765,552 $656,188
2022 $19,199 $1,393,862 $750,541 $643,321
2021 $18,596 $1,366,532 $735,825 $630,707
2020 $18,346 $1,352,520 $728,280 $624,240
2019 $17,942 $1,326,000 $714,000 $612,000
2018 $17,570 $1,300,000 $700,000 $600,000
2017 $12,834 $870,054 $450,943 $419,111
2016 $12,518 $852,994 $442,101 $410,893
2015 $12,174 $840,181 $435,460 $404,721
2014 $11,946 $823,723 $426,930 $396,793
Source: Public Records

Agents Affiliated with this Home

  • David Pera

    Seller's Agent in 2013

    David Pera

    Blue Sky Real Estate

    (831) 515-8481

    11 Total Sales

    David Pera
    Section Image

  • M

    Buyer's Agent in 2013

    Mitchell Nazzisi

    Realty World Castlerock

    Section Image
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Map

Source: MLSListings

MLS Number: ML81230759

MLSListings

APN: 031-071-52-000

California Santa Cruz County Santa Cruz 95062 Live Oak

2875 Capitola Rd Unit 5, Santa Cruz, CA

This home is located at 2875 Capitola Rd Unit 5, Santa Cruz, CA 95062 since 17 August 2012 and is currently estimated at $2,058,746, approximately $643 per square foot. This property was built in 1966. 2875 Capitola Rd Unit 5 is a home located in Santa Cruz County with nearby schools including Mission Hill Middle School, Harbor High School, and Soquel High School.

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