NOT LISTED FOR SALE

305 E Beach St Watsonville, CA 95076

Estimated Value: $898,000 - $1,087,379

4 Beds
2 Baths
2,100 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $900,000 $429 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,246/month

10 Days on Market

Highlights

  • Mediterranean Architecture
  • Tandem Parking
  • Laundry Room
  • High Ceiling
  • Walk-In Closet
  • Fenced

About This Home

As of April 2022

Single level duplex with a great central location, within close proximity to schools, shopping, dining and commute routes. Large corner lot with low maintenance landscape and separate / fenced yard spaces for each unit. Units are separately metered for water, electricity and gas. Each unit features two spacious bedrooms, single bathrooms, high ceilings, in-unit laundry rooms and considerable storage. A great investment opportunity with high demand units and location!

Last Agent to Sell the Property

Sean Pate

Christie's International Real Estate Sereno License #01160202 Listed on: 03/15/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 4,748 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot

Home Design

  • Duplex
  • Mediterranean Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,100 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Oven

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Tandem Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $65,256

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Operating Expense $11,700
  • Gross Income $65,256

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Style: Mediterranean
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 2100
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Tandem Parking, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4748.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4748.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 14.39
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 11700
  • Income Annual Gross: 65256.00
  • Income Annual Rental: 65256
  • Income Gross Scheduled: 65256
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2025
Sold by
Thorensen Trygve
Bought by
Trygve Hugh Thorensen Trust and Thorensen
Current Estimated Value
$1,017,214

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 1, 2022
Sold by
Rackley Orville C and Rac Dolores
Bought by
Thorensen Trygve
Seller's Agent
Sean Pate
Christie's International Real Estate Sereno
Buyer's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
List Price
$939,000
Sold Price
$900,000
Premium/Discount to List
-$39,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Nov 23, 2021
Sold by
Mae Rackley Dolores
Bought by
Orville C Rackley Jr And Dolores Mae Rackley and Rackley Dolor

Purchase Details

Closed on
Mar 17, 2016
Sold by
Rackley Rex Lee
Bought by
Rex Lee Rackley & Brenda Lynn Rackley Re

Purchase Details

Closed on
Dec 17, 2015
Sold by
Martinez Rachelle C
Bought by
Martinez Rachelle C and Martinez Family Trust Survivin

Purchase Details

Closed on
Nov 18, 2004
Sold by
Rackley Dolores Mae and Rackley Rickie Louis
Bought by
Rackley Family Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trygve Hugh Thorensen Trust -- None Listed On Document
Thorensen Trygve $900,000 First American Title
Orville C Rackley Jr And Dolores Mae Rackley -- --
Rex Lee Rackley & Brenda Lynn Rackley Re -- None Available
Martinez Rachelle C -- None Available
Rackley Ronald C -- None Available
Rackley Dolores Mae -- None Available
Rackley Dolores Mae -- None Available
Rackley Family Lp -- --
Rackley Dolores Mae -- --
Rackley Dolores Mae -- --
Rackley Dolores Mae -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $900,000 -4.2% $429 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $939,000 -- $447 / 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 $10,997 $955,087 $689,785 $265,302
2023 $10,833 $918,000 $663,000 $255,000
2022 $1,241 $90,853 $26,348 $64,505
2021 $1,202 $89,070 $25,830 $63,240
2020 $1,187 $88,157 $25,566 $62,591
2019 $1,165 $86,431 $25,065 $61,366
2018 $1,135 $84,734 $24,573 $60,161
2017 $1,124 $83,074 $24,095 $58,979
2016 $1,868 $81,444 $23,619 $57,825
2015 $1,089 $80,220 $23,264 $56,956
2014 $1,066 $78,648 $22,808 $55,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81882366

MLSListings

APN: 017-041-49-000