NOT LISTED FOR SALE

306 Hillcrest Dr Aptos, CA 95003

Estimated Value: $1,542,000 - $2,022,000

-- Bed
3 Baths
2,100 Sq Ft
$834/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $947,000 $451 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,815/month

100 Days on Market

Highlights

  • Forced Air Heating System
  • Aptos High School Rated A-
  • 1-minute walk to Seacliff State Beach

About This Home

As of October 2015

Duplex with ocean views. Walk to the beach, shopping, and dining.

Last Agent to Sell the Property

Jerry Smeltzer

David Lyng Real Estate License #00607867 Listed on: 03/01/2015

Last Buyer's Agent

Barbara Weidman

Monopoly Real Estate License #01931922

Monopoly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,712

Year Built

  • 1993

Lot Details

  • 4,966

Home Design

  • 2,100 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Parking

  • 3 Parking Spaces
  • No Garage
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $46,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,712

Year Built

1993

Lot Details

0

Listing Details

  • Zoning: R14
  • Subclass: Duplex
  • Age: 22
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1993

Interior Features

  • Living Sq Ft: 2100

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4966.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4966.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.83
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 46800.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
Irvin Michael J and Irvin Diana G
Bought by
Irvin Holdings Llc
Current Estimated Value
$1,812,216

Purchase Details

Closed on
Dec 16, 2020
Sold by
Fromm Larry J and Fromm Darlene R
Bought by
Fromm Larry J and Fromm Darlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2015
Closed on
Nov 9, 2015
Sold by
Fromm Larry J and Fromm Darlene R
Bought by
Fromm Family Trust
Seller's Agent
Jerry Smeltzer
David Lyng Real Estate
Buyer's Agent
Barbara Weidman
Monopoly Real Estate
List Price
$975,000
Sold Price
$947,000
Premium/Discount to List
-$28,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$531,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2015
Closed on
Oct 19, 2015
Sold by
Khun Kosal and Khun Sophy Lor
Bought by
Fromm Larry J and Fromm Darlene R
Seller's Agent
Jerry Smeltzer
David Lyng Real Estate
Buyer's Agent
Barbara Weidman
Monopoly Real Estate
List Price
$975,000
Sold Price
$947,000
Premium/Discount to List
-$28,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Khun Kosal and Khun Sophy L
Bought by
Khun Kosal and Khun Sophy Lor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
4.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 31, 2002
Sold by
Hedlund Joshua
Bought by
Khun Kosal and Khun Sophy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.88%

Purchase Details

Closed on
Dec 26, 2001
Sold by
Schoniger Barbara
Bought by
Hedlund Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Irvin Holdings Llc -- None Listed On Document
Fromm Larry J -- Title365
Fromm Family Trust -- First American Title Company
Fromm Larry J $947,000 First American Title Company
Khun Kosal -- --
Khun Kosal $680,000 First American Title Co
Hedlund Josh $475,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fromm Larry J $492,000
Previous Owner Fromm Larry J $531,000
Previous Owner Khun Kosal $477,000
Previous Owner Khun Kosal $480,000
Previous Owner Hedlund Josh $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $947,000 -2.9% $451 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $975,000 -- $464 / 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 $22,712 $1,910,174 $1,485,691 $424,483
2023 $22,255 $1,836,000 $1,428,000 $408,000
2022 $13,768 $1,056,396 $780,863 $275,533
2021 $13,360 $1,035,683 $765,552 $270,131
2020 $13,123 $1,025,064 $757,703 $267,361
2019 $12,886 $1,004,964 $742,846 $262,118
2018 $12,525 $985,259 $728,280 $256,979
2017 $12,399 $965,940 $714,000 $251,940
2016 $12,099 $947,000 $700,000 $247,000
2015 $11,225 $874,725 $490,874 $383,851
2014 $10,949 $857,590 $481,258 $376,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81453235

MLSListings

APN: 038-181-33-000