NOT LISTED FOR SALE

307 Capitola Ave Unit 1 Capitola, CA 95010

Estimated Value: $2,037,000 - $2,499,072

4 Beds
4 Baths
1,680 Sq Ft
$1,301/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2013

Last sale price $1,278,000 $761 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $13,927 / mo

32 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Fireplace
  • Main Street Elementary School Rated A-
  • Balcony
  • 1-minute walk to Barrys Park

About This Home

As of September 2013

SUPERB CAPITOLA 4-PLEX OFFERING LUXURIOUS QUALITY AND DESIGNER FURNISHINGS THRUOUT. PROPERTY IS LOCATED IN THE HEART OF CAPITOLA VILLAGE JUST 1-1/2 BLOCKS FROM THE OCEAN, RIVER & ESPLANADE. STEPS FROM GREAT DINING & SHOPPING. UNITS CAN SLEEP UP TO 4 & FEATURE INTIMATE DECKS/PATIOS, 1-PARKING PERMIT PER UNIT,COMMON LAUNDRY & OUTSIDE SHOWER.PROPERTY IS CURRENTLY RUN AS A FURNISHED SHORT TERM RENTAL

Last Agent to Sell the Property

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 06/20/2013

Monterey Bay Properties

Last Buyer's Agent

Gail Mayo

Thunderbird Real Estate License #01180055

Thunderbird Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • Level Lot
  • Zero Lot Line

Parking

  • On-Street Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $93,055
  • The owner pays for cable TV, electric, garbage, services - gardener/landscaping, gas, heating, hot water

Community Details

Overview

  • 1,680 Sq Ft Building

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Laundry Facilities

Building Details

  • Gardener Expense $320
  • Insurance Expense $2,525
  • Maintenance Expense $1,511
  • Other Expense $1,539
  • Utility Expense $2,639
  • Trash Expense $454
  • Operating Expense $28,927
  • Gross Income $87,472

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

1,220 Sq Ft Lot

Listing Details

  • Zoning: NA
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 760.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1680
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1680
  • Stories: 2
  • Security: Security Alarm
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Community Facility
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood, City Lights
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Street

Utilities

  • Heating System: Baseboard, Fireplace, Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Bbq Area

Lot Info

  • Lot Description: Grade - Level, Zero Lot Line
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1220.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1220.00
  • Lot Size Area Min Search: 1220.00
  • Maximum Lot Size: 1220.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.92

Multi Family

  • Expense Insurance: 2525
  • Expense Landscape: 320
  • Expense Maintenance: 1511
  • Expenses Other: 1539
  • Expenses Total: 28927
  • Expenses Utility: 2639
  • Expense Trash: 454
  • Expense Water Sewer: 658
  • Income Annual Gross: 87472.00
  • Income Annual Rental: 93055
  • Income Gross Scheduled: 93055
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Master Electric, Master Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Heat, Utilities - Hot Water
  • Owner Pays: Cable Tv, Electric, Garbage, Services - Gardener/Landscaping, Gas, Heating, Hot Water
  • Vacancy Amount: 5583
  • Vacancy Factor: 6

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

Closed on
May 26, 2022
Sold by
Bought by
Current Estimated Value
$2,185,768

Purchase Details

Closed on
Jun 27, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 20, 2013
Closed on
Sep 5, 2013
Sold by
Bought by
Seller's Agent
Robert Deacon
Monterey Bay Properties
Buyer's Agent
Gail Mayo
Thunderbird Real Estate
List Price
$1,295,000
Sold Price
$1,278,000
Premium/Discount to List
-$17,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$766,800
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 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
$864,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
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
$640,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Old Republic Title
$2,060,000 Old Republic Title
$1,278,000 Old Republic Title Company
-- None Available
$1,080,000 --
$985,000 First American Title Co
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
Previous Owner $766,800
Previous Owner $864,000
Previous Owner $640,250
Closed $147,700
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
09/10/2013 09/10/13 Sold $1,278,000 -1.3% $761 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $1,295,000 -- $771 / 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 $27,919 $2,229,810 $1,688,594 $541,216
2023 $27,121 $2,143,224 $1,623,024 $520,200
2022 $26,758 $2,101,200 $1,591,200 $510,000
2021 $19,335 $1,447,345 $858,441 $588,904
2020 $19,079 $1,432,505 $849,639 $582,866
2019 $18,627 $1,404,417 $832,980 $571,437
2018 $18,272 $1,376,880 $816,647 $560,233
2017 $17,990 $1,349,882 $800,634 $549,248
2016 $16,986 $1,323,413 $784,935 $538,478
2015 $16,510 $1,303,535 $773,145 $530,390
2014 $16,165 $1,278,000 $758,000 $520,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Deacon

    Monterey Bay Properties

    Section Image

  • G

    Buyer's Agent in 2013

    Gail Mayo

    Thunderbird Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81322010

MLSListings

APN: 035-172-07-000

California Santa Cruz County Capitola 95010

307 Capitola Ave Unit 1, Capitola, CA

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