NOT LISTED FOR SALE

307 Treasure Island Dr Unit 1 Aptos, CA 95003

Rio del Mar Neighborhood

Estimated Value: $1,150,000 - $1,350,000

3 Beds
2 Baths
1,400 Sq Ft
$890/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $610,000 $436 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,613/month

11 Days on Market

Highlights

  • Wood Flooring
  • Aptos High School Rated A-
  • Balcony

About This Home

As of May 2013

Great duplex by the coveted area of Rio Del Mar beach flat. Only a 3-minute walk to beautiful beaches,coffee shop and Cafe Rio restaurant. Great opportunity for second home buyer, investor or first time home buyer; live in one unit and rent out second unit for cash-flow. Nice vaulted ceilings,tons of natural light, patio area for coffee in the morning or wine in the evening and a small garden area

Last Agent to Sell the Property

Myra Ambrosini

Bailey Properties License #01347758 Listed on: 03/28/2013

Last Buyer's Agent

Nancy Ahnemann

Inactive Office License #01360770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,461

Year Built

  • 1964

Lot Details

  • 2,875

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $30,900
  • The owner pays for garbage, water

Community Details

Overview

  • 1,400 Sq Ft Building

Building Details

  • Insurance Expense $2,540
  • Maintenance Expense $200
  • Trash Expense $276
  • Operating Expense $8,586
  • Gross Income $29,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,461

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R13.5
  • Subclass: Duplex
  • Age: 49
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 435.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1400
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Laminate, Carpet - Wall To Wall, Wood

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2613.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2613.00
  • Lot Size Area Min Search: 2613.00
  • Maximum Lot Size: 2613.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 19.74

Multi Family

  • Expense Insurance: 2540
  • Expense Maintenance: 200
  • Expenses Total: 8586
  • Expense Trash: 276
  • Expense Water Sewer: 848
  • Income Annual Gross: 29355.00
  • Income Annual Rental: 30900
  • Income Gross Scheduled: 30900
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Master Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Cable Tv, Utilities - Electric
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1545
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 1, 2013
Sold by
Holocher Ngoc J and Holocher Paul A
Bought by
Ahnemann Kenneth Paul and Ahnemann Nancy Jane
Seller's Agent
Myra Ambrosini
Bailey Properties
Buyer's Agent
Nancy Ahnemann
Inactive Office
List Price
$610,000
Sold Price
$610,000
Current Estimated Value
$1,246,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,553
Avg. Annual Appreciation
5.99%
Original Mortgage
$328,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Holocher Paul Alexander and Holocher Ngoc Juliet
Bought by
Holocher Ngoc J and Holocher Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 1999
Sold by
Henke Elayne Hamilton
Bought by
Holocher Paul Alexander and Holocher Ngoc Juliet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,205
Interest Rate
8.25%
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
Ahnemann Kenneth Paul $610,000 First American Title Company
Holocher Ngoc J -- Lawyers Title
Holocher Paul Alexander $295,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahnemann Kenneth Paul $284,986
Closed Ahnemann Kenneth Paul $328,000
Previous Owner Holocher Ngoc J $424,000
Previous Owner Holocher Paul Alexander $452,000
Previous Owner Holocher Paul Alexander $440,000
Previous Owner Holocher Paul Alexander $361,000
Previous Owner Holocher Paul Alexander $265,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $610,000 0.0% $436 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $610,000 -- $436 / 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 $9,461 $751,171 $557,837 $193,334
2023 $9,256 $722,003 $536,176 $185,827
2022 $9,050 $707,846 $525,663 $182,183
2021 $8,761 $693,967 $515,356 $178,611
2020 $8,614 $686,851 $510,071 $176,780
2019 $8,463 $673,383 $500,070 $173,313
2018 $8,235 $660,179 $490,264 $169,915
2017 $8,159 $647,235 $480,652 $166,583
2016 $7,961 $634,544 $471,227 $163,317
2015 $5,102 $377,260 $217,403 $159,857
2014 $4,978 $369,870 $213,144 $156,726
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Myra Ambrosini

    Bailey Properties

    Section Image

  • N

    Buyer's Agent in 2013

    Nancy Ahnemann

    Inactive Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81309801

MLSListings

APN: 042-181-28-000

California Santa Cruz County Aptos 95003 Rio del Mar

307 Treasure Island Dr Unit 1, Aptos, CA

This home is located at 307 Treasure Island Dr Unit 1, Aptos, CA 95003 since 28 March 2013 and is currently estimated at $1,245,413, approximately $889 per square foot. This property was built in 1964. 307 Treasure Island Dr Unit 1 is a home located in Santa Cruz County with nearby schools including Rio Del Mar Elementary School, Aptos Junior High School, and Aptos High School.

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