NOT LISTED FOR SALE

Estimated Value: $1,679,000 - $2,291,000

3 Beds
3 Baths
1,234 Sq Ft
$1,644/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $1,350,000 $1,094 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,243/month

11 Days on Market

Highlights

  • Wood Flooring
  • Tile Countertops
  • Forced Air Heating System
  • Mission Hill Middle School Rated A-

About This Home

As of September 2017

Great Duplex remodeled in the sought after Seabright area! Close to restaurants mid-town, downtown, coffee, climbing gym, harbor, beach, parks, and Boardwalk. 312 Buena Vista Ave 2/2 new kitchen, new windows, new roof, new bathroom new subway tiled shower, new paint, refinished hardwood 2 car garage washer and dryer hookups in garage. Second home 211 Seaview, 1/1, new roof with carport washer and dryer hook ups. new tiled subway shower, hardwood floors refinished. Both units have undergone recent and extensive remodeling, including updates in kitchen and bathrooms. Great for an investor or owner investor. Lots off-street parking space big enough for RV or boat storage. First time on the market in years for this great investment opportunity in an ideal Seabright location.

Last Agent to Sell the Property

Janie lynn Hanson

Intero Real Estate Services License #01910582 Listed on: 09/08/2017

Intero Real Estate Services

Co-Listed By

Kara Murray

Intero Real Estate Services License #01983985

Last Buyer's Agent

Roger Berke

Thunderbird Real Estate License #00812949

Thunderbird Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,202

Year Built

  • 1955

Lot Details

  • 7,362 Sq Ft Lot
  • Mostly Level

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Off-Site Parking

Home Design

  • 1,234 Sq Ft Home
  • Duplex
  • Composition Roof

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Total Actual Rent $61,200

Community Details

Overview

  • 1,234 Sq Ft Building

Building Details

  • Gardener Expense $75
  • Insurance Expense $1,800
  • Utility Expense $120
  • Trash Expense $80
  • Operating Expense $3,319
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,202

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: r15
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1234
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Other, Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Electric, Pantry, Pantry Cabinet, Refrigerator, Varies By Unit
  • Living Sq Ft: 1234
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Carport, Off-Site Parking, Parking Area
  • Carport Min: 2

Utilities

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

Schools

  • School District: Santa Cruz City High
  • Elementary School: Gault Elementary
  • Middle School: Branciforte Middle School
  • High School: Santa Cruz High
  • High School: 852
  • Elementary School: 844
  • Middle School: 37459

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7362.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7362.00

Rental Info

  • Gross Rent Multiplier: 19.53

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 75
  • Expenses Total: 3319
  • Expenses Utility: 120
  • Expense Trash: 80
  • Income Annual Gross: 61200.00
  • Income Annual Rental: 61200
  • Income Gross Scheduled: 61200
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2020
Sold by
Cushnir Bruce D and Cushnir Emmy K
Bought by
Cushnir Bruce D and Cushnir Emmy K
Current Estimated Value
$2,028,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,100
Outstanding Balance
$293,007
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,796,931

Purchase Details

Closed on
Mar 23, 2018
Sold by
Cushnir Bruce D and Cushnir Emmy K
Bought by
Cushnir Bruce D and Cushnir Emmy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Sep 26, 2017
Sold by
Seaview Avenue Llc
Bought by
Cushnir Bruce D and Cushnir Emmy K
Seller's Agent
Janie lynn Hanson
Intero Real Estate Services
Buyer's Agent
Roger Berke
Thunderbird Real Estate
List Price
$1,195,000
Sold Price
$1,350,000
Premium/Discount to List
$155,000
12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Haggerty Patrick Joseph and Haggerty Iii Separat Patrick J
Bought by
Seaview Avenue Llc
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
Cushnir Bruce D -- Old Republic Title Company
Cushnir Bruce D -- Old Republic Title Company
Cushnir Bruce D -- Old Republic Title
Cushnir Bruce D -- Old Republic Title Company
Cushnir Bruce D $1,350,000 Orange Coast Title Co Norcal
Seaview Avenue Llc -- None Available
Haggerty Patrick Joseph -- None Available
Haggerty Patrick Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushnir Bruce D $329,100
Closed Cushnir Bruce D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $1,350,000 +13.0% $1,094 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $1,195,000 -- $968 / 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 $17,202 $1,579,231 $1,160,586 $418,645
2023 $16,989 $1,517,907 $1,115,519 $402,388
2022 $16,794 $1,488,144 $1,093,646 $394,498
2021 $16,438 $1,458,965 $1,072,202 $386,763
2020 $15,540 $1,374,679 $1,061,208 $313,471
2019 $15,043 $1,333,018 $1,040,400 $292,618
2018 $14,521 $1,268,645 $1,020,000 $248,645
2017 $3,209 $249,935 $98,189 $151,746
2016 $3,049 $245,035 $96,264 $148,771
2015 $2,903 $241,356 $94,819 $146,537
2014 $2,857 $236,629 $92,962 $143,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81677101

MLSListings

APN: 010-185-13-000