NOT LISTED FOR SALE

Estimated Value: $1,776,000 - $2,274,903

4 Beds
3 Baths
1,934 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $1,800,000 $931 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,833/month

Highlights

  • Wood Flooring
  • Balcony
  • Tile Countertops
  • Mission Hill Middle School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of May 2024

Terrific Pleasure Point Duplex, 2 bedroom 2 bath on one side, 2 bedroom 1 bath on other side, only three short bocks to the water! Dual pane windows, hardwood floors, private patios, what great units in a killer location!

Last Agent to Sell the Property

Tyanne Scaletti

Bailey Properties License #01336421 Listed on: 05/22/2024

Co-Listed By

Pat Simmons

Bailey Properties License #01211263

Last Buyer's Agent

Dianne Pereira

Bailey Properties License #01308046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,379

Year Built

  • 1957

Lot Details

  • 5,837 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 1,934 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • On-Street Parking

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $3,000
  • Operating Expense $22,582
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,379

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R-1-4-PP
  • Subclass: Duplex
  • Style: Ranch
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 1934
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: On Street, Parking Area

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5837.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5837.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.25
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 3000
  • Expenses Total: 22582
  • Income Annual Gross: 57600.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 57600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
May 14, 2024
Sold by
Lobue Marla and Salvadore Lobue Trust
Bought by
Christophe And Cecile Bellito Living Trust and Bellito
Seller's Agent
Tyanne Scaletti
Bailey Properties
Buyer's Agent
Dianne Pereira
Bailey Properties
List Price
$1,800,000
Sold Price
$1,800,000
Views
2
Current Estimated Value
$1,949,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,226
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Jun 19, 2006
Sold by
St Laurent Enterprises Llc
Bought by
Lobue Tiffani and Lobue Maria

Purchase Details

Closed on
Nov 5, 2000
Sold by
Ertel Thomas R and Dyer Claire D
Bought by
St Laurent Enterprises Llc

Purchase Details

Closed on
Jul 14, 2000
Sold by
St Laurent Enterprises Llc
Bought by
Ertel Thomas R and Dyer Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,500
Interest Rate
8.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2000
Sold by
Worrell Leo E & Shirley A Trustees
Bought by
St Laurent Enterprises Llc
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
Christophe And Cecile Bellito Living Trust $1,800,000 Stewart Title
Lobue Tiffani $1,000,000 None Available
St Laurent Enterprises Llc -- --
Ertel Thomas R -- First American Title Co
St Laurent Enterprises Llc $362,500 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ertel Thomas R $462,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $1,800,000 0.0% $931 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $1,800,000 -- $931 / 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 $17,379 $1,836,000 $1,453,500 $382,500
2023 $16,586 $1,313,520 $919,464 $394,056
2022 $16,191 $1,287,768 $901,437 $386,331
2021 $15,710 $1,262,517 $883,761 $378,756
2020 $15,531 $1,249,569 $874,698 $374,871
2019 $15,191 $1,225,068 $857,547 $367,521
2018 $14,147 $1,130,907 $791,637 $339,270
2017 $13,434 $1,066,893 $746,827 $320,066
2016 $12,498 $987,864 $691,506 $296,358
2015 $11,831 $931,947 $652,363 $279,584
2014 $10,825 $839,592 $587,714 $251,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81966764

MLSListings

APN: 032-132-14-000