NOT LISTED FOR SALE

Estimated Value: $1,339,000 - $1,704,064

4 Beds
2 Baths
1,950 Sq Ft
$781/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $835,000 $428 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $8,934/month

17 Days on Market

About This Home

As of November 2015

Westside duplex near the University with small front and back yard with garden area. Two car garage with laundry area, outside covered carport. The back yard is south facing towards the City of Santa Cruz. Tenants have lease until June 2016. Some deferred maintenance, property to be sold "As Is". Will be on market 09/14/2015.

Last Agent to Sell the Property

David King

Thunderbird Real Estate License #01021869 Listed on: 09/14/2015

Last Buyer's Agent

Paul Cuccia

Coldwell Banker Realty License #01334276

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,063

Year Built

  • 1960

Lot Details

  • 5,314 Sq Ft Lot

Parking

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

Home Design

  • Duplex
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Total Actual Rent $51,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $100
  • Insurance Expense $300
  • Maintenance Expense $600
  • Manager Expense $340
  • Trash Expense $100
  • Operating Expense $10,116
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,063

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: duplex
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 1950
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition, Shingle
  • Construction Type: Wood

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.1220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5314.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5314.00

Rental Info

  • Gross Rent Multiplier: 16.47
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 300
  • Expense Landscape: 100
  • Expense Maintenance: 600
  • Expense Management: 340
  • Expenses Total: 10116
  • Expense Trash: 100
  • Income Annual Gross: 51600.00
  • Income Annual Rental: 51600
  • Income Gross Scheduled: 51600
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 11, 2015
Sold by
Pearlman Julie M
Bought by
Pearlman Shane
Seller's Agent
David King
Thunderbird Real Estate
Buyer's Agent
Paul Cuccia
Coldwell Banker Realty
List Price
$850,000
Sold Price
$835,000
Premium/Discount to List
-$15,000
-1.76%
Current Estimated Value
$1,523,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,266
Avg. Annual Appreciation
6.23%
Original Mortgage
$533,850
Outstanding Balance
$420,041
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,103,225

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 5, 2015
Sold by
Beatts Valerie K and Will Of Daly King
Bought by
Pearlman Shane
Seller's Agent
David King
Thunderbird Real Estate
Buyer's Agent
Paul Cuccia
Coldwell Banker Realty
List Price
$850,000
Sold Price
$835,000
Premium/Discount to List
-$15,000
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Outstanding Balance
$420,041
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,103,225

Purchase Details

Closed on
Apr 15, 2003
Sold by
Baldhosky Isabel B and Baldhosky Revocable T Isabel B
Bought by
Beatts Valerie K and Will Of Ella Daly King

Purchase Details

Closed on
Jul 6, 1995
Sold by
Baldhosky Isabel B
Bought by
Baldhosky Isabel B
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
Pearlman Shane -- First American Title Company
Pearlman Shane $835,000 First American Title Company
Beatts Valerie K $650,000 Santa Cruz Title Company
Baldhosky Isabel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearlman Shane $533,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2015 11/16/15 Sold $835,000 -1.8% $428 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $850,000 -- $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 $11,063 $985,512 $692,522 $292,990
2023 $10,930 $947,243 $665,630 $281,613
2022 $10,809 $928,670 $652,579 $276,091
2021 $10,616 $913,195 $639,783 $273,412
2020 $10,533 $903,831 $633,223 $270,608
2019 $10,307 $886,109 $620,807 $265,302
2018 $10,191 $868,734 $608,634 $260,100
2017 $10,062 $851,700 $596,700 $255,000
2016 $9,509 $835,000 $585,000 $250,000
2015 $8,832 $783,312 $542,292 $241,020
2014 $8,676 $767,192 $531,133 $236,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81513005

MLSListings

APN: 006-161-34-000