$682,000
SOLD JUN 5, 2013
4 Beds
-- Bath
1,660 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

5% Above List Price

9 Days on Market

Highlights

  • Level Lot
  • Carpet
  • 1-Story Property
  • Mission Hill Middle School Rated A-

About This Home

As of August 2015

2 for price of 1.Charming,well maintained single-level duplex in desirable Seabright neighborhood. Good size, light units with open beam ceilings, tiled kitchen/baths. Front unit has Pergo flooring, rear unit has private yard. Both units have fenced yards offering privacy and separate laundry/storage rooms w washer/dryers. Great separation, great location, great value. sf includes laundry rms.

Last Agent to Sell the Property

Andy Kay

Christie's International Real Estate Sereno License #00922383 Listed on: 04/22/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

sandy wallace

KW Thrive Santa Cruz License #01232172

KW Thrive Santa Cruz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,969

Year Built

  • 1963

Lot Details

  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Wall Furnace
  • Not Connected to Sewer

Listing and Financial Details

  • Total Actual Rent $36,600
  • The owner pays for garbage, water

Community Details

Overview

  • 1,660 Sq Ft Building

Building Details

  • Operating Expense $7,423
  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,969

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 50
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 410.84
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1660
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1660
  • Stories: 1
  • Laundry: Washer/Dryer - All Units
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Not Connected

Condo/Co-op/Association

  • HOA Amenities: Bbq Area

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5227.00
  • Lot Size Area Min Search: 5227.00
  • Maximum Lot Size: 5227.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.73

Multi Family

  • Expenses Total: 7423
  • Income Annual Gross: 36600.00
  • Income Annual Rental: 36600
  • Income Gross Scheduled: 36600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Jul 22, 2015
Sold by
Jones Scott C and Jones Anita J
Bought by
Packard Heath G
Seller's Agent
Joshua Bacorn
David Lyng Real Estate
Buyer's Agent
Joshua Bacorn
David Lyng Real Estate
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$1,360,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,614
Avg. Annual Appreciation
5.09%
Original Mortgage
$618,750
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2014
Sold by
Jones Scott C and Jones Anita J
Bought by
Jones Scott C and Jones Anita J

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 30, 2013
Sold by
Valiante Thomas and Valiante Lisa
Bought by
Jones Scott C and Jones Anita J
Seller's Agent
Andy Kay
Christie's International Real Estate Sereno
Buyer's Agent
sandy wallace
KW Thrive Santa Cruz
List Price
$649,000
Sold Price
$682,000
Premium/Discount to List
$33,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$458,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Swanson Donald M
Bought by
Valiante Thomas and Valiante Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.05%

Purchase Details

Closed on
Sep 2, 1998
Sold by
Swanson Gary G and Swanson Donna M
Bought by
Swanson Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $825,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $682,000 First American Title Company
Grant Deed $620,000 Santa Cruz Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 Credit Line Revolving
Closed $618,750 New Conventional
Previous Owner $458,000 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $440,000 New Conventional
Previous Owner $375,000 No Value Available
Previous Owner $245,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2015 08/02/15 Sold $825,000 0.0% $497 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $825,000 +21.0% $497 / Sq Ft
06/05/2013 06/05/13 Sold $682,000 +5.1% $411 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $649,000 -- $391 / 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 $10,969 $976,633 $668,846 $307,787
2023 $10,837 $938,710 $642,874 $295,836
2022 $10,717 $920,303 $630,268 $290,035
2021 $10,496 $902,258 $617,910 $284,348
2020 $10,415 $893,006 $611,574 $281,432
2019 $10,190 $875,497 $599,583 $275,914
2018 $10,076 $858,330 $587,826 $270,504
2017 $9,948 $841,500 $576,300 $265,200
2016 $9,402 $825,000 $565,000 $260,000
2015 $7,843 $698,784 $442,632 $256,152
2014 $7,787 $685,096 $433,961 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81313208

MLSListings

APN: 010-141-25-000