NOT LISTED FOR SALE

3460 Maplethorpe Ln Soquel, CA 95073

8 Beds
4 Baths
3,655 Sq Ft
1.56 Acre Lot

Sale Details

Date Sold: August 29, 2025

Last sale price $2,100,000 $575 Per Sq Ft

105 Days on Market

Highlights

  • Ocean View
  • 1.56 Acre Lot
  • Cottage
  • Main Street Elementary School Rated A-
  • Secluded Lot
  • Den

About This Home

As of August 2025

Fabulous opportunity for 5 units on 1.56 Acres on upper Maplethorpe in Soquel. 2 Bedroom original single family house plus 2 duplexes. Large open meadow area. Room to garden and even some Ocean Views. Rents are significantly under market on 3 units. All are month to month. 4 duplex units are each 2br and 1 bath with yards, enclosed patios, laundry hookups and garden areas. 1 unit has a 2 car garage. Single family house has 2 car garage, Shop, storage, multiple patios and yards and backs up to open oak area.

Last Agent to Sell the Property

Roger Berke

Compass License #00812949 Listed on: 01/29/2025

Compass

Last Buyer's Agent

Scott Poncetta

KW Bay Area Estates License #01497030

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 1.56 Acre Lot
  • Secluded Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Property Views

  • Ocean
  • Valley

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,655 Sq Ft Home
  • 1-Story Property
  • Den
  • Storage Room

Kitchen

  • Gas Oven
  • Tile Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Shed
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Total Actual Rent $138,840

Community Details

Overview

  • 3,655 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $5,148
  • Insurance Expense $3,528
  • Maintenance Expense $5,184
  • Utility Expense $4,400
  • Trash Expense $3,132
  • Operating Expense $44,240
  • Gross Income $138,840

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

1.56 Acres

Parking

2

Listing Details

  • Zoning: R-1-10
  • Subclass: Multiple Dwellings / Structures
  • Style: Cottage, Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3655
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile, Exhaust Fan, Oven Range - Gas
  • Living Sq Ft: 3655
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room, Office Area, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition, Rolled Composition, Shingle
  • View: Ocean, Valley
  • Yard/Grounds: Back Yard, Storage Shed / Structure
  • Horse Property: Possible
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Parking Features: Covered Parking, Detached Garage, Parking Area
  • Carport Min: 2

Utilities

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

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down, Private / Secluded, Views
  • Lot Acres: 1.5590
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 67910.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 67910.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3528
  • Expense Landscape: 5148
  • Expense Maintenance: 5184
  • Expenses Total: 44240
  • Expenses Utility: 4400
  • Expense Trash: 3132
  • Income Annual Gross: 138840.00
  • Income Annual Rental: 138840
  • Income Gross Scheduled: 138840
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 5
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Aug 27, 2025
Sold by
Bought by
Seller's Agent
Roger Berke
Compass
Buyer's Agent
Scott Poncetta
KW Bay Area Estates
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
0.0675%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2025
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2025
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
0.0574%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 Old Republic Title Company
-- None Listed On Document
-- None Listed On Document
-- Stewart Title Company
$1,260,000 Stewart Title Of California
$1,225,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,300,000
Closed $780,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $2,100,000 -6.7% $575 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $2,250,000 -- $616 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,849 $1,626,439 $851,944 $774,495
2023 $22,209 $1,563,283 $818,862 $744,421
2022 $21,818 $1,532,630 $802,806 $729,824
2021 $21,105 $1,502,578 $787,064 $715,514
2020 $20,809 $1,487,171 $778,994 $708,177
2019 $20,321 $1,458,011 $763,720 $694,291
2018 $19,916 $1,429,423 $748,745 $680,678
2017 $19,602 $1,401,393 $734,063 $667,330
2016 $18,554 $1,373,915 $719,670 $654,245
2015 $18,005 $1,353,276 $708,856 $644,420
2014 $17,617 $1,326,768 $694,972 $631,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82005777

MLSListings
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