NOT LISTED FOR SALE

3600 N Main St Soquel, CA 95073

5 Beds
5 Baths
2,811 Sq Ft
0.56 Acres

Last Sold June 19, 2015

Last sale price $1,000,000 $356 Per Sq Ft

16 Days on Market

Highlights

  • Art Studio
  • Farmhouse Style Home
  • Coin Laundry
  • Main Street Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of June 2015

RARE OPPORTUNITY TO HAVE A 5 UNIT MULTI RES PROP ON N. MAIN ST, JUST S. OF PRINGLE LN. THERE ARE 3 UNITS IN THE MAIN STRUCTURE + 2 ONE UNIT BUILDINGS AT THE BACK OF THE PROPERTY, ONE WITH A SEPARATE DRIVEWAY. THE LOT IS 1/2 ACRE AND MOSTLY LEVEL THERE ARE MANY LARGE OPEN AREAS FOR GARDENS & OTHER USES. BUILDINGS ARE SET BACK FROM THE STREET WITH MATURE TREES & SHRUBS ALONG THE STREET PROVIDING PRIVACY AND SOUND INSULATION. PROJECTED RENT OF $1,050. FOR NON RENTED SPACE. TWO CAR GARAGE IS ALSO NOT RENTED.

Last Agent to Sell the Property

Leroy Rockelman

Thunderbird Real Estate License #00494731 Listed on: 05/11/2015

Last Buyer's Agent

Robert Deacon

Monterey Bay Properties License #00578842

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • Mostly Level

Parking

  • 2 Car Attached Garage
  • Unassigned Parking

Home Design

  • Quadruplex
  • Farmhouse Style Home
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,811 Sq Ft Home
  • Art Studio

Utilities

  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $77,400

Community Details

Building Details

  • 5 Leased Units
  • Insurance Expense $1,822
  • Maintenance Expense $1,900
  • Manager Expense $3,864
  • Other Expense $550
  • Utility Expense $4,380
  • Trash Expense $1,392
  • Operating Expense $18,341
  • Gross Income $80,700

Additional Features

  • 2,811 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1-10
  • Subclass: Fourplex
  • Style: Farm House
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2811
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 2811
  • Laundry: Coin Operated
  • Additional Rooms: Artist Studio

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Common Parking Area, Parking Area, Unassigned Spaces

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Existing Septic

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24524.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24524.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 14.25
  • Number Of Leased: 5

Multi Family

  • Utilities: Natural Gas
  • Expense Insurance: 1822
  • Expense Maintenance: 1900
  • Expense Management: 3864
  • Expenses Other: 550
  • Expenses Total: 18341
  • Expenses Utility: 4380
  • Expense Trash: 1392
  • Income Annual Gross: 80700.00
  • Income Annual Rental: 77400
  • Income Gross Scheduled: 80700
  • Income Includes: Laundry
  • Income Other: 3300
  • Meters: Separate Other
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Rent Only

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $1,000,000 -13.0% $356 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $1,150,000 -- $409 / 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 $13,607 $1,201,851 $781,203 $420,648
2023 $13,370 $1,155,181 $750,868 $404,313
2022 $13,264 $1,132,531 $736,145 $396,386
2021 $12,872 $1,110,324 $721,711 $388,613
2020 $12,770 $1,098,940 $714,311 $384,629
2019 $12,481 $1,077,391 $700,304 $377,087
2018 $12,319 $1,056,266 $686,573 $369,693
2017 $12,172 $1,035,556 $673,111 $362,445
2016 $11,487 $1,015,251 $659,913 $355,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81464584

MLSListings

APN: 030-271-22-000