NOT LISTED FOR SALE

Estimated Value: $1,432,000 - $1,669,000

2 Beds
3 Baths
1,576 Sq Ft
$969/Sq Ft Est. Value

Last Sold October 08, 2013

Last sale price $700,000 $444 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $9,099/month

19 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Building Patio
  • Mission Hill Middle School Rated A-
  • Skylights
  • Floor Furnace

About This Home

As of October 2013

Well Maintained legal duplex in a very desirable lower 41st Ave area. Updated with private yards and meters. This Jewel is just blocks to Opal Cliffs beaches, a short ride to Capitola Beach, great restaurants, shops and world class surf.

Last Agent to Sell the Property

David King

Thunderbird Real Estate License #01021869 Listed on: 08/21/2013

Last Buyer's Agent

Sue Digirolamo

David Lyng Real Estate License #00763028

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,547

Year Built

  • 1949

Lot Details

  • 5,358

Parking

  • No Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $2,575

Community Details

Overview

  • 2 Units
  • 1,576 Sq Ft Building

Amenities

  • Building Patio
  • Community Barbecue Grill

Building Details

  • Operating Expense $6,893
  • Gross Income $2,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,547

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R-1-5
  • Subclass: Duplex
  • Age: 64
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 444.16
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1576
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 1576
  • Stories: 1
  • Laundry: Washer/Dryer - All Units, Laundry Area - In All Units
  • Flooring: Hardwood - Partial, Wood, Hardwood

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Gas - Natural, Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Patio - Private, Bbq Area

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5358.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5358.00
  • Lot Size Area Min Search: 5358.00
  • Maximum Lot Size: 5358.00

Green Features

  • Energy Features: Insulated Water Heater, Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Skylight, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 277.67

Multi Family

  • Expenses Total: 6893
  • Income Annual Gross: 2575.00
  • Income Annual Rental: 2575
  • Income Gross Scheduled: 2575
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Kelly Daniel R
Bought by
Kelly Daniel Ryan and Kelly Alison Nicole
Current Estimated Value
$1,527,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 30, 2013
Sold by
Butler Alison C
Bought by
Kelly Daniel R
Seller's Agent
David King
Thunderbird Real Estate
Buyer's Agent
Sue Digirolamo
David Lyng Real Estate
List Price
$715,000
Sold Price
$700,000
Premium/Discount to List
-$15,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$525,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2010
Sold by
Butler Alison C and Butler Kevin J
Bought by
Butler Alison C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2002
Sold by
Mcginty Gerald K and Mcginty Kimberly K
Bought by
Macbeth Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.28%

Purchase Details

Closed on
May 23, 2001
Sold by
Mcginty Gerald K and Terauds Juris
Bought by
Mcginty Gerald K and Mcginty Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Brown William Lance
Bought by
Mcginty Gerald K and Terauds Juris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 19, 1993
Sold by
Lauritzen Gregory Ray
Bought by
Brown William Lance

Purchase Details

Closed on
Oct 25, 1985
Sold by
Lauritzen Thomas Ray
Bought by
Brown William Lance
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
Kelly Daniel Ryan -- None Available
Kelly Daniel R $700,000 Stewart Title Of Ca Inc
Butler Alison C -- Lawyers Title Co
Macbeth Alison $500,000 First American Title Co
Mcginty Gerald K -- First American Title Co
Mcginty Gerald K $260,000 Old Republic Title Company
Mcginty Gerald K -- Old Republic Title Company
Brown William Lance -- --
Brown William Lance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Daniel R $460,100
Closed Kelly Daniel R $466,000
Closed Kelly Daniel R $525,000
Previous Owner Butler Alison C $309,000
Previous Owner Butler Alison C $75,000
Previous Owner Macbeth Alison $304,500
Previous Owner Macbeth Alison $300,700
Previous Owner Mcginty Gerald K $330,000
Previous Owner Mcginty Gerald K $234,000
Previous Owner Brown William Lance $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $700,000 -2.1% $444 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $715,000 -- $454 / 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 $11,547 $858,104 $490,345 $367,759
2023 $11,249 $824,784 $471,305 $353,479
2022 $11,080 $808,611 $462,063 $346,548
2021 $10,680 $792,756 $453,003 $339,753
2020 $10,545 $784,627 $448,358 $336,269
2019 $10,302 $769,242 $439,567 $329,675
2018 $10,114 $754,159 $430,948 $323,211
2017 $9,964 $739,371 $422,498 $316,873
2016 $9,419 $724,874 $414,214 $310,660
2015 $9,139 $713,986 $407,992 $305,994
2014 $8,956 $700,000 $400,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81330851

MLSListings

APN: 033-112-01-000