NOT LISTED FOR SALE

420 Browns Valley Rd Watsonville, CA 95076

Estimated Value: $1,243,000 - $1,754,000

-- Bed
2 Baths
1,710 Sq Ft
$874/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $1,237,500 $724 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,481/month

Highlights

  • 1.92 Acre Lot
  • Aptos High School Rated A-
  • 2 Car Detached Garage

About This Home

As of June 2020

Nestled in the hills above the beautiful Monterey Bay is the small country town of Corralitos, where wonderful weather and ideal growing conditions make it famous for its apples, grapes, and berries. This Corralitos property is one of a kind and provides many opportunities! The 1.9 flat acres include 30,000sf of certified organic green houses, a barn complex including garage, workshop, and 800 square foot art studio. At the north end of the property is a charming 1700 square foot home which has been fully refurbished with a new kitchen, new paint, new flooring, and energy efficient windows. The 2 BR 1.5 BR house also has a living room and an oversized family room which may be used as an additional bedroom or office. Beautiful country views from every window, and a large fenced yard make this sunny home perfect for a family with children and pets. With its agricultural zoning, move-in ready home and numerous outbuildings, this property has great flexibility and investment potential!

Last Agent to Sell the Property

The Portola Group

KW Thrive Santa Cruz License #70010159 Listed on: 06/11/2020

KW Thrive Santa Cruz

Last Buyer's Agent

Roy Ramirez

KW Thrive Santa Cruz License #01489610

KW Thrive Santa Cruz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,339

Year Built

  • 1965

Lot Details

  • 1.92 Acre Lot

Parking

  • 2 Car Detached Garage
  • Uncovered Parking

Home Design

  • 1,710 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $61,160

Community Details

Overview

  • 1,710 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gross Income $61,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,339

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: A
  • Subclass: Multiple Dwellings / Structures
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1710
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 1710

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Parking Features: Detached Garage, Parking Area, Uncovered Parking

Utilities

  • Sewer/Septic System: Septic Standard

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 1.9180
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 83548.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 83548.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 20.23
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 61160.00
  • Income Annual Rental: 61160
  • Income Gross Scheduled: 61160
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Ortega Pedro and Ortega Mary
Bought by
Pedro And Mary Ortega Living Trust
Current Estimated Value
$1,498,377

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jun 3, 2020
Sold by
Arola Rockne T and Arola Kathy B
Bought by
Ortega Pedro and Ortega Mary
Seller's Agent
The Portola Group
KW Thrive Santa Cruz
Buyer's Agent
Roy Ramirez
KW Thrive Santa Cruz
List Price
$1,237,500
Sold Price
$1,237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$1,045,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1997
Sold by
Arola Rockne T and Arola Kathy Blair
Bought by
Arola Rockne T and Arola Kathy B

Purchase Details

Closed on
Aug 30, 1997
Sold by
Herschbach Dudley R
Bought by
Arola Rockne T and Arola Kathy Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,700
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
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
Pedro And Mary Ortega Living Trust -- --
Ortega Pedro $1,239,000 First American Title Company
Arola Rockne T -- --
Arola Rockne T $330,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Pedro $1,045,000
Previous Owner Arola Rockne T $309,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $1,237,500 0.0% $724 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,237,500 -- $724 / 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 $15,339 $1,346,372 $656,188 $690,184
2023 $15,096 $1,302,147 $630,707 $671,440
2022 $14,900 $1,276,615 $618,340 $658,275
2021 $14,525 $1,251,583 $606,216 $645,367
2020 $6,028 $481,820 $252,592 $229,228
2019 $5,580 $472,374 $247,640 $224,734
2018 $5,441 $463,110 $242,784 $220,326
2017 $5,396 $454,030 $238,024 $216,006
2016 $5,257 $445,126 $233,356 $211,770
2015 $5,142 $438,440 $229,850 $208,590
2014 $5,032 $429,852 $225,348 $204,504
Source: Public Records

Agents Affiliated with this Home

  • The Portola Group

    Seller's Agent in 2020

    The Portola Group

    KW Thrive Santa Cruz

    (831) 359-6164

    1 in this area

    57 Total Sales

    Section Image
  • Roy Ramirez

    Buyer's Agent in 2020

    Roy Ramirez

    KW Thrive Santa Cruz

    (408) 881-4433

    87 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81796253

MLSListings

APN: 107-131-27-000

California Santa Cruz County Watsonville 95076

420 Browns Valley Rd, Watsonville, CA

This home is located at 420 Browns Valley Rd, Watsonville, CA 95076 since 11 June 2020 and is currently estimated at $1,495,114, approximately $874 per square foot. This property was built in 1965. 420 Browns Valley Rd is a home located in Santa Cruz County with nearby schools including Bradley Elementary School, Aptos Junior High School, and Aptos High School.

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