Seller's Agent in 2021
Nick Torres
Sherman & Boone Realtors
(831) 435-9949
5 in this area
47 Total Sales
44 Hill Ave Watsonville, CA 95076
Estimated Value: $881,809 - $1,250,000
4
Beds
3
Baths
1,500
Sq Ft
$708/Sq Ft
Est. Value
About This Home
As of July 2021Great Investment Opportunity! Centrally located duplex in Watsonville. Perfect for a family compound, or as an investment. The front unit, originally built in 1909 was recently remodeled completely and boasts newer windows, electrical, flooring, insulation, gutters, paint and much more. Pro Forma cap rate over 6%. Rare vacant units allows the new owner to dictate market rents.
Last Agent to Sell the Property
Sherman & Boone Realtors License #01719985 Listed on: 06/25/2021
Last Buyer's Agent
Christina Wallace
Lone Wolf Real Estate Tech.
Property Details
Home Type
- Multi-Family
Year Built
- 1909
Lot Details
- 5,750 Sq Ft Lot
- Security Fence
Home Design
- 1,500 Sq Ft Home
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Parking
- 6 Parking Spaces
- Off-Street Parking
Utilities
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $66,000
Community Details
Overview
- 1,500 Sq Ft Building
Building Details
- Insurance Expense $1,000
- Operating Expense $11,000
- Gross Income $66,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2021
Closed on
Jul 30, 2021
Sold by
Allen Steven D and Allen Amanda A
Bought by
Pajaro Valley Llc
Seller's Agent
Nick Torres
Sherman & Boone Realtors
Buyer's Agent
Christina Wallace
Lone Wolf Real Estate Tech.
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,702
Avg. Annual Appreciation
4.47%
Original Mortgage
$600,000
Outstanding Balance
$545,831
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$516,871
Purchase Details
Listed on
Jun 25, 2021
Closed on
Jul 26, 2021
Sold by
Costello Rentals Llc
Bought by
Allen Steven D and Allen Amanda
Seller's Agent
Nick Torres
Sherman & Boone Realtors
Buyer's Agent
Christina Wallace
Lone Wolf Real Estate Tech.
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$545,831
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$516,871
Purchase Details
Listed on
Dec 10, 2020
Closed on
Mar 26, 2021
Sold by
Costello Matthew
Bought by
Costello Rentals Llc
Seller's Agent
Sandy Hockman
Vista Properties Inc
Buyer's Agent
Leslie Cruz-Kelly
eXp Realty of California Inc
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.11%
Original Mortgage
$592,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 10, 2020
Closed on
Feb 18, 2021
Sold by
Costello Kathleen Marie
Bought by
Costello Matthew
Seller's Agent
Sandy Hockman
Vista Properties Inc
Buyer's Agent
Leslie Cruz-Kelly
eXp Realty of California Inc
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 10, 2020
Closed on
Feb 6, 2021
Sold by
Eastman Thomas A
Bought by
Costello Matthew
Seller's Agent
Sandy Hockman
Vista Properties Inc
Buyer's Agent
Leslie Cruz-Kelly
eXp Realty of California Inc
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2017
Sold by
Eastman Renee Susan
Bought by
Eastman Thomas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2010
Sold by
Johnson Timothy Carl and Eastman Family 1991 Trust
Bought by
Eastman Thomas A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pajaro Valley Llc | -- | Stewart Title Of Ca Inc | |
| Allen Steven D | $875,000 | Stewart Title Of Ca Inc | |
| Costello Rentals Llc | -- | None Listed On Document | |
| Costello Matthew | -- | First American Title | |
| Costello Matthew | $790,000 | First American Title | |
| Eastman Thomas A | -- | First American Title Company | |
| Eastman Thomas A | -- | First American Title Company | |
| Eastman Thomas A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen Steven D | $600,000 | |
| Previous Owner | Costello Matthew | $592,500 | |
| Previous Owner | Eastman Thomas A | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | $875,000 | -2.7% | $583 / Sq Ft | |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- | |
| 06/25/2021 06/25/21 | For Sale | $899,000 | +13.8% | $599 / Sq Ft | |
| 03/04/2021 03/04/21 | Sold | $790,000 | +1.9% | $989 / Sq Ft | View Prior Sale |
| 12/22/2020 12/22/20 | Pending | -- | -- | -- | |
| 12/10/2020 12/10/20 | For Sale | $775,000 | -- | $970 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $10,756 | $928,557 | $525,298 | $403,259 |
| 2023 | $10,594 | $892,500 | $504,900 | $387,600 |
| 2022 | $10,408 | $875,000 | $495,000 | $380,000 |
| 2021 | $1,098 | $74,542 | $15,580 | $58,962 |
| 2020 | $1,085 | $73,778 | $15,420 | $58,358 |
| 2019 | $1,064 | $72,331 | $15,117 | $57,214 |
| 2018 | $1,036 | $70,913 | $14,821 | $56,092 |
| 2017 | $1,024 | $69,522 | $14,531 | $54,991 |
| 2016 | $998 | $68,159 | $14,246 | $53,913 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Torres
-
Sandy Hockman
Seller's Agent in 2021
Sandy Hockman
Vista Properties Inc
(831) 588-5458
7 in this area
60 Total Sales
-
C
Buyer's Agent in 2021
Christina Wallace
Lone Wolf Real Estate Tech.
-
Steven Allen
Buyer's Agent in 2021
Steven Allen
Allen Property Group, Inc.
(831) 688-5100
5 in this area
8 Total Sales
-
L
Buyer's Agent in 2021
Leslie Cruz-Kelly
eXp Realty of California Inc
Map
Source: MLSListings
MLS Number: ML81850743
APN: 018-201-21-000
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