NOT LISTED FOR SALE

4430 Soquel Dr Soquel, CA 95073

Estimated Value: $1,141,000 - $1,309,670

4 Beds
2 Baths
1,536 Sq Ft
$822/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $799,000 $520 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,087/month

5 Days on Market

Highlights

  • 1-Story Property
  • Mission Hill Middle School Rated A-
  • 3-minute walk to Heart of Soquel Plaza Park

About This Home

As of June 2019

NO RENT CONTROL! Duplex within walking distance to Soquel Village. 2-bed, 1-bath on each side. Great Occupancy history. Lots of potential.

Last Agent to Sell the Property

Chris Shoemaker

Shoemaker Commercial Real Estate License #01760812 Listed on: 05/03/2019

Last Buyer's Agent

Chris Shoemaker

Shoemaker Commercial Real Estate License #01760812 Listed on: 05/03/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,144 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $50,760

Community Details

Overview

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Maintenance Expense $2,500
  • Utility Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $16,900
  • Gross Income $50,760

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: PA
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 1536
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.1640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7144.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7144.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 15.74

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1500
  • Expense Maintenance: 2500
  • Expenses Total: 16900
  • Expenses Utility: 1200
  • Expense Trash: 1200
  • Income Annual Gross: 50760.00
  • Income Annual Rental: 50760
  • Income Gross Scheduled: 50760
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
May 29, 2019
Sold by
Bei Scott Company Llc
Bought by
Wells Dustin and Rosso Nona
Seller's Agent
Chris Shoemaker
Shoemaker Commercial Real Estate
Buyer's Agent
Chris Shoemaker
Shoemaker Commercial Real Estate
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,167,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,913
Avg. Annual Appreciation
7.19%
Original Mortgage
$784,528
Outstanding Balance
$679,254
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$583,664

Purchase Details

Closed on
Aug 21, 2018
Sold by
Bei Norman L and Norman L Bei 2010 Inter Vivos
Bought by
Bei Scott Company Llc

Purchase Details

Closed on
Jun 6, 2012
Sold by
Bei Norman L
Bought by
Bei Norman L and Norman L Bei 2010 Inter Vivos

Purchase Details

Closed on
Mar 7, 2007
Sold by
Bei Norman and Bei Scott T
Bought by
Bei Norman and Bei Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Scott Shirley
Bought by
Scott T J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Bei Scott Co Llc
Bought by
Bei Norman L and Bei Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2007
Sold by
Dediego Brian and Bonds Dediego Heather
Bought by
Bei Scott Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Dediego Brian and Bonds Diego Heather
Bought by
Dediego Brian and Bonds Dediego Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2006
Sold by
Dediego Henry J and De Diego Grace
Bought by
Dediego Brian and Bonds Dediego Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wells Dustin $799,000 First American Title Company
Bei Scott Company Llc -- First American Title Company
Bei Norman L -- None Available
Bei Norman -- First American Title Company
Scott T J -- First American Title Company
Bei Norman L -- First American Title Company
Bei Scott Co Llc $727,000 First American Title Company
Dediego Brian -- Accommodation
Dediego Brian $680,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Dustin $784,528
Previous Owner Bei Norman $345,000
Previous Owner Dediego Brian $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $799,000 0.0% $520 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $799,000 -- $520 / 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 $11,833 $891,300 $623,576 $267,724
2023 $11,529 $856,688 $599,360 $257,328
2022 $11,348 $839,890 $587,608 $252,282
2021 $10,949 $823,424 $576,088 $247,336
2020 $10,812 $814,980 $570,180 $244,800
2019 $11,453 $873,166 $668,986 $204,180
2018 $11,250 $856,044 $655,868 $200,176
2017 $10,753 $809,355 $620,099 $189,256
2016 $9,690 $749,403 $574,166 $175,237
2015 $9,072 $706,984 $541,665 $165,319
2014 $8,284 $636,922 $487,986 $148,936
Source: Public Records

Agents Affiliated with this Home

  • Chris Shoemaker

    Seller's Agent in 2019

    Chris Shoemaker

    Shoemaker Commercial Real Estate

    (831) 334-3947

    2 in this area

    11 Total Sales

    Chris Shoemaker
    Section Image

  • C

    Buyer Co-Listing Agent in 2019

    Carrie L Brumbaugh

    KW Thrive Santa Cruz

    Section Image
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Map

Source: MLSListings

MLS Number: ML81750121

MLSListings

APN: 030-141-34-000

California Santa Cruz County Soquel 95073

4430 Soquel Dr, Soquel, CA

Not Listed for Sale

MultiFamily

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