NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $1,359,000

4 Beds
2 Baths
1,929 Sq Ft
$632/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $520,000 $270 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $7,568/month

25 Days on Market

Highlights

  • Wood Flooring
  • Mission Hill Middle School Rated A-
  • 1-Story Property

About This Home

As of August 2013

DON'T MISS THIS OPPORTUNITY! ONE OF TWO SINGLE LEVEL DUPLEXES AVAILABLE ACROSS FROM EACH OTHER BUY ONE OR BOTH*BOTH UNITS HAVE GREAT OPEN FLOOR PLAN,HARDWOOD FLOORS,FIREPLACE,ONE CAR GARAGE & INDOOR LAUNDRY*NO COMMON WALLS EXCEPT BETWEEN GARAGES*FRESH EXTERIOR PAINT & GUTTERS SHORT WALK TO SOQUEL VILLAGE, WALK TO SCHOOLS,SHOPS,PARKS & RESTAURANTS & SHORT DISTANCE TO DOWNTOWN CAPITOLA & BEACHES

Last Listed By

Boyenga Team

Intero Real Estate Services License #70010882 Listed on: 07/05/2013

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,948

Year Built

  • 1961

Lot Details

  • Flag Lot
  • Lot Sloped Up

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,929 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $32,040
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 1,929 Sq Ft Building

Building Details

  • Operating Expense $2,793
  • Gross Income $32,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,948

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R-1-6
  • Subclass: Duplex
  • Age: 52
  • Inspections Reports: Geological/Flood, Pest Control
  • Sale Price Per Sq Ft: 269.57
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 1929
  • Stories: 1
  • Laundry: 220 Volt Outlet, Laundry Area - In Unit
  • Flooring: Tile, Hardwood, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Bbq Area

Schools

  • School District: Santa Cruz City High
  • Elementary School: Soquel Elementary
  • Middle School: New Brighton Middle
  • High School: Soquel High
  • High School: 877
  • Elementary School: 874
  • Middle School: 875

Lot Info

  • Lot Description: Flag Lot, Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6490.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6490.00
  • Lot Size Area Min Search: 6490.00
  • Maximum Lot Size: 6490.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.13

Multi Family

  • Expenses Total: 2793
  • Income Annual Gross: 32040.00
  • Income Annual Rental: 32040
  • Income Gross Scheduled: 32040
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Fee - Property Management
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2014
Sold by
Lambrechts Christopher J and Lambrechts Linda N
Bought by
Lambrechts Family Revocable Trust
Total Days on Market
25
Current Estimated Value
$1,219,895

Purchase Details

Listed on
Jul 5, 2013
Closed on
Aug 21, 2013
Sold by
The Roy Family Partnership
Bought by
Lambrechts Christopher J and Lambrechts Linda N
Seller's Agent
Boyenga Team
Intero Real Estate Services
Buyer's Agent
Boyenga Team
Intero Real Estate Services
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$390,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1998
Sold by
Roy Laurence David and Roy Laurence D
Bought by
Roy Patricia J

Purchase Details

Closed on
Oct 29, 1998
Sold by
Roy Patricia J and Patricia J Roy Survivors Trust
Bought by
The Roy Family Partnership

Purchase Details

Closed on
Apr 27, 1995
Sold by
Roy Patricia J and The Roy 1993 Revocable Trust
Bought by
Roy Patricia J
Source: Public Records

Similar Home in Soquel, CA

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    • 2 Baths
    • 1,767 Sq Ft
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    Tucked away in a quiet Soquel neighborhood, this well-located duplex is situated at the end of a cul-de-sac just off Capitola Avenue, the property offers both privacy and convenience close to beaches, shopping, dining, and Highway 1. 5035 Wilder Drive is a 1-bedroom, 1-bath unit with an attached one-car garage. 5037 Wilder Drive is a 2-bedroom, 1-bath unit, also with an attached one-car garage.

    Phillip Frandler CIFPM Inc

    Section Image

Range of Values:

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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
Lambrechts Family Revocable Trust -- None Available
Lambrechts Christopher J -- None Available
Lambrechts Christopher J $520,000 Orange Coast Title Company O
The Roy Family Partnership $300,000 Alliance Title
Roy Edward Laurence -- Alliance Title
Roy Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambrechts Christopher J $330,000
Closed Lambrechts Christopher J $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $520,000 -5.3% $270 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $549,000 -- $285 / 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
2023 $8,948 $612,696 $329,913 $282,783
2022 $8,787 $600,682 $323,444 $277,238
2021 $8,442 $588,904 $317,102 $271,802
2020 $8,326 $582,866 $313,851 $269,015
2019 $8,136 $571,437 $307,697 $263,740
2018 $7,978 $560,233 $301,664 $258,569
2017 $7,854 $549,247 $295,748 $253,499
2016 $7,435 $538,477 $289,949 $248,528
2015 $7,174 $530,389 $285,594 $244,795
2014 $7,023 $520,000 $280,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81323993

MLSListings

APN: 030-141-36-000