NOT LISTED FOR SALE

45 Marchant St Watsonville, CA 95076

Estimated Value: $435,000 - $707,000

5 Beds
1 Bath
816 Sq Ft
$701/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $410,000 $502 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,211/month

10 Days on Market

About This Home

As of October 2013

PERFECT INVESTMENT FOR OWNER OCCUPANT LIVE IN ONE RENT THE OTHER,LARGE LOT ,PLENTY OF PARKING OR GARDEN AREA. SEVERAL FRUIT TREES ON LOT CURRENTLY. CLOSE TO SCHOOLS AND SHOPPING. FOR INVESTORS LOCATED IN HIGH RENTAL DEMAND AREA. BOTH HOMES RECENTLY REMODELED AND IN MOVE IN READY CONDITION. SITUATED ON FLAG LOT OFFERING GOOD PRIVACY.

Last Agent to Sell the Property

Ray Quintero

Casa Blanca Realty License #00789143 Listed on: 08/23/2013

Casa Blanca Realty

Last Buyer's Agent

David Roque

Fair Deal Real Estate License #01152773

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,261

Year Built

  • 1939

Lot Details

  • Flag Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $36,000
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2 Units
  • 816 Sq Ft Building

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $500
  • Operating Expense $5,200
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,261

Year Built

1939

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 74
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 502.45
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 816
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Living Sq Ft: 816
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

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

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Flag Lot
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10759.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10759.00
  • Lot Size Area Min Search: 10759.00
  • Maximum Lot Size: 10759.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.11

Multi Family

  • Expense Insurance: 2000
  • Expense Maintenance: 500
  • Expenses Total: 5200
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Insurance, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2009
Sold by
Wachovia Mortgage Fsb
Bought by
Dominguez Alfredo
Current Estimated Value
$571,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Outstanding Balance
$72,376
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,436

Purchase Details

Closed on
Sep 5, 2008
Sold by
Rondaris Bonnie and Rondaris Hermila
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Jul 19, 2002
Sold by
Magdelano Adlofo
Bought by
Rondaris Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
6.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 18, 2002
Sold by
Rondaris Hermila
Bought by
Rondaris Hermila and Rondaris Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
6.7%
Mortgage Type
Stand Alone First
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
Dominguez Alfredo $127,500 Chicago Title Company
Wachovia Mortgage Fsb $69,825 First American Title Company
Rondaris Bonnie -- Stewart Title Of Ca Inc
Rondaris Hermila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Alfredo $114,750
Previous Owner Rondaris Bonnie $159,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2013 10/30/13 Sold $410,000 +2.5% $502 / Sq Ft
09/02/2013 09/02/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $399,900 +42.8% $490 / Sq Ft
06/04/2013 06/04/13 Sold $280,000 +10.0% $343 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $254,500 -- $312 / 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 $2,261 $164,190 $98,515 $65,675
2023 $2,224 $157,815 $94,690 $63,125
2022 $2,179 $154,720 $92,833 $61,887
2021 $1,897 $151,687 $91,013 $60,674
2020 $1,871 $150,132 $90,080 $60,052
2019 $1,837 $147,187 $88,313 $58,874
2018 $1,791 $144,302 $86,582 $57,720
2017 $1,775 $141,472 $84,884 $56,588
2016 $1,729 $138,698 $83,220 $55,478
2015 $1,722 $136,615 $81,970 $54,645
2014 $1,686 $133,939 $80,364 $53,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81331339

MLSListings

APN: 017-262-37-000