NOT LISTED FOR SALE

4775 Garnet St Unit A Capitola, CA 95010

Estimated Value: $1,471,000 - $2,601,000

4 Beds
2 Baths
1,440 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $705,000 $490 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $11,878/month

Highlights

  • Deck
  • Neighborhood Views
  • Level Lot
  • Mission Hill Middle School Rated A-
  • Tile Flooring

About This Home

As of February 2013

Walk to beach! Fantastic opportunity to own a well cared for Jewel Box duplex in the heart of Capitola. Each unit has separate garage and laundry room. Wonderful location, close to Capitola Village & shops.

Last Agent to Sell the Property

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 01/02/2013

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 3,354

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $36,000
  • The owner pays for garbage

Community Details

Overview

  • 1,440 Sq Ft Building

Building Details

  • Gardener Expense $884
  • Maintenance Expense $1,546
  • Manager Expense $2,097
  • Trash Expense $406
  • Operating Expense $13,399
  • Gross Income $34,920

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: N/A
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 489.58
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range
  • Living Sq Ft: 1440
  • Stories: 2
  • Laundry: Laundry Area - In All Units, In Garage
  • Flooring: Tile

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3049.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3049.00
  • Lot Size Area Min Search: 3049.00
  • Maximum Lot Size: 3049.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.97

Multi Family

  • Expense Landscape: 884
  • Expense Maintenance: 1546
  • Expense Management: 2097
  • Expenses Total: 13399
  • Expense Trash: 406
  • Expense Water Sewer: 873
  • Income Annual Gross: 34920.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Maintenance - Repair, Fee - Property Management, Vacancy Factor, Utilities - Water
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Electric
  • Vacancy Amount: 1080
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Feb 7, 2013
Sold by
Deacon Robert Thomas and Deacon Diana Camille
Bought by
Tuncer Ayshe and Anderson Michael R
Seller's Agent
Robert Deacon
Monterey Bay Properties
List Price
$719,000
Sold Price
$705,000
Premium/Discount to List
-$14,000
-1.95%
Current Estimated Value
$2,081,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,376,981
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Jun 6, 2010
Sold by
Deacon Robert and Deacon Diana
Bought by
Deacon Robert Thomas and Deacon Diane Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Deacon Robert T and Deacon Diane
Bought by
Deacon Robert Thomas and Deacon Diane Camille

Purchase Details

Closed on
Nov 7, 2003
Sold by
Mohsenin Nuri N and Mohsenin Iran C
Bought by
Deacon Robert T and Deacon Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1994
Sold by
Whiting Peter and Whiting Jackie
Bought by
Mohsenin Nuri N and Mohsenin Iran C
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
Tuncer Ayshe $705,000 Old Republic Title Company
Deacon Robert Thomas -- Stewart Title Of California
Deacon Robert -- Stewart Title Of California
Deacon Robert Thomas -- --
Deacon Robert T $579,000 Santa Cruz Title Company
Mohsenin Nuri N $200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deacon Robert $385,000
Previous Owner Deacon Robert T $413,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $705,000 -1.9% $490 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $719,000 -- $499 / 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 $12,027 $934,766 $520,895 $413,871
2023 $11,730 $898,468 $500,668 $397,800
2022 $10,702 $802,851 $490,851 $312,000
2021 $7,998 $567,226 $481,226 $86,000
2020 $10,451 $793,820 $476,292 $317,528
2019 $10,205 $778,255 $466,953 $311,302
2018 $10,016 $762,995 $457,797 $305,198
2017 $9,865 $748,033 $448,820 $299,213
2016 $9,314 $733,366 $440,020 $293,346
2015 $9,033 $722,350 $433,410 $288,940
2014 $8,848 $708,200 $424,920 $283,280
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Deacon

    Monterey Bay Properties

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Map

Source: MLSListings

MLS Number: ML81300060

MLSListings

APN: 034-037-17-000

California Santa Cruz County Capitola 95010

4775 Garnet St Unit A, Capitola, CA

Not Listed for Sale

MultiFamily

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