NOT LISTED FOR SALE

4795 Garnet St Unit A Capitola, CA 95010

Estimated Value: $1,556,000 - $2,702,000

4 Beds
2 Baths
1,440 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold November 02, 2012

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

Est. 179% increase in value since last sale

Current estimated payment $11,153/month

8 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Wall to Wall Carpet
  • Mission Hill Middle School Rated A-
  • Level Lot
  • Heating Available

About This Home

As of November 2012

Great Duplex in Jewel Box. Long term excellent tenants. (2) 2 Bed 1 bath units. Each unit has its own garage, and laundry room. Close to shopping, Capitola Village, Beaches, Restaurants, and Jade St Park. Great investment opportunity. Driveway recently repainted. Kitchen in Upstairs Unit Completely remodeled. Double pain windows through out and much more.

Last Agent to Sell the Property

Rob Ross

David Lyng Real Estate License #01446172 Listed on: 09/25/2012

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 3,528

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Not Connected to Sewer

Additional Features

  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $36,600
  • The owner pays for garbage, water

Community Details

Overview

  • 1,440 Sq Ft Building

Building Details

  • Insurance Expense $902
  • Maintenance Expense $894
  • Utility Expense $1,436
  • Operating Expense $10,678
  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

3,528 Sq Ft Lot

Listing Details

  • Zoning: R
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Property Inspection, 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: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 1440
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Gas Hookup, In Garage
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer Not Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3484.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3484.00
  • Lot Size Area Min Search: 3484.00
  • Maximum Lot Size: 3484.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.67
  • Min Rent2 Bed1 Bath: 1450

Multi Family

  • Expense Insurance: 902
  • Expense Maintenance: 894
  • Expenses Total: 10678
  • Expenses Utility: 1436
  • Income Annual Gross: 36600.00
  • Income Annual Rental: 36600
  • Income Gross Scheduled: 36600
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Maximum Rent2 Bed1 Bath: 1600
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Min Size2 Bed1 Bath: 720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Oct 25, 2012
Sold by
Marshall Joseph D and Marshall Charean B
Bought by
Tuncer Ayshe and Anderson Michael R
Seller's Agent
Rob Ross
David Lyng Real Estate
List Price
$720,000
Sold Price
$705,000
Premium/Discount to List
-$15,000
-2.08%
Current Estimated Value
$1,964,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,259,153
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Oct 5, 2004
Sold by
Deacon Robert T 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
$476,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Deacon Robert T and Deacon Diana
Bought by
Marshall Joseph D and Marshall Charean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tuncer Ayshe $705,000 Old Republic Title Company
Deacon Robert Thomas -- --
Marshall Joseph D $680,000 Santa Cruz Title Company
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 Marshall Joseph D $476,000
Previous Owner Deacon Robert T $413,100
Previous Owner Mohsenin Nuri N $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2012 11/02/12 Sold $705,000 -2.1% $490 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $720,000 -- $500 / Sq Ft
Source: MLSListings

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 $12,420 $971,708 $557,837 $413,871
2023 $12,117 $933,976 $536,176 $397,800
2022 $11,516 $876,663 $525,663 $351,000
2021 $8,374 $601,356 $515,356 $86,000
2020 $10,451 $793,819 $510,071 $283,748
2019 $10,205 $778,255 $500,070 $278,185
2018 $10,016 $762,994 $490,264 $272,730
2017 $9,865 $748,035 $480,652 $267,383
2016 $9,314 $733,367 $471,227 $262,140
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81235312

MLSListings

APN: 034-037-16-000

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