NOT LISTED FOR SALE

5074 Wilder Dr Unit 1 Soquel, CA 95073

Soquel Neighborhood

Estimated Value: $1,976,863 - $2,299,000

6 Beds
4 Baths
3,150 Sq Ft
$674/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $912,000 $290 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $13,535/month

32 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Laundry Facilities
  • Mission Hill Middle School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2013

Excellent Investment Opportunity. Great location for Capitola & Soquel's great schools, shopping, restaurants nearby. Well maintained- Terrific tenants, 2 on lease, 2 mo to mo. All would like to stay. 2 private yards, 2 balconies, dual pane windows, laundry on site. Good parking. Please do not disturb tenants.

Last Agent to Sell the Property

Caren Spencer

Monterey Bay Properties License #00879602 Listed on: 02/22/2013

Monterey Bay Properties

Last Buyer's Agent

Daniel Oster

Zip Realty Inc License #01381869

Zip Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,312

Year Built

  • 1970

Lot Details

  • 5,924

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $67,200
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $1,920
  • Maintenance Expense $1,200
  • Other Expense $1,000
  • Utility Expense $600
  • Trash Expense $1,400
  • Operating Expense $20,133
  • Gross Income $68,400

Additional Features

  • 3,150 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,312

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: 4plex
  • Subclass: Fourplex
  • Age: 43
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 289.52
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal
  • Living Sq Ft: 3150
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Vinyl / Linoleum, Carpet

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Off-Street Parking, Carport

Utilities

  • Heating System: Gas - Natural, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 13.14

Multi Family

  • Expense Insurance: 1920
  • Expense Landscape: 1800
  • Expense Maintenance: 1200
  • Expenses Other: 1000
  • Expenses Total: 20133
  • Expenses Utility: 600
  • Expense Trash: 1400
  • Expense Water Sewer: 2100
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 67200
  • Income Gross Scheduled: 68400
  • Income Includes: Laundry, Lease
  • Income Laundry: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Daniels Steve and Daniels Rowena
Bought by
Daniels Steven J and Daniels Rowena W
Current Estimated Value
$2,123,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$384,725
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,738,991

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 24, 2013
Sold by
Stephen Deborah and Spencer Dale
Bought by
Daniels Steve and Asai Rowena
Seller's Agent
Caren Spencer
Monterey Bay Properties
Buyer's Agent
Daniel Oster
Zip Realty Inc
List Price
$899,000
Sold Price
$912,000
Premium/Discount to List
$13,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$638,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Stephan Deborah and Spencer Dale
Bought by
Stephan Deborah and Spencer Dale

Purchase Details

Closed on
Mar 27, 2002
Sold by
Spencer Dale E and Spencer Caren
Bought by
Spencer Dale E and Spencer Caren L

Purchase Details

Closed on
Aug 3, 2001
Sold by
Randle Georgia R
Bought by
Spencer Dale E and Spencer Caren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.1%
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
Daniels Steven J -- Wfg Title Insurance Company
Daniels Steve $912,000 Old Republic Title Company
Stephan Deborah -- --
Spencer Dale E -- Santa Cruz Title Company
Spencer Dale E $700,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Steven J $530,000
Closed Daniels Steve $638,400
Previous Owner Spencer Dale E $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $912,000 +1.4% $290 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $899,000 -- $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
2025 $27,312 $2,228,537 $1,337,122 $891,415
2023 $26,700 $2,142,000 $1,285,200 $856,800
2022 $14,882 $1,058,288 $581,362 $476,926
2021 $14,384 $1,037,536 $569,962 $467,574
2020 $14,196 $1,026,898 $564,118 $462,780
2019 $13,870 $1,006,764 $553,058 $453,706
2018 $13,611 $987,024 $542,214 $444,810
2017 $13,405 $967,670 $531,582 $436,088
2016 $12,681 $948,696 $521,158 $427,538
2015 $12,262 $934,446 $513,330 $421,116
2014 $12,041 $918,992 $504,700 $414,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81305400

MLSListings

APN: 030-221-17-000