NOT LISTED FOR SALE

Estimated Value: $1,139,000 - $1,423,000

3 Beds
3 Baths
1,600 Sq Ft
$796/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $650,000 $406 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,309/month

5 Days on Market

About This Home

As of January 2017

This home is located at 514 Barson St Unit A, Santa Cruz, CA 95060 since 19 September 2016 and is currently estimated at $1,273,000, approximately $795 per square foot. This property was built in 1966. 514 Barson St Unit A is a home located in Santa Cruz County with nearby schools including Gault Elementary School, Mission Hill Middle School, and Santa Cruz High School.

Last Agent to Sell the Property

Christine Schneider

Schneider Estates, Inc. License #01749537 Listed on: 09/19/2016

Last Buyer's Agent

Christine Schneider

Schneider Estates, Inc. License #01749537 Listed on: 09/19/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,704

Year Built

  • 1966

Lot Details

  • 3,223 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $46,800

Community Details

Overview

Building Details

  • 3 Leased Units
  • Operating Expense $8,625
  • Gross Income $45,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,704

Year Built

1966

Lot Details

0

Listing Details

  • Subclass: Triplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 1600
  • Stories: 2
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Off-Street Parking, On Street, Varies By Unit

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Acres: 0.0740
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3223.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3223.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.89
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expenses Total: 8625
  • Income Annual Gross: 45396.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Dec 21, 2016
Sold by
Spitz Michael B
Bought by
Carlson Kenneth G
Seller's Agent
Christine Schneider
Schneider Estates, Inc.
Buyer's Agent
Christine Schneider
Schneider Estates, Inc.
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,208,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,333
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Apr 20, 2006
Sold by
Kovalenko Lawrence Barker and Lawrence Barker Kovalenko Revo
Bought by
Spitz Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 24, 1998
Sold by
Spencer Christopher and Spencer Richard
Bought by
Kovalenko Lawrene Barker and The Lawrene Barker Kovalenko R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Carlson Kenneth G $325,000 Old Republic Title Company
Spitz Michael B $690,000 First American Title Company
Kovalenko Lawrene Barker $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spitz Michael B $517,500
Previous Owner Kovalenko Lawrene Barker $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold $650,000 0.0% $406 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $650,000 -- $406 / 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 $8,704 $754,381 $580,293 $174,088
2023 $8,602 $725,088 $557,760 $167,328
2022 $8,509 $710,870 $546,823 $164,047
2021 $8,338 $696,931 $536,101 $160,830
2020 $8,275 $689,785 $530,604 $159,181
2019 $8,097 $676,260 $520,200 $156,060
2018 $8,009 $663,000 $510,000 $153,000
2017 $9,352 $778,832 $519,222 $259,610
2016 $8,389 $721,141 $480,761 $240,380
2015 $7,774 $680,322 $453,548 $226,774
2014 $7,059 $612,903 $408,602 $204,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81637309

MLSListings

APN: 010-165-01-000