NOT LISTED FOR SALE

514 Harriet Ave Aptos, CA 95003

Estimated Value: $948,000 - $1,487,000

2 Beds
2 Baths
1,200 Sq Ft
$975/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $489,000 $408 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $7,036/month

167 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Carpet
  • Aptos High School Rated A-
  • Level Lot

About This Home

As of October 2012

REDUCED TO SELL! Great money maker! $2875 per month! Two immaculate units with 1 car garages, 3 rented storage spaces and one additional garage not currently rented (more income). Pride of ownership, well maintained property with stable,long term tennants. Fantastic location near beach, shopping, restaurants and easy freeway access. Solid investment or beach get-away with income.

Last Agent to Sell the Property

Diane Molnar

David Lyng Real Estate License #01053522 Listed on: 03/12/2012

David Lyng Real Estate

Last Buyer's Agent

Jeanne Wilson

David Lyng Real Estate License #00549459

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 2,701

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Neighborhood Views
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $30,000
  • The owner pays for water

Community Details

Overview

  • 1,200 Sq Ft Building

Building Details

  • Insurance Expense $648
  • Maintenance Expense $540
  • Operating Expense $6,024
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: multi
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 407.50
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1200
  • Laundry: Laundry - No
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2613.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2613.00
  • Lot Size Area Min Search: 2613.00
  • Maximum Lot Size: 2613.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.46

Multi Family

  • Expense Insurance: 648
  • Expense Maintenance: 540
  • Expenses Total: 6024
  • Income Annual Gross: 34500.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 34500
  • Income Includes: Lease
  • Income Other: 4500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Owner Pays: Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
George Ryan
Bought by
Resetar Bradley W and Resetar Christel
Current Estimated Value
$1,170,366

Purchase Details

Closed on
Nov 29, 2016
Sold by
George Ryan
Bought by
George Ryan

Purchase Details

Listed on
Mar 12, 2012
Closed on
Oct 25, 2012
Sold by
George Meitar
Bought by
George Ryan
Seller's Agent
Diane Molnar
David Lyng Real Estate
Buyer's Agent
Jeanne Wilson
David Lyng Real Estate
List Price
$549,000
Sold Price
$489,000
Premium/Discount to List
-$60,000
-10.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Oct 12, 2012
Sold by
Lipski Stephen J and Demartini Pamela M
Bought by
George Ryan
Seller's Agent
Diane Molnar
David Lyng Real Estate
Buyer's Agent
Jeanne Wilson
David Lyng Real Estate
List Price
$549,000
Sold Price
$489,000
Premium/Discount to List
-$60,000
-10.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Lipski Stephen J and Demartini Pamela M
Bought by
Lipski Stephen J and Demartini Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Chasen Joel Bruce and The Joel Bruce Chasen Living T
Bought by
Lipski Stephen J and Lipski Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,900
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 4, 2003
Sold by
Chasen Joel B
Bought by
Chasen Joel Bruce and Joel Bruce Chasen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,900
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 28, 2001
Sold by
Kendall David
Bought by
Chasen Joel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Resetar Bradley W $739,500 Stewart Title Of Ca Inc
George Ryan -- Chicago Title Insurance Co
George Ryan -- First American Title Company
George Ryan $489,000 First American Title Company
Lipski Stephen J -- First American Title Company
Lipski Stephen J $447,000 First American Title Co
Chasen Joel Bruce -- --
Chasen Joel B $360,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Ryan $300,000
Previous Owner Lipski Stephen J $350,000
Previous Owner Lipski Stephen J $312,900
Previous Owner Chasen Joel B $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2012 10/30/12 Sold $489,000 -10.9% $408 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $549,000 -- $458 / 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 $11,354 $857,673 $683,585 $174,088
2023 $11,084 $824,369 $657,041 $167,328
2022 $10,819 $808,205 $644,158 $164,047
2021 $10,472 $792,357 $631,527 $160,830
2020 $10,281 $784,233 $625,052 $159,181
2019 $10,096 $768,856 $612,796 $156,060
2018 $9,812 $753,780 $600,780 $153,000
2017 $7,298 $518,849 $306,641 $212,208
2016 $7,090 $508,675 $300,628 $208,047
2015 $6,948 $501,034 $296,112 $204,922
2014 $6,771 $491,220 $290,312 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81209317

MLSListings

APN: 038-074-27-000