NOT LISTED FOR SALE

514 Harriet Ave Aptos, CA 95003

Estimated Value: $1,017,000 - $1,279,000

2 Beds
2 Baths
1,200 Sq Ft
$934/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $739,000 $616 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,043/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Washer and Dryer
  • Aptos High School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of May 2017

Seacliff Beach Duplex. Nicely maintained property features two 1 bedroom 1 bath units located upstairs leased for $1550 A and $1500 B. Each unit features high ceilings, balcony, 1 car garage and additional large storage area located on first floor. There is an additional owners one car garage. The sale includes washer dryer in laundry room and refrigerators. Great location walking distance to beach. (Includes 3 10' x 20' garages, 2 storage areas 14.5 x 9.5 and 10' x 22' laundry rm - approx dimensions)

Last Agent to Sell the Property

George Wilson

David Lyng Real Estate License #00662250 Listed on: 03/30/2017

David Lyng Real Estate

Last Buyer's Agent

Dave Mann

Coldwell Banker Realty License #00491847

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,354

Year Built

  • 1964

Lot Details

  • 2,701

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Vaulted Ceiling
  • Gas Oven

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Balcony
  • 2,701 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $36,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,047
  • Maintenance Expense $500
  • Utility Expense $780
  • Operating Expense $9,275
  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,354

Year Built

1964

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM-2.5
  • Subclass: Duplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1200
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Pajaro Valley Unified
  • Elementary School: Rio del Mar Elementary
  • Middle School: Aptos Junior High
  • High School: Aptos High
  • High School: 826
  • Elementary School: 815
  • Middle School: 820

Lot Info

  • Lot Acres: 0.0620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2701.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2701.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Security Deposit
  • Gross Rent Multiplier: 20.74
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1047
  • Expense Maintenance: 500
  • Expenses Total: 9275
  • Expenses Utility: 780
  • Income Annual Gross: 36600.00
  • Income Annual Rental: 36600
  • Income Gross Scheduled: 36600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 2, 2017
Sold by
George Ryan
Bought by
Resetar Bradley W and Resetar Christel
Seller's Agent
George Wilson
David Lyng Real Estate
Buyer's Agent
Dave Mann
Coldwell Banker Realty
List Price
$759,000
Sold Price
$739,000
Premium/Discount to List
-$20,000
-2.64%
Current Estimated Value
$1,121,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,287
Avg. Annual Appreciation
5.15%

Purchase Details

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

Purchase Details

Closed on
Oct 25, 2012
Sold by
George Meitar
Bought by
George Ryan

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
Oct 12, 2012
Sold by
Lipski Stephen J and Demartini Pamela M
Bought by
George Ryan

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:

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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
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 $175,000
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 $30,000
Previous Owner Chasen Joel B $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $739,000 -2.6% $616 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $759,000 -- $633 / 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 $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: ML81644522

MLSListings

APN: 038-074-27-000