NOT LISTED FOR SALE

515 Capitola Ave Unit B Capitola, CA 95010

Estimated Value: $1,644,375

2 Beds
2 Baths
1,450 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $950,000 $655 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,788/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • Mission Hill Middle School Rated A-
  • High Ceiling
  • 5-minute walk to Barrys Park

About This Home

As of May 2015

Mixed use building in the heart of Capitola Village. Live in the upstairs penthouse and rent the store below you. Lower unit is a retail space with huge street frontage. The upstairs is a Pat Reynolds built 2 bedroom and 1 bath with stainless steel appliances, granite, cherry cabinets, and bamboo floors. Enjoy outdoor living with large upper terrace, redwood deck, and 4 large parking spaces. Buyers to verify square footage of both upstairs unit and downstairs unit.

Last Agent to Sell the Property

Robert Tomaselli

Coldwell Banker Realty License #00546085 Listed on: 03/21/2015

Coldwell Banker Realty

Co-Listed By

Gabby Erlach

Coldwell Banker Realty License #01920613

Last Buyer's Agent

Randy Brown

Coldwell Banker Realty License #00978549

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • Lot Sloped Up

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • High Ceiling
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 4 Parking Spaces
  • No Garage
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts

Community Details

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: Mixed Use
  • Subclass: Multiple Dwellings / Structures
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1450
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range, Pantry Cabinet, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1450
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, No Garage, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4095.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4095.00

Multi Family

  • Utilities: Individual Electric Meters
  • Meters: Master Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2015
Closed on
May 5, 2015
Sold by
Zelver Stephen M and Zelver Carol A
Bought by
Simpkins Russell
Seller's Agent
Robert Tomaselli
Coldwell Banker Realty
Buyer's Agent
Randy Brown
Coldwell Banker Realty
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,644,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,375
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Crisp Rodney E and Crisp Sandra A
Bought by
Zelver Stephen M and Zelver Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simpkins Russell $950,000 First American Title Company
Zelver Stephen M $365,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zelver Stephen M $395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $950,000 -2.6% $655 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $975,000 -- $672 / 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 $14,376 $1,141,758 $721,110 $420,648
2023 $13,610 $1,097,422 $693,109 $404,313
2022 $12,874 $1,075,904 $679,518 $396,386
2021 $12,895 $1,054,808 $666,195 $388,613
2020 $12,611 $1,043,993 $659,364 $384,629
2019 $12,421 $1,023,522 $646,435 $377,087
2018 $12,665 $1,003,453 $633,760 $369,693
2017 $12,279 $983,778 $621,333 $362,445
2016 $11,599 $964,488 $609,150 $355,338
2015 $5,947 $477,219 $339,152 $138,067
2014 -- $467,870 $332,508 $135,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81456189

MLSListings

APN: 035-093-08-000