NOT LISTED FOR SALE

517 Mccormick Ct Unit A Capitola, CA 95010

Capitola Area

Estimated Value: $1,988,769

4 Beds
2 Baths
2,396 Sq Ft
$830/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2014

Last sale price $1,000,000 $417 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $12,664 / mo

Highlights

  • Deck
  • Neighborhood Views
  • Baseboard Heating
  • Main Street Elementary School Rated A-
  • Tile Flooring
  • Laundry Facilities

About This Home

As of June 2014

For Comp purposes. Duplex in Capitola, 2bed 1bath units, large landscaped yard, utility room shared by tenants. Each unit has private one car garage. Well maintained units.

Last Agent to Sell the Property

Holly Ma

David Lyng Real Estate License #01259297 Listed on: 06/16/2014

David Lyng Real Estate

Last Buyer's Agent

Caren Spencer

Monterey Bay Properties License #00879602

Monterey Bay Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 6,011

Home Design

  • Duplex

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,800
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $1,500
  • Maintenance Expense $400
  • Manager Expense $4,800
  • Utility Expense $600
  • Trash Expense $390
  • Operating Expense $16,964
  • Gross Income $58,800

Additional Features

  • 2,396 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Zoning: RES
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 417.36
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2396
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2396
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Community Facility
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6011.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6011.00
  • Lot Size Area Min Search: 6011.00
  • Maximum Lot Size: 6011.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.01

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1800
  • Expense Maintenance: 400
  • Expense Management: 4800
  • Expenses Total: 16964
  • Expenses Utility: 600
  • Expense Trash: 390
  • Expense Water Sewer: 2400
  • Income Annual Gross: 58800.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
2000 Alves Family Trust
Bought by
Current Estimated Value
$1,988,769

Purchase Details

Closed on
Jan 19, 2022
Sold by
Frank Alves Donald
Bought by
2000 Alves Family Trust

Purchase Details

Closed on
Jul 20, 2015
Sold by
Alves Donald F and Alves Randi S
Bought by
2000 Alves Family Trust

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 6, 2014
Sold by
Mulliner Brian A and Mulliner Linda S
Bought by
Alves Donald F and Alves Randi S
Seller's Agent
Holly Ma
David Lyng Real Estate
Buyer's Agent
Caren Spencer
Monterey Bay Properties
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$230,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Cicholas Andy S and Cicholas Andrew
Bought by
Mulliner Brian A and Mulliner Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Cicholas Penny
Bought by
Cicholas Andy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1994
Sold by
Bargiacchi Leo and Bargiacchi Clotilde
Bought by
Cicholas Andrew and Cicholas Penny
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Capitola, CA

  • Bonafede Team Real Estate Agent - Compass

    Bonafede Team

    Responds Quickly

    Compass

    (669) 266-0177

    266 Total Sales

    1 in Capitola

    $1,025,000 Price

    Bonafede Team
     Section Image
  • Kim Richman Real Estate Agent - Compass

    Kim Richman

    Compass

    (669) 230-0411

    81 Total Sales

    1 in Capitola

    $3,058,888 Price

    Kim Richman
     Section Image
  • Geneva Lawless Real Estate Agent - David Lyng Real Estate

    Geneva Lawless

    David Lyng Real Estate

    (831) 708-9272

    85 Total Sales

    3 in Capitola

    $565K - $2.6M Price Range

    Geneva Lawless
     Section Image
  • Jeff Wickum Real Estate Agent - Epique Realty

    Jeff Wickum

    Epique Realty

    (831) 246-9727

    29 Total Sales

    2 in Capitola

    $260K - $328K Price Range

    Jeff Wickum
     Section Image
  • Kelley Solberg Real Estate Agent - KW Bay Area Estates

    Kelley Solberg

    KW Bay Area Estates

    (669) 238-2350

    92 Total Sales

    1 in Capitola

    $445,000 Price

    Kelley Solberg
     Section Image
  • Mark Cohan Real Estate Agent - Compass

    Mark Cohan

    Compass

    (831) 273-8684

    31 Total Sales

    1 in Capitola

    $980,000 Price

    Mark Cohan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
2000 Alves Family Trust -- --
2000 Alves Family Trust -- None Available
Alves Donald F $1,000,000 First American Title Company
Mulliner Brian A $955,000 First American Title Company
Cicholas Andy S -- First American Title Co
Cicholas Andrew $300,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $230,000
Previous Owner Mulliner Brian A $668,500
Previous Owner Cicholas Andy S $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $1,000,000 0.0% $417 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $1,000,000 -- $417 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,216 $1,250,380 $625,190 $625,190
2025 $15,127 $1,225,864 $612,932 $612,932
2023 $14,777 $1,178,262 $589,131 $589,131
2022 $14,587 $1,155,158 $577,579 $577,579
2021 $14,228 $1,132,508 $566,254 $566,254
2020 $14,062 $1,120,896 $560,448 $560,448
2019 $13,731 $1,098,918 $549,459 $549,459
2018 $13,494 $1,077,370 $538,685 $538,685
2017 $13,299 $1,056,244 $528,122 $528,122
2016 $12,545 $1,035,534 $517,767 $517,767
2015 $12,232 $1,019,980 $509,990 $509,990
2014 $10,233 $836,672 $442,429 $394,243
Source: Public Records

Agents Affiliated with this Home

  • HM

    Seller's Agent in 2014

    Holly Ma

    David Lyng Real Estate

    Section Image

  • CS

    Buyer's Agent in 2014

    Caren Spencer

    Monterey Bay Properties

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Map

Source: MLSListings

MLS Number: ML81421394

MLSListings

APN: 036-101-30-000

California Santa Cruz County Capitola 95010

517 Mccormick Ct Unit A, Capitola, CA

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