NOT LISTED FOR SALE

52 Front St Santa Cruz, CA 95060

Estimated Value: $1,709,019

2 Beds
2 Baths
2,155 Sq Ft
$793/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2015

Last sale price $995,000 $462 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,157 / mo

8 Days on Market

Highlights

  • Fireplace
  • Ceiling Fan
  • 4-minute walk to Fun Spot Bike Park
  • Mission Hill Middle School Rated A-

About This Home

As of December 2015

Incredible opportunity on Prime Beach Hill Location. Two one bedroom and one bath units and a commercial space below. The property has been well maintained and shows great pride of ownership. Rents are low and have not been raised in years. Lots of opportunity here for the right buyer. Steps to the Municipal Wharf Entrance, Main Beach, Coconut Grove, Beach Boardwalk, Marine Center, and everything Beach, This type of opportunity rarely comes available in this location. Plenty of additional storage on-sight.

Last Agent to Sell the Property

John O'Donnell

Santa Cruz Vanguard Realtors License #01344081 Listed on: 11/04/2015

Last Buyer's Agent

Sue Ellen Gales

Anderson Christie, Inc. License #01262649

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 4,792

Home Design

  • Composition Roof

Interior Spaces

  • 2,155 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Gas Oven

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $51,000

Community Details

Overview

  • 2,155 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $600
  • Maintenance Expense $500
  • Operating Expense $4,526
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Zoning: R-T(C)
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2155
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2155
  • Security: Varies By Unit

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 852

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4792.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4792.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.31
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 600
  • Expense Maintenance: 500
  • Expenses Total: 4526
  • Income Annual Gross: 51000.00
  • Income Annual Rental: 51000
  • Income Gross Scheduled: 51000
  • Meters: Separate Gas
  • Number Of Buildings: 2
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Hill Carolyn D and Hill Mary Elizabeth
Bought by
Camphill Trust
Current Estimated Value
$1,709,019

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 24, 2015
Sold by
Luttrell Raymond L and Luttrell Glyndean A
Bought by
Hill Carolyn D and Campbell Mary Elizabeth
Seller's Agent
John O'Donnell
Santa Cruz Vanguard Realtors
Buyer's Agent
Sue Ellen Gales
Anderson Christie, Inc.
List Price
$985,000
Sold Price
$995,000
Premium/Discount to List
$10,000
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$495,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1996
Sold by
Nelson Marsha and Rosen Paul J
Bought by
Rosen Paul J and Rosen Shirley M
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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Purchase History

Date Buyer Sale Price Title Company
Camphill Trust -- None Listed On Document
Hill Carolyn D $995,000 Old Republic Title Company
Rosen Paul J $35,300 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Carolyn D $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $995,000 +1.0% $462 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $985,000 -- $457 / 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 $13,151 $1,177,879 $739,874 $438,005
2023 $12,992 $1,132,140 $711,143 $420,997
2022 $12,848 $1,109,941 $697,199 $412,742
2021 $12,581 $1,088,178 $683,529 $404,649
2020 $12,484 $1,077,020 $676,520 $400,500
2019 $12,217 $1,055,902 $663,255 $392,647
2018 $12,079 $1,035,198 $650,250 $384,948
2017 $11,925 $1,014,900 $637,500 $377,400
2016 $3,717 $293,055 $144,465 $148,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81521520

MLSListings

APN: 007-212-03-000

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