NOT LISTED FOR SALE

55 Marchant St Watsonville, CA 95076

Estimated Value: $576,000 - $816,000

4 Beds
2 Baths
1,541 Sq Ft
$454/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $600,000 $389 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,255/month

8 Days on Market

Highlights

  • Eat-In Kitchen
  • Walk-in Shower
  • Carpet
  • Storage Room
  • Separate Family Room

About This Home

As of May 2023

Great Investment Opportunity! Two homes on one lot in need of repairs and upgrades. The front home, (Approx. 900 sq. ft.) features 2 bedrooms and 1 bath. The back unit, (Approx. 641 sq. ft.) features 2 bedrooms and 1 bath. This is a great opportunity to own an investment property or income for one side, live in other. Seller did some repairs in the last few months. Units are separately metered for gas and electricity.

Last Agent to Sell the Property

Rosa Nuno

Buyers Realty License #01246625 Listed on: 03/18/2023

Last Buyer's Agent

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,926 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,541 Sq Ft Home
  • Separate Family Room
  • Storage Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 017-262-40-000

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1541
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1541
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

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

Lot Info

  • Parcel Number: 017-262-40-000
  • Lot Acres: 0.1590
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6926.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6926.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
May 11, 2023
Sold by
Unknown
Bought by
Figueroa Irving
Seller's Agent
Rosa Nuno
Buyers Realty
Buyer's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
70
Current Estimated Value
$700,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,299
Avg. Annual Appreciation
6.01%
Original Mortgage
$480,000
Outstanding Balance
$466,482
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$233,817
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
Figueroa Irving $600,000 Doma Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Irving $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $600,000 -7.7% $389 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $650,000 -- $422 / 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 $7,543 $624,240 $468,180 $156,060
2023 $1,995 $131,537 $73,882 $57,655
2022 $1,953 $128,958 $72,433 $56,525
2021 $1,704 $126,429 $71,013 $55,416
2020 $1,682 $125,133 $70,285 $54,848
2019 $1,650 $122,680 $68,907 $53,773
2018 $4,108 $120,274 $67,556 $52,718
2017 $8,383 $117,915 $66,231 $51,684
2016 $2,156 $115,603 $64,932 $50,671
2015 $1,542 $113,867 $63,957 $49,910
2014 $1,509 $111,636 $62,704 $48,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81922001

MLSListings

APN: 017-262-40-000