NOT LISTED FOR SALE

5701 Soquel Dr Soquel, CA 95073

Soquel Neighborhood

Estimated Value: $927,476

4 Beds
3 Baths
1,384 Sq Ft
$670/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $1,310,000 $947 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $5,849/month

6 Days on Market

Highlights

  • Art Studio
  • 1.08 Acre Lot
  • Shed
  • Main Street Elementary School Rated A-
  • Walk-In Closet
  • Guest Parking

About This Home

As of December 2017

Indigo Beach Properties, Inc. proudly presents this fabulous sunny Soquel property with endless potential! First time on the market! 1 acre property right in the heart of Soquel with 2 cute, single story homes on the property and 1 other outbuilding. All need some TLC but the true value lies in the potential of this property. Please consult with the Planning Dept for zoning info & development potential. Live in one, rent the other or rent out both while you develop the rest!

Last Agent to Sell the Property

Nicole Wood

Indigo Beach Properties, Inc. License #01259219 Listed on: 07/24/2017

Indigo Beach Properties, Inc.

Last Buyer's Agent

David Anderson

Anderson Christie, Inc. License #01819137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,610

Year Built

  • 1973

Lot Details

  • 1.08 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Guest Parking
  • Unassigned Parking

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 1,384 Sq Ft Home
  • 1-Story Property
  • Art Studio
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 1,384 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,610

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM-6
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1384
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: Appliances - Vary By Unit, Refrigerator
  • Living Sq Ft: 1384
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Artist Studio, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Yard/Grounds: Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 50
  • Garage Parking Features: Common Parking Area, Covered Parking, Guest / Visitor Parking, Parking Area, Room For Oversized Vehicle, Unassigned Spaces
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.0770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46914.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46914.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 65.28
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 18000.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
5701 Soquel Developments Llc
Bought by
Workbench
Total Days on Market
6
Current Estimated Value
$927,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,829,683
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2021
Sold by
Workbench
Bought by
5701 Soquel Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,829,683
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 24, 2017
Closed on
Nov 28, 2017
Sold by
Bond Virginia Ann
Bought by
Workbench
Seller's Agent
Nicole Wood
Indigo Beach Properties, Inc.
Buyer's Agent
David Anderson
Anderson Christie, Inc.
List Price
$1,175,000
Sold Price
$1,310,000
Premium/Discount to List
$135,000
11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2016
Sold by
Snider Lu Ann
Bought by
Bond Virginia

Purchase Details

Closed on
Nov 17, 2008
Sold by
Hughes Gilbert Homer and Huges Gilbert H
Bought by
Hughes Gilbert Homer
Source: Public Records

Range of Values:

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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
Workbench -- Old Republic Title
5701 Soquel Developments Llc -- Old Republic Title Company
Workbench $1,310,000 Old Republic Title Company
Bond Virginia -- None Available
Hughes Gilbert Homer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5701 Soquel Developments Llc $8,829,683
Previous Owner Workbench $858,000
Previous Owner Workbench $858,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $1,310,000 +11.5% $947 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $1,175,000 -- $849 / 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
2022 $17,610 $1,404,584 $1,179,422 $225,162
2021 $17,385 $1,377,043 $1,156,296 $220,747
2020 $17,190 $1,362,924 $1,144,440 $218,484
2019 $16,787 $1,336,200 $1,122,000 $214,200
2018 $16,503 $1,310,000 $1,100,000 $210,000
2017 $8,564 $592,563 $435,037 $157,526
2016 $5,010 $286,891 $153,015 $133,876
2015 $4,769 $282,581 $150,716 $131,865
2014 $4,651 $277,045 $147,764 $129,281
Source: Public Records

Agents Affiliated with this Home

  • Nicole Wood

    Seller's Agent in 2017

    Nicole Wood

    Indigo Beach Properties, Inc.

    (831) 234-9309

    2 in this area

    36 Total Sales

    Section Image
  • David Anderson

    Buyer's Agent in 2017

    David Anderson

    Anderson Christie, Inc.

    (831) 345-1600

    3 in this area

    113 Total Sales

    David Anderson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81671217

MLSListings

APN: 037-113-26-000

California Santa Cruz County Soquel 95073 Soquel

5701 Soquel Dr, Soquel, CA

This home is located at 5701 Soquel Dr, Soquel, CA 95073 since 24 July 2017 and is currently priced at $927,476, approximately $670 per square foot. This property was built in 1973. 5701 Soquel Dr is a home located in Santa Cruz County with nearby schools including Main Street Elementary School, New Brighton Middle School, and Mission Hill Middle School.

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