NOT LISTED FOR SALE

601 Burlingame Ave Capitola, CA 95010

Estimated Value: $1,346,186 - $2,069,000

4 Beds
2 Baths
1,560 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $657,000 $421 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $9,408/month

11 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Wall to Wall Carpet
  • Mission Hill Middle School Rated A-
  • Guest Parking
  • 5-minute walk to Noble Gulch Park

About This Home

As of June 2012

Prime Capitola Duplex, Walking distance to Gayle's Bakery and Village. Corner location on quiet residential street. 2 large 780sf units. 2/1 each, both with 1 car garage and individual laundry. Lower has large private yard. Separate gas, electric and water meters. Upper unit has 22x24 deck. New roof in '88. Decking resurfaced in'99. Ideal opportunity to rent out both or keep one as a getaway

Last Agent to Sell the Property

Datta Khalsa

Main Street Realtors License #01161050 Listed on: 05/01/2012

Last Buyer's Agent

Lela Willet

Unique Homes & Land License #00963701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,860

Year Built

  • 1962

Lot Details

  • 4,400

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 1,560 Sq Ft Home
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Private Parking
  • Guest Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Deck

Listing and Financial Details

  • Total Actual Rent $42,000
  • The owner pays for garbage, services - gardener/landscaping
  • Month-to-Month Lease Term

Community Details

Overview

  • 1,560 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Operating Expense $6,685
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,860

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: CZ
  • Subclass: Duplex
  • Age: 50
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 421.15
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 1560
  • Laundry: Washer/Dryer - All Units, Washer/Dryer - Owned, Laundry Area - In All Units, In Garage
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Guest / Visitor Parking, Off-Street Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4356.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4356.00
  • Lot Size Area Min Search: 4356.00
  • Maximum Lot Size: 4356.00

Green Features

  • Energy Features: Low Flow Toilet, Insulation - Per Owner

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 15.69

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 1200
  • Expenses Total: 6685
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 18, 2012
Sold by
Koch Norma J and Norma J Koch 1989 Trust
Bought by
Potu Llc
Seller's Agent
Datta Khalsa
Main Street Realtors
Buyer's Agent
Lela Willet
Unique Homes & Land
List Price
$659,000
Sold Price
$657,000
Premium/Discount to List
-$2,000
-0.3%
Current Estimated Value
$1,572,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,797
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Koch Sherrie A
Bought by
Norma J Koch 1989 Trust
Source: Public Records

Range of Values:

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Average Value
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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
Potu Llc $657,000 Stewart Title Of California
Norma J Koch 1989 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norma J Koch 1989 Trust $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $657,000 -0.3% $421 / Sq Ft
05/12/2012 05/12/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $659,000 -- $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 $10,860 $825,230 $492,375 $332,855
2023 $10,584 $793,185 $473,255 $319,930
2022 $10,424 $777,633 $463,976 $313,657
2021 $10,149 $762,385 $454,878 $307,507
2020 $10,017 $754,568 $450,214 $304,354
2019 $9,782 $739,772 $441,386 $298,386
2018 $9,599 $725,266 $432,731 $292,535
2017 $9,452 $711,047 $424,247 $286,800
2016 $8,926 $697,104 $415,928 $281,176
2015 $8,649 $686,632 $409,680 $276,952
2014 $8,470 $673,182 $401,655 $271,527
Source: Public Records

Agents Affiliated with this Home

  • Datta Khalsa

    Seller's Agent in 2012

    Datta Khalsa

    Main Street Realtors

    (831) 818-0181

    5 in this area

    85 Total Sales

    Datta Khalsa
    Section Image

  • L

    Buyer's Agent in 2012

    Lela Willet

    Unique Homes & Land

    Section Image
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Map

Source: MLSListings

MLS Number: ML81216179

MLSListings

APN: 035-302-16-000

California Santa Cruz County Capitola 95010

601 Burlingame Ave, Capitola, CA

This home is located at 601 Burlingame Ave, Capitola, CA 95010 since 01 May 2012 and is currently estimated at $1,572,797, approximately $1,008 per square foot. This property was built in 1962. 601 Burlingame Ave is a home located in Santa Cruz County with nearby schools including Soquel Elementary School, New Brighton Middle School, and Mission Hill Middle School.

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