NOT LISTED FOR SALE

608 Oak Dr Unit A Capitola, CA 95010

Estimated Value: $1,149,000 - $2,626,000

2 Beds
4 Baths
1,875 Sq Ft
$986/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $835,000 $445 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $10,901/month

Highlights

  • Deck
  • Neighborhood Views
  • Laundry Facilities
  • Mission Hill Middle School Rated A-
  • Building Patio
  • Washer and Dryer

About This Home

As of June 2014

CAPITOLA 4-PLEX-VERY CHARMING RIVERVIEW TERRACE CLOSE TO GAYLE'S BAKERY, CAPITOLA VILLAGE AND BEACH. FANTASTIC FRONT UNIS IS 2 BEDROOMS, 1 BATH WITH INSIDE LAUNDRY. PRIVATE FRONT DECK AND DUALPANE WINDOWS. 3 STUDIO UNITS TO THE BACK WITH INDIVIDUAL STORAGE AND QUAINT COMMON BACK PATIO.

Last Agent to Sell the Property

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 05/29/2014

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • 4,356

Parking

  • No Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $48,000
  • The owner pays for electric, hot water

Community Details

Overview

  • 1,875 Sq Ft Building

Amenities

  • Building Patio
  • Laundry Facilities

Building Details

  • Insurance Expense $1,261
  • Maintenance Expense $3,223
  • Manager Expense $3,217
  • Trash Expense $583
  • Operating Expense $22,093
  • Gross Income $47,040

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 445.33
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal
  • Living Sq Ft: 1875
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

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

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Description: Grade - Level
  • 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

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.69

Multi Family

  • Expense Insurance: 1261
  • Expense Maintenance: 3223
  • Expense Management: 3217
  • Expenses Total: 22093
  • Expense Trash: 583
  • Expense Water Sewer: 971
  • Income Annual Gross: 47040.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Hot Water, Services - Trash Removal, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Management, Vacancy Factor, Utilities - Water
  • Owner Pays: Electric, Hot Water
  • Tenant Expenses: Cable Tv
  • Vacancy Amount: 960
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Quiring Roger D and Quiring Alexis L
Bought by
Quiring Living Trust and Quiring
Current Estimated Value
$1,848,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,500
Outstanding Balance
$423,709
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,424,711

Purchase Details

Closed on
Apr 20, 2015
Sold by
Quiring Roger D and Quiring Alexis L
Bought by
Quiring Living Trust

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 10, 2014
Sold by
Deacon Robert Thomas and Deacon Diane Camille
Bought by
Quiring Roger D and Quiring Alexis L
Seller's Agent
Robert Deacon
Monterey Bay Properties
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$542,750
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2011
Sold by
Deacon Robert and Deacon Diana
Bought by
Deacon Robert Thomas and Deacon Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Deacon Robert and Deacon Diana C
Bought by
Deacon Robert Thomas and Deacon Diane Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Meadows Raleigh and Raleigh Meadows Trust Of 2002
Bought by
Deacon Robert and Deacon Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1998
Sold by
Boultinghouse Donald N and Meadows Raleigh O
Bought by
Meadows Raleigh and Groesbeck Donald G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quiring Living Trust -- Stewart Title
Quiring Roger D -- Stewart Title
Quiring Living Trust -- None Available
Quiring Roger D $835,000 Stewart Title Of Ca Inc
Deacon Robert Thomas -- Stewart Title Of California
Deacon Robert -- Stewart Title Of California
Deacon Robert Thomas -- Accommodation
Deacon Robert $887,500 Santa Cruz Title Company
Meadows Raleigh $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiring Roger D $460,500
Previous Owner Quiring Roger D $542,750
Previous Owner Deacon Robert $560,000
Previous Owner Deacon Robert $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $835,000 -1.6% $445 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $849,000 -- $453 / 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 $14,934 $1,023,596 $563,897 $459,699
2023 $14,496 $983,848 $542,000 $441,848
2022 $14,223 $964,558 $531,373 $433,185
2021 $13,806 $945,645 $520,954 $424,691
2020 $13,596 $935,948 $515,612 $420,336
2019 $13,275 $917,596 $505,502 $412,094
2018 $12,992 $899,604 $495,590 $404,014
2017 $12,776 $881,966 $485,873 $396,093
2016 $12,081 $864,672 $476,346 $388,326
2015 $11,654 $851,684 $469,191 $382,493
2014 $12,844 $969,981 $707,676 $262,305
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Deacon

    Monterey Bay Properties

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Map

Source: MLSListings

MLS Number: ML81418746

MLSListings

APN: 035-301-13-000

California Santa Cruz County Capitola 95010

608 Oak Dr Unit A, Capitola, CA

Not Listed for Sale

MultiFamily

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