F
Seller's Agent in 2019
Frank Murphy Realty
KW Thrive Santa Cruz
10
Beds
6
Baths
4,062
Sq Ft
0.26
Acres
Highlights
- 0.26 Acre Lot
- Traditional Architecture
- Wine Refrigerator
- Aptos High School Rated A-
- Wood Flooring
- Tile Countertops
About This Home
As of May 2019How many times have you wished for a home to own with [legal!] rental units to help offset the cost? This triplex is the perfect solution: a large 4bd home plus separate twin 3bd/2bath duplex units all on one large parcel AND in Seacliff to boot! Plenty of opportunities here for income property, extended family living, investment, etc. The large single level home shines with recent extensive improvements including a new kitchen and refurbished wood floors. The duplex units are spacious with on-site laundry, plenty of parking and have enjoyed regular maintenance. Ord is a tucked-away nook of the Seacliff neighborhood just a short walk to the beach and all the charms of central Seacliff. Per seller the market rents for the units are approx $4100 + $3200 + $3100, making for a projected GRM 13.50 of and Cap rate at 5.5%. As an investment, this property is a workhorse! Or configured as a family compound, you'll rarely come across another an in-town parcel with this unique arrangement!
Last Agent to Sell the Property
Frank Murphy Realty
KW Thrive Santa Cruz License #70010791 Listed on: 02/04/2019
Last Buyer's Agent
Max K. Nosrati
CENTURY 21 Masters License #00949454
Property Details
Home Type
- Multi-Family
Year Built
- 1965
Lot Details
- 0.26 Acre Lot
Home Design
- Triplex
- Traditional Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,062 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Range Hood
- Wine Refrigerator
- Tile Countertops
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- 6 Parking Spaces
- 2 Carport Spaces
- Off-Street Parking
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Heating System Uses Gas
- Separate Meters
Listing and Financial Details
- Total Actual Rent $108,000
Community Details
Building Details
- 2 Leased Units
- Gardener Expense $1,200
- Insurance Expense $2,880
- Maintenance Expense $1,500
- Utility Expense $2,772
- Operating Expense $31,476
- Gross Income $108,732
Additional Features
- 4,062 Sq Ft Building
- Coin Laundry
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2019 05/17/19 | Sold | $1,585,000 | -6.5% | $390 / Sq Ft |
| 04/08/2019 04/08/19 | Pending | -- | -- | -- |
| 03/07/2019 03/07/19 | For Sale | $1,695,000 | 0.0% | $417 / Sq Ft |
| 02/16/2019 02/16/19 | Pending | -- | -- | -- |
| 02/04/2019 02/04/19 | For Sale | $1,695,000 | -- | $417 / 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 | $23,876 | $1,768,098 | $1,210,338 | $557,760 |
| 2023 | $23,282 | $1,699,440 | $1,163,339 | $536,101 |
| 2022 | $22,708 | $1,666,118 | $1,140,529 | $525,589 |
| 2021 | $22,067 | $1,633,449 | $1,118,165 | $515,284 |
| 2020 | $21,646 | $1,616,700 | $1,106,700 | $510,000 |
| 2019 | $17,596 | $1,249,003 | $763,094 | $485,909 |
| 2018 | $17,071 | $1,224,514 | $748,132 | $476,382 |
| 2017 | $16,702 | $1,190,489 | $714,293 | $476,196 |
| 2016 | $16,215 | $1,167,146 | $700,287 | $466,859 |
| 2015 | $15,961 | $1,149,614 | $689,768 | $459,846 |
| 2014 | $15,543 | $1,127,094 | $676,256 | $450,838 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2019
Max K. Nosrati
CENTURY 21 Masters
Map
Source: MLSListings
MLS Number: ML81737634
APN: 038-075-04-000
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