Shawndy Linquist
Compass
(831) 708-6387
98 Total Sales
3 in Upper Seabright
$925K - $1.7M Price Range
640 Sumner St Santa Cruz, CA 95062
Upper Seabright NeighborhoodEstimated Value: $2,458,000 - $3,278,000
8
Beds
8
Baths
3,926
Sq Ft
$750/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Granite Countertops
- Laundry Room
- Mission Hill Middle School Rated A-
- 4 Car Attached Garage
- Storage Room
About This Home
As of August 2016Legal 4-Plex in the heart of the sought after Seabright! Walk or bike to beach, harbor, parks, schools, and countless Midtown shops and restaurants. Built in 1972 on a 9,714 sq. ft. corner lot, all 4 units are approximately 981 sq ft with 2BR/1.5BA floor plans plus two shared 2-car garages and a coin operated laundry room. 3 of the 4 units are rented at market rates and the fourth unit has undergone recent and extensive remodeling, including updates in kitchen and bathrooms. Great for an investor or owner investor, having one unit with large private yard and separate off-street parking space big enough for RV or boat storage. First time on the market in years for this great investment opportunity in an ideal Seabright location.
Last Agent to Sell the Property
Anderson Christie, Inc. License #00963701 Listed on: 06/21/2016
Co-Listed By
Jacob Z Willet
Anderson Christie, Inc. License #01441640
Last Buyer's Agent
Katrin Tobin
Coldwell Banker Realty License #01356724
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Property Details
Home Type
- Multi-Family
Year Built
- 1972
Lot Details
- 9,714 Sq Ft Lot
- Back Yard
Parking
- 4 Car Attached Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,926 Sq Ft Home
- 2-Story Property
- Storage Room
Kitchen
- Electric Oven
- Range Hood
- Dishwasher
- Granite Countertops
- Tile Countertops
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Heating System
- Separate Meters
- 220 Volts
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $121,200
- Month-to-Month Lease Term
Community Details
Building Details
- 3 Leased Units
- Insurance Expense $2,737
- Maintenance Expense $5,000
- Utility Expense $300
- Trash Expense $4,920
- Operating Expense $36,351
- Gross Income $121,200
Additional Features
- 3,926 Sq Ft Building
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2016
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,000
Outstanding Balance
$852,886
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,091,338
Purchase Details
Listed on
Jun 21, 2016
Closed on
Jul 22, 2016
Sold by
Bought by
Seller's Agent
Lela Willet
Anderson Christie, Inc.
Buyer's Agent
Katrin Tobin
Coldwell Banker Realty
List Price
$1,949,500
Sold Price
$1,840,000
Premium/Discount to List
-$109,500
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Purchase Details
Closed on
Jul 18, 2015
Sold by
Bought by
Purchase Details
Closed on
Jun 28, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 20, 2004
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 1999
Sold by
Bought by
Purchase Details
Closed on
Mar 27, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Upper Seabright, CA
-
Shawndy Linquist
-
Maureen Kendall
Maureen Kendall
David Lyng Real Estate
(669) 333-3681
33 Total Sales
1 in Upper Seabright
$3,300,000 Price
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
110 Total Sales
1 in Upper Seabright
$1,050,000 Price
-
Paul Burrowes
Paul Burrowes
David Lyng Real Estate
(831) 480-0660
45 Total Sales
1 in Upper Seabright
$1,725,000 Price
-
Stephanie Ligsay
Stephanie Ligsay
Christie's International Real Estate Sereno
(669) 202-9541
19 Total Sales
1 in Upper Seabright
$1,200,000 Price
-
Geneva Lawless
Geneva Lawless
David Lyng Real Estate
(831) 708-9272
85 Total Sales
1 in Upper Seabright
$1,275,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Old Republic Title Company | ||
| $1,840,000 | Old Republic Title Company | ||
| -- | None Available | ||
| -- | Stewart Title Of California | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $499,000 | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,089,000 | ||
| Previous Owner | $475,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2016 08/01/16 | Sold | $1,840,000 | -5.6% | $469 / Sq Ft |
| 07/17/2016 07/17/16 | Pending | -- | -- | -- |
| 06/21/2016 06/21/16 | For Sale | $1,949,500 | -- | $497 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,116 | $2,178,188 | $1,183,798 | $994,390 |
| 2025 | $23,464 | $2,135,478 | $1,160,586 | $974,892 |
| 2023 | $23,176 | $2,052,556 | $1,115,520 | $937,036 |
| 2022 | $22,913 | $2,012,308 | $1,093,646 | $918,662 |
| 2021 | $22,430 | $1,972,852 | $1,072,202 | $900,650 |
| 2020 | $22,252 | $1,952,622 | $1,061,208 | $891,414 |
| 2019 | $21,784 | $1,914,336 | $1,040,400 | $873,936 |
| 2018 | $21,534 | $1,876,800 | $1,020,000 | $856,800 |
| 2017 | $21,254 | $1,840,000 | $1,000,000 | $840,000 |
| 2016 | $7,898 | $673,084 | $296,751 | $376,333 |
| 2015 | $7,562 | $662,974 | $292,294 | $370,680 |
| 2014 | $7,436 | $649,987 | $286,568 | $363,419 |
Source: Public Records
Agents Affiliated with this Home
-
Lela Willet
LW
Seller's Agent in 2016
Lela Willet
Anderson Christie, Inc.
(831) 818-6658
-
JW
Seller Co-Listing Agent in 2016
Jacob Z Willet
Anderson Christie, Inc.
-
KT
Buyer's Agent in 2016
Katrin Tobin
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81591606
APN: 011-122-22-000
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