NOT LISTED FOR SALE

7 Associated Ln Royal Oaks, CA 95076

Estimated Value: $580,518 - $831,000

6 Beds
3 Baths
1,251 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $258,000 $206 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $4,558/month

71 Days on Market

Highlights

  • Laundry Facilities
  • Level Lot
  • Carpet

About This Home

As of August 2012

Investors Don't let this one go...Located in a good rental area. Front unit 4bd/2ba, Back unit 2bd/1ba. Close to schools, shopping & church. Low maintenance yard, separate PGE Meters, new sump pump installed & separate laundry rooms. Some deferred exterior maintenance but good inside and livable.

Last Agent to Sell the Property

Gina Acevedo

Blackhorse Real Estate License #01329940 Listed on: 02/24/2012

Blackhorse Real Estate

Last Buyer's Agent

Eddie Munoz

Bailey Properties License #01201465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • 1930

Lot Details

  • 4,792

Parking

  • Off-Street Parking

Home Design

  • 1,251 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $2,975

Community Details

Overview

  • 2 Units
  • 1,251 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $79
  • Operating Expense $409
  • Gross Income $2,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: R2-4
  • Subclass: Duplex
  • Age: 82
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 206.24
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1251
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Living Sq Ft: 1251
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Pajaro Valley Unified
  • Middle School: Pajaro Middle
  • High School: Watsonville High
  • High School: 828
  • Middle School: 822

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4800.00
  • Lot Size Area Min Search: 4800.00
  • Maximum Lot Size: 4800.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 90.42

Multi Family

  • Expense Insurance: 79
  • Expenses Total: 409
  • Expense Water Sewer: 130
  • Income Annual Gross: 2975.00
  • Income Annual Rental: 2975
  • Income Gross Scheduled: 2975
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Tax
  • Tenant Expenses: Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Aug 13, 2012
Sold by
Chavez Paul
Bought by
Martin Leticia
Seller's Agent
Gina Acevedo
Blackhorse Real Estate
Buyer's Agent
Eddie Munoz
Bailey Properties
List Price
$279,000
Sold Price
$258,000
Premium/Discount to List
-$21,000
-7.53%
Current Estimated Value
$762,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,380
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
May 9, 2012
Sold by
Johnson Matthew S and Freeland Amy
Bought by
Martin Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Cm Reo Trust
Bought by
Johnson Matthew S and Freeland Amy

Purchase Details

Closed on
Jul 6, 2010
Sold by
Banuelos Mireya
Bought by
Cm Reo Trust

Purchase Details

Closed on
Jul 24, 1998
Sold by
Banuelos Luis
Bought by
Banuelos Mireya
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
Martin Leticia -- Chicago Title Company
Martin Leticia $258,000 Chicago Title Company
Johnson Matthew S $231,000 Chicago Title Company
Cm Reo Trust $303,126 Accommodation
Banuelos Mireya -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Leticia $206,400
Previous Owner Banuelos Mireya $270,000
Previous Owner Banuelos Mireya $165,000
Previous Owner Banuelos Mireya $105,000
Previous Owner Banuelos Mirey A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $258,000 -7.5% $206 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $279,000 -- $223 / 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 $4,844 $324,052 $97,968 $226,084
2024 $4,844 $317,699 $96,048 $221,651
2023 $4,052 $311,470 $94,165 $217,305
2022 $4,449 $305,364 $92,319 $213,045
2021 $4,019 $299,377 $90,509 $208,868
2020 $3,898 $296,308 $89,581 $206,727
2019 $3,829 $290,499 $87,825 $202,674
2018 $3,803 $284,803 $86,103 $198,700
2017 $3,783 $279,219 $84,415 $194,804
2016 $3,699 $273,745 $82,760 $190,985
2015 $3,690 $269,634 $81,517 $188,117
2014 $3,494 $264,354 $79,921 $184,433
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gina Acevedo

    Blackhorse Real Estate

    Section Image

  • E

    Buyer's Agent in 2012

    Eddie Munoz

    Bailey Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81207037

MLSListings

APN: 117-301-030-000

California Monterey County Royal Oaks 95076

7 Associated Ln, Royal Oaks, CA

This home is located at 7 Associated Ln, Royal Oaks, CA 95076 since 24 February 2012 and is currently estimated at $762,380, approximately $609 per square foot. This property was built in 1930. 7 Associated Ln is a home located in Monterey County with nearby schools including Ohlone Elementary School, Pajaro Middle School, and Watsonville High School.

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