NOT LISTED FOR SALE

714 Sunset Dr Capitola, CA 95010

Estimated Value: $1,386,000 - $1,462,077

2 Beds
1 Bath
400 Sq Ft
$3,529/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $569,000 $1,422 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $8,212/month

10 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Level Lot
  • Mission Hill Middle School Rated A-
  • Laundry Facilities
  • 1-Story Property

About This Home

As of July 2012

Capitola Investment! Enjoy the many charms of Capitola in this wonderful duplex close to village, beach and shops. Property is located in highly desirable Riverview-Terrace neighborhood with 2 quaint one bedroom detached units, delightful common areas and on-site laundry.

Last Agent to Sell the Property

Robert Deacon

Monterey Bay Properties License #00578842 Listed on: 06/06/2012

Monterey Bay Properties

Last Buyer's Agent

Chris McDonnell

Coldwell Banker Realty License #00870468

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Utilities

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

Listing and Financial Details

  • Total Actual Rent $26,009
  • The owner pays for garbage, water

Community Details

Overview

  • 2 Units
  • 400 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $968
  • Maintenance Expense $900
  • Manager Expense $1,065
  • Other Expense $947
  • Utility Expense $40
  • Trash Expense $286
  • Operating Expense $11,555
  • Gross Income $25,739

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: N/A
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 1422.50
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range
  • Living Sq Ft: 400
  • Stories: 1
  • Laundry: 220 Volt Outlet, Community Facility
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3092.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3092.00
  • Lot Size Area Min Search: 3092.00
  • Maximum Lot Size: 3092.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.66

Multi Family

  • Expense Insurance: 968
  • Expense Maintenance: 900
  • Expense Management: 1065
  • Expenses Other: 947
  • Expenses Total: 11555
  • Expenses Utility: 40
  • Expense Trash: 286
  • Expense Water Sewer: 1045
  • Income Annual Gross: 25739.00
  • Income Annual Rental: 26009
  • Income Gross Scheduled: 26264
  • Income Includes: Lease
  • Income Other: 255
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 525
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Vento Melinda
Bought by
Melinda Vento Revocable Trust
Current Estimated Value
$1,411,769

Purchase Details

Closed on
Mar 14, 2019
Sold by
Utile Gary and Utile Kim
Bought by
Gary And Kim Utile Trust

Purchase Details

Closed on
Jan 3, 2019
Sold by
Vento Richard L and Vento Melinda
Bought by
Vento Richard L and Vento Melinda

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jul 9, 2012
Sold by
Wade Lee M and Wade Lindsey L
Bought by
Vento Richard L and Vento Melinda
Seller's Agent
Robert Deacon
Monterey Bay Properties
Buyer's Agent
Chris McDonnell
Coldwell Banker Realty
List Price
$569,000
Sold Price
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$314,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Wade Michael Robert and Wade Loreen K Lyons
Bought by
Wade Lee M and Wade Lindsey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,700
Interest Rate
5.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 12, 2002
Sold by
Wade Michael Robert
Bought by
Wade Michael Robert and Wade Loreen K Lyons

Purchase Details

Closed on
Aug 29, 2001
Sold by
Wade Shirley B
Bought by
Wade Shirley B and Wade Survivors Trust

Purchase Details

Closed on
Aug 6, 1999
Sold by
Suddards Margaret E
Bought by
Wade Robert L and Wade Shirley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melinda Vento Revocable Trust -- --
Gary And Kim Utile Trust -- None Available
Vento Richard L -- None Available
Vento Richard L $569,000 Stewart Title Of California
Wade Lee M $495,000 Santa Cruz Title Company
Wade Michael Robert -- Santa Cruz Title Company
Wade Michael Robert -- Santa Cruz Title Company
Wade Michael Robert -- Santa Cruz Title Company
Wade Shirley B -- --
Wade Shirley B -- --
Wade Robert L $195,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vento Richard L $314,000
Previous Owner Wade Lee M $321,700
Previous Owner Wade Robert L $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $569,000 0.0% $1,423 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $569,000 -- $1,423 / 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 $9,780 $700,683 $421,149 $279,534
2023 $9,498 $673,475 $404,795 $268,680
2022 $9,329 $660,270 $396,858 $263,412
2021 $9,061 $647,323 $389,076 $258,247
2020 $8,933 $640,686 $385,087 $255,599
2019 $8,719 $628,123 $377,536 $250,587
2018 $8,542 $615,806 $370,133 $245,673
2017 $8,406 $603,733 $362,876 $240,857
2016 $8,006 $591,895 $355,761 $236,134
2015 $7,793 $583,004 $350,417 $232,587
2014 $7,622 $571,584 $343,553 $228,031
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Deacon

    Monterey Bay Properties

    Section Image

  • C

    Buyer's Agent in 2012

    Chris McDonnell

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81221267

MLSListings

APN: 035-052-05-000

California Santa Cruz County Capitola 95010

714 Sunset Dr, Capitola, CA

Not Listed for Sale

MultiFamily

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