NOT LISTED FOR SALE

7241 Highway 9 Felton, CA 95018

4 Beds
3 Baths
2,606 Sq Ft
0.5 Acres

Last Sold October 27, 2015

Last sale price $500,000 $192 Per Sq Ft

132 Days on Market

Highlights

  • Fireplace
  • Tile Flooring
  • 1-Story Property
  • San Lorenzo Valley High School Rated A-
  • Guest Parking
  • 1-minute walk to Henry Cowell Redwoods State Park

About This Home

As of October 2015

3 Houses on flat centrally located 1/2 acre+/- parcel. Great income producing Felton multi residential property with 3 income producing units. Convenient location close to downtown Felton. Bonus storage structure(s). Property to be sold AS IS. Inspections at buyers discretion. Buyer to verify sq footage. Waiting on short sale approval from the 2nd lender. By appointment only.

Last Agent to Sell the Property

Cynthia Sanchez-Singh

KW Bay Area Estates License #01940709 Listed on: 01/28/2015

KW Bay Area Estates

Last Buyer's Agent

Gregorio Magana

David Lyng Real Estate License #01383596

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 0.5 Acre Lot

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,606 Sq Ft Home
  • 1-Story Property
  • Fireplace

Flooring

  • Carpet
  • Tile

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

  • 2,606 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,240
  • Utility Expense $1,224
  • Trash Expense $276
  • Operating Expense $11,384
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1-15
  • Subclass: Triplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2606
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 2606
  • Stories: 1
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6
  • Garage Parking Features: Carport, Guest / Visitor Parking, Off-Street Parking
  • Carport Min: 1

Utilities

  • Heating System: Fireplace, Gas
  • Sewer/Septic System: Septic Standard

Schools

  • School District: San Lorenzo Valley Unified

Lot Info

  • Lot Acres: 0.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.60
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1240
  • Expenses Total: 11384
  • Expenses Utility: 1224
  • Expense Trash: 276
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $500,000 -16.7% $192 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $600,000 -- $230 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cynthia Sanchez-Singh

    KW Bay Area Estates

    Section Image

  • G

    Buyer's Agent in 2015

    Gregorio Magana

    David Lyng Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81447898

MLSListings

APN: 071-072-01

California Santa Cruz County Felton 95018

7241 Highway 9, Felton, CA

This home is located at 7241 Highway 9, Felton, CA 95018 since 28 January 2015. This property was built in 1960. 7241 Highway 9 is a home located in Santa Cruz County with nearby schools including San Lorenzo Valley Elementary School, San Lorenzo Valley Middle School, and San Lorenzo Valley High School.

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