NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,493,000

3 Beds
2 Baths
1,471 Sq Ft
$929/Sq Ft Est. Value

Last Sold November 30, 2013

Last sale price $720,000 $489 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,112/month

138 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Mission Hill Middle School Rated A-

About This Home

As of November 2013

Income property rents $3,500.00 monthly Duplex, 2/1 & 1/1 Cherry, plum, figs & kumquat tree, 100% occupancy, Separate:laundry, fenced backyards,off street parking, Updated windows, 40 year comp roof,updated 2 electrical meters, Ideal location: Santa Cruz Harbor, Fredrick Street Park, Central - Heart of Santa Cruz Capitola & Gault School,beaches, harbor, parks, shopping & restaurants.UCSC

Last Agent to Sell the Property

Laura Rabb-Jancola

California Real Estate License #01196219 Listed on: 06/06/2013

Last Buyer's Agent

Paul Stone

Paul Stone, Broker License #01373764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,968

Year Built

  • 1928

Lot Details

  • 6,011

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Wood
  • Carpet

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,000
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 1,471 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Operating Expense $7,266
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,968

Year Built

1928

Lot Details

0

Listing Details

  • Zoning: rm
  • Subclass: Duplex
  • Age: 85
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 489.46
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1471
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1471
  • Stories: 1
  • Laundry: Washer/Dryer - Owned, Laundry Area - In All Units, Laundry Area - In Unit
  • Flooring: Carpet - Area, Hardwood - Partial, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City Elementary
  • Elementary School: Gault Elementary
  • Elementary School: 844

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6055.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6055.00
  • Lot Size Area Min Search: 6055.00
  • Maximum Lot Size: 6055.00

Green Features

  • Energy Features: Walls Insulated

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.19

Multi Family

  • Expense Insurance: 1000
  • Expenses Total: 7266
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Edelson Barbara
Bought by
Bb Edelson Living Trust and Edelson
Current Estimated Value
$1,366,546

Purchase Details

Listed on
Jun 6, 2013
Closed on
Nov 13, 2013
Sold by
Sojka Greg
Bought by
Edelson Barbara
Seller's Agent
Laura Rabb-Jancola
California Real Estate
Buyer's Agent
Paul Stone
Paul Stone, Broker
List Price
$729,000
Sold Price
$720,000
Premium/Discount to List
-$9,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$460,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Wilson Kristie E and Wilson Family Trust
Bought by
Sojka Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.64%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 9, 2002
Sold by
Wilson Gary G and Wilson Kristie E
Bought by
Wilson Kristie E and Wilson Family Trust
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
Bb Edelson Living Trust -- None Listed On Document
Edelson Barbara $720,000 Old Republic Title Company
Sojka Greg $530,000 Santa Cruz Title Company
Wilson Kristie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edelson Barbara $460,000
Previous Owner Sojka Greg $424,000
Previous Owner Wilson Gary G $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2013 11/30/13 Sold $720,000 -1.2% $489 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $729,000 -- $496 / 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 $9,968 $882,622 $529,573 $353,049
2023 $9,849 $848,348 $509,009 $339,339
2022 $9,740 $831,715 $499,029 $332,686
2021 $9,541 $815,406 $489,244 $326,162
2020 $9,467 $807,045 $484,227 $322,818
2019 $9,263 $791,220 $474,732 $316,488
2018 $9,160 $775,707 $465,424 $310,283
2017 $9,044 $760,497 $456,298 $304,199
2016 $8,550 $745,585 $447,351 $298,234
2015 $8,306 $734,385 $440,631 $293,754
2014 $8,168 $720,000 $432,000 $288,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81320271

MLSListings

APN: 011-065-19-000