NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $2,073,419

5 Beds
4 Baths
2,310 Sq Ft
$744/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2019

Last sale price $950,000 $411 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,666 / mo

8 Days on Market

Highlights

  • High Ceiling
  • 2 Car Attached Garage
  • Carpet
  • Mission Hill Middle School Rated A-
  • Views
  • 5-minute walk to Mike Fox Santa Cruz Skatepark

About This Home

As of August 2019

Walk to the Boardwalk and Main Beach from this duplex on the corner of East Cliff Drive and Jesse Street. View of the roller coaster from both units. Great possibility to occupy one unit as your beach house while renting out the other unit. County records indicate it was built in 1976, and it is mostly original. It's a fixer, so you can improve it how you like it. An appraiser's rent survey in January 2019 indicated the two bedroom unit should rent for $2200, and the larger three bedroom unit $2600. Ask your agent to send you information on this property.

Last Agent to Sell the Property

Gary B. Gangnes

Real Options Realty License #00663871 Listed on: 07/12/2019

Last Buyer's Agent

Mike Croghan

Shaffer & Associates License #00660124

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 5,401 Sq Ft Lot
  • Mostly Level

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • High Ceiling
  • Electric Oven
  • Washer and Dryer Hookup
  • Property Views

Flooring

  • Carpet
  • No Floor Coverings
  • Vinyl

Utilities

  • Heating Available
  • 220 Volts

Community Details

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

5,401 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RL
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2310
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: 220 Volt Outlet, Oven Range - Electric
  • Living Sq Ft: 2310
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Unfinished, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Special

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Inverted Floor Plan

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5401.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5401.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
3M2 O Llc
Bought by
Ely Paul C and Ely Stacey P
Current Estimated Value
$1,719,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$495,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,223,411

Purchase Details

Closed on
Nov 3, 2020
Sold by
Anderlite Family Trust and Overmier Jared Andrew
Bought by
Anderlite Jason E and Overmier Jared Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$495,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,223,411

Purchase Details

Closed on
Oct 1, 2020
Sold by
Anderlite Jason E and Anderlite Anna E
Bought by
Anderlite Jason E and Anderlite Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$495,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,223,411

Purchase Details

Closed on
Jul 24, 2020
Sold by
Anderlite Jason E and Anderlite Anna E
Bought by
Anderlite Jason E and Anderlite Anna E

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 19, 2019
Sold by
Yuen Sum Richard Lee and Yuen Sum Oi Ping
Bought by
Anderlite Jason E and Anderlite Anna E
Seller's Agent
Gary B. Gangnes
Real Options Realty
Buyer's Agent
Mike Croghan
Shaffer & Associates
List Price
$978,800
Sold Price
$950,000
Premium/Discount to List
-$28,800
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$550,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2017
Sold by
Sum Richard Lee and Sum Oi Ping
Bought by
Sum Rihcard Lee and Sum Oi Ping Yuen
Source: Public Records
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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
Ely Paul C $1,550,000 Stewart Title Of Ca Inc
3M2 O Llc -- Stewart Title Of Ca Inc
Anderlite Jason -- Accommodation/Courtesy Recordi
Mcleod Bret -- Accommodation
Overmier Jared Andrew -- Accommodation
Anderlite Jason E $129,000 Accommodation/Courtesy Recordi
Anderlite Jason E -- Old Republic Title Company
Anderlite Jason E -- Old Republic Title Company
Anderlite Jason E -- None Available
Anderlite Jason E $950,000 Old Republic Title Company
Sum Rihcard Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderlite Jason E $564,000
Previous Owner Anderlite Jason E $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $950,000 -2.9% $411 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $978,800 -- $424 / Sq Ft
Source: MLSListings

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 $18,604 $1,677,770 $1,244,797 $432,973
2023 $18,321 $1,612,620 $1,196,460 $416,160
2022 $18,115 $1,581,000 $1,173,000 $408,000
2021 $17,736 $1,550,000 $1,150,000 $400,000
2020 $11,143 $950,000 $700,000 $250,000
2019 $3,944 $300,460 $91,046 $209,414
2018 $3,905 $294,569 $89,261 $205,308
2017 $3,861 $288,792 $87,510 $201,282
2016 $3,673 $283,129 $85,794 $197,335
2015 $3,474 $278,876 $84,505 $194,371
2014 $3,421 $273,414 $82,850 $190,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81760349

MLSListings

APN: 010-162-24-000

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