NOT LISTED FOR SALE

932 Kennedy Dr Capitola, CA 95010

Estimated Value: $1,611,000 - $2,444,000

5 Beds
3 Baths
2,569 Sq Ft
$743/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $1,227,500 $478 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,735/month

14 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Main Street Elementary School Rated A-
  • Carpet

About This Home

As of January 2021

Great site blocks from Capitola Village, Gayles, the Beach and right off Park Ave.

Last Agent to Sell the Property

Matt Shelton

JR Parrish Inc. License #00879054 Listed on: 11/24/2020

Last Buyer's Agent

Carie Sigur

Christie's International Real Estate Sereno License #01958183

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,222

Year Built

  • 1969

Lot Details

  • 8,059 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Combination Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,569 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $53,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,271
  • Insurance Expense $2,051
  • Maintenance Expense $1,500
  • Manager Expense $3,600
  • Other Expense $150
  • Operating Expense $22,572
  • Gross Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,222

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Zoning: R 1
  • Subclass: Duplex
  • Style: Ranch
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2569
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 2569
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Combination
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High
  • High School: Soquel High
  • High School: 877

Lot Info

  • Lot Acres: 0.1850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8058.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8058.60

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr
  • Gross Rent Multiplier: 22.45
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2051
  • Expense Landscape: 1271
  • Expense Maintenance: 1500
  • Expense Management: 3600
  • Expenses Other: 150
  • Expenses Total: 22572
  • Income Annual Gross: 53000.00
  • Income Annual Rental: 53000
  • Income Gross Scheduled: 53000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 7, 2021
Sold by
Olson Alan Myers
Bought by
Hassan Moe N and The Moe N Hassan Revocable Tru
Seller's Agent
Matt Shelton
JR Parrish Inc.
Buyer's Agent
Carie Sigur
Christie's International Real Estate Sereno
List Price
$1,190,000
Sold Price
$1,227,500
Premium/Discount to List
$37,500
3.15%
Current Estimated Value
$1,909,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,857
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Sep 25, 2020
Sold by
Estate Od James William Laude
Bought by
Olson Alan Myers
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
Hassan Moe N $1,227,500 Old Republic Title Company
Olson Alan Myers $1,179,090 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson John W $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $1,227,500 +3.2% $478 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $1,190,000 -- $463 / 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 $16,222 $1,328,684 $895,712 $432,972
2023 $15,853 $1,277,092 $860,932 $416,160
2022 $15,656 $1,252,050 $844,050 $408,000
2021 $14,830 $1,187,173 $732,511 $454,662
2020 $14,660 $1,175,000 $725,000 $450,000
2019 $2,941 $117,668 $28,496 $89,172
2018 $2,851 $115,362 $27,938 $87,424
2017 $2,790 $113,099 $27,389 $85,710
2016 $2,659 $110,881 $26,852 $84,029
2015 $2,443 $109,216 $26,449 $82,767
2014 $2,366 $107,077 $25,931 $81,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81821332

MLSListings

APN: 036-221-08-000