NOT LISTED FOR SALE

936 Kennedy Dr Capitola, CA 95010

Estimated Value: $1,472,000 - $2,107,000

5 Beds
3 Baths
2,232 Sq Ft
$764/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $950,000 $426 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,416/month

9 Days on Market

Highlights

  • Marble Countertops
  • 2 Car Attached Garage
  • Washer and Dryer
  • Main Street Elementary School Rated A-
  • Forced Air Heating System
  • Courtyard

About This Home

As of August 2015

Capitola single level duplex. Close to village and New Brighton State Beach. Front unit is 2BR/1BA. Rear unit is 3BR/2BA. No common walls, both have attached single car garage, washer & dryer. Front unit has courtyard, rear unit has backyard. Great opportunity to live in one and rent the other.

Last Agent to Sell the Property

John Hickey

Monterey Bay Properties License #01346658 Listed on: 06/30/2015

Last Buyer's Agent

Caren Spencer

Monterey Bay Properties License #00879602

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,348

Year Built

  • 1967

Lot Details

  • 8,015 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,232 Sq Ft Home
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Marble Countertops

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $26,100

Community Details

Building Details

  • 1 Leased Unit
  • Gross Income $26,100

Additional Features

  • 2,232 Sq Ft Building
  • Courtyard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,348

Year Built

1967

Lot Details

0

Parking

2

Listing Details

  • Zoning: duplex
  • Subclass: Duplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2232
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Marble, Dishwasher, Exhaust Fan, Hood Over Range, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2232
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Courtyard, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Acres: 0.1840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8015.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8015.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 36.40
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 26100.00
  • Income Annual Rental: 26100
  • Income Gross Scheduled: 26100
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 3, 2015
Sold by
Bruno Anthony Benedict and The Bruno 2010 Trust
Bought by
Zott John C and Colletta Marjorie A
Seller's Agent
John Hickey
Monterey Bay Properties
Buyer's Agent
Caren Spencer
Monterey Bay Properties
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,705,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,227
Avg. Annual Appreciation
5.98%
Original Mortgage
$712,500
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 8, 2010
Sold by
Bruno Anthony B
Bought by
Bruno Anthony Benedict and Bruno 2010 Trust

Purchase Details

Closed on
Jul 1, 2004
Sold by
Haissman Jai and Falconer Sean Frances
Bought by
Bruno Anthony B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,400
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Haissman Jai
Bought by
Haissman Jai and Falconer Sean Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,700
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Haissman Jai
Bought by
Falconer Sean Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 1, 1999
Sold by
Falconer Hillary
Bought by
Falconer Don W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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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
Zott John C $950,000 Old Republic Title Company
Bruno Anthony Benedict -- None Available
Bruno Anthony B $822,500 First American Title Co
Haissman Jai -- First American Title Co
Falconer Sean Frances -- First American Title Co
Falconer Don W -- Santa Cruz Title Company
Falconer Sean Frances $92,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zott John C $650,000
Closed Zott John C $712,500
Previous Owner Bruno Anthony B $515,000
Previous Owner Bruno Anthony B $468,400
Previous Owner Haissman Jai $129,700
Previous Owner Falconer Sean Frances $400,000
Previous Owner Falconer Sean Frances $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $950,000 0.0% $426 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $950,000 -- $426 / 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 $14,348 $1,124,608 $674,765 $449,843
2023 $13,990 $1,080,938 $648,563 $432,375
2022 $13,790 $1,059,743 $635,846 $423,897
2021 $13,434 $1,038,964 $623,378 $415,586
2020 $13,270 $1,028,310 $616,986 $411,324
2019 $12,955 $1,008,148 $604,889 $403,259
2018 $12,722 $988,380 $593,028 $395,352
2017 $12,535 $969,000 $581,400 $387,600
2016 $11,877 $950,000 $570,000 $380,000
2015 $11,061 $888,726 $567,273 $321,453
2014 $10,075 $800,654 $511,056 $289,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81472844

MLSListings

APN: 036-221-09-000