942 32nd Ave Santa Cruz, CA 95062
Pleasure Point Neighborhood
6
Beds
3
Baths
2,244
Sq Ft
10,062
Sq Ft Lot
Highlights
- Contemporary Architecture
- Granite Countertops
- Tile Flooring
- Mission Hill Middle School Rated A-
- Double Pane Windows
- Fenced
About This Home
As of December 2024Beautifully remodeled single story triplex in established Pleasure Point neighborhood, bordering Capitola. A GREAT income producer, with outstanding occupancy history. Each unit has 2 generous bedrooms, 1 bath. Gorgeous fully updated eat-in kitchens offering newer: cabinets, granite counters, gas stove/ovens, stainless hood fans and sinks plus LPV or tile floors. Top end kitchen appliances included. Lovely stone and tiled baths each with a bidet, roomy shower or shower/tub. Spacious living rooms. Newer engineered wood, LPV and tile flooring. Newer dual pane windows with wood blinds. Overhead lighting in every room. Enjoy the southerly sunny private backyards/patios. Both end units have additional side yards, ideal for gardening or storing your surf boards. Extra deep attached 1 car garages offer convenient laundry hook-ups. Additional assigned off-street parking spaces. Smart floor plans where the only common walls are next to garages. This versatile property is conveniently located a short walk to great restaurants, fun shops, famous Pleasure Point surfing and lovely East Cliff walking/biking path, Rent all 3 units providing excellent investment income, reside in one unit while increasing cash flow by renting the other 2 units or make it an extended family/friends respite!
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #00871876 Listed on: 11/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,902
Year Built
- 1958
Lot Details
- 10,062 Sq Ft Lot
- Fenced
- Flag Lot
- Grass Covered Lot
- Back Yard
Parking
- 3 Car Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Triplex
- Contemporary Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,244 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Washer and Dryer Hookup
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Stone
- Tile
Bedrooms and Bathrooms
- Low Flow Toliet
- Low Flow Shower
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Heating System Uses Gas
- Thermostat
- Separate Meters
- Individual Gas Meter
- Sewer Within 50 Feet
Listing and Financial Details
- Total Actual Rent $109,650
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $1,000
- Insurance Expense $2,100
- Maintenance Expense $6,348
- Manager Expense $7,715
- Utility Expense $63
- Operating Expense $26,128
- Gross Income $109,650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2024
Closed on
Nov 22, 2024
Sold by
Schroepfer Revocable Trust and Schroepfer Pete
Bought by
Timothy M Wylie And Gina L Wylie Revocable Tr and Wylie
Seller's Agent
Vicki Leisses
Christie's International Real Estate Sereno
Buyer's Agent
Melissa Stearns
eXp Realty of California Inc
List Price
$1,900,000
Sold Price
$1,900,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,862
Avg. Annual Appreciation
-1.90%
Original Mortgage
$1,045,000
Outstanding Balance
$1,036,845
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$840,331
Purchase Details
Closed on
Apr 3, 2015
Sold by
Schroepfer James S
Bought by
Schroepfer James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2006
Sold by
Schroepfer James S and Schroepfer James Steven
Bought by
Schroepfer James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2003
Sold by
Fabian Carol A
Bought by
Schroepfer James Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.29%
Mortgage Type
Stand Alone First
Similar Homes in Santa Cruz, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,900,000 | Chicago Title Insurance Compan | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,045,000 | New Conventional | |
| Previous Owner | $504,000 | New Conventional | |
| Previous Owner | $505,000 | New Conventional | |
| Previous Owner | $485,000 | New Conventional | |
| Previous Owner | $490,000 | Stand Alone First | |
| Previous Owner | $500,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $1,900,000 | 0.0% | $847 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 11/12/2024 11/12/24 | For Sale | $1,900,000 | -- | $847 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $8,902 | $1,900,000 | $1,325,000 | $575,000 |
| 2023 | $8,465 | $472,436 | $260,059 | $212,377 |
| 2022 | $8,201 | $463,172 | $254,959 | $208,213 |
| 2021 | $7,844 | $454,090 | $249,960 | $204,130 |
| 2020 | $7,709 | $449,434 | $247,397 | $202,037 |
| 2019 | $7,543 | $440,621 | $242,546 | $198,075 |
| 2018 | $7,359 | $431,982 | $237,790 | $194,192 |
| 2017 | $7,201 | $423,512 | $233,128 | $190,384 |
| 2016 | $7,017 | $415,208 | $228,557 | $186,651 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2024
Vicki Leisses
Sereno Group
(408) 605-3621
1 in this area
10 Total Sales
-
Buyer's Agent in 2024
Melissa Stearns
eXp Realty of California Inc
(831) 246-1018
3 in this area
30 Total Sales
Map
Source: MLSListings
MLS Number: ML81986365
APN: 032-032-30-000
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