$1,100,000
PENDING

97 Maranatha Dr Watsonville, CA 95076

Estimated payment $6,881/month

Total Views 20,039
5 Beds
4 Baths
1,888 Sq Ft
$583 Price per Sq Ft

About This Home

Welcome to your next investment opportunity in Watsonville! This newly listed multi-family property offers the perfect blend of comfort and functionality with its thoughtful design and recent upgrades. This two-unit townhome building has been refreshed with several quality improvements including a brand new roof, freshly applied exterior paint, and beautifully stamped concrete that adds both durability and visual appeal to the property. Perfect for investors looking to generate rental income or for extended families wanting to live close while maintaining privacy. The separate units offer independence while the shared property allows for easier management. Whether you're adding to your investment portfolio or looking for a smart first-time investment, this Watsonville gem delivers practicality with potential. The recent updates mean you can focus on enjoying the returns rather than tackling immediate repairs.

Listing Agent

Chuck Fischer

El Camino Realty License #00755878 Listed on: 04/04/2025

Co-Listing Agent

Garrett Fischer

El Camino Realty License #01946424

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,793

Year Built

  • 1986

Lot Details

  • 7,057 Sq Ft Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • Ceiling Fan

Utilities

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

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $500
  • Insurance Expense $1,980
  • Operating Expense $13,273
  • Gross Income $88,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,793

Year Built

1986

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM-2
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1888
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Living Sq Ft: 1888

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.1620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7057.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7057.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.40
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1980
  • Expense Landscape: 500
  • Expenses Total: 13273
  • Income Annual Gross: 88728.00
  • Income Annual Rental: 88728
  • Income Gross Scheduled: 88728
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Principle & Interest
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,793 $938,387 $568,719 $369,668
2023 $10,632 $901,948 $546,635 $355,313
2022 $10,339 $875,000 $530,306 $344,694
2021 $10,079 $850,000 $515,154 $334,846
2020 $8,990 $760,000 $460,608 $299,392
2019 $8,635 $728,189 $441,328 $286,861
2018 $8,260 $700,182 $424,354 $275,828
2017 $7,887 $660,549 $400,334 $260,215
2016 $7,071 $595,089 $360,661 $234,428
2015 $6,348 $526,627 $319,169 $207,458
2014 $5,719 $474,439 $287,539 $186,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $1,100,000 0.0% $583 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $1,100,000 -- $583 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $660,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $542,500 New Conventional
Closed $540,000 Unknown
Closed $152,700 Credit Line Revolving
Closed $462,000 Purchase Money Mortgage
Closed $66,000 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82001159

MLSListings

APN: 016-262-20-000