NOT LISTED FOR SALE

98 San Augustine Way Scotts Valley, CA 95066

Scotts Valley Area

Estimated Value: $1,806,000 - $1,988,000

9 Beds
5 Baths
3,901 Sq Ft
$493/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2019

Last sale price $1,413,125 $362 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,822 / mo

32 Days on Market

Highlights

  • Mediterranean Architecture
  • Balcony
  • Ceiling Fan
  • Vine Hill Elementary School Rated A-
  • Forced Air Heating System
  • Fenced

About This Home

As of August 2019

Great investment opportunity in Scotts Valley with exceptional Scotts Valley schools! 4-plex is well maintained with one 3/2 single story unit, 1500 sqft unit and 3, 2/1 units. Two are upstairs and one is downstairs. Each 2/1 unit is approx. 800 sqft. Lower level unit has a private fenced patio and upper units have a balcony. Perfect location, close to shops, dining, SV schools and hwy 17. 1 covered carport for each unit plus additional uncovered parking located in back. Laundry room for building has coin operated machines. Nice lawn area and vegetation surround building and is maintained by landlord. ***3 buildings, separate APN numbers & listed separately must be sold together, 98, 100, 102 San Augustine Way.

Last Agent to Sell the Property

Amy McCafferty

Golden Gate Sotheby's International Realty License #00967324 Listed on: 06/03/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Sourita Dey

Silicon Valley Associates Inc. License #01427183

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 12,153 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Mediterranean Architecture
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,901 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Total Actual Rent $73,250

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,996
  • Insurance Expense $3,144
  • Maintenance Expense $3,000
  • Manager Expense $5,860
  • Other Expense $2,000
  • Utility Expense $2,121
  • Trash Expense $1,262
  • Operating Expense $27,971
  • Gross Income $74,470

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0.28 Acres

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Style: Mediterranean
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3901
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 3901
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • Yard/Grounds: Balcony / Patio, Fenced

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Common Parking Area, Uncovered Parking
  • Carport Min: 1

Utilities

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

Schools

  • High School: 863

Lot Info

  • Lot Acres: 0.2790
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12153.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12153.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 22.83
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3144
  • Expense Landscape: 1996
  • Expense Maintenance: 3000
  • Expense Management: 5860
  • Expenses Other: 2000
  • Expenses Total: 27971
  • Expenses Utility: 2121
  • Expense Trash: 1262
  • Income Annual Gross: 74470.00
  • Income Annual Rental: 73250
  • Income Gross Scheduled: 74470
  • Income Includes: Coin Operated Equip
  • Income Other: 1220
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Capital Improvements, Maintenance - Repair, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2022
Sold by
Bought by
Current Estimated Value
$1,923,718

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 7, 2019
Sold by
Bought by
Seller's Agent
Amy McCafferty
Golden Gate Sotheby's International Realty
Buyer's Agent
Sourita Dey
Silicon Valley Associates Inc.
List Price
$1,700,000
Sold Price
$1,413,125
Premium/Discount to List
-$286,875
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$833,330
Interest Rate
0.0345%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,413,500 Orange Coast Ttl Co Of Nocal
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $833,330
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $1,413,125 -16.9% $362 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $1,700,000 -- $436 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,358 $1,545,459 $927,549 $617,910
2023 $18,918 $1,485,447 $891,531 $593,916
2022 $18,500 $1,456,320 $874,050 $582,270
2021 $18,081 $1,427,765 $856,912 $570,853
2020 $17,826 $1,413,125 $848,125 $565,000
2019 $9,261 $633,332 $310,840 $322,492
2018 $8,701 $620,912 $304,744 $316,168
2017 $8,475 $608,744 $298,772 $309,972
2016 $8,070 $596,808 $292,912 $303,896
2015 $7,938 $587,840 $288,512 $299,328
2014 $7,614 $576,324 $282,860 $293,464
Source: Public Records

Agents Affiliated with this Home

  • Amy McCafferty

    Seller's Agent in 2019

    Amy McCafferty

    Golden Gate Sotheby's International Realty

    (408) 387-3227

    185 Total Sales

    Amy McCafferty
    Section Image

  • S

    Buyer's Agent in 2019

    Sourita Dey

    Silicon Valley Associates Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81754892

MLSListings

APN: 022-022-43-000

California Santa Cruz County Scotts Valley 95066

98 San Augustine Way, Scotts Valley, CA

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