NOT LISTED FOR SALE

Scotts Valley, CA 95066

Estimated Value: $1,451,000 - $1,675,000

4 Beds
3 Baths
2,359 Sq Ft
$676/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $1,100,000 $466 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,505/month

24 Days on Market

Highlights

  • 0.53 Acre Lot
  • View of Hills
  • Forced Air Heating System
  • Vine Hill Elementary School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of December 2017

Rare Scotts Valley triplex. Close to town with a wooded rural feel. Two 1 bed/1bath units in front two story building. 2 bed/1 bath unit in rear building. Well maintained, updated kitchens, tile baths, wood decks. Lots of open parking. Coin laundry. View of trees and hills, but just minutes to shopping and freeway. Shown By Appointment Only. 24 Hour Notice Required.

Last Agent to Sell the Property

Kathleen Morgan-Martinez

Kathleen Morgan-Martinez, Broker License #01807811 Listed on: 11/20/2017

Last Buyer's Agent

Ace Estess Woods

TSG Premier Realty License #02028183

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 0.53 Acre Lot

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Views of Hills
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Covered Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $70,740

Community Details

Building Details

  • 3 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $800
  • Maintenance Expense $2,391
  • Manager Expense $3,513
  • Other Expense $1,022
  • Utility Expense $641
  • Trash Expense $730
  • Operating Expense $22,274
  • Gross Income $71,240

Additional Features

  • 2,359 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

0.53 Acres

Listing Details

  • Zoning: R-H
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2359
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Oven - Electric
  • Living Sq Ft: 2359
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Hills

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.5290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23043.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23043.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.55
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 800
  • Expense Landscape: 1000
  • Expense Maintenance: 2391
  • Expense Management: 3513
  • Expenses Other: 1022
  • Expenses Total: 22274
  • Expenses Utility: 641
  • Expense Trash: 730
  • Income Annual Gross: 71240.00
  • Income Annual Rental: 70740
  • Income Gross Scheduled: 71240
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2017
Closed on
Dec 21, 2017
Sold by
Kurrell Bradley and Ted Kurrell Trust
Bought by
Big Creek Timber Company Llc
Seller's Agent
Kathleen Morgan-Martinez
Kathleen Morgan-Martinez, Broker
Buyer's Agent
Ace Estess Woods
TSG Premier Realty
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,595,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,354
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Jul 11, 2013
Sold by
Kurrell Ted
Bought by
Kurrell Ted J and Ted Kurrell Trust

Purchase Details

Closed on
Jun 21, 2007
Sold by
Thompson Donn S and Thompson Donn S
Bought by
Kurrell Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Thompson Donn S
Bought by
Thompson Donn S and Thompson Donn S

Purchase Details

Closed on
Sep 14, 2004
Sold by
Turpin Claude R and Turpin Bertinna J
Bought by
Thompson Donn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1998
Sold by
Turpin Claude R and Turpin Joann B
Bought by
Turpin Claude R and Turpin Bertinna J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Big Creek Timber Company Llc $1,100,000 Er First American Title Comp
Kurrell Ted J -- None Available
Kurrell Ted $935,000 First American Title Company
Thompson Donn S -- --
Thompson Donn S $730,000 Santa Cruz Title Company
Turpin Claude R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurrell Ted $150,000
Previous Owner Thompson Donn S $547,500
Closed Thompson Donn S $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $1,100,000 -12.0% $466 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $1,250,000 -- $530 / Sq Ft
Source: MLSListings

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 $15,543 $1,251,613 $796,481 $455,132
2023 $15,185 $1,203,010 $765,552 $437,458
2022 $14,868 $1,180,453 $704,484 $475,969
2021 $14,539 $1,157,307 $690,671 $466,636
2020 $14,340 $1,145,441 $683,589 $461,852
2019 $14,047 $1,113,682 $664,643 $449,039
2018 $12,793 $1,040,825 $621,162 $419,663
2017 $12,177 $981,910 $586,001 $395,909
2016 $11,055 $909,176 $542,593 $366,583
2015 $10,588 $857,713 $511,879 $345,834
2014 $9,392 $772,715 $461,152 $311,563
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathleen Morgan-Martinez

    Kathleen Morgan-Martinez, Broker

    (831) 438-1221

    1 Total Sale

    Kathleen Morgan-Martinez
    Section Image

  • A

    Buyer's Agent in 2017

    Ace Estess Woods

    TSG Premier Realty

    Section Image

  • B

    Buyer Co-Listing Agent in 2017

    Bri Steel

    TSG Premier Realty

    Section Image
See All Agents

Source: MLSListings

MLS Number: ML81685256

MLSListings

APN: 022-032-19-000

California Santa Cruz County Scotts Valley

95066

Not Listed for Sale

MultiFamily

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