$1,225,000
SOLD JAN 9, 2025
6 Beds
3 Baths
3,145 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$390 Per Sq Ft

3 Days on Market

Highlights

  • Contemporary Architecture
  • Level Lot
  • Carpet

About This Home

As of January 2025

Tri-plex with long term Section 8 tenants.

Last Agent to Sell the Property

Darren Houser

Bailey Properties License #01196704 Listed on: 12/06/2024

Last Buyer's Agent

Carlos Gutierrez

Epique Realty License #01461866

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,954

Year Built

  • 1986

Lot Details

  • 6,621 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 3,145 Sq Ft Home
  • Triplex
  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $80,700

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $3,500
  • Operating Expense $10,561
  • Gross Income $80,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,954

Year Built

1986

Lot Details

0

Parking

3

Listing Details

  • Zoning: CN
  • Subclass: Triplex
  • Style: Contemporary
  • Age: 38
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3145
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Living Sq Ft: 3145
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6621.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6621.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.24
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 3500
  • Expenses Total: 10561
  • Income Annual Gross: 80700.00
  • Income Annual Rental: 80700
  • Income Gross Scheduled: 80700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Jan 6, 2025
Sold by
Stanley O O and Stanley Judith D
Bought by
Weissberg Family Trust and Weissberg
Seller's Agent
Darren Houser
Bailey Properties
Buyer's Agent
Carlos Gutierrez
Epique Realty
List Price
$1,230,000
Sold Price
$1,225,000
Premium/Discount to List
-$5,000
-0.41%
Total Days on Market
3
Views
22
Current Estimated Value
$1,230,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,738
Avg. Annual Appreciation
1.15%
Original Mortgage
$918,750
Outstanding Balance
$916,391
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$314,347

Purchase Details

Closed on
Oct 3, 2024
Sold by
Revo Stanley O and Revo Judith
Bought by
Stanley 0 And Judith D Nielsen 1991 Revocable and Barsocchini
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,225,000 Old Republic Title Company
Grant Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $918,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $1,225,000 -0.4% $390 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $1,230,000 -- $391 / 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
2023 $6,954 $581,800 $176,838 $404,962
2022 $6,831 $570,392 $173,370 $397,022
2021 $6,717 $559,208 $169,972 $389,236
2020 $6,621 $553,474 $168,228 $385,246
2019 $6,505 $542,622 $164,930 $377,692
2018 $6,341 $531,982 $161,696 $370,286
2017 $6,287 $521,550 $158,524 $363,026
2016 $6,123 $511,324 $155,416 $355,908
2015 $6,103 $503,644 $153,082 $350,562
2014 $5,972 $493,778 $150,084 $343,694
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81988041

MLSListings

APN: 017-063-09-000