NOT LISTED FOR SALE

Capitola, CA 95010

Estimated Value: $1,479,000 - $2,320,000

5 Beds
3 Baths
2,245 Sq Ft
$809/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,395,000 $621 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,304/month

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Flooring
  • Washer and Dryer
  • Main Street Elementary School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2021

Capitola Single Level Duplex 2245 SQ FT 3&2 2&1 2 car garage, fireplaces, washer/dryer connections. Short walk to the village or Brighten State Beach and easy access to Highway 1. Presently an investment property with month to month tenants. Renovated 1990. Keep as an investment, great 1031 exchange or a live rent situation. Reports available.

Last Agent to Sell the Property

Keith Rushing

eXp Realty of California Inc License #01975248 Listed on: 03/20/2021

Last Buyer's Agent

Jeff Warrick

Bailey Properties License #02072080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,153

Year Built

  • 1968

Lot Details

  • 8,189 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,245 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

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

Listing and Financial Details

  • Total Actual Rent $62,549

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,680
  • Insurance Expense $2,000
  • Maintenance Expense $6,800
  • Manager Expense $4,498
  • Utility Expense $240
  • Trash Expense $360
  • Operating Expense $29,420
  • Gross Income $62,549

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,153

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2245
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Oven - Electric, Oven - Gas, Refrigerator
  • Living Sq Ft: 2245
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas, Electric, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Acres: 0.1880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8189.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8189.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.30
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1680
  • Expense Maintenance: 6800
  • Expense Management: 4498
  • Expenses Total: 29420
  • Expenses Utility: 240
  • Expense Trash: 360
  • Income Annual Gross: 62549.00
  • Income Annual Rental: 62549
  • Income Gross Scheduled: 62549
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Phillips Andrew and Phillips Kelsey
Bought by
Phillips Family Trust and Phillips
Current Estimated Value
$1,810,970

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 6, 2021
Sold by
Boyd Virginia K and The Virginia K Boyd Living Tru
Bought by
Phillips Andrew and Phillips Kelsey
Seller's Agent
Keith Rushing
eXp Realty of California Inc
Buyer's Agent
Jeff Warrick
Bailey Properties
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2017
Sold by
Boyd Virginia K
Bought by
Boyd Virginia K and Virginia K Boyd Living Trust

Purchase Details

Closed on
Nov 12, 2009
Sold by
Boyd Virginia K and Boyd Virginia K Mijares Myers
Bought by
Boyd Virginia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2008
Sold by
Mijares David G and Boyd Virginia K
Bought by
Boyd Virginia K Mijares Myers

Purchase Details

Closed on
Dec 7, 2005
Sold by
Boyd Virginia K Mijares Myers
Bought by
Mijares David G and Boyd Virginia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2005
Sold by
Barnard Patrick L and Barnard Julie C
Bought by
Boyd Virginia K Mijares Myers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bayle Augustin Louis and Bayle Margaret
Bought by
Barnard Patrick L and Barnard Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 1999
Sold by
Harrington Trenbeth Joan Mw Ss
Bought by
Trenbeth Joan Harrington and Trenbeth Richard P

Purchase Details

Closed on
May 20, 1998
Sold by
Harrington Trenbeth Joan and Augustin Lois
Bought by
Harrington Trenbeth Joan and Trenbeth Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.13%

Purchase Details

Closed on
Dec 28, 1993
Sold by
Bayle Mary M
Bought by
Bayle Augustin Louis and Bayle Mary Margaret
Source: Public Records

Range of Values:

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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
Phillips Family Trust -- None Listed On Document
Phillips Andrew $1,395,000 Old Republic Title Company
Boyd Virginia K -- None Available
Boyd Virginia K -- First American Title Company
Boyd Virginia K Mijares Myers -- None Available
Mijares David G -- --
Boyd Virginia K Mijares Myers $930,000 Santa Cruz Title Company
Barnard Patrick L $746,000 Santa Cruz Title Company
Trenbeth Joan Harrington -- --
Harrington Trenbeth Joan $1,000 Santa Cruz Title Company
Bayle Augustin Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Andrew $525,000
Previous Owner Phillips Andrew $540,000
Previous Owner Phillips Andrew $540,000
Previous Owner Phillips Andrew $1,050,000
Previous Owner Mijares Virginia K $384,000
Previous Owner Boyd Virginia K Mijares Myers $377,000
Previous Owner Barnard Patrick L $609,600
Previous Owner Barnard Patrick L $83,600
Previous Owner Barnard Patrick L $83,000
Previous Owner Barnard Patrick L $596,700
Previous Owner Bayle Augustin Louis $100,000
Previous Owner Trenbeth Joan Harrington $181,000
Previous Owner Harrington Trenbeth Joan $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,395,000 0.0% $621 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $1,395,000 -- $621 / 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
2025 $18,153 $1,509,993 $1,082,432 $427,561
2023 $17,751 $1,451,358 $1,040,400 $410,958
2022 $17,540 $1,422,900 $1,020,000 $402,900
2021 $14,686 $1,174,140 $782,762 $391,378
2020 $14,517 $1,162,100 $774,735 $387,365
2019 $13,842 $1,109,054 $739,374 $369,680
2018 $13,042 $1,036,499 $691,003 $345,496
2017 $12,425 $977,830 $651,890 $325,940
2016 $11,153 $905,398 $603,601 $301,797
2015 $10,449 $854,149 $569,434 $284,715
2014 $9,509 $769,504 $513,003 $256,501
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Rushing

    eXp Realty of California Inc

    Section Image

  • J

    Buyer's Agent in 2021

    Jeff Warrick

    Bailey Properties

    (831) 688-7434

    1 in this area

    10 Total Sales

    Jeff Warrick
    Section Image
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Source: MLSListings

MLS Number: ML81835113

MLSListings

APN: 036-221-11-000

California Santa Cruz County Capitola

95010

This home since 20 March 2021 and is currently estimated at $1,816,879, approximately $809 per square foot. This property was built in 1968. This home is a home located in Santa Cruz County with nearby schools including Main Street Elementary School, New Brighton Middle School, and Mission Hill Middle School.

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