NOT LISTED FOR SALE

Estimated Value: $1,844,044

5 Beds
3 Baths
2,245 Sq Ft
$821/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $11,775 / mo

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer

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

eXp Realty of California Inc

Last Buyer's Agent

Jeff Warrick

Bailey Properties License #02072080

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Property Details

Home Type

  • Multi-Family

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

Year Built

1968

Lot Details

8,189 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • 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

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

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
Oct 10, 2022
Sold by
Bought by
Current Estimated Value
$1,844,044

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 6, 2021
Sold by
Bought by
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
5.39%
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

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
Bought by

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
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,700
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Bought by

Purchase Details

Closed on
May 20, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Capitola, CA

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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
-- None Listed On Document
$1,395,000 Old Republic Title Company
-- None Available
-- First American Title Company
-- None Available
-- --
$930,000 Santa Cruz Title Company
$746,000 Santa Cruz Title Company
-- --
$1,000 Santa Cruz Title Company
-- --
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 $540,000
Previous Owner $1,050,000
Previous Owner $377,000
Previous Owner $596,700
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
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

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 $19,443 $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

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Map

Source: MLSListings

MLS Number: ML81835113

MLSListings

APN: 036-221-11-000

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