106-108 Oak Lane

Scotts Valley, CA 95066

$1,250,000
Price
Beds
2,869 Sq. Ft.
$436 / Sq. Ft.
2,869
Sq. Ft.
$436
per Sq. Ft.

Description

Opportunity Awaits in Scotts Valley! Looking for a community with highly rated schools, ample recreational opportunities, close proximity to the ocean, and a manageable commute to Silicon Valley? Look no further than Scotts Valley! Properties like this are rare to find, especially ones located right in the heart of town. This unique duplex offers:Unit 1: A spacious three-bedroom, two-bath single-level unit, approximately 1650 square feet. Large living room with fireplace. Sunny backyard with deck...Opportunity Awaits in Scotts Valley! Looking for a community with highly rated schools, ample recreational opportunities, close proximity to the ocean, and a manageable commute to Silicon Valley? Look no further than Scotts Valley! Properties like this are rare to find, especially ones located right in the heart of town. This unique duplex offers:Unit 1: A spacious three-bedroom, two-bath single-level unit, approximately 1650 square feet. Large living room with fireplace. Sunny backyard with deck of kitchen area. Unit 2: A single level comfortable two-bedroom, two-bath unit, approximately 1200 square feet. Lots of windows and sunny deck of kitchen. Direct access to garage where laundry hook ups are located. Additional Feature: A three-car garage, providing plenty of space for parking or storage. This property is a fantastic opportunity for both investors and creative buyers. Enjoy the benefits of owning a home with an additional rental unit for extra income. Don't miss out on this exceptional opportunity to invest in Scotts Valley! Walk or bike to shopping, Skypark for music events, food trucks nights and movies and entertainment all close by.
  1. Listed by Jo Ellen Smith • DRE #01341240 • Brokerage DRE #01319514 • Bailey Properties • 831-247-9600

Property Details for 106-108 Oak Lane

MLS City Name
SCOTTS VALLEY
Building Type
DUPLEX
Style
Ranch
Garage Spaces
3
Parking Spaces
2
Cross Street
Bean Creek Road
LISTING UPDATED: 09/06/2024 01:05 PM

Property Details for 106-108 Oak Lane

StatusPending ( Do Not Show )
MLS #ML81973285
Days on Compass16
Taxes$2,893 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1968
Lot Size0.19 AC / 8,364 SF
CountySanta Cruz County

Building Information for 106-108 Oak Lane

Stories-Residences2Year Built1968Building Size-Lot Size0.19 AC / 8,364 SF

Property Information for 106-108 Oak Lane

Features
External Links
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Appliances - Vary by Unit, Cooktop - Electric, Countertop - Formica, Countertop - Tile, Dishwasher, Exhaust Fan, Oven - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Living SqFt: 2869
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Scotts Valley
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Other
  • Street Number: 106/108
  • Street Name: Oak
  • Street Suffix: Lane
  • Area ID: 39
Lot / Property Details
Building Information
  • Number Of Stories: 0
  • Number of Buildings: 2
  • Structure SqFt: 2869
  • Structure SqFt Source: Other
  • Age: 56
Development Information
  • Zoning Detail: R
Location Information
  • City Limits: Yes
  • Parcel Number: 022-18-710
  • County Name: Santa Cruz
  • City Name: SCOTTS VALLEY
  • City Postal ID: 66
  • Postal Code: 95066
  • Elementary School District: 860
  • Middle School Text: Scotts Valley Middle
  • High School District Text: Scotts Valley Unified
  • High School Text: Scotts Valley High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .19
  • Lot Description: Grade - Sloped Down
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $2,893
  • Building Unit Total: 2
  • Capitalization Rate: 4.09
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $0
  • Expense Maintenance: $5,000
  • Expense Management: $0
  • Expense Trash: $500
  • Expenses Other: $0
  • Expenses Utility: $500
  • Expenses Total: $11,893
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 19.84
  • Income Annual Gross: $63,000
  • Income Annual Rental: $63,000
  • Income Gross Scheduled: $63,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 1650
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
Unit Type 1
  • Unit Type1 Approx SqFt: 1200

Property History for 106-108 Oak Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 106-108 Oak Lane

This home is within Scotts Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Brook Knoll Elementary School
PublicK to 5

Scotts Valley Middle School
Public6 to 8

Scotts Valley High School
Public9 to 12

Pacific Sands Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Bailey Properties, Jo Ellen Smith, DRE #01341240

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.