NOT LISTED FOR SALE

10 Mayfair Dr Salinas, CA 93905

East Salinas Neighborhood
8 Beds
4 Baths
2,992 Sq Ft
6,621 Sq Ft Lot

Last Sold July 19, 2016

Last sale price $570,000 $191 Per Sq Ft

12 Days on Market

Highlights

  • City View
  • Geodesic or Dome Home
  • Kitchen Island
  • Granite Countertops
  • Tile Flooring
  • Level Lot

About This Home

As of July 2016

This home is located at 10 Mayfair Dr, Salinas, CA 93905 since 01 May 2016. This property was built in 1962. 10 Mayfair Dr is a home located in Monterey County with nearby schools including Sherwood Elementary School, Los Padres Elementary School, and Washington Middle School.

Last Agent to Sell the Property

Bruce Pierson

Pierson Realty Group License #00515968 Listed on: 05/01/2016

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,621 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Geodesic or Dome Home
  • Mansard Roof Shape
  • Reinforced Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 2,992 Sq Ft Home
  • 2-Story Property
  • City Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • No Garage
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $55,000
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $2,013
  • Maintenance Expense $1,000
  • Manager Expense $3,500
  • Utility Expense $3,012
  • Trash Expense $1,200
  • Operating Expense $11,723
  • Gross Income $55,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Style: Dome, Flat
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Countertop - Granite, Exhaust Fan, Hookups - Gas, Island, Oven Range - Electric, Varies By Unit
  • Living Sq Ft: 2992
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Reinforced Concrete, Sealed Crawlspace
  • Roof: Composition, Mansard
  • View: City
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Covered Parking, No Garage, Off-Street Parking, Uncovered Parking
  • Carport Min: 4

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Green Features

  • Energy Features: Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 11.77
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2013
  • Expense Maintenance: 1000
  • Expense Management: 3500
  • Expenses Total: 11723
  • Expenses Utility: 3012
  • Expense Trash: 1200
  • Income Annual Gross: 55000.00
  • Income Annual Rental: 55000
  • Income Gross Scheduled: 55000
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Depreciation
  • Tenant Expenses: Utilities - Electric, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $570,000 -12.0% $191 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $647,475 -- $216 / 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 $7,632 $661,927 $406,201 $255,726
2024 $7,632 $648,557 $398,237 $250,320
2023 $7,377 $635,841 $390,429 $245,412
2022 $7,096 $623,374 $382,774 $240,600
2021 $6,818 $611,152 $375,269 $235,883
2020 $6,630 $605,287 $371,422 $233,865
2019 $6,583 $593,428 $364,140 $229,288
2018 $6,493 $581,800 $357,000 $224,800
2017 $6,498 $570,400 $350,000 $220,400
2016 $1,051 $84,713 $24,003 $60,710
2015 $1,059 $83,448 $23,643 $59,805
2014 $993 $81,822 $23,180 $58,642
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bruce Pierson

    Pierson Realty Group

    Section Image

  • H

    Buyer's Agent in 2016

    Hui Wang

    Shen's Management & Sales Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81583156

MLSListings

APN: 004-582-005

California Monterey County Salinas 93905 East Salinas

10 Mayfair Dr, Salinas, CA

Not Listed for Sale

MultiFamily

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