NOT LISTED FOR SALE

Estimated Value: $454,455 - $640,000

3 Beds
2 Baths
1,177 Sq Ft
$465/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $150,000 $127 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $3,120/month

12 Days on Market

About This Home

As of June 2012

Great Investment Opportunity or Live in one and rent the other!!! Two units at one low price.

Last Agent to Sell the Property

Daisy Chavarria

Patricia Quintero Real Estate License #01848202 Listed on: 04/20/2012

Patricia Quintero Real Estate

Last Buyer's Agent

Eisrael Gomez

Century 21 A Property Shoppe License #01362981

Century 21 A Property Shoppe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,515

Year Built

  • 1949

Lot Details

  • 6,011

Parking

  • Uncovered Parking

Home Design

  • 1,177 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $22,800

Community Details

Overview

  • 2 Units
  • 1,177 Sq Ft Building

Building Details

  • Operating Expense $5,337
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,515

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: RES
  • Subclass: Duplex
  • Age: 63
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 127.44
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1177
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 1177
  • Laundry: In Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 7.01

Multi Family

  • Expenses Total: 5337
  • Income Annual Gross: 22800.00
  • Income Annual Rental: 22800
  • Income Gross Scheduled: 22800
  • Income Includes: Lease
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 20, 2012
Sold by
Jjio Llc
Bought by
Guerrero Erick
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Eisrael Gomez
Century 21 A Property Shoppe
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$546,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,864
Avg. Annual Appreciation
10.21%
Original Mortgage
$112,500
Outstanding Balance
$77,747
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$469,117

Purchase Details

Closed on
Apr 12, 2011
Sold by
Garcia Cynthia
Bought by
Jjio Llc

Purchase Details

Closed on
Oct 30, 2009
Sold by
Morales Monica
Bought by
Garcia Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Morales Monica

Purchase Details

Closed on
Aug 25, 2008
Sold by
Munoz Ramon Chavez
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-6

Purchase Details

Closed on
May 18, 2006
Sold by
Munoz Olivia Romero
Bought by
Munoz Ramon Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2006
Sold by
Munoz Abel Bill and Munoz Ramon Chavez
Bought by
Munoz Ramon Chavez and Munoz Ramon Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2005
Sold by
Adams Robert T
Bought by
Munoz Abel Bill and Munoz Ramon Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
7.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2000
Sold by
Adams Kimberly Jo
Bought by
Adams Robert T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Guerrero Erick $150,000 First American Title Company
Jjio Llc $110,100 None Available
Garcia Cynthia $125,000 Old Republic Title Company
Morales Monica $67,500 Chicago Title Company
Deutsche Bank National Trust Co $83,000 Servicelink
Munoz Ramon Chavez -- Fidelity National Title Co
Munoz Ramon Chavez -- Fidelity National Title Co
Munoz Abel Bill -- Fidelity Title
Adams Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Erick $112,500
Previous Owner Garcia Cynthia $100,000
Previous Owner Munoz Ramon Chavez $385,000
Previous Owner Munoz Abel Bill $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $150,000 -6.2% $127 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $159,900 -- $136 / 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 $2,515 $188,395 $62,796 $125,599
2024 $2,515 $184,702 $61,565 $123,137
2023 $2,470 $181,081 $60,358 $120,723
2022 $2,225 $177,531 $59,175 $118,356
2021 $2,225 $174,051 $58,015 $116,036
2020 $2,201 $172,268 $57,421 $114,847
2019 $2,269 $168,892 $56,296 $112,596
2018 $2,139 $165,582 $55,193 $110,389
2017 $2,219 $162,336 $54,111 $108,225
2016 $2,107 $159,153 $53,050 $106,103
2015 $2,088 $156,764 $52,254 $104,510
2014 $2,014 $153,694 $51,231 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81214747

MLSListings

APN: 004-373-004-000