NOT LISTED FOR SALE
6 Beds
3 Baths
2,197 Sq Ft
7,601 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $840,000 $382 Per Sq Ft

134 Days on Market

Highlights

  • Craftsman Architecture
  • Tile Flooring
  • Washer and Dryer
  • Laundry Room
  • Coin Laundry
  • Level Lot

About This Home

As of December 2022

TRIPLEX! INCREDIBLE investment opportunity! EXCEPTIONAL CONDITION. Upgrades -tile and laminated floors, kitchens, bathrooms, cement patios, and four H2O heaters. Highly-rated school district. Walk to markets & schools. Close to Old Town Salinas with easy access to HWY 101.#1 - Craftsman style home with 2 bedrooms and 1 bath = 877 square feet.Huge front and side yard. #2 - Duplex with two units. Each unit with 2 bedrooms and 1 bath. Each unit is over 660 square feet. Each unit has a private yard and newer fencing. The rents: $1700, $1700, $1550. Laundry room on the 4th meter with two newer commercial coin-operated washers/dryers. Buyer is advised to independently verify the accuracy of all information, and square footage through personal inspection & with the appropriate professionals to satisfy themselves. Do not disturb occupants on a month-to-month tenancy. Located on the corner of Smith St. & Santa Maria. No sign. Large lot. Reports on file.

Last Agent to Sell the Property

Debra Ann Demos

eXp Realty of California Inc License #01104266 Listed on: 07/02/2022

eXp Realty of California Inc

Last Buyer's Agent

Hector Navarro

Remax Property Experts License #02055079

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Lot Details

  • 7,601 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Craftsman Architecture
  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,197 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 2,197 Sq Ft Building
  • Coin Laundry
  • 3 Leased Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: mulit-residential triplex
  • Subclass: Triplex
  • Style: Contemporary, Craftsman
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2197
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Living Sq Ft: 2197
  • Stories: 1
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, On Street, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1745
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.65
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Includes: Coin Operated Equip, Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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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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
12/15/2022 12/15/22 Sold $840,000 -15.1% $382 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $989,000 -- $450 / 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 $10,018 $873,936 $364,140 $509,796
2024 $10,018 $856,800 $357,000 $499,800
2023 $9,682 $840,000 $350,000 $490,000
2022 $4,411 $840,000 $350,000 $490,000
2021 $4,238 $377,927 $104,010 $273,917
2020 $4,122 $374,053 $102,944 $271,109
2019 $4,091 $366,720 $100,926 $265,794
2018 $4,039 $359,531 $98,948 $260,583
2017 $4,042 $352,482 $97,008 $255,474
2016 $4,046 $345,571 $95,106 $250,465
2015 $4,080 $340,381 $93,678 $246,703
2014 $3,809 $333,714 $91,843 $241,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81898778

MLSListings

APN: 003-021-006