NOT LISTED FOR SALE

1055 E Laurel Dr Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $489,000 - $571,000

0.32 Acre
$1,678,475 Price per Acre
14,113 Sq Ft Lot

Last Sold July 26, 2013

Last sale price $145,000 $148 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $3,077/month

20 Days on Market

About This Lot

As of July 2013

INVESTORS, INVESTORS, INVESTORS, GREAT INVESTMENT OPPORTUNITY ONCE IN A LIFE TIME CHANCE TO OWN A MULTIFAMILY PROPERTY IN SALINAS. POSSIBLE TO PLACE UP TO 9 UNITS ZONING IS HIGH DENSITY.

Last Agent to Sell the Property

Omar Bitar

Executive Estates, Inc License #01883518 Listed on: 06/25/2013

Last Buyer's Agent

Omar Bitar

Executive Estates, Inc License #01883518 Listed on: 06/25/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,326

Lot Details

  • Partially Fenced Property

Property Details

Property Type

Land

Est. Annual Taxes

$2,326

Lot Details

0

Listing Details

  • Zoning: RH2.1
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing
  • Road Sidewalks: Sidewalk, Street Lights

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Number: 8
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 14100.00
  • Lot Size Area Min Search: 14100.00
  • Maximum Lot Size: 14100.00
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 159000

Multi Family

  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jul 24, 2013
Sold by
Narvaez Joseph P
Bought by
Holdem Investment Lp
Seller's Agent
Omar Bitar
Executive Estates, Inc
Buyer's Agent
Omar Bitar
Executive Estates, Inc
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Current Estimated Value
$543,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,826
Avg. Annual Appreciation
11.41%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Narvaez Raymond Michael and Narvaez Aurelia
Bought by
Narvaez Joseph P

Purchase Details

Closed on
Dec 13, 1995
Sold by
Narvaez Raymond Michael and Narvaez Aurelia
Bought by
Narvaez Joseph P

Purchase Details

Closed on
Dec 14, 1994
Sold by
Narvaez Raymond Michael and Narvaez Aurelia
Bought by
Narvaez Joseph P

Purchase Details

Closed on
Dec 8, 1993
Sold by
Narvaez Raymond Michael and Narvaez Aurelia
Bought by
Narvaez Joseph P
Source: Public Records

Range of Values:

Collateral Analytics

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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
Holdem Investment Lp $145,000 First American Title Company
Narvaez Joseph P -- First American Title Company
Narvaez Joseph P -- --
Narvaez Joseph P -- --
Narvaez Joseph P -- --
Narvaez Joseph P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $145,000 -8.8% $148 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $159,000 -- $162 / 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 $2,326 $174,257 $174,257 --
2024 $2,326 $170,841 $170,841 --
2023 $2,284 $167,492 $167,492 $0
2022 $2,056 $164,208 $164,208 --
2021 $2,057 $160,989 $160,989 $0
2020 $2,034 $159,339 $159,339 $0
2019 $2,096 $156,215 $156,215 $0
2018 $2,014 $156,215 $53,867 $102,348
2017 $2,090 $153,153 $52,811 $100,342
2016 $1,983 $150,151 $51,776 $98,375
2015 $1,967 $147,897 $50,999 $96,898
2014 $1,897 $145,000 $50,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2013

    Omar Bitar

    Executive Estates, Inc

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Map

Source: MLSListings

MLS Number: ML81322734

MLSListings

APN: 004-221-037-000

California Monterey County Salinas 93905 East Salinas

1055 E Laurel Dr, Salinas, CA

This home is located at 1055 E Laurel Dr, Salinas, CA 93905 since 25 June 2013 and is currently estimated at $543,826, approximately $554 per square foot. 1055 E Laurel Dr is a home located in Monterey County with nearby schools including Fremont Elementary School, El Sausal Middle School, and Alisal High School.

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