NOT LISTED FOR SALE

107 Orange Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $753,000 - $921,000

4 Beds
2 Baths
1,679 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $650,000 $387 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,963/month

10 Days on Market

About This Home

As of July 2021

Two, 2BR/1BA units available in prime South Salinas within walking distance to shopping, parks and South Main Street! Each unit is approx 840 sq. ft. and has its own 1 car garage. Both units also have their own backyard. Some windows have been replaced to double pane. New composition roof installed in 2017.

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 06/19/2021

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,901

Year Built

  • 1950

Lot Details

  • 5,998

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,679 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,998 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $45,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Utility Expense $500
  • Operating Expense $11,350
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,901

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-M 2.9
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1679
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1679
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.25
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 1200
  • Expenses Total: 11350
  • Expenses Utility: 500
  • Income Annual Gross: 45600.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 45600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Water
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 28, 2021
Sold by
Penelope Toni
Bought by
Penelope Toni Trust
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$786,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,255
Avg. Annual Appreciation
4.51%
Original Mortgage
$450,000
Outstanding Balance
$411,128
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$365,800

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 21, 2021
Sold by
Toni Michael S and The Penelope Toni Trust
Bought by
Vandang Viet and Tran Thanh Huong
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$411,128
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$365,800

Purchase Details

Closed on
Jul 29, 2013
Sold by
Poulton James W and Poulton Toni Penelope
Bought by
Toni Penelope and Penelope Toni Trust
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
Penelope Toni Trust -- --
Vandang Viet $650,000 Chicago Title Company
Toni Penelope -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandang Viet $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $650,000 0.0% $387 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $650,000 -- $387 / 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 $7,901 $689,785 $397,953 $291,832
2024 $7,901 $676,260 $390,150 $286,110
2023 $7,635 $663,000 $382,500 $280,500
2022 $7,349 $650,000 $375,000 $275,000
2021 $869 $73,900 $19,090 $54,810
2020 $846 $73,143 $18,895 $54,248
2019 $838 $71,710 $18,525 $53,185
2018 $823 $70,305 $18,162 $52,143
2017 $824 $68,927 $17,806 $51,121
2016 $824 $67,576 $17,457 $50,119
2015 $831 $66,562 $17,195 $49,367
2014 $778 $65,259 $16,859 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Dale Handley

    Seller's Agent in 2021

    Dale Handley

    Town'N Country Realty

    (831) 424-0001

    32 in this area

    92 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81849838

MLSListings

APN: 002-597-011-000

California Monterey County Salinas 93901 South Salinas

107 Orange Dr, Salinas, CA

This home is located at 107 Orange Dr, Salinas, CA 93901 since 19 June 2021 and is currently estimated at $824,141, approximately $490 per square foot. This property was built in 1950. 107 Orange Dr is a home located in Monterey County with nearby schools including Monterey Park Elementary School, Lincoln Elementary School, and Mission Park Elementary School.

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