NOT LISTED FOR SALE

1106 Trinity Ave Seaside, CA 93955

Estimated Value: $836,000 - $1,463,000

10 Beds
4 Baths
5,109 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $630,000 $123 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,785/month

123 Days on Market

Highlights

  • Marble Flooring
  • Balcony
  • Forced Air Heating System
  • Neighborhood Views

About This Home

As of July 2012

This is a very unique property for the peninsula. Extra large 10 bedroom 8 bath duplex with each unit showing its rent potential. Must see units A and B to verify this income producing property. Great opportunity to live in one and rent out the other. Large open floor plans, very nice kitchen areas with upgrades, large size bedrooms, and very nice master bedrooms and bath.

Last Agent to Sell the Property

Brenda Miller

Countywide Real Estate License #01416665 Listed on: 03/10/2012

Countywide Real Estate

Last Buyer's Agent

Choung Sherwood

Don Gruber Real Estate License #01400965

Property Details

Home Type

  • Multi-Family

Year Built

  • 2001

Lot Details

  • 10,193

Parking

  • Private Parking

Home Design

  • Duplex
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,109 Sq Ft Home
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $67,200

Community Details

Overview

  • 2 Units
  • 5,109 Sq Ft Building

Building Details

  • Insurance Expense $3,600
  • Maintenance Expense $2,400
  • Manager Expense $3,600
  • Operating Expense $14,516
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Year Built

2001

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 123.31
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 5109
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2001

Interior Features

  • Kitchen: Garbage Disposal, Oven Range
  • Living Sq Ft: 5109
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Carpet - Wall To Wall, Marble, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Clay
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10152.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10152.00
  • Lot Size Area Min Search: 10152.00
  • Maximum Lot Size: 10152.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): More Than 1 Yr
  • Gross Rent Multiplier: 10.11

Multi Family

  • Expense Insurance: 3600
  • Expense Maintenance: 2400
  • Expense Management: 3600
  • Expenses Total: 14516
  • Income Annual Gross: 67200.00
  • Income Annual Rental: 67200
  • Income Gross Scheduled: 67200
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2020
Sold by
Park Yeon Sup and Kim Myung Hae
Bought by
Park Yeon Sup and Kim Myung Hae
Current Estimated Value
$1,164,476

Purchase Details

Listed on
Mar 10, 2012
Closed on
Jul 19, 2012
Sold by
Santa Barbara Bank & Trust Na
Bought by
Park Yeon Sup and Kim Myung Hae
Seller's Agent
Brenda Miller
Countywide Real Estate
Buyer's Agent
Choung Sherwood
Don Gruber Real Estate
List Price
$719,000
Sold Price
$630,000
Premium/Discount to List
-$89,000
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
May 20, 2011
Sold by
Bonilla Orlando C
Bought by
Santa Barbara Bank & Trust

Purchase Details

Closed on
Nov 4, 2004
Sold by
Bonilla Orlando C
Bought by
Bonilla Orlando C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2000
Sold by
Bonilla Acela M and Rosa Maria E
Bought by
Bonilla Orlando C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 9, 1999
Sold by
Bonilla Odir A and Bonilla Eduber N
Bought by
Bonilla Orlando C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,640
Interest Rate
7.95%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Bonilla Odir A and Bonilla Eduber N
Bought by
Bonilla Odir A and Bonilla Eduber N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Park Yeon Sup -- None Available
Park Yeon Sup $630,000 North American Title Co Inc
Santa Barbara Bank & Trust $560,000 Accommodation
Bonilla Orlando C -- Financial Title Company
Bonilla Orlando C -- Chicago Title Co
Bonilla Orlando C -- Chicago Title Co
Bonilla Orlando C -- Stewart Title
Bonilla Odir A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonilla Orlando C $663,750
Previous Owner Bonilla Orlando C $300,000
Previous Owner Bonilla Orlando C $63,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $630,000 -12.4% $123 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $719,000 -- $141 / 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 $8,199 $775,790 $246,282 $529,508
2024 $8,199 $760,579 $241,453 $519,126
2023 $8,221 $745,667 $236,719 $508,948
2022 $8,108 $731,047 $232,078 $498,969
2021 $7,992 $716,714 $227,528 $489,186
2020 $7,692 $709,365 $225,195 $484,170
2019 $8,070 $695,457 $220,780 $474,677
2018 $7,749 $681,821 $216,451 $465,370
2017 $7,182 $668,453 $212,207 $456,246
2016 $7,055 $655,347 $208,047 $447,300
2015 $6,955 $645,504 $204,922 $440,582
2014 $6,836 $632,860 $200,908 $431,952
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brenda Miller

    Countywide Real Estate

    Section Image

  • C

    Buyer's Agent in 2012

    Choung Sherwood

    Don Gruber Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81209193

MLSListings

APN: 012-351-037-000

California Monterey County Seaside 93955

1106 Trinity Ave, Seaside, CA

Not Listed for Sale

MultiFamily

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