NOT LISTED FOR SALE

1124 Acosta St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $648,974 - $713,000

3 Beds
2 Baths
1,503 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $523,000 $348 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,294/month

9 Days on Market

About This Home

As of June 2020

Duplex, 2 detached homes: 1124 is 1BR/IBA, 1126 is a 2BR/1BA on the same lot is available to purchase. Live in one and rent the other or rent both units.

Last Agent to Sell the Property

Javier Marquez

Homes By The Sea Real Estate Inc License #01241617 Listed on: 03/03/2020

Last Buyer's Agent

Rossy Figueroa

Berkshire Hathaway HS Real Time Realty License #01757253

Berkshire Hathaway HS Real Time Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,496

Year Built

  • 1949

Lot Details

  • 7,401

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,401 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $32,000

Community Details

Overview

  • 1,503 Sq Ft Building

Building Details

  • Operating Expense $5,000
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,496

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: r2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1503
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 1503
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1699
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7400.00

Rental Info

  • Gross Rent Multiplier: 15.38

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 5000
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 32000
  • Income Gross Scheduled: 32000
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jun 9, 2020
Sold by
Zalez 9004 Lllc
Bought by
Ambriz Victor Tena and Ambriz Tena Fredy
Seller's Agent
Javier Marquez
Homes By The Sea Real Estate Inc
Buyer's Agent
Rossy Figueroa
Berkshire Hathaway HS Real Time Realty
List Price
$492,000
Sold Price
$523,000
Premium/Discount to List
$31,000
6.3%
Current Estimated Value
$673,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,244
Avg. Annual Appreciation
5.06%
Original Mortgage
$513,527
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jun 5, 2020
Sold by
Zavala Adriana Tinoco
Bought by
Ambriz Victor Tena
Seller's Agent
Javier Marquez
Homes By The Sea Real Estate Inc
Buyer's Agent
Rossy Figueroa
Berkshire Hathaway HS Real Time Realty
List Price
$492,000
Sold Price
$523,000
Premium/Discount to List
$31,000
6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,527
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 10, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Zalez 9004 Llc
Seller's Agent
Johnny Quillopo
Global Estates & Mortgage
Buyer's Agent
Johnny Quillopo
Global Estates & Mortgage
List Price
$359,900
Sold Price
$395,500
Premium/Discount to List
$35,600
9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.72%

Purchase Details

Closed on
May 22, 2017
Sold by
Cortazar Jacinto and Gasca Ana Maria
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Mar 10, 2005
Sold by
Lopez Carmen Maria
Bought by
Cortazar Jacinto and Gasca Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First
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
Ambriz Victor Tena $523,000 Chicago Title Company
Ambriz Victor Tena -- Chicago Title Company
Zalez 9004 Llc $395,500 Lawyers Title
Wilmington Savings Fund Society Fsb $609,732 Accommodation
Cortazar Jacinto $505,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambriz Victor Tena $509,139
Closed Ambriz Victor Tena $513,527
Previous Owner Cortazar Jacinto $500,000
Previous Owner Cortazar Jacinto $62,500
Previous Owner Cortazar Jacinto $505,000
Previous Owner Lopez Carmen Maria $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $523,000 +6.3% $348 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $492,000 +24.4% $327 / Sq Ft
12/31/2019 12/31/19 Sold $395,500 +9.9% $263 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $359,900 -- $239 / 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 $7,496 $571,973 $322,623 $249,350
2024 $7,496 $560,759 $316,298 $244,461
2023 $7,359 $549,765 $310,097 $239,668
2022 $6,625 $538,986 $304,017 $234,969
2021 $6,629 $528,418 $298,056 $230,362
2020 $4,973 $395,500 $200,000 $195,500
2019 $5,217 $332,928 $135,252 $197,676
2018 $4,865 $326,400 $132,600 $193,800
2017 $4,870 $320,000 $130,000 $190,000
2016 $4,613 $300,000 $130,000 $170,000
2015 $4,028 $255,000 $75,000 $180,000
2014 $3,621 $230,000 $50,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Javier Marquez

    Seller's Agent in 2020

    Javier Marquez

    Homes By The Sea Real Estate Inc

    (619) 808-9816

    4 in this area

    38 Total Sales

    Javier Marquez
    Section Image
  • Rossy Figueroa

    Buyer's Agent in 2020

    Rossy Figueroa

    Berkshire Hathaway HS Real Time Realty

    (831) 594-5721

    26 in this area

    160 Total Sales

    Rossy Figueroa
    Section Image

  • J

    Seller's Agent in 2019

    Johnny Quillopo

    Global Estates & Mortgage

    (831) 419-6888

    8 Total Sales

    Johnny Quillopo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81785204

MLSListings

APN: 004-221-017-000

California Monterey County Salinas 93905 East Salinas

1124 Acosta St, Salinas, CA

This home is located at 1124 Acosta St, Salinas, CA 93905 since 03 March 2020 and is currently estimated at $673,244, approximately $447 per square foot. This property was built in 1949. 1124 Acosta St is a home located in Monterey County with nearby schools including Jesse G. Sanchez Elementary School, El Sausal Middle School, and Alisal High School.

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