NOT LISTED FOR SALE

1205 Claremont St Salinas, CA 93906

Northridge Neighborhood

Estimated Value: $685,000 - $858,000

4 Beds
2 Baths
1,816 Sq Ft
$425/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2014

Last sale price $360,000 $198 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,484 / mo

66 Days on Market

Highlights

  • Neighborhood Views
  • Vinyl Flooring
  • 1-Story Property
  • Level Lot

About This Home

As of September 2014

Golden Opportunity, live in one unit and rent the other one out. Duplex, 2 bedrooms 1 bath, single car garages, front yard and fenced back yard. newer windows, located close to freeway access and schools.

Last Agent to Sell the Property

Diane Rae Malloy

Berkshire Hathaway HS Real Time Realty License #01776557 Listed on: 05/07/2014

Last Buyer's Agent

Luis Valdez

Elite Realty License #01098657

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Laminate
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $2,400

Community Details

Overview

  • 1,816 Sq Ft Building

Building Details

  • Insurance Expense $1,300
  • Operating Expense $4,094
  • Gross Income $2,376

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

8,189 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 198.24
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1816
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 1816
  • Stories: 1
  • Laundry: 220 Volt Outlet, In Garage
  • Flooring: Carpet - Area, Laminate, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8200.00
  • Lot Size Area Min Search: 8200.00
  • Maximum Lot Size: 8200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 162.50

Multi Family

  • Expense Insurance: 1300
  • Expenses Total: 4094
  • Expense Water Sewer: 68
  • Income Annual Gross: 2376.00
  • Income Annual Rental: 2400
  • Income Gross Scheduled: 2400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 24
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 17, 2014
Sold by
Eredia Raquel and Mendoza Yolanda
Bought by
Perez Mayra Isabel
Seller's Agent
Diane Rae Malloy
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Luis Valdez
Elite Realty
List Price
$405,000
Sold Price
$360,000
Premium/Discount to List
-$45,000
-11.11%
Current Estimated Value
$770,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,991
Avg. Annual Appreciation
6.77%
Original Mortgage
$322,242
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2005
Sold by
Mendoza Daniel
Bought by
Mendoza Yolanda

Purchase Details

Closed on
Oct 13, 2004
Sold by
Mendoza Daniel and Mendoza Yolanda
Bought by
Mendoza Daniel and Mendoza Yolanda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Perez Mayra Isabel $360,000 Old Republic Title Company
Mendoza Yolanda -- --
Mendoza Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Mayra Isabel $322,242
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $360,000 -11.1% $198 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $405,000 -- $223 / Sq Ft
Source: MLSListings

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 $5,088 $441,301 $208,393 $232,908
2024 $5,088 $432,649 $204,307 $228,342
2023 $4,918 $424,166 $200,301 $223,865
2022 $4,733 $415,850 $196,374 $219,476
2021 $4,547 $407,697 $192,524 $215,173
2020 $4,422 $403,517 $190,550 $212,967
2019 $4,390 $395,606 $186,814 $208,792
2018 $4,672 $387,850 $183,151 $204,699
2017 $4,336 $380,246 $179,560 $200,686
2016 $4,973 $372,791 $176,040 $196,751
2015 $4,577 $367,192 $173,396 $193,796
2014 $2,686 $242,007 $62,449 $179,558
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Diane Rae Malloy

    Berkshire Hathaway HS Real Time Realty

    Section Image
  • Luis Valdez

    Buyer's Agent in 2014

    Luis Valdez

    Elite Realty

    (831) 320-9816

    3 in this area

    39 Total Sales

    Luis Valdez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81415598

MLSListings

APN: 003-321-002-000

California Monterey County Salinas 93906 Northridge

1205 Claremont St, Salinas, CA

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