NOT LISTED FOR SALE

Estimated Value: $725,000 - $888,000

4 Beds
2 Baths
1,690 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $390,000 $231 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,662/month

14 Days on Market

Highlights

  • 1 Car Attached Garage
  • Carpet
  • 1-Story Property

About This Home

As of August 2015

Great duplex in South Salinas located minutes away from shopping, restaurants & hospital. 121 & 123 Orange. Please do not disturb tenants. Each unit has 2 bed 1 bath with 1 car garage- ready for the investor. Tenants are long term. Lot is approximately 6000 square feet. Agent did not measure building or house.Sq.ft./ lot size/ age and schools not verified by listing agent. Sorry for no additional photos.

Last Agent to Sell the Property

Susan Lubin-Brownlie

Coldwell Banker/Gay Dales License #01069736 Listed on: 06/22/2015

Coldwell Banker/Gay Dales

Last Buyer's Agent

Son Pham-Gallardo

Signature Real Estate Group License #01373753

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 6,011

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Carpet

Additional Features

  • 6,011 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $25,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Operating Expense $4,132
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1690
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1690
  • Stories: 1
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1380
  • 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: 15.35
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expenses Total: 4132
  • Income Annual Gross: 25800.00
  • Income Annual Rental: 25800
  • Income Gross Scheduled: 25800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 19, 2015
Sold by
Hobbs Jeannette and The 2015 Gary A Decarli Revoca
Bought by
Dds Pension Plan Trust and Allied Consultants Inc Volume Submitter
Seller's Agent
Susan Lubin-Brownlie
Coldwell Banker/Gay Dales
Buyer's Agent
Son Pham-Gallardo
Signature Real Estate Group
List Price
$396,000
Sold Price
$390,000
Premium/Discount to List
-$6,000
-1.52%
Current Estimated Value
$803,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,158
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Decarli Gary A
Bought by
Decarli Gary A and 2015 Gary A Decarli Revocable

Purchase Details

Closed on
Apr 1, 2015
Sold by
Decarle Gary A and Miller Janice L
Bought by
Decarli Gary A
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
Dds Pension Plan Trust $390,000 First American Title Company
Decarli Gary A -- None Available
Decarli Gary A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $390,000 -1.5% $231 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $396,000 -- $234 / 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 $5,305 $461,673 $189,404 $272,269
2024 $5,305 $452,622 $185,691 $266,931
2023 $5,126 $443,748 $182,050 $261,698
2022 $4,936 $435,048 $178,481 $256,567
2021 $4,742 $426,519 $174,982 $251,537
2020 $4,611 $422,146 $173,188 $248,958
2019 $4,581 $413,870 $169,793 $244,077
2018 $4,521 $405,756 $166,464 $239,292
2017 $4,525 $397,800 $163,200 $234,600
2016 $4,529 $390,000 $160,000 $230,000
2015 $2,819 $235,531 $73,094 $162,437
2014 -- $230,919 $71,663 $159,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81471484

MLSListings

APN: 002-597-007-000