NOT LISTED FOR SALE

1250 Ord Grove Ave Seaside, CA 93955

Estimated Value: $503,000 - $814,000

4 Beds
2 Baths
1,200 Sq Ft
$602/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $325,000 $271 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,334/month

8 Days on Market

About This Home

As of July 2012

OPEN HOUSE THIS SATURDAY 7/7/12 FROM 12PM-3PM. A MUST SEE!!! Investors come and take a look or live in one and rent the other. This property is move-in ready! New paint, flooring, kitchen cabinets, granite counter tops, new kitchen appliances (refrigerator and stove) and more. This property is located next to beach, schools, shopping and freeway access.

Last Agent to Sell the Property

Daisy Chavarria

Patricia Quintero Real Estate License #01848202 Listed on: 07/05/2012

Patricia Quintero Real Estate

Last Buyer's Agent

Tami Monasmith

Vanco Real Estate Executives License #01867113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,343

Year Built

  • 1951

Lot Details

  • 7,536

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200

Community Details

Overview

  • 1,200 Sq Ft Building

Building Details

  • Operating Expense $5,445
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,343

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 61
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 270.83
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1200
  • Stories: 1
  • Laundry: Gas Hookup

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7400.00
  • Lot Size Area Min Search: 7400.00
  • Maximum Lot Size: 7400.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 9.26

Multi Family

  • Expenses Total: 5445
  • Income Annual Gross: 15600.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
  • Vacancy Amount: 15600
  • Vacancy Factor: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jul 25, 2012
Sold by
Tringali Briana S
Bought by
Tringali Salvatore J
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Tami Monasmith
Vanco Real Estate Executives
List Price
$289,000
Sold Price
$325,000
Premium/Discount to List
$36,000
12.46%
Current Estimated Value
$725,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,531
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jul 23, 2012
Sold by
Jjio Llc
Bought by
Tringali Salvatore J
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Tami Monasmith
Vanco Real Estate Executives
List Price
$289,000
Sold Price
$325,000
Premium/Discount to List
$36,000
12.46%

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jun 7, 2012
Sold by
Apaldetti Jorge
Bought by
Jjio Llc
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Tami Monasmith
Vanco Real Estate Executives
List Price
$289,000
Sold Price
$325,000
Premium/Discount to List
$36,000
12.46%

Purchase Details

Listed on
Jan 23, 2012
Closed on
May 1, 2012
Sold by
Arango Martin
Bought by
Apaldetti Jorge
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Patty Quintero
Patricia Quintero Real Estate
List Price
$130,000
Sold Price
$130,000

Purchase Details

Closed on
Dec 14, 2006
Sold by
Orellana Egla I
Bought by
Arango Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Prasad Richard and Prasad Ram
Bought by
Arango Martin and Orellana Egla I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 1999
Sold by
Smith William L
Bought by
Prasad Richard and Prasad Ram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.7%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Kenoyer Kevin L and Howard Steven J
Bought by
Smith William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
7.17%

Purchase Details

Closed on
May 13, 1998
Sold by
Kenoyer Kevin L
Bought by
Kenoyer Kevin L and Howard Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
7.17%

Purchase Details

Closed on
Nov 11, 1993
Sold by
Kenoyer Helen C
Bought by
Kenoyer Helen C
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
Tringali Salvatore J -- First American Title Company
Tringali Salvatore J $325,000 First American Title Company
Jjio Llc $130,000 First American Title Company
Apaldetti Jorge $130,000 First American Title Company
Arango Martin -- Stewart Title Of Ca Inc
Arango Martin $499,000 Old Republic Title
Prasad Richard $200,000 Old Republic Title Company
Smith William L $145,500 Old Republic Title Company
Kenoyer Kevin L -- --
Kenoyer Helen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tringali Salvatore J $195,000
Closed Tringali Salvatore J $195,000
Previous Owner Arango Martin $540,000
Previous Owner Arango Martin $62,000
Previous Owner Arango Martin $399,200
Previous Owner Prasad Richard $300,000
Previous Owner Prasad Richard $236,250
Previous Owner Prasad Richard $160,000
Previous Owner Smith William L $94,250
Closed Smith William L $43,150
Closed Arango Martin $99,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $325,000 +12.5% $271 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $289,000 +122.3% $241 / Sq Ft
05/10/2012 05/10/12 Sold $130,000 0.0% $108 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $130,000 -- $108 / 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 $4,343 $408,205 $156,999 $251,206
2024 $4,343 $400,202 $153,921 $246,281
2023 $4,352 $392,355 $150,903 $241,452
2022 $4,293 $384,663 $147,945 $236,718
2021 $4,231 $377,122 $145,045 $232,077
2020 $4,073 $373,256 $143,558 $229,698
2019 $4,271 $365,939 $140,744 $225,195
2018 $4,103 $358,765 $137,985 $220,780
2017 $3,804 $351,731 $135,280 $216,451
2016 $3,737 $344,835 $132,628 $212,207
2015 $3,684 $339,656 $130,636 $209,020
2014 $3,622 $333,004 $128,078 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81225069

MLSListings

APN: 011-092-002-000