NOT LISTED FOR SALE

1252 Cortez St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $658,297 - $809,000

3 Beds
1 Bath
1,419 Sq Ft
$517/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $407,000 $287 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,523/month

158 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of February 2018

This home is located at 1252 Cortez St, Salinas, CA 93905 since 06 August 2017 and is currently estimated at $733,649, approximately $517 per square foot. This property was built in 1948. 1252 Cortez St is a home located in Monterey County with nearby schools including Alisal Community, La Paz Middle School, and Alisal High School.

Last Agent to Sell the Property

Cliff Mortensen

Mariner Real Estate Inc. License #00834930 Listed on: 08/06/2017

Last Buyer's Agent

Tony Lupina

Legacy Real Estate & Associates License #00855775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,594

Year Built

  • 1948

Lot Details

  • 5,998 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $28,500

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,594

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: Multi
  • Subclass: Duplex
  • Style: Traditional
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1419
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 1419
  • Stories: 1

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1377
  • 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

  • Gross Rent Multiplier: 14.35
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 28500.00
  • Income Annual Rental: 28500
  • Income Gross Scheduled: 28500
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2017
Closed on
Feb 12, 2018
Sold by
Osborn Lester L
Bought by
Lucgojonaj Nick
Seller's Agent
Cliff Mortensen
Mariner Real Estate Inc.
Buyer's Agent
Tony Lupina
Legacy Real Estate & Associates
List Price
$409,000
Sold Price
$407,000
Premium/Discount to List
-$2,000
-0.49%
Current Estimated Value
$733,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,649
Avg. Annual Appreciation
6.65%
Original Mortgage
$200,000
Outstanding Balance
$170,159
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$494,896

Purchase Details

Closed on
Sep 3, 1998
Sold by
Osborn Lester L and Osborn Doris A
Bought by
Osborn Lester L and Osborn Doris A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lucgojonaj Nick $407,000 Chicago Title Salinas
Osborn Lester L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucgojonaj Nick $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $407,000 -0.5% $287 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
08/06/2017 08/06/17 For Sale $409,000 -- $288 / 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 $7,594 $463,093 $250,321 $212,772
2024 $7,594 $454,013 $245,413 $208,600
2023 $7,281 $445,111 $240,601 $204,510
2022 $6,440 $436,384 $235,884 $200,500
2021 $6,249 $427,828 $231,259 $196,569
2020 $6,164 $423,442 $228,888 $194,554
2019 $6,073 $415,140 $224,400 $190,740
2018 $2,655 $206,554 $95,332 $111,222
2017 $2,755 $202,505 $93,463 $109,042
2016 $2,615 $198,535 $91,631 $106,904
2015 $2,592 $195,554 $90,255 $105,299
2014 $2,500 $191,725 $88,488 $103,237
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cliff Mortensen

    Mariner Real Estate Inc.

    Section Image

  • T

    Buyer's Agent in 2018

    Tony Lupina

    Legacy Real Estate & Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81672968

MLSListings

APN: 004-443-012-000

California Monterey County Salinas 93905 East Salinas

1252 Cortez St, Salinas, CA

This home is located at 1252 Cortez St, Salinas, CA 93905 since 06 August 2017 and is currently estimated at $733,649, approximately $517 per square foot. This property was built in 1948. 1252 Cortez St is a home located in Monterey County with nearby schools including Alisal Community, La Paz Middle School, and Alisal High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes