NOT LISTED FOR SALE

127 Orange Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $743,000 - $882,000

-- Bed
2 Baths
1,682 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $335,000 $199 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,634/month

1 Day on Market

About This Home

As of May 2013

South Salinas duplex in excellent location Address is 125 & 127 Orange Drive. 127 is vacant and available for showings. Each unit is 2 bedrooms 1 bath with a single car garage. Some new windows, roof is 10 yrs. old. Each unit has a fenced rear yard and tiled kitchen.

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #00513158 Listed on: 04/11/2013

Last Buyer's Agent

Beverly Sims

Cambridge Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 6,011

Parking

  • Private Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,682 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Community Details

  • 1,682 Sq Ft Building
  • Operating Expense $2,450

Listing and Financial Details

  • The owner pays for services - gardener/landscaping

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: 2B
  • Subclass: Duplex
  • Sale Price Per Sq Ft: 199.17
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1682
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1682
  • Stories: 1
  • Laundry: Gas Hookup
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 2450
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Fee - Property Tax, Services - Sewer
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Silacci Mark E and Silacci Lisa L
Bought by
Silacci Family Properties Llc
Current Estimated Value
$808,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$514,472
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$294,277

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 10, 2013
Sold by
Mitchell Eddie and The Mitchell Living Trust
Bought by
Silacci Mark E and Silacci Lisa L
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
Beverly Sims
Cambridge Realty
List Price
$299,000
Sold Price
$335,000
Premium/Discount to List
$36,000
12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$251,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2003
Sold by
Lakey Mitchell Eddie and Lakey Mitchell Joanna
Bought by
Lakey Mitchell Eddie and Lakey Mitchell Jo Anna

Purchase Details

Closed on
May 23, 2003
Sold by
Lakey Mitchell Eddie and Lakey Mitchell Joanna
Bought by
Lakey Mitchell Eddie and Lakey Mitchell Jo Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1998
Sold by
Lakey Mitchell Eddie and Lakey Mitchell Joanna
Bought by
Lakey Mitchell Eddie and Lakey Mitchell Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.11%
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
Silacci Family Properties Llc -- First American Title Company
Silacci Mark E $335,000 Old Republic Title Company
Lakey Mitchell Eddie -- First American Title Company
Lakey Mitchell Eddie -- First American Title
Lakey Mitchell Eddie -- First American Title
Lakey Mitchell Eddie -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silacci Family Properties Llc $650,000
Previous Owner Silacci Mark E $251,250
Previous Owner Lakey Mitchell Eddie $105,250
Previous Owner Lakey Mitchell Eddie $112,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $335,000 +12.0% $199 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $299,000 -- $178 / 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 $4,612 $400,203 $123,138 $277,065
2024 $4,612 $392,357 $120,724 $271,633
2023 $4,457 $384,664 $118,357 $266,307
2022 $4,288 $377,123 $116,037 $261,086
2021 $4,120 $369,729 $113,762 $255,967
2020 $4,006 $365,939 $112,596 $253,343
2019 $3,976 $358,765 $110,389 $248,376
2018 $3,926 $351,731 $108,225 $243,506
2017 $3,929 $344,835 $106,103 $238,732
2016 $3,932 $338,074 $104,023 $234,051
2015 $3,967 $332,997 $102,461 $230,536
2014 $3,701 $326,475 $100,454 $226,021
Source: Public Records

Agents Affiliated with this Home

  • Dale Handley

    Seller's Agent in 2013

    Dale Handley

    Town'N Country Realty

    (831) 595-0237

    3 in this area

    12 Total Sales

    Dale Handley
    Section Image

  • B

    Buyer's Agent in 2013

    Beverly Sims

    Cambridge Realty

  • Michael Singh

    Buyer's Agent in 2013

    Michael Singh

    Singh Real Estate

    (831) 261-1801

    12 in this area

    41 Total Sales

    Michael Singh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81311706

MLSListings

APN: 002-597-006-000

California Monterey County Salinas 93901 South Salinas

127 Orange Dr, Salinas, CA

Not Listed for Sale

MultiFamily

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