C
Seller's Agent in 2022
Cheryl Sharp
Pasadera Realty Group, Corp.
1272 San Blanco Dr Salinas, CA 93901
South Salinas NeighborhoodEstimated Value: $795,000 - $934,000
4
Beds
4
Baths
1,983
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Tile Countertops
- Forced Air Heating System
- 2 Car Attached Garage
- Tile Flooring
About This Home
As of October 2022Rare opportunity to purchase a great investment Property in South Salinas. A Duplex where you can live in one and rent the other to subsidize your mortgage payment? The duplex sets on the corner of San Blanco Dr. and Los Olivos Dr. with private entrances and separate single-car garages. The Buyer is to participate in a 1031 tax differed exchange at no cost to the Buyer. Contact me regarding the current rent situation. There is a quick upswing to market rents at COE. The water heater has been replace in San Blonco side unit.
Last Agent to Sell the Property
Cheryl Sharp
Pasadera Realty Group, Corp. License #00828416 Listed on: 06/27/2022
Last Buyer's Agent
Michael Davi
Davi Properties Group License #02038325
Property Details
Home Type
- Multi-Family
Year Built
- 1970
Lot Details
- 8,080
Parking
- 2 Car Attached Garage
- Off-Site Parking
Home Design
- Duplex
- Traditional Architecture
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,983 Sq Ft Home
- Crawl Space
Kitchen
- Electric Oven
- Dishwasher
- Tile Countertops
Flooring
- Tile
- Vinyl
Additional Features
- 8,080 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $34,400
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $1,600
- Insurance Expense $1,680
- Other Expense $1,300
- Trash Expense $900
- Operating Expense $11,570
- Gross Income $34,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Oct 5, 2022
Sold by
Willis William Gregg
Bought by
Hertlein Carl J and Hertlein Kelly C
Seller's Agent
Cheryl Sharp
Pasadera Realty Group, Corp.
Buyer's Agent
Michael Davi
Davi Properties Group
List Price
$893,000
Sold Price
$810,000
Premium/Discount to List
-$83,000
-9.29%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,622
Avg. Annual Appreciation
2.18%
Original Mortgage
$648,000
Outstanding Balance
$622,867
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$249,756
Purchase Details
Closed on
Aug 24, 2000
Sold by
Willis Tracy and Tracy Willis Living Trust
Bought by
Willis William Gregg and The Tracy Willis Educational T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hertlein Carl J | $810,000 | First American Title | |
| Willis William Gregg | -- | First American Title | |
| Willis William Gregg | -- | First American Title | |
| Willis William Gregg | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hertlein Carl J | $648,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $810,000 | -6.1% | $408 / Sq Ft |
| 09/05/2022 09/05/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | Price Changed | $863,000 | -1.6% | $435 / Sq Ft |
| 08/10/2022 08/10/22 | Price Changed | $877,000 | -1.8% | $442 / Sq Ft |
| 06/27/2022 06/27/22 | For Sale | $893,000 | -- | $450 / 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 | $9,328 | $842,724 | $416,160 | $426,564 |
| 2024 | $9,328 | $826,200 | $408,000 | $418,200 |
| 2023 | $8,994 | $810,000 | $400,000 | $410,000 |
| 2022 | $6,368 | $810,000 | $400,000 | $410,000 |
| 2021 | $6,090 | $546,600 | $225,191 | $321,409 |
| 2020 | $5,948 | $540,996 | $222,882 | $318,114 |
| 2019 | $5,914 | $530,389 | $218,512 | $311,877 |
| 2018 | $5,834 | $519,990 | $214,228 | $305,762 |
| 2017 | $5,966 | $509,795 | $210,028 | $299,767 |
| 2016 | $4,670 | $405,000 | $150,000 | $255,000 |
| 2015 | $4,352 | $370,000 | $150,000 | $220,000 |
| 2014 | $4,102 | $360,000 | $100,000 | $260,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2022
Michael Davi
Davi Properties Group
Map
Source: MLSListings
MLS Number: ML81898109
APN: 207-161-011-000
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