NOT LISTED FOR SALE
6 Beds
5 Baths
3,366 Sq Ft
7,606 Sq Ft Lot

Sale Details

Date Sold: January 8, 2024

Last sale price $935,000 $278 Per Sq Ft

6 Days on Market

About This Home

As of January 2024

North Salinas Triplex - 3 units with 2BR/1.5BA each. Upstairs bedrooms. Carpet & vinyl flooring. Two units have attached two car garages with laundry hookups. Other unit has two single car garages with laundry hookup. Easy access to Highway 101. Mostly long term tenants. Rents have been kept lower than market rates at the owner's request. Property addresses are 12920, 12922, 12924 Barkley Drive.

Last Agent to Sell the Property

Jon Moore

Gloria Moore, Realtors License #00971842 Listed on: 11/15/2023

Last Buyer's Agent

Angela Savage

Steinbeck Real Estate, Inc. License #01934055

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 7,606

Parking

  • 6 Car Attached Garage

Home Design

  • 3,366 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 7,606 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $47,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $840
  • Insurance Expense $3,279
  • Maintenance Expense $969
  • Manager Expense $3,145
  • Utility Expense $1,564
  • Operating Expense $15,219
  • Gross Income $47,200

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

7,606 Sq Ft Lot

Parking

6

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3366
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Living Sq Ft: 3366

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1746
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7606.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7606.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 19.60
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3279
  • Expense Landscape: 840
  • Expense Maintenance: 969
  • Expense Management: 3145
  • Expenses Total: 15219
  • Expenses Utility: 1564
  • Income Annual Gross: 47200.00
  • Income Annual Rental: 47200
  • Income Gross Scheduled: 47200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 14, 2023
Sold by
Bought by
Seller's Agent
Jon Moore
Gloria Moore, Realtors
Buyer's Agent
Angela Savage
Steinbeck Real Estate, Inc.
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Outstanding Balance
$639,633
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$935,000 Chicago Title
-- None Available
-- None Available
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $654,500
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $935,000 +1.1% $278 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $925,000 -- $275 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,654 $972,774 $520,200 $452,574
2025 $11,654 $953,700 $510,000 $443,700
2024 $5,883 $935,000 $500,000 $435,000
2023 $5,422 $477,427 $114,932 $362,495
2022 $5,365 $468,067 $112,679 $355,388
2021 $5,274 $458,890 $110,470 $348,420
2020 $5,040 $454,186 $109,338 $344,848
2019 $4,891 $445,282 $107,195 $338,087
2018 $5,032 $436,552 $105,094 $331,458
2017 $5,085 $427,993 $103,034 $324,959
2016 $4,934 $419,602 $101,014 $318,588
2015 $4,892 $413,300 $99,497 $313,803
2014 $4,686 $405,205 $97,548 $307,657
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81946785

MLSListings

APN: 253-133-017

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