NOT LISTED FOR SALE

13 N Pearl St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $568,000 - $747,000

2 Beds
2 Baths
1,134 Sq Ft
$549/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $435,000 $384 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,710/month

54 Days on Market

Highlights

  • 2 Car Detached Garage
  • Carpet
  • 4-minute walk to La Paz Park
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2020

Attention Investors or first time home buyers! Here is your opportunity to purchase an income property or live in one and rent the other. Both units are currently rented on month to month leases. Each unit features one bedroom and full bath with individual laundry rooms. Freshly painted inside and out.

Last Agent to Sell the Property

Sergio Ceja

Remax Property Experts License #01891543 Listed on: 08/07/2020

Remax Property Experts

Last Buyer's Agent

Fernando Carrillo

Remax Property Experts License #01762241

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,417

Year Built

  • 1939

Lot Details

  • 4,639 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $30,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $1,906
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,417

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 81
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1134
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Clay, Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1065
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4641.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4641.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.63
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expenses Total: 1906
  • Income Annual Gross: 30000.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 5, 2020
Sold by
Oregel Ramon Ruiz and Oregel Maria Cristina
Bought by
Leon Oscar and Leon Yesenia
Seller's Agent
Sergio Ceja
Remax Property Experts
Buyer's Agent
Fernando Carrillo
Remax Property Experts
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%
Current Estimated Value
$595,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,221
Avg. Annual Appreciation
6.85%
Original Mortgage
$427,121
Outstanding Balance
$381,807
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$214,508

Purchase Details

Closed on
Sep 14, 1998
Sold by
Moran Ella L and Pedrazzi Milton E
Bought by
Oregel Ramon Ruiz and Oregel Maria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,138
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1997
Sold by
Moran Ella L and Pedrazzi Milton E
Bought by
Moran Ella L and Pedrazzi Milton E
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
Leon Oscar $435,000 Chicago Title Company
Oregel Ramon Ruiz $120,000 Old Republic Title Company
Moran Ella L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Oscar $427,121
Previous Owner Oregel Ramon Ruiz $192,700
Previous Owner Oregel Ramon Ruiz $117,138
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $435,000 -0.9% $384 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $439,000 0.0% $387 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $439,000 -- $387 / 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 $5,417 $470,857 $281,432 $189,425
2024 $5,417 $461,625 $275,914 $185,711
2023 $5,235 $452,574 $270,504 $182,070
2022 $5,041 $443,700 $265,200 $178,500
2021 $4,843 $435,000 $260,000 $175,000
2020 $1,918 $171,998 $85,999 $85,999
2019 $1,906 $168,626 $84,313 $84,313
2018 $1,877 $165,320 $82,660 $82,660
2017 $1,879 $162,080 $81,040 $81,040
2016 $1,880 $158,902 $79,451 $79,451
2015 $1,896 $156,516 $78,258 $78,258
2014 $1,772 $153,452 $76,726 $76,726
Source: Public Records

Agents Affiliated with this Home

  • Sergio Ceja

    Seller's Agent in 2020

    Sergio Ceja

    RE/MAX

    (831) 801-9878

    32 in this area

    155 Total Sales

    Section Image
  • Fernando Carrillo

    Buyer's Agent in 2020

    Fernando Carrillo

    RE/MAX

    (831) 229-6705

    10 in this area

    61 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81805055

MLSListings

APN: 004-042-014-000

California Monterey County Salinas 93905 East Salinas

13 N Pearl St, Salinas, CA

This home is located at 13 N Pearl St, Salinas, CA 93905 since 07 August 2020 and is currently estimated at $623,029, approximately $549 per square foot. This property was built in 1939. 13 N Pearl St is a home located in Monterey County with nearby schools including Sherwood Elementary School, Los Padres Elementary School, and Washington Middle School.

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