NOT LISTED FOR SALE

137 Carr Ave Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $419,000 - $541,000

3 Beds
1 Bath
384 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $128,000 $333 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,681/month

41 Days on Market

About This Home

As of May 2012

INVESTORS,INVESTORS HURRY THIS ONE WILL NOT LAST 2 UNITS 2BD 1BA / 1BD 1BA BIG LOT ZONE R3 FRONT UNIT IS VACANT BACK UNIT OCCUPIED PLEASE CALL FOR APPOINTMENT.

Last Agent to Sell the Property

Mike Bitar

Executive Estates, Inc License #01898375 Listed on: 04/05/2012

Last Buyer's Agent

Omar Bitar

Executive Estates, Inc License #01883518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,885

Year Built

  • 1976

Lot Details

  • 8,494

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 384 Sq Ft Home
  • Carpet

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $2,200

Community Details

Overview

  • 2 Units
  • 384 Sq Ft Building

Building Details

  • Operating Expense $1,736
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,885

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 36
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 333.33
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 384
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Living Sq Ft: 384
  • Laundry: Laundry - No
  • Flooring: Carpet

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Uncovered Parking

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8506.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8506.00
  • Lot Size Area Min Search: 8506.00
  • Maximum Lot Size: 8506.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 63.59

Multi Family

  • Expenses Total: 1736
  • Income Annual Gross: 2200.00
  • Income Annual Rental: 2200
  • Income Gross Scheduled: 2200
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Miscellaneous/Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2015
Sold by
Jdv Del Mar Properties Llc
Bought by
Dinora Jeni and The Jeni Dinora Duran Vargas Trust
Current Estimated Value
$466,891

Purchase Details

Closed on
Nov 5, 2012
Sold by
Duran Jeni Dinora Vargas and Vargas Jeni Dinora Duran
Bought by
Jdv Del Mar Properties Llc

Purchase Details

Listed on
Apr 5, 2012
Closed on
May 21, 2012
Sold by
Bitar Mustafa
Bought by
Duran Jeni Dinora Vargas
Seller's Agent
Mike Bitar
Executive Estates, Inc
Buyer's Agent
Omar Bitar
Executive Estates, Inc
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%

Purchase Details

Listed on
Apr 5, 2012
Closed on
Apr 23, 2012
Sold by
Bitar Mustafa
Bought by
Bitar Mustafa and Flores Brothers Llc
Seller's Agent
Mike Bitar
Executive Estates, Inc
Buyer's Agent
Omar Bitar
Executive Estates, Inc
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%

Purchase Details

Closed on
Mar 19, 2012
Sold by
Leon Lidia
Bought by
Bitar Mustafa

Purchase Details

Closed on
Jul 18, 2011
Sold by
Bitar Ola
Bought by
Bitar Mustafa

Purchase Details

Closed on
Dec 18, 2006
Sold by
Leon Jose and Leon Lidia
Bought by
Leon Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Leon Jose
Bought by
Leon Jose and Leon Lidia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.89%

Purchase Details

Closed on
Nov 9, 2002
Sold by
Leon Jose and Leon Lidia F
Bought by
Leon Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.89%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Sanchez Roberto V and Sanchez Ethelvina V
Bought by
Leon Jose M and Leon Lidia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.87%

Purchase Details

Closed on
Jun 6, 1997
Sold by
Sanchez Roberto V and Sanchez Ethelvina V
Bought by
Leon Jose M and Leon Lidia F

Purchase Details

Closed on
May 7, 1994
Sold by
First Hebrew Congregation & Community
Bought by
Cooley Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,932
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Dinora Jeni -- None Available
Jdv Del Mar Properties Llc -- None Available
Duran Jeni Dinora Vargas $128,000 First American Title Company
Bitar Mustafa -- First American Title Company
Bitar Mustafa $121,050 None Available
Bitar Mustafa -- First American Title Company
Leon Lidia -- Old Republic Title Company
Leon Jose -- --
Leon Jose -- Chicago Title
Leon Jose M -- Chicago Title Co
Leon Jose M $20,500 --
Cooley Louise -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Lidia $342,300
Previous Owner Leon Jose $180,000
Previous Owner Leon Jose M $108,000
Previous Owner Leon Jose M $112,000
Previous Owner Cooley Louise $17,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $128,000 -8.5% $333 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $139,900 -- $364 / 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 $1,885 $160,764 $62,796 $97,968
2024 $1,885 $157,613 $61,565 $96,048
2023 $1,823 $154,523 $60,358 $94,165
2022 $1,754 $151,494 $59,175 $92,319
2021 $1,685 $148,524 $58,015 $90,509
2020 $1,639 $147,002 $57,421 $89,581
2019 $1,625 $144,121 $56,296 $87,825
2018 $1,603 $141,296 $55,193 $86,103
2017 $1,604 $138,526 $54,111 $84,415
2016 $1,605 $135,810 $53,050 $82,760
2015 $1,618 $133,771 $52,254 $81,517
2014 $1,512 $131,152 $51,231 $79,921
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mike Bitar

    Executive Estates, Inc

  • O

    Buyer's Agent in 2012

    Omar Bitar

    Executive Estates, Inc

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Map

Source: MLSListings

MLS Number: ML81212675

MLSListings

APN: 004-022-002-000

California Monterey County Salinas 93905 East Salinas

137 Carr Ave, Salinas, CA

This home is located at 137 Carr Ave, Salinas, CA 93905 since 05 April 2012 and is currently estimated at $466,891, approximately $1,215 per square foot. This property was built in 1976. 137 Carr Ave 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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