NOT LISTED FOR SALE

14 Orange Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $677,000 - $750,000

3 Beds
2 Baths
1,343 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $485,000 $361 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,412/month

108 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Back Yard
  • Spanish Architecture
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of November 2017

So Versatile! Take Your Pick What Works For You? Originally 3 bed 2 bath 1343 sf home on a 6600 sf lot. Currently a 2 bed 1 bath and LEGAL granny unit 1 bedroom 1 bath. This home emanates character, gorgeous hard wood floors, built in shelves and niches, There is an extra long driveway, a detached 2 car garage and a HUGE basement. This property has ample storage and plenty of parking! You've got options! Use as an investment and rent both units, live in one and rent the other, move in with extended family or easily return to a single family 3 bedroom 2 bath home. In this ever changing economy how great is is to have options! Home has been well maintained Current tenants who are wonderful, are on month to month leases.

Last Agent to Sell the Property

Samantha Storelli

Intero Real Estate Services License #01339138 Listed on: 07/14/2017

Intero Real Estate Services

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #01974535

KW Coastal Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,317

Year Built

  • 1930

Lot Details

  • 6,599 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $30,600

Community Details

Overview

  • 1,343 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,140
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Manager Expense $2,144
  • Utility Expense $270
  • Operating Expense $7,957
  • Gross Income $29,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,317

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Zoning: res
  • Subclass: Duplex
  • Style: Spanish
  • Age: 87
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1343
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 1343
  • Stories: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Yard/Grounds: Back Yard, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.98
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1140
  • Expense Maintenance: 500
  • Expense Management: 2144
  • Expenses Total: 7957
  • Expenses Utility: 270
  • Income Annual Gross: 29070.00
  • Income Annual Rental: 30600
  • Income Gross Scheduled: 30600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Services - Sewer
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Nov 27, 2017
Sold by
Revels Nigg Cynthia
Bought by
Nigg Karl K
Seller's Agent
Samantha Storelli
Intero Real Estate Services
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%
Current Estimated Value
$718,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,715
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Jul 14, 2017
Closed on
Nov 22, 2017
Sold by
Varea Sonya L and Hammond George W
Bought by
Nigg Karl K
Seller's Agent
Samantha Storelli
Intero Real Estate Services
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Varea Sonya L and Hammond George W
Bought by
Varea Sonya L and Hammond George W
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
Nigg Karl K -- Old Republic Title Company
Nigg Karl K $485,000 Old Republic Title Company
Varea Sonya L -- --
Hammond George W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $485,000 -0.8% $361 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/28/2017 10/28/17 For Sale $489,000 0.0% $364 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/08/2017 08/08/17 Price Changed $489,000 -2.0% $364 / Sq Ft
07/14/2017 07/14/17 For Sale $499,000 -- $372 / 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 $6,317 $551,844 $312,902 $238,942
2024 $6,317 $541,024 $306,767 $234,257
2023 $6,104 $530,416 $300,752 $229,664
2022 $5,876 $520,016 $294,855 $225,161
2021 $5,645 $509,821 $289,074 $220,747
2020 $5,489 $504,594 $286,110 $218,484
2019 $5,451 $494,700 $280,500 $214,200
2018 $5,383 $485,000 $275,000 $210,000
2017 $2,701 $236,775 $68,625 $168,150
2016 $2,703 $232,133 $67,280 $164,853
2015 $2,726 $228,647 $66,270 $162,377
2014 $2,544 $224,169 $64,972 $159,197
Source: Public Records

Agents Affiliated with this Home

  • Samantha Storelli

    Seller's Agent in 2017

    Samantha Storelli

    Intero Real Estate Services

    (831) 236-6789

    10 in this area

    39 Total Sales

    Samantha Storelli
    Section Image

  • P

    Buyer's Agent in 2017

    Pete Ruiz

    KW Coastal Estates

    Section Image

  • B

    Buyer Co-Listing Agent in 2017

    Brad Griffin

    KW Coastal Estates

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81670005

MLSListings

APN: 002-911-007-000

California Monterey County Salinas 93901 South Salinas

14 Orange Dr, Salinas, CA

This home is located at 14 Orange Dr, Salinas, CA 93901 since 14 July 2017 and is currently estimated at $718,715, approximately $535 per square foot. This property was built in 1930. 14 Orange Dr is a home located in Monterey County with nearby schools including Monterey Park Elementary School, Lincoln Elementary School, and Mission Park Elementary School.

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