NOT LISTED FOR SALE

146 Rodeo Ave Salinas, CA 93906

Northridge Neighborhood

Estimated Value: $548,000 - $1,138,000

2 Beds
2 Baths
1,424 Sq Ft
$546/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $338,000 $237 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,434/month

115 Days on Market

About This Home

As of January 2018

North Salinas Duplex. Each unit 1 bed 1 bath. Wall furnaces, carpet & vinyl flooring, shower over tubs & electric stoves.

Last Agent to Sell the Property

Sharon Shaw-Flores

Realty World-Premier Associates License #01366751 Listed on: 08/10/2017

Realty World-Premier Associates

Last Buyer's Agent

Hap Albers

Albers Real Estate Investment Company License #01006595

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 6,181

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Parking

  • Varies By Unit
  • Off-Street Parking

Additional Features

  • 6,181 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $21,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Utility Expense $1,200
  • Operating Expense $4,250
  • Gross Income $19,440

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1424
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Cooktop - Electric, Oven - Electric
  • Living Sq Ft: 1424
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Varies By Unit

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1419
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6180.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6180.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.30
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 4250
  • Expenses Utility: 1200
  • Income Annual Gross: 19440.00
  • Income Annual Rental: 21600
  • Income Gross Scheduled: 21600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2018
Sold by
Whitelaw Ryan J and Whitelaw Claire E
Bought by
Whitelaw Ryan J and Whitelaw Claire E
Current Estimated Value
$777,169

Purchase Details

Closed on
Jul 18, 2018
Sold by
Holden Shain
Bought by
Holden Shain and The Holden Living Trust

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jan 24, 2018
Sold by
Holden Kristen Lynn
Bought by
Holden Shain
Seller's Agent
Sharon Shaw-Flores
Realty World-Premier Associates
Buyer's Agent
Hap Albers
Albers Real Estate Investment Company
List Price
$460,000
Sold Price
$338,000
Premium/Discount to List
-$122,000
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$253,650
Outstanding Balance
$214,494
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$562,675

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jan 18, 2018
Sold by
Bauman Lisa B
Bought by
Holden Shaln
Seller's Agent
Sharon Shaw-Flores
Realty World-Premier Associates
Buyer's Agent
Hap Albers
Albers Real Estate Investment Company
List Price
$460,000
Sold Price
$338,000
Premium/Discount to List
-$122,000
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Outstanding Balance
$214,494
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$562,675
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whitelaw Ryan J -- None Available
Holden Shain -- None Available
Holden Shain -- Old Republic Title Co
Holden Shaln $338,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Shain $253,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $338,000 -26.5% $237 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $460,000 -- $323 / 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 $4,436 $384,581 $227,563 $157,018
2024 $4,436 $377,041 $223,101 $153,940
2023 $4,287 $369,649 $218,727 $150,922
2022 $4,128 $362,402 $214,439 $147,963
2021 $3,966 $355,297 $210,235 $145,062
2020 $3,856 $351,655 $208,080 $143,575
2019 $3,829 $344,760 $204,000 $140,760
2018 $4,439 $397,800 $255,000 $142,800
2017 $2,043 $176,714 $51,466 $125,248
2016 $2,044 $173,250 $50,457 $122,793
2015 $2,061 $170,649 $49,700 $120,949
2014 $1,925 $167,307 $48,727 $118,580
Source: Public Records

Agents Affiliated with this Home

  • Sharon Shaw-Flores

    Seller's Agent in 2018

    Sharon Shaw-Flores

    Realty World-Premier Associates

    (831) 206-3071

    1 in this area

    29 Total Sales

    Sharon Shaw-Flores
    Section Image
  • Hap Albers

    Buyer's Agent in 2018

    Hap Albers

    Albers Real Estate Investment Company

    (408) 893-6002

    6 in this area

    59 Total Sales

    Hap Albers
    Section Image
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Map

Source: MLSListings

MLS Number: ML81673482

MLSListings

APN: 003-381-024-000

California Monterey County Salinas 93906 Northridge

146 Rodeo Ave, Salinas, CA

Not Listed for Sale

MultiFamily

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