Eric Wason
M2 Realty Group
(831) 243-4238
10 Total Sales
1 in South Salinas
$820,000 Price
155 Archer St Salinas, CA 93901
South Salinas Neighborhood
5
Beds
5
Baths
2,402
Sq Ft
6,499
Sq Ft Lot
Highlights
- Deck
- Tile Countertops
- Tile Flooring
- High Ceiling
- Laundry Room
- Forced Air Heating System
About This Home
As of November 2021Great South Salinas Multi Unit opportunity! Property consists of a three bedroom, three bath house and a duplex that has one bedroom and one bath each. All units are rented and property has a long term rental history. Located in a nice area that is close to many Salinas locations including Hartnell College. This property has been professionally managed for several years with excellent records. Great investment opportunity.
Last Agent to Sell the Property
Backus Properties License #01332230 Listed on: 08/16/2021
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Property Details
Home Type
- Multi-Family
Year Built
- 1910
Lot Details
- 6,499 Sq Ft Lot
- Fenced
- Back Yard
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,402 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
Kitchen
- Gas Oven
- Dishwasher
- Tile Countertops
- Laminate Countertops
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 2 Parking Spaces
- Varies By Unit
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Wall Furnace
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $58,980
- Month-to-Month Lease Term
Community Details
Overview
- 2,402 Sq Ft Building
Building Details
- 3 Leased Units
- Gardener Expense $3,780
- Insurance Expense $1,637
- Maintenance Expense $8,159
- Manager Expense $4,202
- Other Expense $890
- Utility Expense $1,565
- Trash Expense $1,219
- Operating Expense $25,759
- Gross Income $57,211
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
Closed on
Mar 2, 2023
Sold by
Bought by
Purchase Details
Listed on
Aug 16, 2021
Closed on
Nov 8, 2021
Sold by
Bought by
Seller's Agent
Bill Backus
Backus Properties
Buyer's Agent
Bill Backus
Backus Properties
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
3.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2007
Sold by
Bought by
Purchase Details
Closed on
Sep 17, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salinas, CA
-
Eric Wason
-
Clara Rivera Luna
Clara Rivera Luna
Ikonik Realty
(831) 230-7042
24 Total Sales
1 in South Salinas
$769,000 Price
-
Christian Haun
Christian Haun
Responds QuicklyeXp Realty of California Inc
(831) 264-0671
57 Total Sales
8 in South Salinas
$505K - $887K Price Range
-
Bonafede Team
Bonafede Team
Responds QuicklyCompass
(669) 266-0177
261 Total Sales
1 in South Salinas
$670,000 Price
-
Jorge Edeza
Jorge Edeza
Remax Property Experts
(831) 273-8618
106 Total Sales
14 in South Salinas
$460K - $860K Price Range
-
Lawrence Hernandez
Lawrence Hernandez
Cypress Coast Investments
(831) 273-9672
45 Total Sales
1 in South Salinas
$495,000 Price
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 |
|---|---|---|---|
| -- | -- | ||
| $870,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $519,000 |
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 |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $870,000 | -8.4% | $362 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 08/16/2021 08/16/21 | For Sale | $950,000 | -- | $396 / 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 | $11,567 | $941,714 | $405,912 | $535,802 |
| 2025 | $10,590 | $923,250 | $397,953 | $525,297 |
| 2024 | $10,590 | $905,148 | $390,150 | $514,998 |
| 2023 | $10,233 | $887,400 | $382,500 | $504,900 |
| 2022 | $9,849 | $870,000 | $375,000 | $495,000 |
| 2021 | $4,429 | $394,939 | $133,450 | $261,489 |
| 2020 | $4,307 | $390,890 | $132,082 | $258,808 |
| 2019 | $4,275 | $383,227 | $129,493 | $253,734 |
| 2018 | $4,217 | $375,713 | $126,954 | $248,759 |
| 2017 | $4,220 | $368,347 | $124,465 | $243,882 |
| 2016 | $4,224 | $361,125 | $122,025 | $239,100 |
| 2015 | $4,260 | $355,702 | $120,193 | $235,509 |
| 2014 | $3,977 | $348,735 | $117,839 | $230,896 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Backus
Seller's Agent in 2021
Bill Backus
Backus Properties
(831) 262-9730
26 in this area
80 Total Sales
Map
Source: MLSListings
MLS Number: ML81858577
APN: 002-161-002
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