M
Seller's Agent in 2021
Michelle Russell
Shankle Real Estate
18 Connely Ct Salinas, CA 93905
East Salinas NeighborhoodEstimated Value: $641,709 - $692,000
3
Beds
2
Baths
1,800
Sq Ft
$370/Sq Ft
Est. Value
About This Home
As of August 2021Are you looking for an investment? Or maybe you are looking for a new home and some monthly income as well? Don't miss out on this Salinas duplex. It is a perfect investment property or primary residence. Multi generational family? Live in one put your family member in the second unit. The possibilities are endless.Each unit has its own private back yard. There are endless possibilities with this property and it is just waiting for its new owners to make it their own.
Last Agent to Sell the Property
Michelle Russell
Shankle Real Estate License #70010200 Listed on: 07/23/2021
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,012
Year Built
- 1947
Lot Details
- 6,399
Parking
- 1 Car Garage
- Uncovered Parking
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Crawl Space
- Gas Oven
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Additional Features
- 6,399 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $48,000
Community Details
Overview
- 1,800 Sq Ft Building
Building Details
- Gardener Expense $1,200
- Insurance Expense $1,200
- Maintenance Expense $2,000
- Manager Expense $5,000
- Utility Expense $260
- Operating Expense $16,847
- Gross Income $47,520
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Aug 17, 2021
Sold by
Romero Daniel J and 1997 Romero Revocable Trust
Bought by
Lopez Rosa Dilla
Seller's Agent
Michelle Russell
Shankle Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,855
Avg. Annual Appreciation
5.40%
Original Mortgage
$378,000
Outstanding Balance
$345,448
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$320,200
Purchase Details
Closed on
Jan 12, 2021
Sold by
Romero Kathryn M
Bought by
1997 Romero Revocable Trust and Romero
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Rosa Dilla | $540,000 | Old Republic Title Company | |
| 1997 Romero Revocable Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Rosa Dilla | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2021 08/25/21 | Sold | $540,000 | -6.1% | $300 / Sq Ft |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 07/23/2021 07/23/21 | For Sale | $575,000 | -- | $319 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $9,012 | $573,052 | $307,750 | $265,302 |
| 2024 | $9,012 | $561,816 | $301,716 | $260,100 |
| 2023 | $8,576 | $550,800 | $295,800 | $255,000 |
| 2022 | $6,643 | $540,000 | $290,000 | $250,000 |
| 2021 | $837 | $540,000 | $290,000 | $250,000 |
| 2020 | $828 | $61,394 | $13,437 | $47,957 |
| 2019 | $850 | $60,191 | $13,174 | $47,017 |
| 2018 | $799 | $59,012 | $12,916 | $46,096 |
| 2017 | $827 | $57,856 | $12,663 | $45,193 |
| 2016 | $787 | $56,722 | $12,415 | $44,307 |
| 2015 | $780 | $55,871 | $12,229 | $43,642 |
| 2014 | $754 | $54,778 | $11,990 | $42,788 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2021
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81855167
APN: 004-112-001-000
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