NOT LISTED FOR SALE

1825 Palm Ave Soledad, CA 93960

Soledad Area

Estimated Value: $481,000 - $655,000

Studio
2 Baths
2,158 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2023

Last sale price $665,000 $308 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,479 / mo

112 Days on Market

About This Home

As of January 2023

Not one, but two 3 bedroom 1 and a half bath units in this rare multi unit property in Monterey County. Built in '90 this secluded duplex features attached 2 car attached garages with laundry hookups in garages, spacious bedrooms, backyards, large storage shed. This gem is privately tucked away on a large key lot...... great opportunity for investor or homeowner alike!

Last Agent to Sell the Property

Deanna Pond

Coast & Country Real Estate Group Inc License #01743835 Listed on: 09/13/2022

Last Buyer's Agent

Michael Salmiery

Millennium Flats, Inc. License #01509688

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 5,998

Parking

  • 4 Car Attached Garage
  • Unassigned Parking

Home Design

  • 2,158 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 5,998 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $42,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $840
  • Operating Expense $5,765
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

5,998 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2158
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Living Sq Ft: 2158

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Common Parking Area, Unassigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 17.36
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 840
  • Expenses Total: 5765
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric

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
Dec 18, 2017
Sold by
Escoto Severiana
Bought by
Current Estimated Value
$561,791

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 5, 2017
Sold by
Oin Investments Inc
Bought by
Vazquez Jose Gonzalez
Seller's Agent
Sigifredo Ponce
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Rossy Figueroa
Vanco Real Estate Executives
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
May 23, 2017
Closed on
Jun 5, 2017
Sold by
Escoto Severiana
Bought by
Oin Investments Inc
Seller's Agent
Abel Ramos, III
Unknown Broker
Buyer's Agent
Abel Ramos, III
Unknown Broker
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.86%
Original Mortgage
$154,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Escoto Angel and Escoto Severiana
Bought by
Escoto Severiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.25%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Santa Cruz Glass Co Inc
Bought by
Larios Efren and Larios Fabiola V
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Soledad, CA

  • Lawrence Hernandez Real Estate Agent - Cypress Coast Investments

    Lawrence Hernandez

    Cypress Coast Investments

    (831) 273-9672

    44 Total Sales

    1 in Soledad

    $575,000 Price

    Lawrence Hernandez
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  • Anna Abad Real Estate Agent - Steinbeck Real Estate, Inc.

    Anna Abad

    Responds Quickly

    Steinbeck Real Estate, Inc.

    (831) 273-4584

    44 Total Sales

    1 in Soledad

    $575,000 Price

    Anna Abad
     Section Image
  • Regina Shaw Real Estate Agent - Intero Real Estate Services

    Regina Shaw

    Intero Real Estate Services

    (831) 273-3582

    98 Total Sales

    6 in Soledad

    $625K - $780K Price Range

    Regina Shaw
     Section Image
  • Michelle Arensdorf Real Estate Agent - Park Place Realty

    Michelle Arensdorf

    Park Place Realty

    (831) 202-3334

    26 Total Sales

    1 in Soledad

    $358,000 Price

    Michelle Arensdorf
     Section Image
  • Monica Wason Real Estate Agent - M2 Realty Group

    Monica Wason

    M2 Realty Group

    (831) 275-1395

    32 Total Sales

    1 in Soledad

    $410,000 Price

    Monica Wason
     Section Image
  • Erica Perez Real Estate Agent - Coldwell Banker Realty

    Erica Perez

    Coldwell Banker Realty

    (831) 220-3677

    54 Total Sales

    2 in Soledad

    $569K - $615K Price Range

    Erica Perez
     Section Image
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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
-- Chicago Title Co
Vazquez Jose Gonzalez $319,000 Chicago Title Company
Oin Investments Inc $220,000 Chicago Title Company
Escoto Severiana -- Stewart Title
Larios Efren $264,000 First American Title Co
Larios Efren -- First American Title Co
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 $154,000
Previous Owner Escoto Severiana $331,000
Previous Owner Escoto Severiana $175,000
Previous Owner Escoto Angel $7,889
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 Prior Sale
01/24/2023 01/24/23 Sold $665,000 -8.8% $308 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
10/29/2022 10/29/22 Price Changed $729,000 -6.4% $338 / Sq Ft
09/13/2022 09/13/22 For Sale $779,000 +144.2% $361 / Sq Ft
09/18/2017 09/18/17 Sold $319,000 -0.3% $278 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
08/27/2017 08/27/17 Price Changed $319,900 +6.7% $279 / Sq Ft
08/26/2017 08/26/17 Price Changed $299,900 -6.0% $261 / Sq Ft
08/22/2017 08/22/17 For Sale $319,000 +45.1% $278 / Sq Ft
06/19/2017 06/19/17 Sold $219,900 0.0% $192 / Sq Ft View Prior Sale
05/23/2017 05/23/17 For Sale $219,900 -- $192 / 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 $4,723 $370,221 $145,070 $225,151
2025 $4,576 $362,963 $142,226 $220,737
2024 $4,576 $355,847 $139,438 $216,409
2023 $4,148 $348,870 $136,704 $212,166
2022 $4,207 $342,030 $134,024 $208,006
2021 $4,068 $335,325 $131,397 $203,928
2020 $4,004 $331,887 $130,050 $201,837
2019 $3,916 $325,380 $127,500 $197,880
2018 $3,973 $319,000 $125,000 $194,000
2017 $2,373 $192,497 $65,893 $126,604
2016 $2,268 $188,723 $64,601 $124,122
2015 $2,236 $185,889 $63,631 $122,258
2014 $2,227 $182,249 $62,385 $119,864
Source: Public Records

Agents Affiliated with this Home

  • Deanna Pond Real Estate Agent - Coast & Country Real Estate Group Inc

    Seller's Agent in 2023

    Deanna Pond

    Coast & Country Real Estate Group Inc

    (831) 915-8311

    52 Total Sales

    Deanna Pond
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  • Michael Salmiery Real Estate Agent - Millennium Flats, Inc.

    Buyer's Agent in 2023

    Michael Salmiery

    Millennium Flats, Inc.

    (408) 910-5169

    15 Total Sales

    Michael Salmiery
    Section Image
  • Sigifredo Ponce Real Estate Agent - Berkshire Hathaway HS Real Time Realty

    Seller's Agent in 2017

    Sigifredo Ponce

    Berkshire Hathaway HS Real Time Realty

    (831) 261-3758

    178 Total Sales

    Sigifredo Ponce
    Section Image

  • AR

    Seller's Agent in 2017

    Abel Ramos, III

    Unknown Broker

  • RF

    Buyer's Agent in 2017

    Rossy Figueroa

    Vanco Real Estate Executives

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Map

Source: MLSListings

MLS Number: ML81907214

MLSListings

APN: 022-172-015-000

California Monterey County Soledad 93960

1825 Palm Ave, Soledad, CA

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