NOT LISTED FOR SALE
6 Beds
4 Baths
2,948 Sq Ft
8,032 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $910,000 $309 Per Sq Ft

7 Days on Market

Highlights

  • 6 Car Attached Garage
  • Tile Countertops
  • Tile Flooring

About This Home

As of July 2021

Triplex in North Salinas. Unit One is approximately 1,012 sq. ft. two-bedroom / one & half bathroom unit. This unit has a fireplace, a two-car garage, a laundry room, and an unfinished basement. Units Two & Three are approximately 968 sq. ft two-bedroom / one-bathroom units. These units each have a two-car garage. The garages have laundry equipment hookups. The kitchens have tile counters, electric stoves, and dishwashers. The bathrooms have tile shower surrounds. These are large apartments.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 06/02/2021

Last Buyer's Agent

Fernando Carrillo

Remax Property Experts License #01762241

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 8,032 Sq Ft Lot

Parking

  • 6 Car Attached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,948 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $51,000

Community Details

Overview

  • 2,948 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $500
  • Insurance Expense $1,052
  • Maintenance Expense $2,250
  • Manager Expense $2,474
  • Other Expense $100
  • Utility Expense $4,005
  • Trash Expense $1,445
  • Operating Expense $21,909
  • Gross Income $49,470

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

6

Listing Details

  • Zoning: Residential Medium Density
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2948
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 6
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1844
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8034.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8034.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.14
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1052
  • Expense Landscape: 500
  • Expense Maintenance: 2250
  • Expense Management: 2474
  • Expenses Other: 100
  • Expenses Total: 21909
  • Expenses Utility: 4005
  • Expense Trash: 1445
  • Income Annual Gross: 49470.00
  • Income Annual Rental: 51000
  • Income Gross Scheduled: 51000
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Vacancy Factor: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $910,000 -1.6% $309 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $925,000 -- $314 / 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 $11,343 $965,699 $530,604 $435,095
2024 $11,343 $946,764 $520,200 $426,564
2023 $10,450 $928,200 $510,000 $418,200
2022 $10,347 $910,000 $500,000 $410,000
2021 $4,878 $423,903 $149,149 $274,754
2020 $4,662 $419,557 $147,620 $271,937
2019 $4,518 $411,331 $144,726 $266,605
2018 $4,654 $403,267 $141,889 $261,378
2017 $4,703 $395,360 $139,107 $256,253
2016 $4,563 $387,609 $136,380 $251,229
2015 $4,525 $381,788 $134,332 $247,456
2014 $4,334 $374,310 $131,701 $242,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846910

MLSListings

APN: 253-133-007