NOT LISTED FOR SALE

18880 Eisenhower St Salinas, CA 93906

Bolsa Knolls Neighborhood

Estimated Value: $883,000 - $1,057,000

4 Beds
4 Baths
2,240 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $610,000 $272 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,513/month

8 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2018

Spacious Duplex on a large lot. each unit has a 2 car attached garage. Spacious kitchen, Living Room and Bedrooms. Live in one side while collecting rent on the other. This property is a great investment opportunity and should not be missed!!

Last Agent to Sell the Property

Vic Borelli

Victoria Properties License #01070031 Listed on: 06/16/2018

Last Buyer's Agent

Joseph Hernandez

Steinbeck Realty, Inc. License #00578934

Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 7,279 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $7,875
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

7,279 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2240
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Living Sq Ft: 2240
  • Stories: 2
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1671
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7279.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7279.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.68
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expenses Total: 7875
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
French Robert
Bought by
Onitsuka Fumiko and The 1993 Onitsuka Trust
Current Estimated Value
$940,983

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 19, 2018
Sold by
French Robert
Bought by
Onitsuka Fumiko and The 1993 Onitsuka Trust
Seller's Agent
Vic Borelli
Victoria Properties
Buyer's Agent
Joseph Hernandez
Steinbeck Realty, Inc.
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jan 3, 2017
Sold by
Finch Sandra K and Trust B Of The Hanley Family T
Bought by
French Robert
Seller's Agent
Donna Ingraham
Century 21 A Property Shoppe
Buyer's Agent
Vic Borelli
Vic Borelli, Broker
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$515,490
Interest Rate
3.87%
Mortgage Type
FHA
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
Onitsuka Fumiko -- Old Republic Title Co
Onitsuka Fumiko $610,000 Old Republic Title Co
French Robert $525,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Onitsuka Fumiko $350,000
Previous Owner French Robert $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2018 07/25/18 Sold $610,000 +1.8% $272 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $599,000 +14.1% $267 / Sq Ft
02/10/2017 02/10/17 Sold $525,000 0.0% $234 / Sq Ft View Prior Sale
12/17/2016 12/17/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $525,000 -- $234 / Sq Ft
Source: MLSListings

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 $7,996 $680,461 $278,876 $401,585
2024 $7,996 $667,119 $273,408 $393,711
2023 $7,366 $654,040 $268,048 $385,992
2022 $7,294 $641,217 $262,793 $378,424
2021 $7,169 $628,645 $257,641 $371,004
2020 $6,849 $622,200 $255,000 $367,200
2019 $6,646 $610,000 $250,000 $360,000
2018 $6,501 $535,500 $255,000 $280,500
2017 $4,017 $338,390 $119,111 $219,279
2016 $3,897 $331,756 $116,776 $214,980
2015 $2,965 $249,706 $72,448 $177,258
2014 $2,841 $244,815 $71,029 $173,786
Source: Public Records

Agents Affiliated with this Home

  • Vic Borelli

    Seller's Agent in 2018

    Vic Borelli

    Victoria Properties

    (408) 781-7087

    13 Total Sales

    Vic Borelli
    Section Image

  • J

    Buyer's Agent in 2018

    Joseph Hernandez

    Steinbeck Realty, Inc.

    (831) 757-9999

    1 Total Sale

    Joseph Hernandez
    Section Image
  • Donna Ingraham

    Seller's Agent in 2017

    Donna Ingraham

    Century 21 A Property Shoppe

    (831) 320-2879

    12 in this area

    99 Total Sales

    Donna Ingraham
    Section Image
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Map

Source: MLSListings

MLS Number: ML81710621

MLSListings

APN: 253-131-016-000

California Monterey County Salinas 93906 Bolsa Knolls

18880 Eisenhower St, Salinas, CA

Not Listed for Sale

MultiFamily

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