Bonafede Team
Responds Quickly
Compass
(669) 266-0177
260 Total Sales
1 in South Salinas
$670,000 Price
2 Cassidy St Salinas, CA 93901
South Salinas Neighborhood
5
Beds
4
Baths
2,348
Sq Ft
6,534
Sq Ft Lot
Highlights
- Deck
- Guest Parking
- Wall to Wall Carpet
- Neighborhood Views
About This Home
As of February 2013Fabulous investment opportunity in south Salinas. 4 unit complex (3) two bedroom units and (1) 1 bedroom unit, all with off street parking close to shopping, schools and many amenities. This is a rare find.
Last Agent to Sell the Property
Backus Properties License #01332230 Listed on: 12/26/2012
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Property Details
Home Type
- Multi-Family
Year Built
- 1910
Lot Details
- 6,534
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,348 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Oven or Range
Flooring
- Wall to Wall Carpet
- Laminate
Parking
- Guest Parking
- Off-Street Parking
Utilities
- Wall Furnace
- Sewer Within 50 Feet
Additional Features
- Energy-Efficient Insulation
- Deck
- Sprinkler System
Listing and Financial Details
- Total Actual Rent $42,585
- The owner pays for electric, garbage, services - gardener/landscaping
- Month-to-Month Lease Term
Community Details
Overview
- 4 Units
- 2,348 Sq Ft Building
Building Details
- Gardener Expense $2,400
- Maintenance Expense $3,249
- Manager Expense $3,447
- Other Expense $850
- Utility Expense $98
- Trash Expense $441
- Operating Expense $15,870
- Gross Income $40,456
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
Oct 16, 2018
Sold by
Babasa Egmidio F and Ouano Zennaea
Bought by
Purchase Details
Listed on
Dec 26, 2012
Closed on
Jan 11, 2013
Sold by
Farrasci Kenneth and The 2003 Kenneth E Ferrasci Se
Bought by
Babasa Egmidio F and Ouano Zennaea
Seller's Agent
Bill Backus
Backus Properties
Buyer's Agent
Bill Backus
Backus Properties
List Price
$440,000
Sold Price
$460,000
Premium/Discount to List
$20,000
4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$231,211
Interest Rate
3.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 17, 2003
Sold by
Ferrasci Kenneth
Bought by
Separa Ferrasci Kenneth and Separa 2003 Kenneth E Ferrasci
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salinas, CA
-
Bonafede Team
-
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
44 Total Sales
1 in South Salinas
$495,000 Price
-
Young Seon Myong
Young Seon Myong
Sotheby’s International Realty
(831) 574-2265
21 Total Sales
2 in South Salinas
$615K - $1.1M Price Range
-
Joe Gallagher
Joe Gallagher
Sotheby’s International Realty
(831) 250-1666
32 Total Sales
1 in South Salinas
$812,000 Price
-
Jeff Wickum
Jeff Wickum
Epique Realty
(831) 246-9727
29 Total Sales
2 in South Salinas
$670K - $880K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| Babasa Egmidio F | $460,000 | Chicago Title Company | |
| Separa Ferrasci Kenneth | -- | -- |
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 |
|---|---|---|---|
| Open | $345,000 | ||
| Previous Owner | Ferrasci Kenneth | $235,000 |
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 |
|---|---|---|---|---|
| 02/15/2013 02/15/13 | Sold | $460,000 | +4.5% | $196 / Sq Ft |
| 01/09/2013 01/09/13 | Pending | -- | -- | -- |
| 12/26/2012 12/26/12 | For Sale | $440,000 | -- | $187 / 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 | $7,131 | $577,775 | $125,600 | $452,175 |
| 2025 | $6,531 | $566,447 | $123,138 | $443,309 |
| 2024 | $6,531 | $555,341 | $120,724 | $434,617 |
| 2023 | $6,312 | $544,453 | $118,357 | $426,096 |
| 2022 | $6,077 | $533,779 | $116,037 | $417,742 |
| 2021 | $5,839 | $523,313 | $113,762 | $409,551 |
| 2020 | $5,678 | $517,948 | $112,596 | $405,352 |
| 2019 | $5,636 | $507,793 | $110,389 | $397,404 |
| 2018 | $5,566 | $497,837 | $108,225 | $389,612 |
| 2017 | $5,571 | $488,076 | $106,103 | $381,973 |
| 2016 | $5,575 | $478,507 | $104,023 | $374,484 |
| 2015 | $5,623 | $471,320 | $102,461 | $368,859 |
| 2014 | $5,245 | $462,088 | $100,454 | $361,634 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Backus
Seller's Agent in 2013
Bill Backus
Backus Properties
(831) 262-9730
26 in this area
80 Total Sales
Map
Source: MLSListings
MLS Number: ML81243705
APN: 002-161-009
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