NOT LISTED FOR SALE

204 Lang St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $691,000 - $740,000

3 Beds
2 Baths
855 Sq Ft
$834/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $710,000 $830 Per Sq Ft

Current estimated payment $4,545/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2023

Great investment property- Units well maintained. Corner lot. One car garage for each unit. One unit 2 Br 1 bath & second unit 1 Br 1 Bath. Fenced yard. 24 Hr. Notice for showings -Weekend best for tenants. Fenced yard. wonderful tenants- Would love to stay.

Last Agent to Sell the Property

Donna Ingraham

Century 21 A Property Shoppe License #00498014 Listed on: 04/04/2023

Century 21 A Property Shoppe

Last Buyer's Agent

Lucila Rubio

Century 21 A Property Shoppe License #01468321

Century 21 A Property Shoppe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,944

Year Built

  • 1900

Lot Details

  • 6,399 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Permanent Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Stove

Flooring

  • Carpet
  • Laminate
  • Tile

Listing and Financial Details

  • Total Actual Rent $39,000

Community Details

Overview

  • 855 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,440
  • Manager Expense $3,900
  • Operating Expense $5,340
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,944

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Zoning: residential
  • Subclass: Duplex
  • Age: 123
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 855
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Living Sq Ft: 855
  • Stories: 1
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Permanent
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Stove Heater
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1469
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6400.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 19.23
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 1440
  • Expense Management: 3900
  • Expenses Total: 5340
  • Income Annual Gross: 39000.00
  • Income Annual Rental: 39000
  • Income Gross Scheduled: 39000
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 23, 2023
Sold by
Lynn Family Trust
Bought by
Puga Guliana R and Herrera Hugo Guzman
Seller's Agent
Donna Ingraham
Century 21 A Property Shoppe
Buyer's Agent
Lucila Rubio
Century 21 A Property Shoppe
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Views
15
Current Estimated Value
$713,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,180
Avg. Annual Appreciation
1.01%
Original Mortgage
$697,140
Outstanding Balance
$679,591
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$47,136

Purchase Details

Closed on
Aug 29, 2022
Sold by
Lynn Family Trust
Bought by
Lynn Family Trust

Purchase Details

Closed on
Mar 26, 2021
Sold by
Stephens Connie and The Lynn Family Trust
Bought by
Stephens Connie and The Lynn Family Trust

Purchase Details

Closed on
Aug 31, 1993
Sold by
Lynn Farrell L and Farrell Betty L
Bought by
Lynn Farrell L and Lynn Betty L
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Puga Guliana R $710,000 Chicago Title
Lynn Family Trust -- --
Stephens Connie -- None Available
Lynn Farrell L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puga Guliana R $697,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $710,000 -5.3% $830 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $750,000 -- $877 / 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 $8,944 $738,684 $390,150 $348,534
2024 $8,944 $724,200 $382,500 $341,700
2023 $560 $710,000 $375,000 $335,000
2022 $534 $42,466 $18,525 $23,941
2021 $515 $41,634 $18,162 $23,472
2020 $501 $41,208 $17,976 $23,232
2019 $495 $40,401 $17,624 $22,777
2018 $484 $39,610 $17,279 $22,331
2017 $485 $38,835 $16,941 $21,894
2016 $485 $38,074 $16,609 $21,465
2015 $488 $37,503 $16,360 $21,143
2014 $460 $36,769 $16,040 $20,729
Source: Public Records

Agents Affiliated with this Home

  • Donna Ingraham

    Seller's Agent in 2023

    Donna Ingraham

    Century 21 A Property Shoppe

    (831) 320-2879

    11 in this area

    104 Total Sales

    Donna Ingraham
    Section Image
  • Lucila Rubio

    Buyer's Agent in 2023

    Lucila Rubio

    Century 21 A Property Shoppe

    (831) 682-0993

    6 in this area

    44 Total Sales

    Lucila Rubio
    Section Image
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Map

Source: MLSListings

MLS Number: ML81923603

MLSListings

APN: 002-411-026-000

California Monterey County Salinas 93901 South Salinas

204 Lang St, Salinas, CA

This home is located at 204 Lang St, Salinas, CA 93901 since 04 April 2023 and is currently estimated at $713,180, approximately $834 per square foot. This property was built in 1900. 204 Lang St is a home located in Monterey County with nearby schools including Mission Park Elementary School, Lincoln Elementary School, and University Park Elementary School.

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