NOT LISTED FOR SALE

2274 Alisal Rd Salinas, CA 93908

Estimated Value: $5,387,000

10.24 Acres
$526,074 Price per Acre
446,054 Sq Ft Lot

Sale Details

Date Sold: May 29, 2013

Last sale price $700,000

Est. 670% increase in value since last sale

Current estimated payment $34,884 / mo

236 Days on Market

About This Lot

As of May 2013

Established and successful cut flower business with four large efficient greenhouses with approx. 44,000 square feet with automatic drip system. New agricultural well, 100'x50' packing shed with 20'x20' office space, refrigerators, two septic tanks on 10+ acres. Double wide 3BR mobile home, much equipment, tools, inventory, machines (tractor, disc, spray machine, golf carts, etc.) also included.

Last Agent to Sell the Property

Warren Watkins

Watkins Real Estate License #01269145 Listed on: 06/07/2012

Last Buyer's Agent

Eddie Munoz

Bailey Properties License #01201465

Bailey Properties

Property Details

Property Type

  • Land

Utilities

  • Gas Available at Street
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

Property Details

Property Type

Land

Listing Details

  • Zoning: F40
  • Subclass: Commercial Agricultural Land
  • Inspections Reports: Flood Zone, Fault Zone, Geological/Flood
  • Listing Class: Commercial Lots & Land
  • Present Use: Greenhouse
  • Development Status: Public Report Available
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer Not Available, Existing Septic

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 435600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 435600.00
  • Lot Size Area Min Search: 435600.00
  • Maximum Lot Size: 435600.00
  • Parcel Access: County Maintained Road, Private Road - Share Access

Rental Info

  • Lease Amount: 750000

Multi Family

  • Utilities: Gas - Available At Street, On Pole
  • Number Of Buildings: 6

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Harden Mike and Peterson Stuart
Bought by
Cea Development Llc
Current Estimated Value
$5,387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,917,000
Outstanding Balance
$12,654,863
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$7,267,863

Purchase Details

Closed on
Feb 2, 2021
Sold by
Cea Development Llc
Bought by
Harden Mike and Peterson Stuart

Purchase Details

Closed on
Apr 14, 2017
Sold by
Perez Juan Pablo
Bought by
Cea Development Llc

Purchase Details

Listed on
Jun 7, 2012
Closed on
May 23, 2013
Sold by
Minami Yasuji and Minami Atsuko
Bought by
Perez Juan Pablo
Seller's Agent
Warren Watkins
Watkins Real Estate
Buyer's Agent
Eddie Munoz
Bailey Properties
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.11%
Original Mortgage
$450,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2010
Sold by
Minami Yasuji and Minami Atsuko
Bought by
Minami Yasuji and Minami Atsuko

Purchase Details

Closed on
Jun 24, 2009
Sold by
Minami Yasuji and Minami Atsuko
Bought by
Minami Yasuji and Minami Atsuko

Purchase Details

Closed on
Apr 16, 2002
Sold by
Minami Yasuji and Minami Atsuko
Bought by
Minami Yasuji and Minami Atsuko
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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Purchase History

Date Buyer Sale Price Title Company
Cea Development Llc $5,400,000 Orange Coast Ttl Co Of Nocal
Harden Mike $5,412,160 Accommodation
Cea Development Llc $5,100,000 Old Republic Title Company
Perez Juan Pablo $700,000 Chicago Title Company
Minami Yasuji -- None Available
Minami Yasuji -- None Available
Minami Yasuji -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cea Development Llc $13,917,000
Previous Owner Perez Juan Pablo $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $700,000 -6.7% --
01/29/2013 01/29/13 Pending -- -- --
06/07/2012 06/07/12 For Sale $750,000 -- --
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 $78,241 $5,918,981 $4,735,187 $1,183,794
2024 $78,241 $5,802,924 $4,642,341 $1,160,583
2023 $76,806 $5,689,142 $4,551,315 $1,137,827
2022 $69,165 $5,577,591 $4,462,074 $1,115,517
2021 $69,174 $5,468,228 $4,374,583 $1,093,645
2020 $68,418 $5,412,160 $4,329,728 $1,082,432
2019 $70,591 $5,306,040 $4,244,832 $1,061,208
2018 $66,593 $5,202,000 $4,161,600 $1,040,400
2017 $10,963 $742,725 $380,276 $362,449
2016 $10,421 $728,163 $372,820 $355,343
2015 $10,318 $717,226 $367,220 $350,006
2014 $9,978 $703,177 $360,027 $343,150
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Warren Watkins

    Watkins Real Estate

  • E

    Buyer's Agent in 2013

    Eddie Munoz

    Bailey Properties

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Map

Source: MLSListings

MLS Number: ML81221642

MLSListings

APN: 153-011-057-000

California Monterey County Salinas 93908

2274 Alisal Rd, Salinas, CA

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