NOT LISTED FOR SALE

229 E Romie Ln Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $903,000 - $1,016,000

5 Beds
2 Baths
1,989 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $880,000 $442 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,806/month

6 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Shed
  • Skylights
  • Tile Countertops
  • Ceiling Fan

About This Home

As of November 2021

Location! Location! Live in one and rent the other. This detached 2-unit duplex comes with separate utilities. Unit 229E Romie Ln built 1952 features 2Bd/1Ba with spacious master bedroom and living room w/fireplace. The retro kitchen has gas stove, refrigerator and tile counters, also has dining area and storage/utility room with washer and dryer and backyard shed. Unit 231E Romie built 1992 features 3 bedrooms, 1-updated bathroom with skylight, updated floors, new interior paint, cooktop w/ breakfast counter, garden window, dishwasher, and refrigerator. The massive living room has new carpet, dual pane windows, and new window blinds. This unit also has attached 2-car garage, patio /BBQ area.

Last Agent to Sell the Property

Regina Shaw

Intero Real Estate Services License #01428652 Listed on: 09/13/2021

Intero Real Estate Services

Last Buyer's Agent

Colleen Yaklich

Compass License #01001845

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 7,000 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,989 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Community Details

Overview

  • 1,989 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,093
  • Operating Expense $3,413

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1989
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 41.38
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1093
  • Expenses Total: 3413
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 12, 2021
Sold by
Chavez Robert Keith
Bought by
Luna Daniel E and Luna Quincy L
Seller's Agent
Regina Shaw
Intero Real Estate Services
Buyer's Agent
Colleen Yaklich
Compass
List Price
$869,000
Sold Price
$880,000
Premium/Discount to List
$11,000
1.27%
Current Estimated Value
$939,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,234
Avg. Annual Appreciation
1.59%
Original Mortgage
$691,200
Outstanding Balance
$633,541
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$305,693

Purchase Details

Closed on
Mar 2, 2020
Sold by
Larosn Kimberly S
Bought by
Chavez Robert Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Chavez Carolyn J
Bought by
Chavez Robert Keith

Purchase Details

Closed on
May 7, 2013
Sold by
Chavez Carolyn Jean
Bought by
Chavez Carolyn J

Purchase Details

Closed on
Mar 15, 1995
Sold by
Laforce Audrey and Chavez Robert K
Bought by
Chavez Robert K and Chavez Carolyn Jean
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
Luna Daniel E $890,000 First American Title Company
Chavez Robert Keith -- Solidifi Title Company Of Ca
Chavez Robert Keith -- None Available
Chavez Carolyn J -- None Available
Chavez Carolyn J -- None Available
Chavez Robert K -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Daniel E $691,200
Previous Owner Chavez Robert Keith $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $880,000 +1.3% $442 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $869,000 -- $437 / 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 $10,788 $944,474 $424,483 $519,991
2024 $10,788 $925,956 $416,160 $509,796
2023 $10,425 $907,800 $408,000 $499,800
2022 $10,039 $890,000 $400,000 $490,000
2021 $2,385 $212,067 $68,046 $144,021
2020 $2,320 $209,894 $67,349 $142,545
2019 $2,302 $205,779 $66,029 $139,750
2018 $2,272 $201,745 $64,735 $137,010
2017 $2,274 $197,790 $63,466 $134,324
2016 $2,276 $193,913 $62,222 $131,691
2015 $2,296 $191,001 $61,288 $129,713
2014 $2,144 $187,261 $60,088 $127,173
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Regina Shaw

    Intero Real Estate Services

    Section Image

  • C

    Buyer's Agent in 2021

    Colleen Yaklich

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81862539

MLSListings

APN: 002-613-036-000

California Monterey County Salinas 93901 South Salinas

229 E Romie Ln, Salinas, CA

Not Listed for Sale

MultiFamily

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