Lawrence Hernandez
Cypress Coast Investments
(831) 273-9672
45 Total Sales
1 in South Salinas
$495,000 Price
245 E Romie Ln Salinas, CA 93901
South Salinas Neighborhood
8
Beds
4
Baths
4,096
Sq Ft
0.33
Acre Lot
Highlights
- 0.33 Acre Lot
- Forced Air Heating System
- Level Lot
- Wood Flooring
About This Home
As of April 2023This property can be used in many ways - investment, family compound, owner occupancy with rental income, development, or a combination. The 14,196 sq. ft. lot is zoned CO/Residential. The 245 E. Romie is a 1,430 sq. ft. three bedroom / one bathroom house. 245 E. Romie # A is a one-bedroom apartment. 249 E. Romie is a 2,194 sq. ft 4 bedroom / two bathroom house with high ceilings. 249 E. Romie has a large, private, fenced yard. It has a downstairs bedroom / full bath and three bedrooms upstairs with a full bathroom and lots of storage. The unit has new flooring, paint, and additional improvements. 245 E. Romie has a classic older home feel with sitting areas and interior arches. 245 A is located to the left of the garage spaces. The zoning and lot size can potentially yield additional units and ADUs. The potential gross income on current rents is $98,700.
Last Agent to Sell the Property
Albers Real Estate Investment Company License #01006595 Listed on: 02/24/2023
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Property Details
Home Type
- Multi-Family
Year Built
- 1890
Lot Details
- 14,196 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Triplex
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,096 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Formica Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Utilities
- Forced Air Heating System
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $98,700
- Month-to-Month Lease Term
Community Details
Overview
- 4,096 Sq Ft Building
Building Details
- 2 Leased Units
- Gardener Expense $1,800
- Insurance Expense $1,209
- Maintenance Expense $2,250
- Manager Expense $4,744
- Other Expense $1,500
- Utility Expense $1,572
- Operating Expense $26,528
- Gross Income $95,739
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
Listed on
Feb 24, 2023
Closed on
Apr 13, 2023
Sold by
Bought by
Seller's Agent
Hap Albers
Albers Real Estate Investment Company
Buyer's Agent
Adrian Del Real
Remax Property Experts
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Views
128
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$867,155
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2017
Sold by
Bought by
Purchase Details
Closed on
Nov 20, 2006
Sold by
Bought by
Purchase Details
Closed on
Jan 3, 2005
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salinas, CA
-
Lawrence Hernandez
-
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
-
Dani M. Wilcox
Dani M. Wilcox
KW Coastal Estates
(831) 273-6963
54 Total Sales
11 in South Salinas
$430K - $985K Price Range
-
Mark Cohan
Mark Cohan
Compass
(831) 273-8684
31 Total Sales
8 in South Salinas
$395K - $911K 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 |
|---|---|---|---|
| $1,200,000 | Chicago Title | ||
| -- | None Available | ||
| -- | Chicago Title Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company |
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 | $900,000 |
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 |
|---|---|---|---|---|
| 04/19/2023 04/19/23 | Sold | $1,200,000 | +0.1% | $293 / Sq Ft |
| 03/08/2023 03/08/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $1,199,000 | -- | $293 / 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 | $16,397 | $1,458,449 | $477,543 | $980,906 |
| 2025 | $14,270 | $1,313,480 | $468,180 | $845,300 |
| 2024 | $14,270 | $1,289,000 | $459,000 | $830,000 |
| 2023 | $9,059 | $1,200,000 | $450,000 | $750,000 |
| 2022 | $1,031 | $84,692 | $63,578 | $21,114 |
| 2021 | $992 | $83,032 | $62,332 | $20,700 |
| 2020 | $966 | $82,181 | $61,693 | $20,488 |
| 2019 | $953 | $80,571 | $60,484 | $20,087 |
| 2018 | $939 | $78,993 | $59,299 | $19,694 |
| 2017 | $940 | $77,445 | $58,137 | $19,308 |
| 2016 | $940 | $75,928 | $56,998 | $18,930 |
| 2015 | $948 | $74,788 | $56,142 | $18,646 |
| 2014 | $889 | $73,324 | $55,043 | $18,281 |
Source: Public Records
Agents Affiliated with this Home
-
Hap Albers
Seller's Agent in 2023
Hap Albers
Albers Real Estate Investment Company
(408) 893-6002
10 in this area
45 Total Sales
-
Adrian Del Real
Buyer's Agent in 2023
Adrian Del Real
RE/MAX
(831) 235-4686
4 in this area
27 Total Sales
Map
Source: MLSListings
MLS Number: ML81919898
APN: 002-613-043
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