NOT LISTED FOR SALE

267 Cross Ave Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $501,930 - $1,068,000

5 Beds
3 Baths
884 Sq Ft
$786/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $180,000 $204 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $3,880/month

79 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • Washer and Dryer

About This Home

As of December 2012

Two separate units. Front unit 2/1 and back unit 3/2 with large garage. Great rental opportunity. Buyer to verify all measurements, SqFt, Lot Size, Age ,Liens, condition, short sale terms. As-Is sale. Occupied do not disturb tenants.

Last Agent to Sell the Property

Jesse Hernandez

Century 21 Action License #01736274 Listed on: 07/03/2012

Century 21 Action

Last Buyer's Agent

Christina Butler

Century 21 Masters License #01989470

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • 884 Sq Ft Building

Building Details

  • Operating Expense $8,074

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: Unk
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 203.62
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 884
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 884
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 11400.00
  • Lot Size Area Min Search: 11400.00
  • Maximum Lot Size: 11400.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 8074
  • Maximum Building Height: 1
  • Meters: Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Dec 18, 2012
Sold by
Garcia Daniel
Bought by
Garcia Esperanza
Seller's Agent
Jesse Hernandez
Century 21 Action
Buyer's Agent
Jesse Hernandez
Century 21 Action
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%
Current Estimated Value
$694,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,983
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
Jul 3, 2012
Closed on
Dec 17, 2012
Sold by
Palomo Hector R and Palomo Gloria S
Bought by
Pure Holdings Llc
Seller's Agent
Jesse Hernandez
Century 21 Action
Buyer's Agent
Jesse Hernandez
Century 21 Action
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%

Purchase Details

Closed on
Jul 10, 2007
Sold by
Villicana Bonifacio and Fernandez Guadalupe
Bought by
Palomo Hector R and Palomo Gloria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,941
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2006
Sold by
Odom Karen S
Bought by
Odom Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2006
Sold by
Peralta Frank and Odom Larry E
Bought by
Villicana Bonifacio and Fernandez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 2006
Sold by
Murfitt Mary
Bought by
Peralta Frank and Odom Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 1995
Sold by
Peralta Mary Rosey and Peralta Mary R
Bought by
Peralta Mary R and The Mary R Peralta Living Trust
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
Garcia Esperanza -- Old Republic Title Company
Pure Holdings Llc $180,000 Old Republic Title Company
Palomo Hector R $590,000 Stewart Title Monterey
Odom Larry E -- Chicago Title Co
Villicana Bonifacio $695,000 Chicago Title Co
Peralta Frank -- None Available
Peralta Mary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palomo Hector R $530,941
Previous Owner Odom Larry E $67,500
Previous Owner Villicana Bonifacio $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $180,000 +12.5% $204 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $160,000 -- $181 / 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 $2,955 $221,646 $61,567 $160,079
2024 $2,955 $217,301 $60,360 $156,941
2023 $2,901 $213,041 $59,177 $153,864
2022 $2,611 $208,865 $58,017 $150,848
2021 $2,612 $204,771 $56,880 $147,891
2020 $2,583 $202,672 $56,297 $146,375
2019 $2,664 $198,699 $55,194 $143,505
2018 $2,509 $194,804 $54,112 $140,692
2017 $2,604 $190,985 $53,051 $137,934
2016 $2,471 $187,241 $52,011 $135,230
2015 $2,450 $184,429 $51,230 $133,199
2014 $2,362 $180,817 $50,227 $130,590
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jesse Hernandez

    Century 21 Action

    Section Image
  • Christina Butler

    Buyer's Agent in 2012

    Christina Butler

    Century 21 Masters

    (760) 815-9995

    36 Total Sales

    Christina Butler
    Section Image
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Map

Source: MLSListings

MLS Number: ML81224932

MLSListings

APN: 004-541-037-000

California Monterey County Salinas 93905 East Salinas

267 Cross Ave, Salinas, CA

Not Listed for Sale

MultiFamily

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