NOT LISTED FOR SALE

30 Smith St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $549,604 - $778,000

2 Beds
2 Baths
1,120 Sq Ft
$562/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $208,000 $186 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $3,508/month

107 Days on Market

Highlights

  • Neighborhood Views
  • Carpet
  • 5-minute walk to La Paz Park
  • Level Lot
  • 1-Story Property

About This Home

As of June 2014

Two 1 bedroom 1 bath units with individual garages and backyards.

Last Agent to Sell the Property

Leif Johanson

Century 21 Advantage License #00863710 Listed on: 02/15/2014

Century 21 Advantage

Last Buyer's Agent

Leif Johanson

Century 21 Advantage License #00863710 Listed on: 02/15/2014

Century 21 Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Oven or Range

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $18,000
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Overview

  • 1,120 Sq Ft Building

Building Details

  • Gardener Expense $520
  • Insurance Expense $780
  • Maintenance Expense $1,200
  • Other Expense $900
  • Trash Expense $760
  • Operating Expense $4,650
  • Gross Income $16,560

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: RM2.9
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 185.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1120
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1120
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.50

Multi Family

  • Expense Insurance: 780
  • Expense Landscape: 520
  • Expense Maintenance: 1200
  • Expenses Other: 900
  • Expenses Total: 4650
  • Expense Trash: 760
  • Income Annual Gross: 16560.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
  • Vacancy Amount: 1440
  • Vacancy Factor: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Jun 18, 2014
Sold by
Olvera Mary R
Bought by
Song Paul W and Song May Y
Seller's Agent
Leif Johanson
Century 21 Advantage
Buyer's Agent
Leif Johanson
Century 21 Advantage
List Price
$225,000
Sold Price
$208,000
Premium/Discount to List
-$17,000
-7.56%
Current Estimated Value
$629,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,901
Avg. Annual Appreciation
10.05%
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
Song Paul W $208,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $208,000 -7.6% $186 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $225,000 -- $201 / 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 $2,965 $254,968 $122,581 $132,387
2024 $2,965 $249,970 $120,178 $129,792
2023 $2,866 $245,070 $117,822 $127,248
2022 $2,759 $240,265 $115,512 $124,753
2021 $2,651 $235,555 $113,248 $122,307
2020 $2,579 $233,140 $112,087 $121,053
2019 $2,557 $228,570 $109,890 $118,680
2018 $2,526 $224,089 $107,736 $116,353
2017 $2,528 $219,696 $105,624 $114,072
2016 $2,529 $215,389 $103,553 $111,836
2015 $2,551 $212,155 $101,998 $110,157
2014 $485 $38,441 $16,040 $22,401
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Leif Johanson

    Century 21 Advantage

    (831) 800-7341

    10 Total Sales

    Leif Johanson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81404774

MLSListings

APN: 004-053-012-000

California Monterey County Salinas 93905 East Salinas

30 Smith St, Salinas, CA

Not Listed for Sale

MultiFamily

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