NOT LISTED FOR SALE

313 Archer St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $546,056 - $696,000

2 Beds
2 Baths
1,112 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $280,000 $252 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,600/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Level Lot
  • 1-Story Property
  • Neighborhood Views
  • Vinyl Flooring
  • 4-minute walk to Central Park

About This Home

As of October 2014

Well maintained duplex in S. Salinas Both units 1 bed 1 bath with detached garage, long driveway and plenty of space. Great investment opportunity or live in one and rent the other.

Last Agent to Sell the Property

Samantha Storelli

Realty World-Premier Associates License #01339138 Listed on: 08/18/2014

Realty World-Premier Associates

Last Buyer's Agent

Alfredo Onofre

Realty World-Premier Associates License #01019540

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Neighborhood Views
  • Oven or Range

Parking

  • Carport
  • Off-Street Parking
  • RV Access or Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $21,600
  • Month-to-Month Lease Term

Community Details

Overview

  • 2 Units
  • 1,112 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Manager Expense $1,200
  • Operating Expense $5,226
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: Res
  • Subclass: Duplex
  • Sale Price Per Sq Ft: 251.80
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1112
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1112
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking, Rv/Boat Parking, Carport

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: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6500.00
  • Lot Size Area Min Search: 6500.00
  • Maximum Lot Size: 6500.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 12.96

Multi Family

  • Expense Insurance: 1000
  • Expense Maintenance: 1000
  • Expense Management: 1200
  • Expenses Total: 5226
  • Expense Water Sewer: 400
  • Income Annual Gross: 21600.00
  • Income Annual Rental: 21600
  • Income Gross Scheduled: 21600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Services - Sewer
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 29, 2014
Sold by
Taormina Peter and Taormina Janis
Bought by
Matias Pablo Perez and Perez Eva Angelica Canseco
Seller's Agent
Samantha Storelli
Realty World-Premier Associates
Buyer's Agent
Alfredo Onofre
Realty World-Premier Associates
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$628,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,264
Avg. Annual Appreciation
7.44%
Original Mortgage
$274,928
Outstanding Balance
$210,539
Interest Rate
4.07%
Mortgage Type
FHA
Estimated Equity
$417,725

Purchase Details

Closed on
Jul 7, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Taormina Peter and Taormina Janis

Purchase Details

Closed on
Dec 7, 2010
Sold by
Eckhaus Enrique Martin and Eckhaus Martha B
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 28, 2000
Sold by
Harden Donald Gene
Bought by
Eckhaus Enrique Martin and Eckhaus Martha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
8.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 16, 1998
Sold by
Livingston Richard C and Seever Barton F
Bought by
Harden Donald Gene
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
Matias Pablo Perez $280,000 Old Republic Title Company
Taormina Peter $135,000 First American Title
Jpmorgan Chase Bank National Association $198,153 None Available
Eckhaus Enrique Martin $144,000 Stewart Title
Harden Donald Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matias Pablo Perez $274,928
Previous Owner Eckhaus Enrique Martin $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $280,000 0.0% $252 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $279,900 -- $252 / 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 $3,818 $336,507 $180,271 $156,236
2024 $3,818 $329,910 $176,737 $153,173
2023 $3,688 $323,442 $173,272 $150,170
2022 $3,546 $317,101 $169,875 $147,226
2021 $3,405 $310,885 $166,545 $144,340
2020 $3,311 $307,698 $164,838 $142,860
2019 $3,283 $301,665 $161,606 $140,059
2018 $3,239 $295,751 $158,438 $137,313
2017 $3,240 $289,953 $155,332 $134,621
2016 $3,241 $284,269 $152,287 $131,982
2015 $3,268 $280,000 $150,000 $130,000
2014 $1,603 $138,324 $61,477 $76,847
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Samantha Storelli

    Realty World-Premier Associates

    Section Image

  • A

    Buyer's Agent in 2014

    Alfredo Onofre

    Realty World-Premier Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81430108

MLSListings

APN: 002-143-008

California Monterey County Salinas 93901 South Salinas

313 Archer St, Salinas, CA

Not Listed for Sale

MultiFamily

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