NOT LISTED FOR SALE

323 Maple St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $603,000 - $701,000

3 Beds
2 Baths
1,491 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $590,000 $396 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,076/month

75 Days on Market

About This Home

As of September 2023

Lovely duplex in South Salinas near Maple Park. The main house is a spacious 2 bedroom, 1 bath home with welcoming living room, open kitchen with center island and laundry room. The back unit is a 1 bedroom, 1 bath unit next to an open area perfect for another structure or additional parking. Both units are on month to month leases. Back unit set to vacate by 6/30. Washer/Dryer in main house is tenants. Large area in the back of the property perfect for another structure or additional parking.

Last Agent to Sell the Property

Audrey wardwell

36 North Properties License #01746254 Listed on: 06/06/2023

Last Buyer's Agent

Mark Trapin

Sotheby’s International Realty License #01233599

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 6,303 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $29,292

Community Details

Overview

  • 1,491 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Operating Expense $5,214
  • Gross Income $28,999

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1491
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Living Sq Ft: 1491
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1447
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6303.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6303.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.46
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expense Landscape: 1200
  • Expense Maintenance: 500
  • Expenses Total: 5214
  • Income Annual Gross: 28999.00
  • Income Annual Rental: 29292
  • Income Gross Scheduled: 29292
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 12, 2023
Sold by
Jeffery And Debra Meeks Family Trust and Jeffery L Meeks Living Trust
Bought by
Eizner Emilio
Seller's Agent
Audrey wardwell
36 North Properties
Buyer's Agent
Mark Trapin
Sotheby’s International Realty
List Price
$775,000
Sold Price
$590,000
Premium/Discount to List
-$185,000
-23.87%
Views
302
Current Estimated Value
$666,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,351
Avg. Annual Appreciation
5.48%
Original Mortgage
$354,000
Outstanding Balance
$346,068
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$320,283

Purchase Details

Closed on
Nov 28, 2017
Sold by
Meeks Debra and Burk Ronald
Bought by
Meeks Debra and Jeffery And Debra Meeks Family Trust

Purchase Details

Closed on
Jun 26, 2013
Sold by
Meeks Jeffery L
Bought by
Meeks Jeffery L and Jeffery L Meeks Living Trust

Purchase Details

Closed on
Feb 12, 2009
Sold by
Aurora Loan Services Llc
Bought by
Meeks Jeffery L

Purchase Details

Closed on
Dec 4, 2008
Sold by
Farrell Erik Michael
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Melo Gloria
Bought by
Farrell Erik Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2004
Sold by
Machado George
Bought by
Melo Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Machado George
Bought by
Machado George and Melo Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Martinez David and Martinez Antonia
Bought by
Machado George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2000
Sold by
Martinez Jaime
Bought by
Martinez David and Martinez Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.65%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Lincoln Trust Company
Bought by
Martinez David and Martinez Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.14%
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
Eizner Emilio $590,000 First American Title
Meeks Debra -- None Available
Meeks Jeffery L -- None Available
Meeks Jeffery L $180,500 Lsi Title Agency
Aurora Loan Services Llc $244,200 None Available
Farrell Erik Michael $650,000 Old Republic Title
Melo Gloria -- First American Title
Machado George -- First American Title
Machado George $386,000 First American Title
Martinez David -- First American Title
Martinez David $168,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eizner Emilio $354,000
Previous Owner Farrell Erik Michael $520,000
Previous Owner Melo Gloria $460,000
Previous Owner Machado George $308,800
Previous Owner Martinez David $182,400
Previous Owner Martinez David $151,200
Closed Machado George $77,200
Closed Melo Gloria $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $590,000 -23.9% $396 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $775,000 -- $520 / 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 $6,901 $601,800 $408,000 $193,800
2024 $6,901 $590,000 $400,000 $190,000
2023 $2,615 $590,000 $400,000 $190,000
2022 $2,514 $219,020 $133,478 $85,542
2021 $2,416 $214,726 $130,861 $83,865
2020 $2,350 $212,526 $129,520 $83,006
2019 $2,332 $208,360 $126,981 $81,379
2018 $2,300 $204,276 $124,492 $79,784
2017 $2,302 $200,271 $122,051 $78,220
2016 $2,303 $196,345 $119,658 $76,687
2015 $2,323 $193,397 $117,861 $75,536
2014 $2,169 $189,610 $115,553 $74,057
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Audrey wardwell

    36 North Properties

    (831) 320-7116

    9 in this area

    20 Total Sales

    Audrey wardwell
    Section Image
  • Mark Trapin

    Buyer's Agent in 2023

    Mark Trapin

    Sotheby’s International Realty

    (831) 601-4934

    2 in this area

    73 Total Sales

    Mark Trapin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81930843

MLSListings

APN: 002-382-050-000

California Monterey County Salinas 93901 South Salinas

323 Maple St, Salinas, CA

Not Listed for Sale

MultiFamily

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