Seller's Agent in 2024
Dale Handley
Town'N Country Realty
(831) 424-0001
31 in this area
97 Total Sales
340 E Romie Ln Salinas, CA 93901
South Salinas Neighborhood
8
Beds
8
Baths
3,656
Sq Ft
8,660
Sq Ft Lot
About This Home
As of July 2024Prime 4-plex at 340 E. Romie Lane, South Salinas! Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, and 914 sq. ft. Amenities include 4 covered carports and onsite coin-op laundry. With some deferred maintenance and rents far below market value, this property offers significant upside potential. Ideal for investors seeking value-add opportunities. All leases are currently month-to-month.
Last Agent to Sell the Property
Town'N Country Realty License #01280498 Listed on: 07/12/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1980
Lot Details
- 8,660
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,656 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Additional Features
- 8,660 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $64,800
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $1,200
- Insurance Expense $2,000
- Maintenance Expense $2,500
- Manager Expense $4,800
- Utility Expense $2,000
- Trash Expense $1,606
- Operating Expense $28,406
- Gross Income $65,300
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $1,100,000 | 0.0% | $301 / Sq Ft |
| 07/18/2024 07/18/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $1,100,000 | -- | $301 / Sq Ft |
Source: MLSListings
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 | $7,280 | $1,100,000 | $390,000 | $710,000 |
| 2024 | $7,280 | $1,100,000 | $390,000 | $710,000 |
| 2023 | $6,718 | $357,335 | $34,652 | $322,683 |
| 2022 | $5,249 | $350,329 | $33,973 | $316,356 |
| 2021 | $5,557 | $343,460 | $33,307 | $310,153 |
| 2020 | $5,469 | $339,939 | $32,966 | $306,973 |
| 2019 | $5,269 | $333,274 | $32,320 | $300,954 |
| 2018 | $4,874 | $326,740 | $31,687 | $295,053 |
| 2017 | $5,062 | $320,334 | $31,066 | $289,268 |
| 2016 | $5,019 | $314,054 | $30,457 | $283,597 |
| 2015 | $5,002 | $309,338 | $30,000 | $279,338 |
| 2014 | $4,696 | $303,280 | $29,413 | $273,867 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Handley
Map
Source: MLSListings
MLS Number: ML81972927
APN: 002-625-005
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