Robynn Paxton Landrum
Wesely & Associates
(279) 201-0818
120 Total Sales
1 in South Salinas
$897,350 Price
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 16, 2024
Sold by
Campion Mark E and Campion Amanda R
Bought by
Seller's Agent
Mike Handley
Town'N Country Realty
Buyer's Agent
Mike Handley
Town'N Country Realty
List Price
$1,100,000
Sold Price
$1,100,000
Views
33
Purchase Details
Listed on
Jul 12, 2024
Closed on
Jul 22, 2024
Sold by
Francesca Park Henderson Trust and Park Stephen
Bought by
Campion Mark E and Campion Amanda R
Seller's Agent
Mike Handley
Town'N Country Realty
Buyer's Agent
Mike Handley
Town'N Country Realty
List Price
$1,100,000
Sold Price
$1,100,000
Views
33
Purchase Details
Closed on
Jul 26, 2003
Sold by
Henderson Francesca Park
Bought by
Henderson Francesca Park
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 1997
Sold by
Henderson Francesca Park
Bought by
Henderson Francesca Park and The Francesca Park Henderson Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salinas, CA
-
Robynn Paxton Landrum
-
Shaun Alston
Shaun Alston
Eagle Realty
(279) 239-4121
82 Total Sales
1 in South Salinas
$906,000 Price
-
Erica Perez
Erica Perez
Coldwell Banker Realty
(831) 220-3677
53 Total Sales
2 in South Salinas
$730K - $735K Price Range
-
Mike Valdez
Mike Valdez
CENTURY 21 Masters
(831) 250-9608
21 Total Sales
3 in South Salinas
$475K - $810K Price Range
-
Melinda M. Fike
Melinda M. Fike
Intero Real Estate Services
(831) 741-4597
33 Total Sales
11 in South Salinas
$630K - $910K Price Range
-
Eric Wason
Eric Wason
M2 Realty Group
(831) 243-4238
10 Total Sales
1 in South Salinas
$820,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Campion Mark E | $1,100,000 | Chicago Title | |
| Henderson Francesca Park | -- | Orange Coast Title | |
| Henderson Francesca Park | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $275,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,737 | $1,122,000 | $397,800 | $724,200 |
| 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
-
Mike Handley
Seller's Agent in 2024
Mike Handley
Town'N Country Realty
(831) 424-0001
31 in this area
92 Total Sales
Map
Source: MLSListings
MLS Number: ML81972927
APN: 002-625-005
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