NOT LISTED FOR SALE

35 Homestead Ave Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $656,762 - $781,000

3 Beds
2 Baths
1,496 Sq Ft
$469/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $285,000 $191 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,996/month

9 Days on Market

About This Home

As of May 2015

Great opportunity to own a piece of South-West Salinas. Near Parks, and Hartnell College. Live in one and rent the other. 1st Unit 1bd/1ba with extra room plus garage. 2nd unit 2bd/2ba with large attic.

Last Agent to Sell the Property

Chantel Henson

Vanco Real Estate Executives License #01271580 Listed on: 04/08/2015

Last Buyer's Agent

Michael Kirch

Kensington Realty Group Inc License #01227726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Year Built

  • 1937

Lot Details

  • 4,008

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property

Additional Features

  • 4,008 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $2,000

Community Details

Overview

Building Details

  • Gross Income $1,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Year Built

1937

Lot Details

0

Parking

1

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • Age: 78
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1496
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Interior Features

  • Living Sq Ft: 1496
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.0920
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 142.00

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 1940.00
  • Income Annual Rental: 2000
  • Income Gross Scheduled: 2000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Cesario Kevin J and Cesario Jennifer Mary
Bought by
Cesario Kevin J and Cesario Jennifer Mary
Current Estimated Value
$666,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$353,166
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$313,812

Purchase Details

Closed on
Sep 12, 2017
Sold by
Cesario Kevin J and Cesario Jennifer Mary
Bought by
Cesario Kevin J and Cesario Jennifer Mary

Purchase Details

Listed on
Apr 8, 2015
Closed on
May 1, 2015
Sold by
The Bank Of New York Mellon
Bought by
Cesario Kevin J and Cesario Jennifer M
Seller's Agent
Chantel Henson
Vanco Real Estate Executives
Buyer's Agent
Michael Kirch
Kensington Realty Group Inc
List Price
$284,000
Sold Price
$285,000
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 1, 2015
Sold by
Fancher Richard W and Dodd Cynthia W
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
Chantel Henson
Vanco Real Estate Executives
Buyer's Agent
Michael Kirch
Kensington Realty Group Inc
List Price
$284,000
Sold Price
$285,000
Premium/Discount to List
$1,000
0.35%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Dodd Cynthia W
Bought by
Dodd Cynthia W and Cynthia W Dodd Living Trust

Purchase Details

Closed on
May 30, 2006
Sold by
Dodd Cynthia W
Bought by
Dodd Cynthia W and Cynthia W Dodd Living Trust

Purchase Details

Closed on
Feb 17, 2004
Sold by
Bischoff Joseph Steven and Bischoff Helga Nicolaus
Bought by
Fancher Richard W and Dodd Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2001
Sold by
Bischoff Joseph Steven and Bischoff Helga Nicolaus
Bought by
Bischoff Joseph Steven and Bischoff Helga Nicolaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.12%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bischoff Joseph S and Nicolaus Bischoff H
Bought by
Bischoff Steven Joseph and Bischoff Helga Nicolaus

Purchase Details

Closed on
Feb 7, 1996
Sold by
Jackson Billy R and Jackson Victoria R
Bought by
Bischoff Joseph S and Nicolaus Bischoff H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.04%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Moses Arvil E
Bought by
Jackson Billy R and Jackson Victoria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.63%

Purchase Details

Closed on
Jun 28, 1995
Sold by
Torres Estanislao and Torres Paula
Bought by
Moses Arvil E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

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Average Value
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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
Cesario Kevin J -- Accommodation
Cesario Kevin J -- Fidelity National Title Co
Cesario Kevin J -- None Available
Cesario Kevin J $285,000 Servicelink
The Bank Of New York Mellon $304,300 Accommodation
Dodd Cynthia W -- None Available
Dodd Cynthia W -- None Available
Fancher Richard W $400,000 Chicago Title
Bischoff Joseph Steven -- Stewart Title
Bischoff Joseph Steven -- Stewart Title
Bischoff Steven Joseph -- --
Bischoff Joseph S $129,000 Stewart Title
Jackson Billy R $56,000 Fidelity National Title
Moses Arvil E $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cesario Kevin J $392,000
Closed Cesario Kevin J $185,250
Previous Owner Fancher Richard W $406,000
Previous Owner Fancher Richard W $320,000
Previous Owner Bischoff Joseph Steven $148,000
Previous Owner Bischoff Steven Joseph $97,000
Previous Owner Bischoff Joseph S $96,750
Previous Owner Jackson Billy R $63,000
Closed Fancher Richard W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2015 05/19/15 Sold $285,000 +0.4% $191 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $284,000 -- $190 / 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 $4,370 $378,571 $192,291 $186,280
2024 $4,370 $371,149 $188,521 $182,628
2023 $4,223 $363,873 $184,825 $179,048
2022 $4,066 $356,739 $181,201 $175,538
2021 $3,906 $349,746 $177,649 $172,097
2020 $3,798 $346,161 $175,828 $170,333
2019 $3,771 $339,375 $172,381 $166,994
2018 $3,723 $332,721 $169,001 $163,720
2017 $3,726 $326,198 $165,688 $160,510
2016 $3,729 $319,803 $162,440 $157,363
2015 $3,938 $330,000 $125,000 $205,000
2014 $3,411 $300,000 $100,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Chantel Henson

    Seller's Agent in 2015

    Chantel Henson

    Vanco Real Estate Executives

    (831) 809-4100

    12 in this area

    122 Total Sales

    Section Image
  • Michael Kirch

    Buyer's Agent in 2015

    Michael Kirch

    Kensington Realty Group Inc

    (831) 238-3488

    26 Total Sales

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Map

Source: MLSListings

MLS Number: ML81458951

MLSListings

APN: 002-041-024-000

California Monterey County Salinas 93901 South Salinas

35 Homestead Ave, Salinas, CA

This home is located at 35 Homestead Ave, Salinas, CA 93901 since 08 April 2015 and is currently estimated at $701,441, approximately $468 per square foot. This property was built in 1937. 35 Homestead Ave is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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