NOT LISTED FOR SALE

411 Riker St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $896,000 - $929,000

4 Beds
3 Baths
2,202 Sq Ft
$415/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $886,750 $403 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,974/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • 4 Car Detached Garage
  • Grass Covered Lot

About This Home

As of December 2022

Very well maintained units. House in front is a two bedroom, 1 bath, the two units in back are both 1 bedroom, 1 bath. I will input all expenses as soon as I get them from the property manager. The front until has 2 separate garages, the two other units each has their own enclosed garage. All garages have inside laundry areas and garage door openers. The front house was originally built in 1922 but has updated kitchen and bathroom. The two back units were built in late 1970's. If you're looking for more units please see the listing next door at 409 Riker Street. It is a duplex.

Last Agent to Sell the Property

Tom Folliard

Berkshire Hathaway HS Real Time Realty License #01126658 Listed on: 12/13/2022

Berkshire Hathaway HS Real Time Realty

Last Buyer's Agent

Christian Haun

eXp Realty of California Inc License #01494599

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,549

Year Built

  • 1922

Lot Details

  • 6,499 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Grass Covered Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 2,202 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $61,056

Community Details

Overview

  • 2,202 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $903
  • Insurance Expense $1,041
  • Maintenance Expense $318
  • Utility Expense $1,668
  • Trash Expense $390
  • Operating Expense $6,502
  • Gross Income $61,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,549

Year Built

1922

Lot Details

0

Parking

4

Listing Details

  • Zoning: Multi Res
  • Subclass: Triplex
  • Style: Traditional
  • Age: 100
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2202
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Countertop - Formica, Hood Over Range, Oven Range - Electric
  • Living Sq Ft: 2202
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Low Maintenance, Sprinklers - Lawn
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Enclosed, Gate / Door Opener, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Green Features

  • Energy Features: Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.66
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1041
  • Expense Landscape: 903
  • Expense Maintenance: 318
  • Expenses Total: 6502
  • Expenses Utility: 1668
  • Expense Trash: 390
  • Income Annual Gross: 61056.00
  • Income Annual Rental: 61056
  • Income Gross Scheduled: 61056
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Depreciation, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Dec 21, 2022
Sold by
1989 Jessen Revocable Trust
Bought by
Elyasi Mohsen Ben
Seller's Agent
Tom Folliard
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Christian Haun
eXp Realty of California Inc
List Price
$895,000
Sold Price
$886,750
Premium/Discount to List
-$8,250
-0.92%
Total Days on Market
1
Views
35
Current Estimated Value
$914,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,924
Avg. Annual Appreciation
0.62%

Purchase Details

Closed on
Mar 1, 2017
Sold by
Jessen Niels R
Bought by
Jessen Niels R and 1989 Jessen Revocable Trust

Purchase Details

Closed on
Oct 1, 2009
Sold by
Jessen John M
Bought by
Jessen John M and 1990 Jessen Revocable Trust

Purchase Details

Closed on
Jan 2, 2009
Sold by
Jessen John M
Bought by
Jessen John M and 1990 Jessen Revocable Trust

Purchase Details

Closed on
Dec 29, 2008
Sold by
Jessen Niels R and Jessen Ella M
Bought by
Jessen Elsa N and Eriksen Margit E
Source: Public Records

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Range of Values:

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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
Elyasi Mohsen Ben $887,000 Chicago Title
Elyasi Mohsen Ben -- Chicago Title
Jessen Niels R -- None Available
Jessen John M -- None Available
Jessen Elsa N -- None Available
Jessen Elsa N -- None Available
Jessen Niels R -- None Available
Jessen John M -- None Available
Jessen Elsa N -- None Available
Jessen Elsa N -- None Available
Jessen Niels R -- None Available
Jessen Elsa N -- None Available
Jessen Niels R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $886,750 -0.9% $403 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $895,000 -- $406 / 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
2024 $10,549 $904,485 $382,500 $521,985
2023 $10,194 $886,750 $375,000 $511,750
2022 $2,181 $886,750 $375,000 $511,750
2021 $2,096 $184,986 $70,272 $114,714
2020 $2,039 $183,090 $69,552 $113,538
2019 $2,023 $179,501 $68,189 $111,312
2018 $1,996 $175,982 $66,852 $109,130
2017 $1,997 $172,533 $65,542 $106,991
2016 $1,998 $169,151 $64,257 $104,894
2015 $2,015 $166,611 $63,292 $103,319
2014 $1,883 $163,349 $62,053 $101,296
Source: Public Records

Agents Affiliated with this Home

  • Tom Folliard

    Seller's Agent in 2022

    Tom Folliard

    Berkshire Hathaway HS Real Time Realty

    (831) 262-9296

    27 in this area

    55 Total Sales

    Tom Folliard
    Section Image
  • Christian Haun

    Buyer's Agent in 2022

    Christian Haun

    eXp Realty of California Inc

    (831) 402-9451

    8 in this area

    69 Total Sales

    Christian Haun
    Section Image
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Map

Source: MLSListings

MLS Number: ML81914760

MLSListings

APN: 002-324-015-000

California Monterey County Salinas 93901 South Salinas

411 Riker St, Salinas, CA

This home is located at 411 Riker St, Salinas, CA 93901 since 13 December 2022 and is currently estimated at $914,674, approximately $415 per square foot. This property was built in 1922. 411 Riker St 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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