NOT LISTED FOR SALE
4 Beds
3 Baths
2,264 Sq Ft
7,000 Sq Ft

Last Sold October 04, 2019

Last sale price $695,000 $307 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Storage Room
  • Wood Flooring
  • Double Pane Windows
  • 5-minute walk to Bataan Park

About This Home

As of October 2019

Located close to Old Town Salinas, the Steinbeck House, Sacred Heart Church & the city's new inter-modal transportation center, this tri-plex property has one detached 2 BR 1 Bath home (43) in front & two 1 BR 1 Bath duplex units (39 & 41) behind. Each dwelling has one on-site parking space + a storage garage. Recent upgrades include new Premo roof & gutter system, dual pane windows throughout, 41 remodelled with refinished oak & tile floors, updated 43 bathroom, This property is tenant occupied with showings by prior confirmed appt only.

Last Agent to Sell the Property

Jeff Segal

Segal Real Estate License #00829329 Listed on: 08/01/2019

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Storage Room
  • Washer and Dryer
  • Crawl Space

Kitchen

  • Gas Oven
  • Range Hood
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $40,500

Community Details

Overview

  • 2,264 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,710
  • Maintenance Expense $1,800
  • Manager Expense $3,240
  • Utility Expense $632
  • Operating Expense $15,517
  • Gross Income $40,500

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Zoning: CO
  • Subclass: Triplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2264
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Granite, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2264
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Raised
  • Roof: Composition, Shingle
  • Yard/Grounds: Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 17.53
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1710
  • Expense Maintenance: 1800
  • Expense Management: 3240
  • Expenses Total: 15517
  • Expenses Utility: 632
  • Income Annual Gross: 40500.00
  • Income Annual Rental: 40500
  • Income Gross Scheduled: 40500
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $695,000 -2.1% $307 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $710,000 -- $314 / 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 $9,597 $760,080 $382,774 $377,306
2024 $9,597 $745,177 $375,269 $369,908
2023 $9,276 $730,566 $367,911 $362,655
2022 $8,918 $716,243 $360,698 $355,545
2021 $8,599 $702,200 $353,626 $348,574
2020 $8,383 $695,000 $350,000 $345,000
2019 $2,691 $165,872 $61,766 $104,106
2018 $2,661 $162,620 $60,555 $102,065
2017 $2,663 $159,432 $59,368 $100,064
2016 $2,663 $156,306 $58,204 $98,102
2015 $2,679 $153,959 $57,330 $96,629
2014 $1,764 $150,944 $56,207 $94,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81762945

MLSListings

APN: 002-163-015

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