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

Sale Details

Date Sold: October 4, 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

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
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

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
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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