NOT LISTED FOR SALE
4 Beds
3 Baths
1,445 Sq Ft
6,499 Sq Ft Lot

Sale Details

Date Sold: August 10, 2018

Last sale price $574,575 $398 Per Sq Ft

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Central Park

About This Home

As of August 2018

Nice triplex now available in South Salinas! Front house is a 2BR/1BA and back units are each 1BR/1BA. New exterior paint, newer composition roof and dual pane windows throughout! There is also a 2-car detached garage with washer/dryer hookups and storage closets for 1BR units. All long term tenants are on month to month leases. Rents are below market. Proforma rents listed on yearly financials. Separate electric/gas and water meters!

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 06/21/2018

Co-Listed By

Jeff Pluta

Town'N Country Realty License #01246645

Last Buyer's Agent

Lisa Brom

Sotheby’s International Realty License #01893705

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • 6,499 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,000

Community Details

Overview

  • 1,445 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Operating Expense $10,425
  • Gross Income $44,100

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

6,499 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1445
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Living Sq Ft: 1445
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Lot Info

  • 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

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.78
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1500
  • Expense Landscape: 600
  • Expense Maintenance: 2000
  • Expenses Total: 10425
  • Income Annual Gross: 44100.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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

Closed on
Aug 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 6, 2018
Sold by
Bought by
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
Lisa Brom
Sotheby’s International Realty
List Price
$575,000
Sold Price
$574,575
Premium/Discount to List
-$425
-0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
0.0137%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
0.0137%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Old Republic Title Company
-- Old Republic Title Company
-- None Available
$575,000 Chicago Title Co Salina
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Co
$350,000 Fidelity National Title Co
-- Stewart Title
$590,000 Stewart Title
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
Open $257,000
Closed $265,000
Previous Owner $413,000
Previous Owner $125,000
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
08/10/2018 08/10/18 Sold $574,575 -0.1% $398 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $575,000 -- $398 / 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 $7,383 $640,944 $334,654 $306,290
2024 $7,383 $628,378 $328,093 $300,285
2023 $7,135 $616,058 $321,660 $294,398
2022 $6,865 $603,979 $315,353 $288,626
2021 $6,595 $592,137 $309,170 $282,967
2020 $6,413 $586,066 $306,000 $280,066
2019 $6,368 $574,575 $300,000 $274,575
2018 $2,888 $255,245 $141,803 $113,442
2017 $2,891 $250,241 $139,023 $111,218
2016 $2,892 $245,336 $136,298 $109,038
2015 $2,917 $241,652 $134,251 $107,401
2014 $2,725 $236,920 $131,622 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711392

MLSListings

APN: 002-133-024-000

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