NOT LISTED FOR SALE

Estimated Value: $796,000 - $840,000

5 Beds
2 Baths
2,056 Sq Ft
$398/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2024

Last sale price $849,000 $413 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,101 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • 1-Story Property
  • 4 Car Garage
  • Washer and Dryer

About This Home

As of December 2024

Charm and character in this three-bedroom home, with wood flooring, fireplace and formal dining room. There is also a separate two-bedroom apartment above the four-car garage which was built around 1985. Each tenant has their own laundry, and there are also separate gas and electric meters. Great south Salinas location.

Last Agent to Sell the Property

Joy Welch

Coldwell Banker Realty License #00902236 Listed on: 11/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Jason Montgomery

eXp Realty of Northern California, Inc. License #01519124

eXp Realty of Northern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 6,490

Parking

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

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,056 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $55,200

Community Details

Overview

  • 2,056 Sq Ft Building

Building Details

  • Gardener Expense $1,080
  • Insurance Expense $1,200
  • Utility Expense $2,000
  • Operating Expense $12,280
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

6,490 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R-M-2.9 Residential medium density
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2056
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Living Sq Ft: 2056
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Gate / Door Opener, Off-Street Parking, On Street, Room For Oversized Vehicle

Utilities

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

Lot Info

  • 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: 15.38

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1080
  • Expenses Total: 12280
  • Expenses Utility: 2000
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

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

Listed on
Nov 12, 2024
Closed on
Dec 2, 2024
Sold by
Bought by
Seller's Agent
Joy Welch
Coldwell Banker Realty
Buyer's Agent
Jason Montgomery
eXp Realty of Northern California, Inc.
List Price
$849,000
Sold Price
$849,000
Views
37
Current Estimated Value
$818,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,493
Avg. Annual Appreciation
-2.47%
Original Mortgage
$594,300
Outstanding Balance
$586,269
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$232,238

Purchase Details

Closed on
Nov 11, 2019
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
$480,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
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
$428,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
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
$428,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1999
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
$207,200
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$849,000 First American Title
$640,000 Chicago Title Company
-- --
$535,000 First American Title
-- Old Republic Title Company
$250,000 Old Republic Title Company
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 $594,300
Previous Owner $480,000
Previous Owner $428,000
Previous Owner $207,200
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
12/13/2024 12/13/24 Sold $849,000 0.0% $413 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $849,000 -- $413 / 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 $8,021 $849,000 $410,000 $439,000
2024 $8,021 $849,000 $410,000 $439,000
2023 $7,751 $672,750 $399,446 $273,304
2022 $7,463 $659,560 $391,614 $267,946
2021 $7,169 $646,629 $383,936 $262,693
2020 $6,971 $640,000 $380,000 $260,000
2019 $6,188 $560,000 $300,000 $260,000
2018 $5,568 $500,000 $225,000 $275,000
2017 $5,233 $460,000 $200,000 $260,000
2016 $4,939 $425,000 $160,000 $265,000
2015 $4,645 $390,000 $150,000 $240,000
2014 $3,412 $300,000 $100,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81986421

MLSListings

APN: 002-411-016-000

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