NOT LISTED FOR SALE

Estimated Value: $611,000 - $637,000

6 Beds
3 Baths
3,221 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $950,000 $295 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $3,584/month

139 Days on Market

Highlights

  • 3 Car Garage
  • 1-Story Property
  • 5-minute walk to Central Park

About This Home

As of July 2023

Subject to cancelation of current escrow. Great opportunity to own this triplex in south Salinas. Property has one duplex and a single detached home. The duplex has one car garage for each side and the single family home has a detached garage with workshop in back of house. Property consist of 2 separate lots with individual apn numbers # 002-141-011 / 002-141-010, but has to be sold together do to lot size for duplex. Each unit has indoor laundry.

Last Agent to Sell the Property

Renate Harris

Coast to Valley Realty License #01279430 Listed on: 02/23/2023

Last Buyer's Agent

Cory Barbee

Cory Barbee. Broker License #01335122

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 10,001

Parking

  • 3 Car Garage

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,221 Sq Ft Home
  • 1-Story Property

Additional Features

  • 10,001 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $100,800

Community Details

Overview

  • 3,221 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,602
  • Other Expense $26,070
  • Operating Expense $29,894
  • Gross Income $100,800

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Parking

3

Listing Details

  • Zoning: r3
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3221
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Living Sq Ft: 3221
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Tar And Gravel

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.41
  • Number Of Leased: 3

Multi Family

  • Expense Insurance: 1602
  • Expenses Other: 26070
  • Expenses Total: 29894
  • Income Annual Gross: 100800.00
  • Income Annual Rental: 100800
  • Income Gross Scheduled: 100800
  • Meters: Separate Water
  • Number Of Buildings: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jul 26, 2023
Sold by
Vanoli Greg
Bought by
Vanoli Family Trust and Vanoli
Seller's Agent
Renate Harris
Coast to Valley Realty
Buyer's Agent
Renate Harris
Coast to Valley Realty
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
363
Current Estimated Value
$623,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$326,490
Avg. Annual Appreciation
-15.56%

Purchase Details

Closed on
Feb 4, 2022
Sold by
Tim Vanoli
Bought by
Vanoli Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vanoli Family Trust $475,000 Chicago Title
Vanoli Family Trust -- Mccain Michelle Noble
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $950,000 -17.4% $295 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $1,150,000 0.0% $357 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $1,150,000 -- $357 / 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 $4,118 $357,507 $220,527 $136,980
2024 $4,118 $350,498 $216,203 $134,295
2023 $963 $79,410 $56,282 $23,128
2022 $925 $77,854 $55,179 $22,675
2021 $889 $76,329 $54,098 $22,231
2020 $865 $75,548 $53,544 $22,004
2019 $857 $74,068 $52,495 $21,573
2018 $843 $72,616 $51,466 $21,150
2017 $844 $71,193 $50,457 $20,736
2016 $844 $69,798 $49,468 $20,330
2015 $851 $68,750 $48,725 $20,025
2014 $797 $67,404 $47,771 $19,633
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81919734

MLSListings

APN: 002-141-010-000