NOT LISTED FOR SALE
4 Beds
3 Baths
1,425 Sq Ft
6,608 Sq Ft Lot

Sale Details

Date Sold: April 22, 2020

Last sale price $475,000 $333 Per Sq Ft

27 Days on Market

About This Home

As of April 2020

Great Investment opportunity in East Salinas. Triplex that consists of 1-2BR/1BA and 2-1BR/1BA's. Three separate buildings. All separately metered. All cash preferred but will consider financed offers with a large down payment.

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 02/14/2020

Last Buyer's Agent

Dale Handley

Town'N Country Realty License #01280498 Listed on: 02/14/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 6,608 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,000

Community Details

Overview

  • 1,425 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Utility Expense $1,500
  • Trash Expense $1,200
  • Operating Expense $11,338
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

6,608 Sq Ft Lot

Listing Details

  • Zoning: R-L 5.5
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1425
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 1425
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Uncovered Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1517
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6610.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6610.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.71
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1500
  • Expense Maintenance: 1500
  • Expenses Total: 11338
  • Expenses Utility: 1500
  • Expense Trash: 1200
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: 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
Feb 14, 2020
Closed on
Apr 15, 2020
Sold by
Bought by
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
Dale Handley
Town'N Country Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
0.0387%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jun 24, 2014
Sold by
Bought by
Seller's Agent
Ric Morrison
Coldwell Banker Realty
Buyer's Agent
Omar Bitar
Executive Estates, Inc
List Price
$179,000
Sold Price
$205,000
Premium/Discount to List
$26,000
14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Bought by
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
$475,000 Chicago Title Company
$205,000 First American Title Company
-- Attorney
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 $332,000
Closed $332,500
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 Prior Sale
04/22/2020 04/22/20 Sold $475,000 +5.6% $333 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $449,900 -9.8% $316 / Sq Ft
02/14/2020 02/14/20 For Sale $499,000 +143.4% $350 / Sq Ft
07/10/2014 07/10/14 Sold $205,000 +14.5% $144 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $179,000 -- $126 / 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 $6,841 $519,477 $284,345 $235,132
2024 $6,841 $509,292 $278,770 $230,522
2023 $6,716 $499,306 $273,304 $226,002
2022 $6,044 $489,517 $267,946 $221,571
2021 $6,048 $479,920 $262,693 $217,227
2020 $2,935 $229,777 $123,296 $106,481
2019 $3,021 $225,273 $120,879 $104,394
2018 $2,847 $220,857 $118,509 $102,348
2017 $2,954 $216,528 $116,186 $100,342
2016 $2,804 $212,283 $113,908 $98,375
2015 $2,780 $209,095 $112,197 $96,898
2014 $608 $42,311 $15,122 $27,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81782659

MLSListings

APN: 004-442-001

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