NOT LISTED FOR SALE

611 Mae Ave Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $473,438 - $676,000

4 Beds
2 Baths
1,417 Sq Ft
$408/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $200,000 $141 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,352/month

25 Days on Market

About This Home

As of August 2012

GREAT INVESTMENT OPPORTUNITY OR LIVE IN ONE AND RENT THE OTHER. MOVE IN READY, NICE FLOOR PLAN, NEW PAINT, NEW CARPET, LAMINATE FLOORS, GRANITE COUNTER TOPS, NEW KITCHEN CABINETS, AND MUCH MORE.

Last Agent to Sell the Property

Daisy Chavarria

Patricia Quintero Real Estate License #01848202 Listed on: 07/23/2012

Patricia Quintero Real Estate

Last Buyer's Agent

Daisy Chavarria

Patricia Quintero Real Estate License #01848202 Listed on: 07/23/2012

Patricia Quintero Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,268

Year Built

  • 1948

Lot Details

  • 6,621

Parking

  • Covered Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,417 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • 1,417 Sq Ft Building

Building Details

  • Operating Expense $2,097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,268

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: RES
  • Subclass: Duplex
  • Age: 64
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 141.14
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1417
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Varies By Unit, Oven Range
  • Living Sq Ft: 1417
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet - Area, Laminate, Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle, Composition

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6600.00
  • Lot Size Area Min Search: 6600.00
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 2097
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 31, 2012
Sold by
Gill Balraj
Bought by
Gill Mangal
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Daisy Chavarria
Patricia Quintero Real Estate
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$578,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,110
Avg. Annual Appreciation
8.62%

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 29, 2012
Sold by
Gill Mangal
Bought by
Gill Mangal and Gill Shaun
Seller's Agent
Daisy Chavarria
Patricia Quintero Real Estate
Buyer's Agent
Daisy Chavarria
Patricia Quintero Real Estate
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%

Purchase Details

Closed on
May 17, 2012
Sold by
Newport Investments Llc
Bought by
Jjio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Newport Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2011
Sold by
Gudino David and Garcia Eloina
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
May 21, 2001
Sold by
Luna Gabriel and Luna Anna Maria
Bought by
Gudino David and Garcia Eloina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Gill Mangal -- First American Title Company
Gill Mangal -- First American Title Company
Gill Mangal $200,000 First American Title Company
Jjio Llc $104,500 Fidelity National Title
Newport Investments Llc $91,500 Fidelity National Title Co
Bac Home Loans Servicing Lp $543,012 First American Title Company
Gudino David -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Mangal $181,000
Closed Gill Mangal $175,000
Previous Owner Newport Investments Llc $104,500
Previous Owner Gudino David $432,800
Previous Owner Gudino David $178,898
Previous Owner Gudino David $20,000
Previous Owner Gudino David $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $200,000 +0.5% $141 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $199,000 -- $140 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $3,268 $246,274 $61,567 $184,707
2024 $3,268 $241,446 $60,360 $181,086
2023 $3,208 $236,713 $59,177 $177,536
2022 $2,889 $232,072 $58,017 $174,055
2021 $2,890 $227,523 $56,880 $170,643
2020 $2,859 $225,191 $56,297 $168,894
2019 $2,948 $220,777 $55,194 $165,583
2018 $2,780 $216,449 $54,112 $162,337
2017 $2,885 $212,205 $53,051 $159,154
2016 $2,738 $208,045 $52,011 $156,034
2015 $2,714 $204,921 $51,230 $153,691
2014 $2,617 $200,908 $50,227 $150,681
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Daisy Chavarria

    Patricia Quintero Real Estate

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Map

Source: MLSListings

MLS Number: ML81227515

MLSListings

APN: 004-432-031-000

California Monterey County Salinas 93905 East Salinas

611 Mae Ave, Salinas, CA

This home is located at 611 Mae Ave, Salinas, CA 93905 since 23 July 2012 and is currently estimated at $578,110, approximately $407 per square foot. This property was built in 1948. 611 Mae Ave is a home located in Monterey County with nearby schools including Alisal Community, La Paz Middle School, and Alisal High School.

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