NOT LISTED FOR SALE

614 Wilson St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $684,000 - $834,000

4 Beds
2 Baths
1,856 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2020

Last sale price $575,000 $310 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,694 / mo

7 Days on Market

About This Home

As of October 2020

Property has been a successful income property for years. It is professionally managed a great investment property of could be a great home to live in one or both units in a nice area!

Last Agent to Sell the Property

Thomas Linthicum

Tom Linthicum RE Company License #00833540 Listed on: 10/04/2020

Last Buyer's Agent

Alfred Ramirez

Ramirez Properties License #01095452

Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,098 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $32,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $880
  • Insurance Expense $1,045
  • Maintenance Expense $1,000
  • Manager Expense $3,260
  • Other Expense $1,000
  • Utility Expense $609
  • Operating Expense $8,201
  • Gross Income $32,600

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RM2.9
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1856
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Living Sq Ft: 1856
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

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

Lot Info

  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.84
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1045
  • Expense Landscape: 880
  • Expense Maintenance: 1000
  • Expense Management: 3260
  • Expenses Other: 1000
  • Expenses Total: 8201
  • Expenses Utility: 609
  • Income Annual Gross: 32600.00
  • Income Annual Rental: 32600
  • Income Gross Scheduled: 32600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance - Capital Improvements
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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
Oct 4, 2020
Closed on
Oct 21, 2020
Sold by
Bought by
Seller's Agent
Thomas Linthicum
Tom Linthicum RE Company
Buyer's Agent
Alfred Ramirez
Ramirez Properties
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$763,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,340
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Dec 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2016
Sold by
Bought by
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
$575,000 Chicago Title Company
-- None Available
-- None Available
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
10/29/2020 10/29/20 Sold $575,000 +4.7% $310 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $549,000 -- $296 / 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 $7,145 $622,397 $324,729 $297,668
2024 $7,145 $610,194 $318,362 $291,832
2023 $6,904 $598,230 $312,120 $286,110
2022 $6,645 $586,500 $306,000 $280,500
2021 $6,384 $575,000 $300,000 $275,000
2020 $5,569 $510,000 $300,000 $210,000
2019 $809 $68,388 $22,777 $45,611
2018 $794 $67,048 $22,331 $44,717
2017 $795 $65,735 $21,894 $43,841
2016 $795 $64,447 $21,465 $42,982
2015 $801 $63,480 $21,143 $42,337
2014 $751 $62,237 $20,729 $41,508
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Linthicum

    Tom Linthicum RE Company

  • Alfred Ramirez

    Buyer's Agent in 2020

    Alfred Ramirez

    Ramirez Properties

    (831) 443-1515

    10 in this area

    87 Total Sales

    Alfred Ramirez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81814096

MLSListings

APN: 002-091-012-000

California Monterey County Salinas 93901 South Salinas

614 Wilson St, Salinas, CA

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