NOT LISTED FOR SALE
3 Beds
2 Baths
1,226 Sq Ft
7,200 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $367,500 $300 Per Sq Ft

97 Days on Market

About This Home

As of January 2019

2 small detached homes. Front home is 2 bedrooms and 1 bath. Rear home is 1 bedroom and 1 bath. The owner did a significant amount of maintenance this past year. Both homes are currently rented. Perfect investment property, perfect extended family property or live in one home and rent the other.

Last Agent to Sell the Property

Colleen Yaklich

Shankle Real Estate License #01001845 Listed on: 08/27/2018

Shankle Real Estate

Last Buyer's Agent

Hap Albers

Albers Real Estate Investment Company License #01006595

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • 7,200

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Off-Site Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,200 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $30,900

Community Details

Overview

  • 1,226 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,170
  • Insurance Expense $400
  • Maintenance Expense $3,155
  • Manager Expense $2,068
  • Utility Expense $1,256
  • Trash Expense $169
  • Operating Expense $8,218
  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

0

Parking

1

Listing Details

  • Zoning: RL 5.5
  • Subclass: Duplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1226
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 1226
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Carport, Detached Garage, Off-Site Parking
  • Carport Min: 1

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.91
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 400
  • Expense Landscape: 1170
  • Expense Maintenance: 3155
  • Expense Management: 2068
  • Expenses Total: 8218
  • Expenses Utility: 1256
  • Expense Trash: 169
  • Income Annual Gross: 30900.00
  • Income Annual Rental: 30900
  • Income Gross Scheduled: 30900
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $367,500 -7.9% $300 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/07/2018 11/07/18 Price Changed $399,000 -3.9% $325 / Sq Ft
08/27/2018 08/27/18 For Sale $415,000 -- $338 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81720646

MLSListings

APN: 004-442-022