NOT LISTED FOR SALE

630 E Market St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $779,349

2 Beds
1 Bath
2,008 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $699,900 $349 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,737/month

127 Days on Market

About This Home

As of December 2021

Cashflow opportunity! 3 separate buildings on 1 lot !!! One storefront that is currently vacant, with 1/2 bath and storage/garage behind, was most recently a juice bar and has excellent foot traffic. 1 apx. 400 sqft unit (pictured) that is newly updated and is a 1 br/1 bath + 1 car garage and huge low maintenance yards with plenty of space for parking! Unit 2 is about 800 sqft. (facing Market St and not pictured) is a 2 br/1 bath that is occupied and rents for $2000 per month!

Last Agent to Sell the Property

Mark Delano Vincent

Coldwell Banker Realty License #01436652 Listed on: 06/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Hector Navarro

Remax Property Experts License #02055079

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Lot Details

  • 8,255

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,008 Sq Ft Home
  • Ceiling Fan

Additional Features

  • 8,255 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $24,000

Community Details

Overview

  • 2,008 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

8,255 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: C
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Living Sq Ft: 2008

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Flat / Low Pitch

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1895
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8256.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8256.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.16
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 24000.00
  • Income Annual Rental: 24000
  • Income Gross Scheduled: 24000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Nov 18, 2021
Sold by
Champery Rental Reo Llc
Bought by
Perez Julio C Rodriquez
Seller's Agent
Mark Delano Vincent
Coldwell Banker Realty
Buyer's Agent
Hector Navarro
Remax Property Experts
List Price
$699,900
Sold Price
$699,900
Current Estimated Value
$779,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,449
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Castro John Raymond and Castro Rosary V
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
Jan 6, 2017
Sold by
Castro Rosary V
Bought by
Castro John Raymond

Purchase Details

Closed on
Mar 27, 2003
Sold by
Castro John Raymond
Bought by
Castro John Raymond and Castro Rosary V

Purchase Details

Closed on
Aug 29, 2002
Sold by
Castro Guevara Bertha and Castro Bertha Julia
Bought by
Castro John Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 1995
Sold by
Lopez Isidro
Bought by
Lopez Isidro and Lopez Hildelisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
8.32%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Perez Julio C Rodriquez $700,000 First American Title Company
Champery Rental Reo Llc $432,200 None Available
Castro John Raymond -- None Available
Castro John Raymond -- --
Castro John Raymond $120,000 Stewart Title
Castro John Raymond -- Stewart Title
Castro Guevara Bertha -- Stewart Title
Lopez Isidro -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro John Raymond $20,000
Previous Owner Lopez Isidro $107,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $699,900 0.0% $349 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $699,900 0.0% $349 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/24/2021 09/24/21 Off Market $699,900 -- --
09/07/2021 09/07/21 For Sale $699,900 0.0% $349 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $699,900 -- $349 / 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 $8,668 $742,738 $530,604 $212,134
2024 $8,668 $728,175 $520,200 $207,975
2023 $8,379 $713,898 $510,000 $203,898
2022 $8,064 $699,900 $500,000 $199,900
2021 $5,002 $699,900 $500,000 $199,900
2020 $4,866 $432,000 $259,140 $172,860
2019 $2,685 $148,539 $107,562 $40,977
2018 $2,582 $145,627 $105,453 $40,174
2017 $3,371 $142,773 $103,386 $39,387
2016 $2,508 $139,974 $101,359 $38,615
2015 $2,482 $137,872 $99,837 $38,035
2014 $1,611 $135,172 $97,882 $37,290
Source: Public Records

Agents Affiliated with this Home

  • Mark Delano Vincent

    Seller's Agent in 2021

    Mark Delano Vincent

    Coldwell Banker Realty

    (831) 295-3446

    2 in this area

    67 Total Sales

    Mark Delano Vincent
    Section Image
  • Hector Navarro

    Buyer's Agent in 2021

    Hector Navarro

    RE/MAX

    (831) 794-7795

    8 in this area

    55 Total Sales

    Hector Navarro
    Section Image
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Map

Source: MLSListings

MLS Number: ML81850405

MLSListings

APN: 004-033-001-000

California Monterey County Salinas 93905 East Salinas

630 E Market St, Salinas, CA

Not Listed for Sale

MultiFamily

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