NOT LISTED FOR SALE

636 Ambrose Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $890,000 - $1,065,000

5 Beds
4 Baths
2,069 Sq Ft
$458/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2023

Last sale price $921,000 $445 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,054 / mo

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of September 2023

Elevate your portfolio with this stellar duplex in South Salinas, a perfect opportunity for investors seeking robust returns or an owner/occupant wanting additional rental income. With a convenient 800 sq. ft. front unit consisting of 2 bedrooms and 1.5 baths, and a spacious 1,267 sq. ft. back unit featuring 3 bedrooms, 2 baths, and a cozy fireplace, it's an enticing prospect! Each unit includes a single-car garage and washer/dryer hookups, ensuring comfort and practicality. Nestled on a quiet street in an established neighborhood, with schools within walking distance, this property blends tranquility and convenience. Priced at $895K, this duplex promises a rewarding investment. Seize this South Salinas opportunity today!

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 07/20/2023

Last Buyer's Agent

Eric Phelps

Corral De Tierra Realty License #01195180

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,800 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,069 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $64,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Utility Expense $2,000
  • Operating Expense $15,740
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

6,800 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2069
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2069
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 583

Lot Info

  • Lot Acres: 0.1561
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.81
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1500
  • Expenses Total: 15740
  • Expenses Utility: 2000
  • Income Annual Gross: 64800.00
  • Income Annual Rental: 64800
  • Income Gross Scheduled: 64800
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Utilities - Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating

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
Jul 20, 2023
Closed on
Aug 21, 2023
Sold by
Bought by
Seller's Agent
Dale Handley
Town'N Country Realty
Buyer's Agent
Eric Phelps
Corral De Tierra Realty
List Price
$895,000
Sold Price
$921,000
Premium/Discount to List
$26,000
2.91%
Views
53
Current Estimated Value
$947,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,136
Avg. Annual Appreciation
0.98%
Original Mortgage
$421,000
Interest Rate
0.0678%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Bought by

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1999
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
$921,000 Chicago Title
-- None Available
$365,000 Old Republic Title Company
-- --
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 $421,000
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
09/05/2023 09/05/23 Sold $921,000 +2.9% $445 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $895,000 -- $433 / 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 $10,730 $939,420 $382,500 $556,920
2024 $10,730 $921,000 $375,000 $546,000
2023 $5,230 $921,000 $375,000 $546,000
2022 $5,035 $443,963 $121,630 $322,333
2021 $4,837 $435,259 $119,246 $316,013
2020 $4,704 $430,797 $118,024 $312,773
2019 $4,671 $422,351 $115,710 $306,641
2018 $4,613 $414,071 $113,442 $300,629
2017 $4,617 $405,953 $111,218 $294,735
2016 $4,621 $397,994 $109,038 $288,956
2015 $4,661 $392,017 $107,401 $284,616
2014 $4,348 $384,339 $105,298 $279,041
Source: Public Records

Agents Affiliated with this Home

  • Dale Handley

    Seller's Agent in 2023

    Dale Handley

    Town'N Country Realty

    (831) 424-0001

    32 in this area

    96 Total Sales

    Dale Handley
    Section Image
  • Eric Phelps

    Buyer's Agent in 2023

    Eric Phelps

    Corral De Tierra Realty

    (831) 484-8100

    11 in this area

    56 Total Sales

    Eric Phelps
    Section Image
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Map

Source: MLSListings

MLS Number: ML81935626

MLSListings

APN: 016-086-019-000

California Monterey County Salinas 93901 South Salinas

636 Ambrose Dr, Salinas, CA

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