NOT LISTED FOR SALE

Estimated Value: $547,000 - $736,000

4 Beds
2 Baths
1,536 Sq Ft
$424/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $167,250 $109 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $3,751/month

49 Days on Market

Highlights

  • Floor Furnace
  • 1-Story Property
  • 2-minute walk to Central Park
  • Vinyl Flooring

About This Home

As of August 2012

Two units, each 2 bedroom/1 bath with a 1 car garage. Walking distance to park and close to schools.

Last Agent to Sell the Property

Suzanne Plascencia

Atlas Premier Properties License #01436390 Listed on: 06/15/2012

Last Buyer's Agent

Mina Fernandez

Atlas Premier Properties License #01309168

Atlas Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,415

Year Built

  • 1932

Lot Details

  • 4,008

Parking

  • Private Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $1,200

Community Details

Overview

  • 1,536 Sq Ft Building

Building Details

  • Operating Expense $3,411
  • Gross Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,415

Year Built

1932

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Duplex
  • Age: 80
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 108.89
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Living Sq Ft: 1536
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Salinas Union High
  • High School: Salinas High
  • High School: 583

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4000.00
  • Lot Size Area Min Search: 4000.00
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 137.50

Multi Family

  • Expenses Total: 3411
  • Expense Water Sewer: 850
  • Income Annual Gross: 600.00
  • Income Annual Rental: 1200
  • Income Gross Scheduled: 1200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Vacancy Factor, Miscellaneous/Other
  • Vacancy Amount: 600
  • Vacancy Factor: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Aug 20, 2012
Sold by
U S Bank National Association
Bought by
Vaninetti David
Seller's Agent
Suzanne Plascencia
Atlas Premier Properties
Buyer's Agent
Mina Fernandez
Atlas Premier Properties
List Price
$165,000
Sold Price
$167,250
Premium/Discount to List
$2,250
1.36%
Current Estimated Value
$651,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,321
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Hernandez Joseph and Hernandez Tammy B
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 2, 2006
Sold by
Hernandez Joseph and Hernandez Tammy B
Bought by
Hernandez Joseph and Hernandez Tammy B

Purchase Details

Closed on
Apr 17, 2002
Sold by
Amos Clarence W and Amos Sarah P
Bought by
Hernandez Joseph and Hernandez Tammy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Vaninetti David $167,500 First American Title
U S Bank National Association $275,987 None Available
Hernandez Joseph -- None Available
Hernandez Joseph -- None Available
Hernandez Joseph $212,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Joseph $40,000
Previous Owner Hernandez Joseph $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $167,250 +1.4% $109 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $165,000 -- $107 / 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 $2,415 $205,943 $73,880 $132,063
2024 $2,415 $201,906 $72,432 $129,474
2023 $2,334 $197,948 $71,012 $126,936
2022 $2,243 $194,068 $69,620 $124,448
2021 $2,156 $190,263 $68,255 $122,008
2020 $2,097 $188,313 $67,556 $120,757
2019 $2,078 $184,622 $66,232 $118,390
2018 $2,050 $181,003 $64,934 $116,069
2017 $2,052 $177,455 $63,661 $113,794
2016 $2,053 $173,976 $62,413 $111,563
2015 $2,071 $171,364 $61,476 $109,888
2014 $1,934 $168,008 $60,272 $107,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81222714

MLSListings

APN: 002-133-012-000