NOT LISTED FOR SALE

644 Ambrose Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $853,076 - $982,000

5 Beds
4 Baths
2,000 Sq Ft
$453/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $442,000 $221 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,323/month

16 Days on Market

Highlights

  • RV Access or Parking
  • Wall to Wall Carpet
  • 1-Story Property
  • Neighborhood Views

About This Home

As of December 2013

Fantastic opportunity to own a piece of South Salinas! Great duplex - 3bd/2ba + 2bd/2ba, each unit has single car garage, washer/dryer hookups, newer roof, side fencing recently replaced. Quiet street in established neighborhood. Don't miss this opportunity!!

Last Agent to Sell the Property

Chantel Henson

Vanco Real Estate Executives License #01271580 Listed on: 10/27/2013

Last Buyer's Agent

Eric Phelps

Corral De Tierra Realty License #01195180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,215

Year Built

  • 1965

Lot Details

  • 6,795

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Parking

  • Private Parking
  • On-Street Parking
  • RV Access or Parking

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $27,600
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,000 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Manager Expense $2,760
  • Operating Expense $5,046
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,215

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 48
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 221.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 2000
  • Stories: 1
  • Laundry: Laundry Area - In All Units, In Garage
  • Flooring: Carpet - Wall To Wall

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6800.00
  • Lot Size Area Min Search: 6800.00
  • Maximum Lot Size: 6800.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 17.21

Multi Family

  • Expense Insurance: 1200
  • Expense Management: 2760
  • Expenses Total: 5046
  • Income Annual Gross: 27600.00
  • Income Annual Rental: 27600
  • Income Gross Scheduled: 27600
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Fee - Property Management
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2013
Closed on
Dec 5, 2013
Sold by
Cacas Haydee Miranda and 1996 Cacas Revocable Trust
Bought by
Ornelas Francisco X and Ornelas Olinda F
Seller's Agent
Chantel Henson
Vanco Real Estate Executives
Buyer's Agent
Eric Phelps
Corral De Tierra Realty
List Price
$475,000
Sold Price
$442,000
Premium/Discount to List
-$33,000
-6.95%
Current Estimated Value
$906,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,269
Avg. Annual Appreciation
6.25%
Original Mortgage
$318,750
Outstanding Balance
$237,490
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$668,779
Source: Public Records

Range of Values:

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Average Value
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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
Ornelas Francisco X $442,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Francisco X $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2013 12/12/13 Sold $442,000 -6.9% $221 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
10/27/2013 10/27/13 For Sale $475,000 -- $238 / 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 $6,215 $541,821 $153,227 $388,594
2024 $6,215 $531,198 $150,223 $380,975
2023 $6,006 $520,783 $147,278 $373,505
2022 $5,783 $510,573 $144,391 $366,182
2021 $5,556 $500,562 $141,560 $359,002
2020 $5,402 $495,430 $140,109 $355,321
2019 $5,365 $485,716 $137,362 $348,354
2018 $5,298 $476,193 $134,669 $341,524
2017 $5,303 $466,857 $132,029 $334,828
2016 $5,307 $457,704 $129,441 $328,263
2015 $5,354 $450,830 $127,497 $323,333
2014 $4,994 $442,000 $125,000 $317,000
Source: Public Records

Agents Affiliated with this Home

  • Chantel Henson

    Seller's Agent in 2013

    Chantel Henson

    Vanco Real Estate Executives

    (831) 809-4100

    12 in this area

    124 Total Sales

    Chantel Henson
    Section Image
  • Eric Phelps

    Buyer's Agent in 2013

    Eric Phelps

    Corral De Tierra Realty

    (831) 484-8100

    10 in this area

    59 Total Sales

    Eric Phelps
    Section Image
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Map

Source: MLSListings

MLS Number: ML81339214

MLSListings

APN: 016-086-020-000

California Monterey County Salinas 93901 South Salinas

644 Ambrose Dr, Salinas, CA

This home is located at 644 Ambrose Dr, Salinas, CA 93901 since 27 October 2013 and is currently estimated at $906,269, approximately $453 per square foot. This property was built in 1965. 644 Ambrose Dr is a home located in Monterey County with nearby schools including Mission Park Elementary School, University Park Elementary School, and Lincoln Elementary School.

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