NOT LISTED FOR SALE

650 Elm Ave Seaside, CA 93955

Estimated Value: $720,891 - $879,000

3 Beds
2 Baths
1,302 Sq Ft
$608/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $410,000 $315 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,634/month

18 Days on Market

Highlights

  • 1 Car Detached Garage
  • Double Pane Windows
  • Carpet
  • Monterey High School Rated A
  • Tile Countertops
  • Heating Available

About This Home

As of April 2015

Adorable Duplex, completely redone, including but not limited to roof, electrical, hot water heater, heater, flooring and more! Great income potential. Close to everything. Must see to appreciate. Front unit is a 2 bedroom 1 bath. Has attic storage. Back unit is a studio. Car Port, Detached Garage, front and back yard.

Last Agent to Sell the Property

Ben Beesley

Keller Williams Realty License #01362347 Listed on: 02/04/2015

Keller Williams Realty

Last Buyer's Agent

Annie Giammanco

International Estates, Inc. License #00998517

International Estates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,280

Year Built

  • 1930

Lot Details

  • 4,008

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,302 Sq Ft Home
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Utilities

  • Heating Available
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $28,000

Community Details

Overview

  • 1,302 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,298
  • Manager Expense $400
  • Other Expense $660
  • Operating Expense $7,478
  • Gross Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,280

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 85
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1302
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile
  • Living Sq Ft: 1302
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, On Street
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 15.68
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1298
  • Expense Landscape: 720
  • Expense Management: 400
  • Expenses Other: 660
  • Expenses Total: 7478
  • Income Annual Gross: 28000.00
  • Income Annual Rental: 28000
  • Income Gross Scheduled: 28000
  • Income Includes: Parking
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Zucca Veronica
Bought by
Zucca Rodolfo and Zucca Veronica R
Current Estimated Value
$790,973

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 27, 2015
Sold by
Zucca Rodolfo
Bought by
Zucca Veronica
Seller's Agent
Ben Beesley
Keller Williams Realty
Buyer's Agent
Annie Giammanco
International Estates, Inc.
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$252,000
Outstanding Balance
$90,513
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$700,460

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 23, 2015
Sold by
Anderson Robert J and Anderson Rita L
Bought by
Zucca Veronica
Seller's Agent
Ben Beesley
Keller Williams Realty
Buyer's Agent
Annie Giammanco
International Estates, Inc.
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$90,513
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$700,460
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
Zucca Rodolfo -- None Available
Zucca Veronica -- Old Republic Title Company
Zucca Veronica $414,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zucca Veronica $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $410,000 -6.6% $315 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $439,000 -- $337 / 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 $5,280 $497,560 $240,367 $257,193
2024 $5,280 $487,804 $235,654 $252,150
2023 $5,280 $478,240 $231,034 $247,206
2022 $5,208 $468,863 $226,504 $242,359
2021 $5,133 $459,670 $222,063 $237,607
2020 $4,941 $454,958 $219,787 $235,171
2019 $5,182 $446,038 $215,478 $230,560
2018 $4,977 $437,293 $211,253 $226,040
2017 $4,612 $428,719 $207,111 $221,608
2016 $4,531 $420,313 $203,050 $217,263
2015 $1,086 $92,937 $33,791 $59,146
2014 $1,069 $91,118 $33,130 $57,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81449401

MLSListings

APN: 011-321-005-000