NOT LISTED FOR SALE

717 Meyers Ct Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $601,000 - $662,665

5 Beds
3 Baths
1,650 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $559,000 $339 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,036/month

58 Days on Market

About This Home

As of March 2021

Well maintained Triplex. Front home is a 3 bedroom, 1 bath and the back unit is two 1 bedroom, 1 bath units with a carport between them. One of the back units have recently been updated. Do not disturb tenants. Long term tenants with below market rents. All offers subject to visual inspection. 715 Meyers Court next door is in escrow, seller is looking for concurrent close on both properties. Please do not disturb tenants! Roof recently replaced. Buyer and Buyers agent to verify property square footage.

Last Agent to Sell the Property

Gene Griffin

Backus Properties License #01003929 Listed on: 12/13/2020

Backus Properties

Last Buyer's Agent

Salud Pineda Padilla

HomeSmart PV & Associates License #01804230

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,929

Year Built

  • 1940

Lot Details

  • 5,741

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • 1 Carport Space
  • On-Street Parking

Additional Features

  • 5,741 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $31,200

Community Details

Overview

  • 1,650 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,666
  • Maintenance Expense $1,500
  • Utility Expense $2,361
  • Operating Expense $8,315
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,929

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 80
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1650
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 1650
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: On Street
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1318
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5743.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5743.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.24
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1666
  • Expense Maintenance: 1500
  • Expenses Total: 8315
  • Expenses Utility: 2361
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
Mar 21, 2021
Sold by
Haag Jeffery E and Haag Jeffery
Bought by
Quiroz Adrian and Cervantes Yesenia Quiroz
Seller's Agent
Gene Griffin
Backus Properties
Buyer's Agent
Salud Pineda Padilla
HomeSmart PV & Associates
List Price
$569,000
Sold Price
$559,000
Premium/Discount to List
-$10,000
-1.76%
Current Estimated Value
$635,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,916
Avg. Annual Appreciation
2.97%
Original Mortgage
$419,250
Outstanding Balance
$378,144
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$257,772

Purchase Details

Closed on
Jun 6, 2016
Sold by
Haag Jeffery E and Mc Vay Martha M
Bought by
Jeffery Haag & Martha Mc Vay Living Trus

Purchase Details

Closed on
Mar 13, 2013
Sold by
Velasco Mario and Velasco Graciela Reyna
Bought by
Haag Jeffery E and Mcvay Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
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
Quiroz Adrian $559,000 Chicago Title Company
Jeffery Haag & Martha Mc Vay Living Trus -- None Available
Haag Jeffery E -- None Available
Haag Jeffery E $227,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Adrian $419,250
Previous Owner Haag Jeffery E $231,000
Previous Owner Haag Jeffery E $110,000
Previous Owner Haag Jeffery E $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $559,000 -1.8% $339 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $569,000 0.0% $345 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/13/2020 12/13/20 For Sale $569,000 -- $345 / 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 $6,929 $605,077 $465,445 $139,632
2024 $6,929 $593,214 $456,319 $136,895
2023 $6,696 $581,583 $447,372 $134,211
2022 $6,447 $570,180 $438,600 $131,580
2021 $2,888 $559,000 $430,000 $129,000
2020 $2,809 $255,590 $168,894 $86,696
2019 $2,788 $250,580 $165,583 $84,997
2018 $2,751 $245,668 $162,337 $83,331
2017 $2,754 $240,852 $159,154 $81,698
2016 $2,755 $236,131 $156,034 $80,097
2015 $2,779 $232,585 $153,691 $78,894
2014 $2,594 $228,030 $150,681 $77,349
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gene Griffin

    Backus Properties

    Section Image

  • S

    Buyer's Agent in 2021

    Salud Pineda Padilla

    HomeSmart PV & Associates

    (408) 217-4159

    3 in this area

    35 Total Sales

    Salud Pineda Padilla
    Section Image
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Map

Source: MLSListings

MLS Number: ML81823137

MLSListings

APN: 004-093-027-000

California Monterey County Salinas 93905 East Salinas

717 Meyers Ct, Salinas, CA

This home is located at 717 Meyers Ct, Salinas, CA 93905 since 13 December 2020 and is currently estimated at $635,916, approximately $385 per square foot. This property was built in 1940. 717 Meyers Ct is a home located in Monterey County with nearby schools including Sherwood Elementary School, Los Padres Elementary School, and Washington Middle School.

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