NOT LISTED FOR SALE

72 Villa St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $731,034 - $1,006,000

5 Beds
3 Baths
2,170 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $371,000 $171 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,965/month

166 Days on Market

Highlights

  • Tile Flooring
  • 1-Story Property
  • 3-minute walk to Central Park
  • Forced Air Heating System

About This Home

As of April 2014

Investors dream! The front house is a beautiful bungalow-style with 3 beds, 2 baths plus bonus room featuring a new kitchen with granite countertops, new windows, updated bathrooms, fresh interior and exterior paint, and a new roof! Back unit is 2/1 with all new kitchen, bathroom, paint, plumbing and light fixtures. Seller will provide an appliance voucher for installation of stove & d/w at COE

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 10/04/2013

Last Buyer's Agent

Robert Balina

Synergize Realty License #01263881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • 1905

Lot Details

  • 6,490

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Parking

  • Covered Parking
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200

Community Details

Overview

  • 2,170 Sq Ft Building

Building Details

  • Operating Expense $3,042
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

1905

Lot Details

0

Listing Details

  • Zoning: r2
  • Subclass: Duplex
  • Age: 109
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 170.97
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2170
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Living Sq Ft: 2170
  • Stories: 1
  • Laundry: Laundry Area - In Unit
  • Flooring: Tile, Laminate, Carpet - Wall To Wall

Exterior Features

  • Roof: Shingle, Composition

Garage/Parking

  • Garage Parking Features: Common Parking Area, Uncovered Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air
  • 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: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6500.00
  • Lot Size Area Min Search: 6500.00
  • Maximum Lot Size: 6500.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.86

Multi Family

  • Expenses Total: 3042
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Lujan Bernardo and Lujan Angela
Bought by
Lujan Bernardo and Lujan Angela
Current Estimated Value
$831,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$229,934
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$559,908

Purchase Details

Listed on
Oct 4, 2013
Closed on
Apr 25, 2014
Sold by
Wedgewood Reo I Llc
Bought by
Lujan Bernardo R and Lujan Angela
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Robert Balina
Synergize Realty
List Price
$389,900
Sold Price
$371,000
Premium/Discount to List
-$18,900
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$278,250
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Granite Ranch Opportunities Llc
Bought by
Wedgewood Reo I Llc

Purchase Details

Closed on
Feb 21, 2013
Sold by
Contreras Santiago and Contreras Maria Rosalia
Bought by
Granite Ranch Opportunities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2008
Sold by
Contreras Santiago and Contreras Maria Rosalia
Bought by
Contreras Santiago

Purchase Details

Closed on
Oct 27, 2005
Sold by
Contreras Santiago and Contreras Maria Rosalia
Bought by
Contreras Santiago and Contreras Maria Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1995
Sold by
Mill Thomas D and Mill Thomas H
Bought by
Contreras Santiago and Contreras Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
8.9%
Source: Public Records

Range of Values:

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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
Lujan Bernardo -- Fidelity National Title Co
Lujan Bernardo R $371,000 Fidelity National Title
Wedgewood Reo I Llc -- Accommodation
Granite Ranch Opportunities Llc $237,000 None Available
Contreras Santiago -- None Available
Contreras Santiago -- Old Republic Title
Contreras Santiago $183,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lujan Bernardo $256,500
Closed Lujan Bernardo R $278,250
Previous Owner Granite Ranch Opportunities Llc $0
Previous Owner Contreras Santiago $374,400
Previous Owner Contreras Santiago $140,000
Previous Owner Contreras Santiago $153,000
Previous Owner Contreras Santiago $146,400
Closed Contreras Santiago $18,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $371,000 -4.8% $171 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $389,900 -- $180 / 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 $5,236 $454,782 $165,484 $289,298
2024 $5,236 $445,866 $162,240 $283,626
2023 $5,061 $437,124 $159,059 $278,065
2022 $4,872 $428,554 $155,941 $272,613
2021 $4,681 $420,152 $152,884 $267,268
2020 $4,551 $415,845 $151,317 $264,528
2019 $4,519 $407,692 $148,350 $259,342
2018 $4,462 $399,699 $145,442 $254,257
2017 $4,466 $391,863 $142,591 $249,272
2016 $4,470 $384,181 $139,796 $244,385
2015 $4,509 $378,412 $137,697 $240,715
2014 $2,719 $238,075 $80,363 $157,712
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Polly Watts

    Sundae Homes

  • R

    Buyer's Agent in 2014

    Robert Balina

    Synergize Realty

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Map

Source: MLSListings

MLS Number: ML81336623

MLSListings

APN: 002-122-022-000

California Monterey County Salinas 93901 South Salinas

72 Villa St, Salinas, CA

This home is located at 72 Villa St, Salinas, CA 93901 since 04 October 2013 and is currently estimated at $831,259, approximately $383 per square foot. This property was built in 1905. 72 Villa St is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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