NOT LISTED FOR SALE

Estimated Value: $822,000 - $1,233,000

3 Beds
3 Baths
2,564 Sq Ft
$372/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2017

Last sale price $770,000 $300 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,153 / mo

370 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Spanish Architecture
  • Balcony
  • Laundry Room

About This Home

As of June 2017

Circa 1936 Spanish Style home plus guesthouse in the coveted Maple Park neighborhood of South Salinas. The main house was taken down to the studs in 2007 and completely remodeled. The workmanship is impeccable and it shows in this home. Guesthouse was built in the same fashion to compliment the original home and was completed in March 2016 Main house consists of 1,814 sq. ft. 2 bedroom plus office (optional 3rd bedroom), 2 full baths; finished basement with laundry, which would also be an excellent wine cellar for the wine enthusiast. Backyard court yard/ Patio complete with covered BBQ area and a 2-car garage. The legal 2nd dwelling unit is a 1 bed 1 bath unit, full kitchen, indoor laundry and is 750 sq. ft. with patio off living room. 2nd dwelling unit is currently being rented for $1,750 per month and current tenant is on a 1-year lease that expires at the end of March. Sq. footage provided by seller and has not been verified by agent basement is not included in total sq. footage.

Last Agent to Sell the Property

Michelle Russell

Shankle Real Estate License #01944339 Listed on: 05/01/2016

Shankle Real Estate

Co-Listed By

Jason Montgomery

Shankle Real Estate License #01519124

Last Buyer's Agent

Peggy Jones

The Jones Group-Coast & Country Real Estate License #01299648

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 9,017 Sq Ft Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property
  • Alarm System
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $55,800

Community Details

Overview

  • 2,564 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Operating Expense $11,689
  • Gross Income $55,242

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

9,017 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Duplex
  • Style: Spanish
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2564
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 2564
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Rolled Composition, Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2070
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8999.50
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8999.50

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.32
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 500
  • Expenses Total: 11689
  • Income Annual Gross: 55242.00
  • Income Annual Rental: 55800
  • Income Gross Scheduled: 55800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Bought by
Current Estimated Value
$953,422

Purchase Details

Closed on
Nov 8, 2018
Sold by
Bought by

Purchase Details

Listed on
May 1, 2016
Closed on
Jun 14, 2017
Sold by
Bought by
Seller's Agent
Michelle Russell
Shankle Real Estate
Buyer's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
List Price
$864,725
Sold Price
$770,000
Premium/Discount to List
-$94,725
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$616,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Salinas, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Available
$770,000 Chicago Title Company
$420,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $616,000
Previous Owner $150,000
Previous Owner $620,000
Previous Owner $63,000
Previous Owner $74,600
Previous Owner $410,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $770,000 -3.6% $300 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
03/15/2017 03/15/17 Price Changed $799,000 -5.4% $312 / Sq Ft
11/14/2016 11/14/16 Price Changed $845,000 -1.7% $330 / Sq Ft
10/23/2016 10/23/16 Price Changed $860,000 -0.5% $335 / Sq Ft
10/17/2016 10/17/16 For Sale $864,725 0.0% $337 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $864,725 -0.6% $337 / Sq Ft
08/26/2016 08/26/16 Price Changed $869,725 -1.1% $339 / Sq Ft
08/15/2016 08/15/16 Price Changed $879,000 -2.2% $343 / Sq Ft
07/21/2016 07/21/16 Price Changed $899,000 -2.8% $351 / Sq Ft
05/01/2016 05/01/16 For Sale $925,000 -- $361 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,059 $911,517 $355,136 $556,381
2025 $10,120 $893,645 $348,173 $545,472
2024 $10,120 $876,124 $341,347 $534,777
2023 $9,777 $858,946 $334,654 $524,292
2022 $9,413 $842,105 $328,093 $514,012
2021 $9,040 $825,594 $321,660 $503,934
2020 $8,788 $817,129 $318,362 $498,767
2019 $8,728 $801,108 $312,120 $488,988
2018 $8,619 $785,400 $306,000 $479,400
2017 $5,834 $515,000 $287,000 $228,000
2016 $5,794 $501,000 $279,000 $222,000
2015 $4,721 $398,000 $261,000 $137,000
2014 $3,820 $338,000 $221,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81593298

MLSListings

APN: 002-533-001-000

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