Seller's Agent in 2021
Debra Ann Demos
eXp Realty of California Inc
(831) 818-9137
20 Total Sales
835 S Main St Salinas, CA 93901
South Salinas NeighborhoodEstimated Value: $1,034,695
4
Beds
3
Baths
5,208
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Downtown View
- High Ceiling
- Storage Room
- Wood Flooring
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of April 2021Location Location!! Sweet South Salinas Mix-Use Building with 9 private parking spaces and detached 2 car garage/storage. Existing 4 bedrooms 1 bath unit on the second floor with potential for building four apartments per the City of Salinas. Existing leases in place and rents on time. Annual Gross Income $65,784. The Cap Rate at $860,000. is 5.33%. based on the seller's financials. Great central location with excellent store frontage. Financing available for this commercial/residential property.
Last Agent to Sell the Property
eXp Realty of California Inc License #01104266 Listed on: 08/07/2020
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Year Built
- 1937
Lot Details
- 8,411 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Assigned Parking
Property Views
- Downtown
- Mountain
Home Design
- Wood Frame Construction
- Rolled or Hot Mop Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,208 Sq Ft Home
- 2-Story Property
- High Ceiling
- Storage Room
- Washer and Dryer
- Gas Cooktop
Flooring
- Wood
- Vinyl
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $65,784
- 3 Year Lease Term
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $200
- Insurance Expense $600
- Maintenance Expense $1,000
- Manager Expense $4,992
- Other Expense $1,000
- Utility Expense $600
- Trash Expense $800
- Operating Expense $19,942
- Gross Income $65,784
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
Listed on
Aug 7, 2020
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Debra Ann Demos
eXp Realty of California Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$835,000
Sold Price
$860,000
Premium/Discount to List
$25,000
2.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,695
Avg. Annual Appreciation
3.61%
Original Mortgage
$602,000
Outstanding Balance
$543,533
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$491,162
Purchase Details
Closed on
Feb 13, 2018
Sold by
Bought by
Purchase Details
Closed on
Dec 22, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 12, 2017
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 2017
Sold by
Bought by
Purchase Details
Closed on
Mar 25, 2013
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $860,000 | Chicago Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
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 |
|---|---|---|---|
| Open | $602,000 |
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 |
|---|---|---|---|---|
| 04/19/2021 04/19/21 | Sold | $860,000 | 0.0% | $165 / Sq Ft |
| 01/26/2021 01/26/21 | Price Changed | $860,000 | +3.0% | $165 / Sq Ft |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $835,000 | -- | $160 / 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 |
|---|---|---|---|---|
| 2025 | $10,797 | $932,230 | $378,850 | $553,380 |
| 2024 | $10,797 | $912,638 | $371,422 | $541,216 |
| 2023 | $10,436 | $894,744 | $364,140 | $530,604 |
| 2022 | $10,049 | $877,200 | $357,000 | $520,200 |
| 2021 | $8,577 | $860,000 | $350,000 | $510,000 |
| 2020 | $8,342 | $755,630 | $312,120 | $443,510 |
| 2019 | $8,285 | $740,840 | $306,000 | $434,840 |
| 2018 | $8,178 | $726,340 | $300,000 | $426,340 |
| 2017 | $3,972 | $337,772 | $127,337 | $210,435 |
| 2016 | $3,972 | $331,177 | $124,841 | $206,336 |
| 2015 | $4,006 | $326,223 | $122,966 | $203,257 |
| 2014 | $3,746 | $319,860 | $120,558 | $199,302 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Ann Demos
-
R
Buyer's Agent in 2021
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81804931
APN: 002-534-032-000
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