NOT LISTED FOR SALE

896 Rider Ave Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $719,000 - $796,000

3 Beds
2 Baths
1,152 Sq Ft
$655/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $699,000 $607 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,699/month

16 Days on Market

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • Tile Flooring
  • Granite Countertops
  • Shed
  • Kitchen Island

About This Home

As of May 2023

Newley remodled down to the walls, R-19 insulations and new electrical wiring! This is an investors dream in the high income producing area of Salinas! Both 2 bedroom units are remodeled with new appliances, new granite counters, beautiful tile flooring and showers! Not to mention the lot size is big enough to add on to! With all the work being done, you just have to sit back and collect rent!

Last Agent to Sell the Property

Luz Scott

Century 21 Jordan-Link & Comp License #02010290 Listed on: 02/20/2023

Century 21 Jordan-Link & Comp

Last Buyer's Agent

Area Out Of

Out Of Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Wood Fence

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry Room

Kitchen

  • Stove
  • Gas Range
  • Kitchen Island
  • Granite Countertops

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 004321003000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: ResidentialIncome
  • Lot Size Acres: 0.3046
  • Directions: Head East on Market, North on Sanborn, turn left on Garner, and turn left on Rider. After Elm Dr. Access road will be on the left.
  • Building Stories: 1
  • Year Built: 1950
  • OFFICELIST_STATE: CALIFORNIA
  • WaterHeaterTypes: Gas
  • ADU1 Kitchen Features:ADU1 Refrigerator: No
  • ADU2 Kitchen Features:ADU2 Refrigerator: No
  • ADU1 Kitchen Features:ADU1 Stove: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Slab
  • Flooring: Tile Floors
  • Interior Amenities: Granite Countertops, Kitchen Island
  • Living Area: 1152.00
  • Foreclosure: No
  • Broker Approved: Yes
  • Reciprocal Listing: N
  • CommonGas: Other
  • Room Kitchen Features: Gas Range
  • Interior Layout: Two Buildings
  • U2Stove: Yes
  • U1WasherDryer: No
  • U2WasherDryer: No

Exterior Features

  • Pool Private: No
  • Exterior Features: Shed
  • Roof: Composition
  • Exterior: Stucco
  • Site Description: Irregular
  • Price Per Acre: 2294812.87
  • Price Per Square Foot: 606.77

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Laundry Features: Laundry Room, Each Unit
  • Cooling: None
  • Heating: Varies By Unit, Other
  • Electric: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Units in Building: Two

Lot Info

  • Lot Size Sq Ft: 13267.00
  • Parcel #: 004321003000
  • Zoning: Res

Rental Info

  • Tenant Pays: Other

Multi Family

  • Existing Lease Type: Net
  • Annual Gross Scheduled Income: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Mar 16, 2023
Sold by
Buenrostro Guerrero Vanessa
Bought by
Quinn Lorraine
Seller's Agent
Luz Scott
Century 21 Jordan-Link & Comp
Buyer's Agent
Area Out Of
Out Of Area
List Price
$689,999
Sold Price
$699,000
Premium/Discount to List
$9,001
1.3%
Current Estimated Value
$754,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,214
Avg. Annual Appreciation
2.86%
Original Mortgage
$524,250
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Gonzalez Leticia C
Bought by
Guerrero Vanessa Buenrostro

Purchase Details

Closed on
Jan 5, 2009
Sold by
Us Bank National Association
Bought by
Gonzalez Leticia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,800
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2007
Sold by
Alvarado Arturo O and Alvarado Yolanda
Bought by
Us Bank Na and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Feb 23, 2005
Sold by
Meza Hipolito R and Meza Leticia
Bought by
Alvarado Arturo O and Alvarado Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1997
Sold by
Fort Carrol E and Fort Shirley A
Bought by
Meza Hipolito R and Meza Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,925
Interest Rate
9.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quinn Lorraine $699,000 Stewart Title
Guerrero Vanessa Buenrostro $77,000 Chicago Title
Gonzalez Leticia C $115,000 First American Title Company
Us Bank Na $470,000 Accommodation
Alvarado Arturo O $485,000 Old Republic Title
Meza Hipolito R $100,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinn Lorraine $524,250
Previous Owner Gonzalez Leticia C $101,800
Previous Owner Alvarado Arturo O $436,500
Previous Owner Meza Hipolito R $74,925
Closed Meza Hipolito R $14,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $699,000 +1.3% $607 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $689,999 -- $599 / Sq Ft
Source: Kings County Board of REALTORS®

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 $9,524 $727,239 $322,524 $404,715
2024 $9,524 $712,980 $316,200 $396,780
2023 $6,977 $699,000 $310,000 $389,000
2022 $1,768 $139,537 $60,667 $78,870
2021 $2,639 $136,802 $59,478 $77,324
2020 $2,632 $135,401 $58,869 $76,532
2019 $2,611 $132,747 $57,715 $75,032
2018 $2,442 $130,145 $56,584 $73,561
2017 $2,473 $127,594 $55,475 $72,119
2016 $2,361 $125,093 $54,388 $70,705
2015 $2,321 $123,215 $53,572 $69,643
2014 $2,233 $120,802 $52,523 $68,279
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luz Scott

    Century 21 Jordan-Link & Comp

    Section Image

  • A

    Buyer's Agent in 2023

    Area Out Of

    Out Of Area

See All Agents

Map

Source: Kings County Board of REALTORS®

MLS Number: 225620

APN: 004-321-003-000

California Monterey County Salinas 93905 East Salinas

896 Rider Ave, Salinas, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes