NOT LISTED FOR SALE

9365 Pollock Ln Salinas, CA 93907

Estimated Value: $1,262,000 - $1,758,000

6 Beds
7 Baths
5,038 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $750,000 $149 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,177/month

45 Days on Market

Highlights

  • Custom Home
  • Beamed Ceilings
  • Storage Room
  • 1 Acre Lot
  • Skylights
  • Pasture

About This Home

As of October 2016

ARE YOU LOOKING FOR A GRAND SIZE ~ SINGLE LEVEL COUNTRY HOME WITH (4) SEPARATE ENTRANCES PRODUCING POSITIVE CASH-FLOW? THIS IS IT! WITH A TOTAL OF 5038 SQ FT Split between Living Space of 3233 sq. ft & Workshop/Basement?Studio ~ 1805 sq.ft (Buyer To Verify). Unit One - Main House Showcases 3 bds & 3.5 Bths w/ Expansive Great Rm & Dine-In Kitchen Plus Stairway to Workshop/Basement. Unit 2&3 -Lrg Bdrms w/Full Bath. Unit 4 - Spacious Studio w/ Kitchenette. Perfect for Lrg Family/Multi-Gene Living/Care Homes/ Investors(w/ positive CASH-FLOW). Rent out (3) w/separate entrances & Live in one. Property Hosts it's OWN WELL; NEW Roof /2013; NEWLY Installed Septic & Well Pumps, Comm. Grade Furnace. 1 Acre Level & Fenced Ready for Horses & Sm Farm Animals.+(2) Sheds. Thriving Orchard w/Variety of Fruit Trees. Incl. in Sale-(3)Refrig (1)Freezer (2)Microwaves! ALL Other Furniture,(3) TV's, Washer/Dryer,Tractor, Misc Tools FOR SALE! Home Sold AS-IS through a Trust. GREAT OPPORTUNITY!

Last Agent to Sell the Property

Barbara Weidman

CENTURY 21 Masters License #01931922 Listed on: 07/13/2016

CENTURY 21 Masters

Last Buyer's Agent

Dorothee Crawford

David Lyng Real Estate License #00845382

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 1 Acre Lot
  • Sprinklers on Timer
  • Mostly Level

Parking

  • 2 Car Garage
  • Varies By Unit
  • Workshop in Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Custom Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,038 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Storage Room
  • Washer and Dryer
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Shed
  • Barbecue Area

Farming

  • Pasture
  • Farm Animals Allowed

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $62,400

Community Details

Overview

Building Details

  • Insurance Expense $950
  • Maintenance Expense $2,400
  • Utility Expense $3,000
  • Trash Expense $1,200
  • Operating Expense $16,339
  • Gross Income $61,152

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: LDR/1
  • Subclass: Fourplex
  • Style: Custom
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5038
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 5038
  • Stories: 1
  • Security: Varies By Unit
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Basement - Finished, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Pasture
  • Yard/Grounds: Bbq Area, Sprinklers - Auto, Storage Shed / Structure
  • Horse Property: Possible
  • Construction Type: Brick, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area, On Street, Parking Area, Varies By Unit, Workshop In Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight

Lot Info

  • Lot Description: Farm Animals (Permitted), Grade - Mostly Level
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.80

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 950
  • Expense Maintenance: 2400
  • Expenses Total: 16339
  • Expenses Utility: 3000
  • Expense Trash: 1200
  • Income Annual Gross: 61152.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 62400
  • Income Includes: Rents, Storage Area
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Bassham Robert and Bassham Roberta M
Bought by
Bassham Robert and Bassham Rhonda M
Current Estimated Value
$1,413,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,200
Outstanding Balance
$506,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$906,554

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 14, 2016
Sold by
Bascos Christine
Bought by
Bassham Robert and Bassham Rhonda M Morton
Seller's Agent
Barbara Weidman
CENTURY 21 Masters
Buyer's Agent
Dorothee Crawford
David Lyng Real Estate
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$525,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bassham Robert -- Servicelink
Bassham Robert $750,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassham Robert $560,200
Closed Bassham Robert $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2016 10/20/16 Sold $750,000 0.0% $149 / Sq Ft
10/20/2016 10/20/16 Sold $750,000 -6.1% $149 / Sq Ft View Prior Sale
08/28/2016 08/28/16 Pending -- -- --
08/28/2016 08/28/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $799,000 0.0% $159 / Sq Ft
06/10/2016 06/10/16 Price Changed $799,000 -5.7% $159 / Sq Ft
05/26/2016 05/26/16 For Sale $847,500 -- $168 / 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 $9,536 $887,841 $355,136 $532,705
2024 $9,536 $870,433 $348,173 $522,260
2023 $9,362 $853,367 $341,347 $512,020
2022 $9,311 $836,635 $334,654 $501,981
2021 $8,959 $820,232 $328,093 $492,139
2020 $8,993 $811,822 $324,729 $487,093
2019 $8,787 $795,905 $318,362 $477,543
2018 $8,642 $780,300 $312,120 $468,180
2017 $8,165 $765,000 $306,000 $459,000
2016 $4,218 $370,150 $142,666 $227,484
2015 $3,977 $364,591 $140,524 $224,067
2014 $3,908 $357,450 $137,772 $219,678
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Barbara Weidman

    CENTURY 21 Masters

    Section Image

  • D

    Buyer's Agent in 2016

    Dorothee Crawford

    David Lyng Real Estate (Carmel offices)

    Section Image
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Map

Source: MLSListings

MLS Number: ML81595020

MLSListings

APN: 125-402-003-000

California Monterey County Salinas 93907

9365 Pollock Ln, Salinas, CA

Not Listed for Sale

MultiFamily

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