NOT LISTED FOR SALE

Estimated Value: $795,000 - $943,232

3 Beds
2 Baths
1,850 Sq Ft
$462/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $800,000 $432 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,297/month

6 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • High Ceiling
  • 0.38 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of July 2023

Opportunity knocks. Possibilities are endless. Large home converted years ago to a duplex. Huge lot, Plenty of room for more units?" Check with the city."

Last Agent to Sell the Property

Gerry Bennett

Affinity Properties License #00992751 Listed on: 06/05/2023

Last Buyer's Agent

Jorge Horna Alcantara

ERS Premier License #02096529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,343

Year Built

  • 1918

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • City Views
  • Electric Oven
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 1,850 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,343

Year Built

1918

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Traditional
  • Age: 105
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 1850
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, On Street, Workshop In Garage

Utilities

  • Heating System: Electric, Floor Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Salinas Union High
  • Middle School: Washington Middle
  • High School: Salinas High
  • High School: 583
  • Middle School: 584

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3793
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16521.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16521.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 6, 2023
Sold by
Joy Carol-Lee
Bought by
Banos-Tapia Norma and Solano Manuel Gerardo
Seller's Agent
Gerry Bennett
Affinity Properties
Buyer's Agent
Jorge Horna Alcantara
ERS Premier
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Views
56
Current Estimated Value
$855,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,558
Avg. Annual Appreciation
4.01%
Original Mortgage
$560,000
Outstanding Balance
$547,556
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$323,394
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Banos-Tapia Norma $800,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banos-Tapia Norma $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $800,000 +0.6% $432 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $795,000 -- $430 / 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 $9,343 $816,000 $382,500 $433,500
2024 $9,343 $800,000 $375,000 $425,000
2023 $2,939 $800,000 $375,000 $425,000
2022 $2,828 $246,024 $165,297 $80,727
2021 $2,718 $241,201 $162,056 $79,145
2020 $2,643 $238,729 $160,395 $78,334
2019 $2,621 $234,049 $157,250 $76,799
2018 $2,589 $229,461 $154,167 $75,294
2017 $2,591 $224,963 $151,145 $73,818
2016 $2,592 $220,553 $148,182 $72,371
2015 $2,621 $217,241 $145,957 $71,284
2014 $2,448 $212,986 $143,098 $69,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81930762

MLSListings

APN: 002-333-001-000