NOT LISTED FOR SALE

405 Cayuga St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $743,000 - $871,166

6 Beds
3 Baths
2,385 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $755,000 $317 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,047/month

101 Days on Market

Highlights

  • Wood Flooring
  • Tile Countertops
  • Washer and Dryer
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of December 2022

Rare and Wonderful Offering! Zoned Commercial/Residential, Three Potential Income Avenues = Live in One/Rent One/Work in The Other (Separate Access to the Primary Bedroom and Bathroom). First Time On the Market...Right in the Middle of the Block is an Adorable 3 Bedroom, 2 Full Bathroom Tri-Level Home with an attached Single Car Garage and Tucked Away Down a Little Driveway is another Sweet 3 Bedroom, 1 Full Bathroom Single Story Home with another attached Single Car Garage. This 2,385 sf Legal Duplex on a 6,696 sf Lot is well cared for and ready for New Memories.

Last Agent to Sell the Property

Heidi Daniels

Century 21 Showcase Realtors License #01417914 Listed on: 08/08/2022

Century 21 Showcase Realtors

Last Buyer's Agent

Joe Maguire

Spirit Properties License #01294258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,992

Year Built

  • 1936

Lot Details

  • 6,695

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,385 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Additional Features

  • 6,695 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2,385 Sq Ft Building
  • Gross Income $11,700

Listing and Financial Details

  • Total Actual Rent $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,992

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Zoning: Commercial Residential
  • Subclass: Duplex
  • Age: 86
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2385
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Countertop - Tile, Garbage Disposal, Oven Range - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 2385
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Foundation Pillars
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1537
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6696.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6696.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 75.98

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 11700.00
  • Income Annual Rental: 11700
  • Income Gross Scheduled: 11700
  • Income Includes: Laundry, Parking
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Dec 7, 2022
Sold by
Mary E Griffin Trust
Bought by
Rose M Hernandez Revocable Living Trust
Seller's Agent
Heidi Daniels
Century 21 Showcase Realtors
Buyer's Agent
Joe Maguire
Spirit Properties
List Price
$889,000
Sold Price
$755,000
Premium/Discount to List
-$134,000
-15.07%
Views
97
Current Estimated Value
$813,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,792
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Jul 19, 2021
Sold by
Griffin Mary E
Bought by
Mary E Griffin Trust

Purchase Details

Closed on
Mar 8, 2007
Sold by
Griffin Linda
Bought by
Griffin Mary E and Mary E Griffin Trust

Purchase Details

Closed on
Jul 3, 2006
Sold by
Griffin Mary E
Bought by
Griffin Mary E and Mary E Griffin Trust
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
Rose M Hernandez Revocable Living Trust $755,000 Chicago Title
Mary E Griffin Trust -- --
Griffin Mary E $250,000 None Available
Griffin Mary E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $755,000 -15.1% $317 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $889,000 -2.3% $373 / Sq Ft
10/03/2022 10/03/22 Price Changed $910,000 +2.4% $382 / Sq Ft
10/03/2022 10/03/22 For Sale $889,000 0.0% $373 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $889,000 -- $373 / 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 $8,992 $785,502 $390,150 $395,352
2024 $8,992 $770,100 $382,500 $387,600
2023 $8,690 $755,000 $375,000 $380,000
2022 $7,019 $620,000 $335,000 $285,000
2021 $918 $84,806 $20,819 $63,987
2020 $893 $83,937 $20,606 $63,331
2019 $883 $82,292 $20,202 $62,090
2018 $868 $80,679 $19,806 $60,873
2017 $867 $79,098 $19,418 $59,680
2016 $865 $77,548 $19,038 $58,510
2015 $871 $76,385 $18,753 $57,632
2014 $815 $74,890 $18,386 $56,504
Source: Public Records

Agents Affiliated with this Home

  • Heidi Daniels

    Seller's Agent in 2022

    Heidi Daniels

    Century 21 Showcase Realtors

    (831) 601-6582

    14 in this area

    67 Total Sales

    Heidi Daniels
    Section Image
  • Joe Maguire

    Buyer's Agent in 2022

    Joe Maguire

    Spirit Properties

    (408) 377-6500

    1 in this area

    37 Total Sales

    Joe Maguire
    Section Image
  • Janet Simas

    Buyer Co-Listing Agent in 2022

    Janet Simas

    Spirit Properties

    (408) 465-2310

    1 in this area

    12 Total Sales

    Janet Simas
    Section Image
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Map

Source: MLSListings

MLS Number: ML81903038

MLSListings

APN: 002-333-012-000

California Monterey County Salinas 93901 South Salinas

405 Cayuga St, Salinas, CA

This home is located at 405 Cayuga St, Salinas, CA 93901 since 08 August 2022 and is currently estimated at $813,792, approximately $341 per square foot. This property was built in 1936. 405 Cayuga St is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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