Last Sold Price
4,113 sqft$365/sqft
740 Old Stage Rd, Salinas, CA 93908

Description

3 Houses, 4 Apartments, 3 Barns and 4 Utility buildings. Additional Income Potential with Agriculture Esquestrian Facility or Large Ranch.3 Houses, 4 Apartments, 3 Barns and 4 Utility buildings. Additional Income Potential with Agriculture Esquestrian Facility or Large Ranch.
LISTING CLOSED: 11/09/2012 12:00 AM

  1. Listed by John Hankard • DRE #01733114 • Keller Williams Realty • (831) 601-9071

Property Details for 740 Old Stage Road

Status
MLS #
ML81218722
Days on Compass
103
Taxes
$6,185 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family 5+
MLS Type
5+ Units / Five or More Units
Year Built
1964
Lot Size
0.00 AC / 0 SF
MLS City Name
North Salinas
Building Type
Other
View
Mountains
Cross Street
Old Natividad Ro

Location

Listing Courtesy of Keller Williams Realty, John Hankard, DRE #01733114

Sold By Keller Williams Realty, John Hankard, DRE #01733114

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Building Information for 740 Old Stage Road

Stories1Residences-Year Built1964Building Size-Lot Size0.00 AC / 0 SF

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$8,140 per month

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Principal and Interest

$7,624

Property Taxes

$515

HOA Dues

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Property Information for 740 Old Stage Road

Features
Room Information
  • Kitchen: Dishwasher, Varies by Unit, Garbage Disposal, Microwave, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Marble, Carpet
  • Laundry: Washer/Dryer - Some Units, In Some Units
  • Living SqFt: 4113
  • Pool: No
Utilities
  • Cooling: Central AC
  • Heating: Wall Furnace, Gas - Natural, Forced Air, Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Septic Tank / Pump
Garage
  • Garage and Parking: Private / Exclusive, Spaces per Unit - >1
Property Details
Homeowners Association
  • HOA Fee: $0
Property Details
  • Max Num Of Units in Complex: 12
  • Min Num Of Units in Complex: 5
  • Area Text: Creekbridge
  • Roof: Composition
  • Subclass: Five or More Units
  • Street Number: 740
  • Street Name: OLD STAGE
  • Street Suffix: Road
  • Area ID: 67
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 12
  • Structure SqFt: 4113
  • Structure SqFt Source: Paid Vendor
  • Age: 49
Development Information
  • Zoning Detail: Res
Location Information
  • Incorporated: Yes
  • Map Book: Thomas Bros
  • Parcel Number: 211-013-006
  • County Name: Monterey
  • City Name: Salinas
  • City Postal ID: 5389
  • Postal Code: 93908
  • Elementary School District: 430
  • High School District Text: Salinas Union High
Lot Information
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Minimum Units: Acres
  • Lot Size Source: Seller
Multi Family Information
Bedroom Information
  • No Of 1 Bed 1 Bath Units: 2
Building Information
  • No Of Studio Units: 1
General Information
  • Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s), 3 Bedroom Unit(s), Commercial Space, Studio Unit(s)
  • Annual Tax Amount: $6,185
  • Capitalization Rate: 3.65
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable TV, Utilities - Electric
  • Income Includes: Parking, Lease
  • Vacancy Amount: $2,196
  • Vacancy Factor: 2
Unit Size Detail
  • Max Size 1Bed 1Bath: 700
  • Max Size of Studio: 800
  • Min Size 1Bed 1Bath: 500
Income / Expense Details
  • Expense Insurance: $16,000
  • Expense Landscape: $2,000
  • Expense Maintenance: $15,000
  • Expense Management: $1
  • Expense Trash: $1,000
  • Expense Water Sewer: $0
  • Expenses Other: $1
  • Expenses Utility: $2,000
  • Expenses Total: $42,187
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Services - Sewer
  • Gross Rent Multiplier: 16.35
  • Income Annual Gross: $107,614
  • Income Annual Rental: $109,800
  • Income Gross Scheduled: $109,810
  • Income Laundry: $10
  • Income Other: $0
Unit 1 Information
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $30,001
Unit 2 Information
  • Unit 2 Approx Square Footage: 1086
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,600
Unit 3 Information
  • Unit 3 Approx Square Footage: 1424
  • Unit 3 Number of Bathrooms: 2.00
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,800
Unit 4 Information
  • Unit 4 Approx Square Footage: 1008
  • Unit 4 Number of Bathrooms: 1.00
  • Unit 4 Number of Bedrooms: 3
  • Unit 4 Rent: $650
Unit Type 1
  • Unit Type1 Approx SqFt: 4113
  • Unit Type1 No of Bathrooms: 4.00
Unit Type 2
  • Unit Type2 No Of Bathrooms: 1.00

Property History for 740 Old Stage Road

DateEvent & SourcePriceAppreciation
Nov 9, 2012

Sold

MLSListings #ML81218722

$1,500,000
Nov 9, 2012

Sold

EBRD #ML81218722

$1,500,000
Oct 26, 2012

Sold (Public Record)

Public Record #341247167

$1,500,000
DateEvent & SourcePrice
11/09/2012

Sold

MLSListings #ML81218722

$1,500,000
11/09/2012

Sold

EBRD #ML81218722

$1,500,000
10/26/2012

Sold (Public Record)

Public Record #341247167

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 740 Old Stage Road

Taxable ValueLand$848,966Additions$1,379,570Total$2,228,536
Tax Record2025$23,607 ($1,967 / month)
Home Facts
Beds5Baths6Total Finished SqFt6,018 SqFtAbove Grade Finished SqFt6,018 SqFtStories1Lot Size1,017,562 SqFtStyleSingle Family ResidenceYear Built1964Year Renovated1964CountyMONTEREYAPN211-013-006-000

Schools near 740 Old Stage Road

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
New Republic Elementary School
PublicK to 5

John Gutierrez Middle
Public6 to 8

Everett Alvarez High School
Public9 to 12

Rancho San Juan High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 740 Old Stage Road, Salinas, CA 93908
$1,500,000
4,113
0
3
3
1,620
225,105
3
1
1,451
217,992
$1,400,000
3
2,427
215,690
$410,000
7
7,961
217,800
$1,950,000
3
2,016
869,022

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, John Hankard, DRE #01733114

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.