2 months on rocket

Sale Pending

506 Santa Maria St, Salinas, CA, 93905

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,406 SqFt
$436/SqFt
Multi
Schools Nearby

Location

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506 Santa Maria St, Salinas$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built1941
HeatingWall Furnace
CoolingNone
MLS #ML81952859
Lot Size0.18 Acres
StatusSale Pending
(Pending)

About 506 Santa Maria St

Invest in this lucrative fourplex opportunity! Each unit features individual water, gas, and electric meters, ensuring hassle-free utility management. Conveniently located with easy access to Highway 101, this property includes a 1-car garage for the two front units. The units at 506/506A and 508/508A are currently tenant-occupied on month-to-month leases, offering flexibility. Each unit is a comfortable 2-bed, 1-bath space. Please respect the tenants' privacy; do not disturb.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 2,406 SqFt

Listing Office:

  • Office Name: Remax Property Experts
  • Office Phone: (831) 751-6900
  • Listing Agent: Sandra Rangel

Interior Features

Interior Information:

  • Appliances: Gas Cooktop

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Salinas High School, Public District Grades 9-12
  • Washington Middle School, Public District Grades 7-8
  • Sherwood Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $436/SqFt

Tax Information:

  • Annual Amount: $4,709
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salinas, CA.

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Salinas, CA

City

Med. Sold Price

$734.9K

Med. Price/SqFt

$464

Avg. Days On Market

29

# of Sold Homes

54

506 Santa Maria St vs Salinas

87 DAYS ON ROCKET

+58 Days

$1,050,000

+$315K More

$436/SqFt

-$29 Less

KEY TAKEAWAY

This property is $315K more than the Median Sold Price and $29/SqFt less than other homes in Salinas, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81952859

Listing Office:

  • Office Name: Remax Property Experts
  • Office Phone: (831) 751-6900
  • Listing Agent: Sandra Rangel

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 02, 2003Home Sold
$207,500
Jan 13, 1998Home Sold
$398,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,709$420,097
2020$4,578$415,395
2019$4,481$407,251
2018$4,485$399,266
2017$4,485$391,438

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2709434
3
/10

  • Sherwood Elementary School

  • 110 S Wood St

  • 0.17 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2709435
4
/10

  • Washington Middle School

  • 560 Iverson St

  • 1.48 miles

  • Public District Grades 7-8

High School

school-card-donut-2709436
5
/10

  • Salinas High School

  • 726 S Main St

  • 1.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,867. The most common annual income of people living in Salinas, CA is between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Monterey County›Salinas›93905›506 Santa Maria St

This home is located at 506 Santa Maria St in Salinas, CA and zip code 93905 in the East Salinas neighborhood. This 2,406 square foot home, which was built in 1941, sits on a 0.18 acre lot. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $1,050,000.

In March 2024, from all listings sold in Salinas, CA there were more than 25 sold above asking price, over 18 sold below and more than 9 were sold right at the asked price. In March 2024 in Salinas, CA there were 13.9% more homes for sale than in February 2024. In March 2024 median list price was $734,933 and the average listing age was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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