NOT LISTED FOR SALE

1040 Iverson St Unit A Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $608,000 - $721,000

3 Beds
2 Baths
1,499 Sq Ft
$449/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $490,000 $327 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,960/month

34 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Dining Room
  • Neighborhood Views
  • Forced Air Heating System
  • Separate Family Room

About This Home

As of September 2019

This home is located at 1040 Iverson St Unit A, Salinas, CA 93901 since 24 July 2019 and is currently estimated at $672,824, approximately $448 per square foot. This property was built in 1998. 1040 Iverson St Unit A is a home located in Monterey County with nearby schools including Mission Park Elementary School, University Park Elementary School, and Lincoln Elementary School.

Last Agent to Sell the Property

Cliff Mortensen

Mariner Real Estate Inc. License #00834930 Listed on: 07/24/2019

Last Buyer's Agent

Michelle Davis

Shankle Real Estate License #01978054

Shankle Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1998

Lot Details

  • 2,958 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,499 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Separate Family Room
  • Dining Room
  • Neighborhood Views
  • Laundry in Garage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 002-561-011-000

Townhouse Details

Home Type

Townhome

Year Built

Built in 1998

Lot Details

2,958 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Townhouse
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1499
  • Year Built: 1998
  • Zoning Description: Condo
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1499
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Fenced, Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Parcel Number: 002-561-011-000
  • Lot Acres: 0.0679
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2956.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2956.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Oct 1, 2019
Sold by
Franscioni Thomas D
Bought by
Griffin Forrest B and Griffin Katherine A
Seller's Agent
Cliff Mortensen
Mariner Real Estate Inc.
Buyer's Agent
Michelle Davis
Shankle Real Estate
List Price
$529,000
Sold Price
$490,000
Premium/Discount to List
-$39,000
-7.37%
Current Estimated Value
$672,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,824
Avg. Annual Appreciation
5.10%
Original Mortgage
$465,500
Outstanding Balance
$407,801
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$265,023

Purchase Details

Closed on
Oct 16, 2014
Sold by
Franscioni Thomas Daniel
Bought by
Franscioni Thomas D

Purchase Details

Closed on
Jul 26, 2007
Sold by
Franscioni Daniel L
Bought by
Franscioni Dan

Purchase Details

Closed on
Dec 26, 2002
Sold by
Franscioni Rhonda
Bought by
Franscioni Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,383
Interest Rate
6.06%

Purchase Details

Closed on
Dec 8, 1998
Sold by
Figueroa Gary L and Figueroa Margaret L
Bought by
Franscioni Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.82%

Purchase Details

Closed on
Apr 24, 1995
Sold by
Zahnlecker Karl F and Zahnlecker Edna M
Bought by
Zahnlecker Karl F and Zahnlecker Edna M
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
Griffin Forrest B $490,000 Chicago Title Company
Franscioni Thomas D -- None Available
Franscioni Thomas Daniel -- None Available
Franscioni Dan -- None Available
Franscioni Daniel L -- Stewart Title
Franscioni Daniel L $179,000 Old Republic Title Company
Franscioni Daniel L -- Old Republic Title Company
Wilkinson Jack A -- Old Republic Title Company
Zahnlecker Karl F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Forrest B $465,500
Previous Owner Franscioni Daniel L $103,383
Previous Owner Franscioni Daniel L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $490,000 -1.0% $327 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $495,000 -2.8% $330 / Sq Ft
08/07/2019 08/07/19 Price Changed $509,000 -3.8% $340 / Sq Ft
07/24/2019 07/24/19 For Sale $529,000 -- $353 / Sq Ft
Source: MLSListings

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 $6,061 $535,880 $262,472 $273,408
2024 $6,061 $525,374 $257,326 $268,048
2023 $5,856 $515,074 $252,281 $262,793
2022 $5,631 $504,976 $247,335 $257,641
2021 $5,407 $495,076 $242,486 $252,590
2020 $5,254 $490,000 $240,000 $250,000
2019 $2,379 $213,931 $22,516 $191,415
2018 $2,346 $209,737 $22,075 $187,662
2017 $2,348 $205,626 $21,643 $183,983
2016 $2,349 $201,595 $21,219 $180,376
2015 $2,370 $198,568 $20,901 $177,667
2014 $2,212 $194,679 $20,492 $174,187
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cliff Mortensen

    Mariner Real Estate Inc.

    Section Image

  • M

    Buyer's Agent in 2019

    Michelle Davis

    Shankle Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81761820

MLSListings

APN: 002-561-011-000

California Monterey County Salinas 93901 South Salinas

1040 Iverson St Unit A, Salinas, CA

Not Listed for Sale

Townhouses

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