NOT LISTED FOR SALE

1042 Iverson St Unit A Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $529,000 - $589,000

2 Beds
1.5 Baths
1,239 Sq Ft
$280/mo HOA Fee

Last Sold January 25, 2022

Last sale price $495,000 $400 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,883/month

39 Days on Market

Highlights

  • 0.58 Acre Lot
  • Forced Air Heating System
  • Gated Home
  • Park or Greenbelt View
  • Separate Family Room
  • Dining Area

About This Home

As of January 2022

Centrally located in South Salinas. Close to schools, park, ball fields, stores and restaurants. Condominium features two large bedrooms, two car garage, gas fireplace and fenced in private back patio.

Last Agent to Sell the Property

Lawrence Hernandez

Sotheby’s International Realty License #01963856 Listed on: 11/11/2021

Last Buyer's Agent

Sigifredo Ponce

Berkshire Hathaway HS Real Time Realty License #01740281

Berkshire Hathaway HS Real Time Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,925

Year Built

  • 1989

Lot Details

  • Gated Home
  • Wood Fence
  • Back Yard

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,239 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Park or Greenbelt Views
  • Electric Oven
  • Laundry in Garage

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Community Details

  • Association fees include garbage, insurance, landscaping / gardening, maintenance - exterior, roof, water / sewer
  • Eden Arms HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,925

Year Built

1989

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Zoning: RS
  • Subclass: Condominium
  • Age: 32
  • Listing Class: Residential
  • Structure Sq Ft: 1239
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Oven - Electric
  • Fireplace: Yes
  • Living Sq Ft: 1239
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Park
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Gate, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 280
  • HOA Documents: Budget, Cc&rs, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance, Landscaping / Gardening, Maintenance - Exterior, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Eden Arms HOA

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.5831
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25401.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25401.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 20, 2022
Sold by
Edward And Lois Panziera Family Trust
Bought by
Delarosa Martha
Seller's Agent
Lawrence Hernandez
Sotheby’s International Realty
Buyer's Agent
Sigifredo Ponce
Berkshire Hathaway HS Real Time Realty
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Current Estimated Value
$558,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,239
Avg. Annual Appreciation
3.60%
Original Mortgage
$440,000
Outstanding Balance
$408,815
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$149,424

Purchase Details

Closed on
Sep 26, 2017
Sold by
Panziera Edward N and Panziera Lois R
Bought by
Panziera Edward N and Panziera Lois R

Purchase Details

Closed on
Oct 6, 2016
Sold by
Panziera Edward N and Panziera Lois R
Bought by
Panziera Edward N and Panziera Lois R

Purchase Details

Closed on
Oct 12, 2007
Sold by
Panziera Edward N and Panziera Lois R
Bought by
Panziera Edward N and Panziera Lois R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 1996
Sold by
Panziera Edward N and Panziera Lois R
Bought by
Panziera Edward N and Panziera Lois R
Source: Public Records

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Range of Values:

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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
Delarosa Martha $495,000 Chicago Title
Panziera Edward N -- None Available
Panziera Edward N -- None Available
Panziera Edward N -- None Available
Panziera Edward N -- --
Panziera Edward N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delarosa Martha $440,000
Previous Owner Panziera Edward N $282,700
Previous Owner Panziera Edward N $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $495,000 -3.9% $400 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $515,000 -- $416 / 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
2024 $5,925 $514,998 $208,080 $306,918
2023 $5,724 $504,900 $204,000 $300,900
2022 $3,266 $495,000 $200,000 $295,000
2021 $3,137 $282,132 $84,975 $197,157
2020 $3,051 $279,240 $84,104 $195,136
2019 $3,029 $273,765 $82,455 $191,310
2018 $2,992 $268,398 $80,839 $187,559
2017 $2,995 $263,136 $79,254 $183,882
2016 $2,997 $257,977 $77,700 $180,277
2015 $3,023 $254,103 $76,533 $177,570
2014 $2,775 $245,000 $74,000 $171,000
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Hernandez

    Seller's Agent in 2022

    Lawrence Hernandez

    Sotheby’s International Realty

    (831) 998-0278

    1 in this area

    37 Total Sales

    Section Image
  • Sigifredo Ponce

    Buyer's Agent in 2022

    Sigifredo Ponce

    Berkshire Hathaway HS Real Time Realty

    (831) 261-3758

    20 in this area

    204 Total Sales

    Sigifredo Ponce
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81869287

MLSListings

APN: 002-563-001-000

California Monterey County Salinas 93901 South Salinas

1042 Iverson St Unit A, Salinas, CA

This home is located at 1042 Iverson St Unit A, Salinas, CA 93901 since 11 November 2021 and is currently estimated at $558,239, approximately $450 per square foot. This property was built in 1989. 1042 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.

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