NOT LISTED FOR SALE

1042 University Ave Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $764,000 - $879,000

3 Beds
2 Baths
1,874 Sq Ft
$439/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $620,000 $331 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,242/month

8 Days on Market

Highlights

  • Private Pool
  • Soaking Tub in Primary Bathroom
  • Traditional Architecture
  • Primary Bedroom Suite
  • Marble Flooring
  • Marble Countertops

About This Home

As of May 2020

This exquisite and spacious, single level home in South Salinas is move in ready! Inside you will find an updated, 1,874 square feet, 3 bed, 2 bath home with a large family room. Some of the upgrades include, wood floors, crown molding and recessed lighting. The kitchen is an entertainers dream, equipped with stainless-steel appliances, marble tile, an island and an open concept. Natural light flows throughout the family room and kitchen, leading you out back into your own personal Oasis. Backyard has a dining area/patio, gated pool, outdoor shower and large green lawn. This home has been updated and meticulously maintained. You will not want to miss this property!

Last Agent to Sell the Property

Grace Merritt

Sotheby’s International Realty License #01870218 Listed on: 03/10/2020

Sotheby’s International Realty

Last Buyer's Agent

Jose Ramirez

Legacy R.E.Group. Inc.-Monterey License #01792620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,753

Year Built

  • 1964

Lot Details

  • 9,701 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Entertainment System
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Garden Windows
  • Family or Dining Combination
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • ENERGY STAR Qualified Appliances
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Security Gate
  • Monitored

Pool

  • Private Pool
  • Outside Bathroom Access

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,753

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-L- 5.5
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 1874
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Family Room, Dining Bar
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven - Built-In
  • Fireplace: Yes
  • Living Sq Ft: 1874
  • Stories: 1
  • Security: Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Gas Hookup, In Garage
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Attic
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Outside Access, Tile, Tub With Jets

Exterior Features

  • Foundation: Concrete Block
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard, Bbq Area, Courtyard, Fenced, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Security Gate, Skylight, Video / Audio System, Walk-In Closet, Wet Bar

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2227
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9700.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 14, 2020
Sold by
Carrillo Noe David and Carrillo Veronica
Bought by
Milton Nicholas Anthony and Molton Kelley Rose
Seller's Agent
Grace Merritt
Sotheby’s International Realty
Buyer's Agent
Jose Ramirez
Legacy R.E.Group. Inc.-Monterey
List Price
$659,000
Sold Price
$620,000
Premium/Discount to List
-$39,000
-5.92%
Total Days on Market
8
Current Estimated Value
$821,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,832
Avg. Annual Appreciation
5.74%
Original Mortgage
$567,500
Outstanding Balance
$508,351
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$313,481

Purchase Details

Listed on
Oct 6, 2012
Closed on
Jan 15, 2013
Sold by
Carrillo Casimiro and Carrillo Teresa
Bought by
Carrillo Noe David and Carrillo Veronica
Seller's Agent
Ruben Dominguez
NextHome American Dream
Buyer's Agent
Sal Bruno
NextHome American Dream
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$270,019
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 6, 2012
Closed on
Jan 7, 2013
Sold by
Alvarez Dimas and Alvarez Petra
Bought by
Carrillo Casimiro and Carrillo Teresa
Seller's Agent
Ruben Dominguez
NextHome American Dream
Buyer's Agent
Sal Bruno
NextHome American Dream
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2006
Sold by
Alvarez Dimas and Alvarez Petra
Bought by
Alvarez Dimas and Alvarez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2006
Sold by
Alvarez Dimas J and Alvarez Petra
Bought by
Alvarez Dimas J and Alvarez Petra

Purchase Details

Closed on
Aug 2, 2001
Sold by
Alvarez Dimas J and Alvarez Petra
Bought by
Alvarez Dimas J and Alvarez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
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
Milton Nicholas Anthony $620,000 Old Republic Title Company
Carrillo Noe David -- Chicago Title Salinas
Carrillo Casimiro $275,000 First American Title Company
Alvarez Dimas -- Fidelity National Title Co
Alvarez Dimas J -- None Available
Alvarez Dimas J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milton Nicholas Anthony $567,500
Previous Owner Carrillo Casimiro $270,019
Previous Owner Alvarez Dimas $600,000
Previous Owner Alvarez Dimas J $250,000
Previous Owner Alvarez Dimas J $86,500
Previous Owner Alvarez Dimas J $63,500
Previous Owner Alvarez Dimas J $241,500
Previous Owner Alvarez Dimas J $34,500
Previous Owner Alvarez Dimas J $220,000
Previous Owner Alvarez Dimas J $55,000
Previous Owner Alvarez Dimas J $25,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $620,000 -5.9% $331 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $659,000 +139.6% $352 / Sq Ft
01/11/2013 01/11/13 Sold $275,000 +10.0% $200 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $250,000 -- $182 / 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 $7,753 $664,761 $268,048 $396,713
2023 $7,492 $651,728 $262,793 $388,935
2022 $7,213 $638,950 $257,641 $381,309
2021 $6,929 $626,423 $252,590 $373,833
2020 $3,387 $309,638 $101,335 $208,303
2019 $3,362 $303,568 $99,349 $204,219
2018 $3,319 $297,616 $97,401 $200,215
2017 $3,322 $291,782 $95,492 $196,290
2016 $3,325 $286,062 $93,620 $192,442
2015 $3,354 $281,766 $92,214 $189,552
2014 $3,129 $276,247 $90,408 $185,839
Source: Public Records

Agents Affiliated with this Home

  • Grace Merritt

    Seller's Agent in 2020

    Grace Merritt

    Sotheby’s International Realty

    (831) 200-4334

    7 in this area

    71 Total Sales

    Grace Merritt
    Section Image

  • J

    Buyer's Agent in 2020

    Jose Ramirez

    Legacy R.E.Group. Inc.-Monterey

  • R

    Seller's Agent in 2013

    Ruben Dominguez

    NextHome American Dream

  • S

    Buyer's Agent in 2013

    Sal Bruno

    NextHome American Dream

See All Agents

Map

Source: MLSListings

MLS Number: ML81786188

MLSListings

APN: 016-052-003-000

California Monterey County Salinas 93901 South Salinas

1042 University Ave, Salinas, CA

This home is located at 1042 University Ave, Salinas, CA 93901 since 10 March 2020 and is currently estimated at $821,832, approximately $438 per square foot. This property was built in 1964. 1042 University Ave is a home located in Monterey County with nearby schools including University Park Elementary School, Mission Park Elementary School, and Lincoln Elementary School.

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