1087 Madison Ln Salinas, CA 93907
Boronda NeighborhoodEstimated Value: $661,000 - $855,000
3
Beds
3
Baths
1,525
Sq Ft
$484/Sq Ft
Est. Value
About This Home
This home is located at 1087 Madison Ln, Salinas, CA 93907 and is currently estimated at $738,120, approximately $484 per square foot. 1087 Madison Ln is a home located in Monterey County with nearby schools including Boronda Meadows Elementary School, Henry F. Kammann Elementary School, and Harden Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2006
Sold by
Herrera C Celeste
Bought by
Montgomery Timothy P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,400
Outstanding Balance
$324,197
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$413,923
Purchase Details
Closed on
Sep 25, 2003
Sold by
Cathey William R
Bought by
Herrera C Celeste and Montgomery Timothy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 2002
Sold by
Casey Gilbert H
Bought by
Herrera C Celeste and Montgomery Timothy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.94%
Purchase Details
Closed on
May 2, 1997
Sold by
Casey Gilbert H
Bought by
Casey Gilbert H and Casey Mary Elizabeth
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montgomery Timothy P | -- | First American Title Co | |
| Herrera C Celeste | $60,000 | Old Republic Title | |
| Herrera C Celeste | $225,000 | Fidelity Title | |
| Casey Gilbert H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montgomery Timothy P | $532,400 | |
| Previous Owner | Herrera C Celeste | $225,000 | |
| Previous Owner | Herrera C Celeste | $146,250 |
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 |
|---|---|---|---|---|
| 2025 | $6,238 | $502,529 | $301,836 | $200,693 |
| 2024 | $6,238 | $492,676 | $295,918 | $196,758 |
| 2023 | $5,761 | $483,016 | $290,116 | $192,900 |
| 2022 | $5,542 | $473,546 | $284,428 | $189,118 |
| 2021 | $5,323 | $464,261 | $278,851 | $185,410 |
| 2020 | $5,173 | $459,501 | $275,992 | $183,509 |
| 2019 | $4,986 | $437,000 | $262,000 | $175,000 |
| 2018 | $4,826 | $420,000 | $252,000 | $168,000 |
| 2017 | $4,415 | $375,000 | $175,000 | $200,000 |
| 2016 | $4,498 | $375,000 | $175,000 | $200,000 |
| 2015 | $4,602 | $375,000 | $225,000 | $150,000 |
| 2014 | $3,562 | $239,000 | $144,000 | $95,000 |
Source: Public Records
Map
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