NOT LISTED FOR SALE

Estimated Value: $599,000 - $623,937

2 Beds
2 Baths
1,293 Sq Ft
$365/mo HOA Fee

Last Sold September 12, 2024

Last sale price $585,000 $452 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,038/month

60 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Controlled Access
  • Breakfast Area or Nook
  • Bathtub
  • Walk-in Shower

About This Home

As of September 2024

HUGE PRICE IMPROVEMENT! Seller is very motivated, time to move on. Cambridge Village is one of the nicest gated communities in Salinas. This townhouse features 2 upstairs bedrooms, 2 full baths, a cozy fireplace, indoor laundry plus a attached double car garage. This community also includes a swimming pool and sports court. OPEN HOUSE 08/10/24 Press 119 at the main gate to be rung in, second right from main gate, unit is on right side of the row of units Or Park on Padre Dr. next gate call Sue Haro to be let in through the walk in gate cell 831-524-0913

Last Agent to Sell the Property

Sue Haro

M2 Realty Group License #01363013 Listed on: 06/14/2024

Last Buyer's Agent

Drew Schuler

Windermere Valley Properties License #02228810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,257

Year Built

  • Built in 1985

Lot Details

  • 2,823

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Pool

  • Private Pool
  • Fence Around Pool

Additional Features

  • Security Fence
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 002-587-017-000

Community Details

Overview

  • Association fees include fencing, insurance - common area, pool spa or tennis, roof, water
  • Cambridge Village Association

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,257

Year Built

Built in 1985

Lot Details

0

HOA Fees

$365 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 1293
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: Res
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook
  • Kitchen: Dishwasher, Microwave, Oven Range
  • Living Sq Ft: 1293
  • Stories: 2
  • Security: Controlled / Secured Access, Security Fence
  • Laundry: Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Fenced
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 365
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Fencing, Insurance - Common Area, Pool, Spa, or Tennis, Roof, Water
  • H O A Name Text: Cambridge Village
  • H O A Exist: Yes

Schools

  • School District: Salinas Union High
  • Elementary School: Mission Park Elementary
  • Middle School: Washington Middle
  • High School: Salinas High
  • High School: 583
  • Elementary School: 571
  • Middle School: 584

Lot Info

  • Parcel Number: 002-587-017-000
  • Lot Acres: 0.0648
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2824.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2824.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High
  • Elementary School Text: Mission Park Elementary
  • High School Text: Salinas High
  • Middle School Text: Washington Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 28, 2024
Sold by
Ali Masri Chaarani Living Trust and Chaarani Ali Masri
Bought by
Reade Brett
Seller's Agent
Sue Haro
M2 Realty Group
Buyer's Agent
Drew Schuler
Windermere Valley Properties
List Price
$629,000
Sold Price
$585,000
Premium/Discount to List
-$44,000
-7%
Views
160
Current Estimated Value
$611,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,984
Avg. Annual Appreciation
4.22%
Original Mortgage
$468,000
Outstanding Balance
$462,993
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$148,991

Purchase Details

Closed on
Sep 13, 2018
Sold by
Masri Chaarani Ali
Bought by
Chaarani Ali Masri

Purchase Details

Closed on
Mar 23, 2018
Sold by
Elchaarani Bilal R
Bought by
Chaarani Ali Masri

Purchase Details

Closed on
Aug 26, 2014
Sold by
Elchaarani Bilal R
Bought by
Elchaarani Bilal R

Purchase Details

Closed on
Apr 16, 2014
Sold by
Elchaarani Bilal
Bought by
Elchaarani Bilal R

Purchase Details

Closed on
Nov 5, 2013
Sold by
Papazian Kathryn L
Bought by
Elchaarani Bilal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2013
Sold by
Elchaarani Zeina Kabbara
Bought by
Elchaarani Bilal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Papazian Arnold Lee and Papazian Kathryn
Bought by
Papazian Arnold and Papazian Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Papazian Arnold and Papazian Kathryn L
Bought by
Papazian Arnold and Papazian Kathryn L
Source: Public Records

Range of Values:

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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
Reade Brett $585,000 Chicago Title
Chaarani Ali Masri -- None Available
Chaarani Ali Masri $300,000 Chicago Title Co
Elchaarani Bilal R -- First American Title Company
Elchaarani Bilal -- First American Title Company
Elchaarani Bilal R -- None Available
Elchaarani Bilal $285,000 Chicago Title Company
Elchaarani Bilal -- Chicago Title Company
Papazian Arnold -- First American Title Co
Papazian Arnold Lee -- First American Title Co
Papazian Arnold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reade Brett $468,000
Previous Owner Elchaarani Bilal $270,750
Previous Owner Papazian Arnold Lee $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $585,000 -2.3% $452 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $599,000 -2.8% $463 / Sq Ft
08/01/2024 08/01/24 Price Changed $615,999 -2.1% $476 / Sq Ft
06/14/2024 06/14/24 For Sale $629,000 -- $486 / 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
2025 $5,257 $585,000 $325,000 $260,000
2024 $5,257 $585,000 $325,000 $260,000
2023 $5,079 $448,391 $136,704 $311,687
2022 $4,890 $439,600 $134,024 $305,576
2021 $4,696 $430,982 $131,397 $299,585
2020 $4,565 $426,564 $130,050 $296,514
2019 $4,532 $418,200 $127,500 $290,700
2018 $3,418 $307,045 $134,669 $172,376
2017 $3,421 $301,026 $132,029 $168,997
2016 $3,424 $295,125 $129,441 $165,684
2015 $3,454 $290,693 $127,497 $163,196
2014 $3,222 $285,000 $125,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81969793

MLSListings

APN: 002-587-017-000