NOT LISTED FOR SALE

1101 Cortez St Unit D Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $435,000 - $601,000

4 Beds
1.5 Baths
1,228 Sq Ft
$75/mo HOA Fee

Last Sold May 02, 2022

Last sale price $430,000 $350 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,221/month

4 Days on Market

About This Home

As of May 2022

Great Investment opportunity. Rental property with long time tenants. Garage was converted into 4th bedroom. Large upstairs soaking tub. Covered patio.

Last Agent to Sell the Property

Melissa Woods

eXp Realty of California Inc License #02073659 Listed on: 02/14/2022

eXp Realty of California Inc

Last Buyer's Agent

Joana Zampelli

eXp Realty of California Inc License #02124511

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,981

Year Built

  • 1985

Lot Details

  • 902

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Assigned Parking

Utilities

  • Wall Furnace

Community Details

Overview

  • Association fees include maintenance - common area, maintenance - exterior
  • Magnolia Gardens Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,981

Year Built

1985

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Zoning: 0.2 PCT
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Not Allowed
  • Age: 37
  • Listing Class: Residential
  • Structure Sq Ft: 1228
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Living Sq Ft: 1228
  • Stories: 2
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 75
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Maintenance - Exterior
  • HOA Exist: Yes
  • H O A Name Text: Magnolia Gardens

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.0207

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 22, 2022
Sold by
Ochoa Guadalupe Maciel
Bought by
Martinez Lopez Gustavo and Bec Lopez Maria
Seller's Agent
Melissa Woods
eXp Realty of California Inc
Buyer's Agent
Joana Zampelli
eXp Realty of California Inc
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Current Estimated Value
$499,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,434
Avg. Annual Appreciation
2.86%
Original Mortgage
$180,000
Outstanding Balance
$169,782
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$303,653

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 8, 2022
Sold by
Padilla Jesus
Bought by
Ochoa Guadalupe Maciel
Seller's Agent
Melissa Woods
eXp Realty of California Inc
Buyer's Agent
Joana Zampelli
eXp Realty of California Inc
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$169,782
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$303,653

Purchase Details

Closed on
Jun 19, 2014
Sold by
Gonzalez Jesus Padilla and Padilla Jesus
Bought by
Ochoa Guadalupe Maciel and Ochoa Guadalupe

Purchase Details

Closed on
May 21, 2007
Sold by
Padilla Jesus and Ochoa Guadalupe
Bought by
Padilla Jesus and Ochoa Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2006
Sold by
Padilla Jesus
Bought by
Padilla Jesus and Ochoa Guadalupe

Purchase Details

Closed on
Oct 21, 2004
Sold by
Ochoa Ignacio and Ochoa Guadalupe
Bought by
Padilla Jesus

Purchase Details

Closed on
Apr 1, 1994
Sold by
Kelsay Melanie S and Kelsay Leslie R
Bought by
Kelsay Melanie S and Kelsay Leslie R
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
Martinez Lopez Gustavo $430,000 Stewart Title
Ochoa Guadalupe Maciel -- Stewart Title
Padilla Jesus -- Stewart Title Of California
Ochoa Guadalupe Maciel -- None Available
Padilla Jesus -- Chicago Title Co
Padilla Jesus -- None Available
Padilla Jesus -- First American Title
Kelsay Melanie S -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Lopez Gustavo $180,000
Previous Owner Padilla Jesus $178,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $430,000 +7.8% $350 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $399,000 -- $325 / 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 $5,981 $456,318 $212,241 $244,077
2024 $5,981 $447,372 $208,080 $239,292
2023 $5,872 $438,600 $204,000 $234,600
2022 $1,840 $430,000 $200,000 $230,000
2021 $1,841 $144,337 $55,514 $88,823
2020 $1,821 $142,858 $54,945 $87,913
2019 $1,877 $140,058 $53,868 $86,190
2018 $1,769 $137,312 $52,812 $84,500
2017 $1,835 $134,621 $51,777 $82,844
2016 $1,742 $131,982 $50,762 $81,220
2015 $2,049 $130,000 $50,000 $80,000
2014 $1,738 $116,000 $35,000 $81,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Woods

    eXp Realty of California Inc

    Section Image

  • J

    Buyer's Agent in 2022

    Joana Zampelli

    eXp Realty of California Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81878283

MLSListings

APN: 004-436-001-000

California Monterey County Salinas 93905 East Salinas

1101 Cortez St Unit D, Salinas, CA

This home is located at 1101 Cortez St Unit D, Salinas, CA 93905 since 14 February 2022 and is currently estimated at $499,434, approximately $406 per square foot. This property was built in 1985. 1101 Cortez St Unit D is a home located in Monterey County with nearby schools including Alisal Community, La Paz Middle School, and Alisal High School.

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