NOT LISTED FOR SALE

Estimated Value: $570,954 - $603,000

2 Beds
1 Bath
985 Sq Ft
$590/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $367,000 $373 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,431/month

7 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Open to Family Room
  • Tile Flooring
  • Dining Room

About This Home

As of March 2019

This home is located at 1111 Sherman Dr, Salinas, CA 93907 since 06 February 2019 and is currently estimated at $581,239, approximately $590 per square foot. This property was built in 1980. 1111 Sherman Dr is a home located in Monterey County with nearby schools including Laurel Wood Elementary School, Roosevelt Elementary School, and Washington Middle School.

Last Agent to Sell the Property

Shanne Carvalho

David Lyng Real Estate License #01339231 Listed on: 02/06/2019

David Lyng Real Estate

Last Buyer's Agent

Maria Kenyon

1st Capital License #01246460

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 3,986 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Concrete Roof
  • Stone Roof

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 261-721-036-000

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 985
  • Year Built: 1980
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Wood Burning
  • Dining Room: No Informal Dining Room
  • Kitchen: Oven Range
  • Living Sq Ft: 985
  • Stories: 1
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete, Rock
  • Fencing: Fenced Back, Wood

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 261-721-036-000
  • Lot Acres: 0.0915
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3985.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3985.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Angel Solis
Bought by
City Of Salinas
Current Estimated Value
$581,239

Purchase Details

Closed on
Sep 2, 2020
Sold by
Solis Jose Angel and Flores Maria Dolores
Bought by
Solis Jose Angel and Flores Maria Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 21, 2019
Sold by
Rojas Ismael Rojas and Garcia Michelle Torres
Bought by
Solis Jose Angel
Seller's Agent
Shanne Carvalho
David Lyng Real Estate
Buyer's Agent
Maria Kenyon
1st Capital
List Price
$359,000
Sold Price
$367,000
Premium/Discount to List
$8,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$355,990
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 25, 2012
Sold by
Federal National Mortgage Association
Bought by
Rojas Ismael Rojas
Seller's Agent
Mark Woodward
Mark Woodward, Broker
Buyer's Agent
Marlene Lucero
Executive Estates, Inc
List Price
$166,900
Sold Price
$155,000
Premium/Discount to List
-$11,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$151,070
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 2, 2012
Sold by
Ibarra Soledad
Bought by
Federal National Mortgage Association
Seller's Agent
Mark Woodward
Mark Woodward, Broker
Buyer's Agent
Marlene Lucero
Executive Estates, Inc
List Price
$166,900
Sold Price
$155,000
Premium/Discount to List
-$11,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2004
Sold by
Ibarra Raymundo
Bought by
Ibarra Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
7.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Ibarra Soledad
Bought by
Ibarra Raymundo and Ibarra Soledad

Purchase Details

Closed on
Mar 1, 2002
Sold by
Ibarra Raymundo
Bought by
Ibarra Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Lee David S and Lee Betty T
Bought by
Marsters Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,865
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
City Of Salinas -- None Listed On Document
Solis Jose Angel -- Chicago Title Company
Solis Jose Angel $367,000 Chicago Title Salinas
Solis Jose Angel -- Chicago Title Salinas
Rojas Ismael Rojas $155,000 Chicago Title Company
Federal National Mortgage Association $452,925 Stewart Title
Ibarra Soledad -- Stewart Title
Ibarra Raymundo -- --
Ibarra Soledad -- Chicago Title Co
Ibarra Soledad $235,000 Chicago Title Co
Marsters Linda S $120,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solis Jose Angel $371,000
Previous Owner Solis Jose Angel $355,990
Previous Owner Rojas Ismael Rojas $151,070
Previous Owner Ibarra Soledad $308,750
Previous Owner Ibarra Soledad $235,000
Previous Owner Marsters Linda S $118,865
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $367,000 +2.2% $373 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $359,000 +131.6% $364 / Sq Ft
06/26/2012 06/26/12 Sold $155,000 -7.1% $157 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $166,900 -- $169 / 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 $4,708 $449,390 $256,567 $192,823
2024 $4,708 $441,364 $251,537 $189,827
2023 $4,549 $393,495 $246,605 $146,890
2022 $4,379 $385,780 $241,770 $144,010
2021 $4,207 $378,217 $237,030 $141,187
2020 $4,090 $374,340 $234,600 $139,740
2019 $1,879 $174,522 $78,817 $95,705
2018 $4,070 $171,101 $77,272 $93,829
2017 $4,354 $167,747 $75,757 $91,990
2016 $1,851 $164,459 $74,272 $90,187
2015 $2,024 $161,990 $73,157 $88,833
2014 $1,741 $158,817 $71,724 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81737946

MLSListings

APN: 261-721-036-000