NOT LISTED FOR SALE

1113 Cortez St Unit A Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $354,000 - $420,000

2 Beds
1.5 Baths
963 Sq Ft
$403/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $200,000 $208 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,348/month

193 Days on Market

About This Home

As of December 2016

Stop paying rent and pay your own mortgage on this 2 bedroom / 1.5 condo This condo is located in the Cortez Townhomes. Unit is an end unit with two assigned parking spaces along with a 1 car garage. Do not miss on this great opportunity for your personal use or for that great return on your investment. By the way this complex has one of the lowest HOA fees in town!! Own it now before its too late.

Last Agent to Sell the Property

Saul Zamudio

Berkshire Hathaway HS Real Time Realty License #01495051 Listed on: 03/31/2016

Berkshire Hathaway HS Real Time Realty

Last Buyer's Agent

Zodeiva Lemus

Norm Yop, Inc., Realtors License #01380483

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1985

Lot Details

  • 958 Sq Ft Lot

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 963 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Individual Gas Meter
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area
  • Magnolia Gardens Association

Listing and Financial Details

  • Assessor Parcel Number 004-436-028-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,985

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 963
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 963
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage
  • Carport Min: 2

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 004-436-028-000
  • Lot Acres: 0.0220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 958.32
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 958.32

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Dec 12, 2016
Sold by
Deblas Martha Olvera
Bought by
Blas Juan Carlos
Seller's Agent
Saul Zamudio
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Zodeiva Lemus
Norm Yop, Inc., Realtors
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$379,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,995
Avg. Annual Appreciation
7.90%
Original Mortgage
$196,377
Outstanding Balance
$160,504
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$224,703

Purchase Details

Closed on
May 11, 2000
Sold by
Cervantes Susana
Bought by
Cervantes Julio and Cervantes Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 4, 2000
Sold by
Cervantes Julio
Bought by
Cervantes Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.06%

Purchase Details

Closed on
Feb 7, 1995
Sold by
Medina Maria E
Bought by
Cervantes Julio and Cervantes Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.87%

Purchase Details

Closed on
Dec 15, 1993
Sold by
Medina Martin
Bought by
Medina Maria E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blas Juan Carlos -- Old Republic Title Company
Blas Juan Carlos $200,000 Old Republic Title Company
Cervantes Julio -- Stewart Title
Cervantes Susana -- Stewart Title
Cervantes Julio $85,000 Fidelity National Title
Medina Maria E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blas Juan Carlos $196,377
Previous Owner Cervantes Julio $154,750
Previous Owner Cervantes Julio $163,000
Previous Owner Cervantes Julio $31,000
Previous Owner Cervantes Julio $106,880
Previous Owner Cervantes Julio $25,000
Previous Owner Cervantes Susana $80,000
Previous Owner Cervantes Julio $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $200,000 +0.1% $208 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $199,900 0.0% $208 / Sq Ft
07/04/2016 07/04/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $199,900 0.0% $208 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $199,900 0.0% $208 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $199,900 -- $208 / 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 $2,985 $232,112 $81,238 $150,874
2024 $2,985 $227,562 $79,646 $147,916
2023 $2,929 $223,101 $78,085 $145,016
2022 $2,635 $218,727 $76,554 $142,173
2021 $2,634 $214,439 $75,053 $139,386
2020 $2,604 $212,241 $74,284 $137,957
2019 $2,684 $208,080 $72,828 $135,252
2018 $2,528 $204,000 $71,400 $132,600
2017 $2,641 $200,000 $70,000 $130,000
2016 $1,512 $120,595 $42,562 $78,033
2015 $1,497 $118,784 $41,923 $76,861
2014 $1,271 $103,000 $36,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Saul Zamudio

    Seller's Agent in 2016

    Saul Zamudio

    Berkshire Hathaway HS Real Time Realty

    (831) 595-2083

    6 in this area

    35 Total Sales

    Section Image

  • Z

    Buyer's Agent in 2016

    Zodeiva Lemus

    Norm Yop, Inc., Realtors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81577825

MLSListings

APN: 004-436-028-000

California Monterey County Salinas 93905 East Salinas

1113 Cortez St Unit A, Salinas, CA

This home is located at 1113 Cortez St Unit A, Salinas, CA 93905 since 31 March 2016 and is currently estimated at $387,942, approximately $402 per square foot. This property was built in 1985. 1113 Cortez St Unit A 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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