$515,000
SOLD SEP 6, 2022

112 Serrano Place Soledad, CA 93960

3 Beds
1 Bath
999 Sq Ft
0.3 Acres

Recently Sold

$516 Per Sq Ft

4% Above List Price

Highlights

  • 0.3 Acre Lot
  • Ceiling Fan
  • Vinyl Flooring
  • Combination Dining and Living Room
  • Separate Family Room
  • 1-Story Property

About This Home

As of February 2024

Investors/extended families will love the potential for this oversized lot with great current rental income from tenants! Zoned R-2 (Medium density Multi Family Residential) this can be a great opportunity to build 2 additional homes on site subject to city approval. Currently the property features a 3-bedroom 1 bath single-level home which sits on over 13,000 sq ft and has plenty of parking. This property also features a studio with full kitchen and bath, as well as a separate yard area. In addition to that, there is also RV access on the side of the home which the sellers use as more rental income. With the right creative mind, who knows the possibilities with this property! Home has new exterior paint, a new water heater, as well as a kitchen that was upgraded in 2020. The lot features mature peach, lemon, apple, and avocado trees providing fresh produce and great shade! You wont want to miss this gem!

Last Agent to Sell the Property

Shaye Carter

eXp Realty of California Inc License #02105568 Listed on: 08/18/2022

eXp Realty of California Inc

Last Buyer's Agent

Sean Griffin

Agency One Real Estate License #01466508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1950

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • No Garage
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • 0.3 Acre Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 022-051-028-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,752

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 999
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 999
  • Stories: 1
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: No Garage, Off-Street Parking, On Street, Room for Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Soledad Unified

Lot Info

  • Parcel Number: 022-051-028-000
  • Lot Acres: 0.3000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13068.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13068.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Soledad Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 12, 2024
Sold by
Olea Investments
Bought by
Romo Felipe De Jesus Rui and Ruiz Marisol
Seller's Agent
Sean Griffin
Agency One Real Estate
Buyer's Agent
Monica J. Villegas
RE/MAX Gold
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Views
161
Current Estimated Value
$620,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,030
Avg. Annual Appreciation
0.09%
Original Mortgage
$480,000
Outstanding Balance
$472,467
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$143,379

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 20, 2022
Sold by
Olea Investments Inc
Bought by
Olea Investments
Seller's Agent
Shaye Carter
eXp Realty of California Inc
Buyer's Agent
Sean Griffin
Agency One Real Estate
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$387,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2022
Closed on
Aug 25, 2022
Sold by
Jasso Chavez Claudia C
Bought by
Olea Investments Inc
Seller's Agent
Shaye Carter
eXp Realty of California Inc
Buyer's Agent
Sean Griffin
Agency One Real Estate
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2016
Closed on
Nov 7, 2016
Sold by
Venegas Renee C
Bought by
Chavez Claudia C Jasso
Seller's Agent
Renee Venegas
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Cesar Iracheta
Elite Realty
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$190,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Hernandez Tony P
Bought by
Venegas Renee C

Purchase Details

Closed on
Jan 18, 2013
Sold by
Gutierrez Oscar R
Bought by
Venegas Renee C

Purchase Details

Closed on
Oct 1, 2011
Sold by
Venegas Renee C
Bought by
Gutierrez Oscar R and Venegas Renee C

Purchase Details

Closed on
Jul 8, 2011
Sold by
Hernandez Amy L
Bought by
Hernandez Tony P

Purchase Details

Closed on
Nov 29, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Venegas Renee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2008
Sold by
Aceves Honorio
Bought by
Hsbc Bank Usa Na and Home Equity Loan Trust Series Ace 2006-H

Purchase Details

Closed on
Nov 14, 2005
Sold by
Carrillo Josephine S
Bought by
Aceves Honorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $615,000 Chicago Title
Grant Deed -- Old Republic Title
Grant Deed $515,000 --
Grant Deed $220,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $87,000 Orange Coast Title
Trustee Deed $149,500 Accommodation
Grant Deed $460,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $387,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $65,250 Purchase Money Mortgage
Previous Owner $368,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $615,000 -8.9% $616 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
10/24/2023 10/24/23 For Sale $675,000 +31.1% $676 / Sq Ft
09/06/2022 09/06/22 Sold $515,000 +4.0% $516 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $495,000 +125.0% $495 / Sq Ft
11/07/2016 11/07/16 Sold $220,000 -4.3% $216 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $230,000 +2.2% $226 / Sq Ft
09/02/2016 09/02/16 For Sale $225,000 0.0% $221 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $225,000 -10.0% $221 / Sq Ft
07/28/2016 07/28/16 For Sale $250,000 -- $245 / 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 $6,752 $627,300 $306,000 $321,300
2024 $6,752 $615,000 $300,000 $315,000
2023 $6,119 $515,000 $260,000 $255,000
2022 $2,985 $515,000 $260,000 $255,000
2021 $2,886 $235,883 $134,025 $101,858
2020 $2,841 $233,465 $132,651 $100,814
2019 $2,778 $228,888 $130,050 $98,838
2018 $2,818 $224,400 $127,500 $96,900
2017 $2,720 $220,000 $125,000 $95,000
2016 $1,166 $94,633 $54,388 $40,245
2015 $1,149 $93,213 $53,572 $39,641
2014 $1,144 $91,388 $52,523 $38,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81903053

MLSListings

APN: 022-051-028-000