NOT LISTED FOR SALE

1121 Palo Alto Way Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $933,181 - $1,010,000

4 Beds
2 Baths
2,278 Sq Ft
$425/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $630,000 $277 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,127/month

7 Days on Market

Highlights

  • Wood Flooring
  • Beamed Ceilings
  • Balcony
  • Granite Countertops
  • Formal Dining Room
  • Skylights

About This Home

As of July 2016

Highly desirable 4 bedroom, 2 bath single story Montecito Estates Home. Bring your toys to fill up the 3 car garage or sip wine with friends on the spacious patio with 8 foot privacy fencing. The design of this home is perfect for entertaining or family gatherings, very large family room, living room and formal dining room. Plantation shudders, granite counter tops, all appliances are Electrolux, indoor laundry room, vaulted ceilings, large master suite and so much more! This one is ready for you to move in to right now!

Last Agent to Sell the Property

Gene Griffin

KW Coastal Estates License #01003929 Listed on: 06/01/2016

KW Coastal Estates

Last Buyer's Agent

Young Seon Myong

KW Coastal Estates License #01004504

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,273

Year Built

  • Built in 1984

Lot Details

  • 7,362 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,278 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Alarm System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Built by Montecito Estates

Listing and Financial Details

  • Assessor Parcel Number 016-352-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,273

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 32
  • Listing Class: Residential
  • Structure Sq Ft: 2278
  • Complex Name: Montecito Estates
  • Incorporated: Yes
  • Year Built: 1984
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Hookups - Ice Maker, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 2278
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Hookup - Washer/Dryer, Tub / Sink
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Salinas Union High
  • High School: Salinas High
  • High School: 583

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 016-352-011-000
  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7348.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7348.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High
  • High School Text: Salinas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 28, 2016
Sold by
Sanders Michael C and Sanders Joanne E
Bought by
Son Byung Moo and Yun Seong Suk
Seller's Agent
Gene Griffin
KW Coastal Estates
Buyer's Agent
Young Seon Myong
KW Coastal Estates
List Price
$599,950
Sold Price
$630,000
Premium/Discount to List
$30,050
5.01%
Total Days on Market
7
Current Estimated Value
$968,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,795
Avg. Annual Appreciation
5.02%
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Dill Henry E and Dill Lisa J
Bought by
Sanders Michael C and Sanders Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,356
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2003
Sold by
Dill Henry E and Dill Lisa J
Bought by
Dill Henry E and Dill Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2002
Sold by
Dill Henry E and Dill Lisa J
Bought by
Dill Henry E and Dill Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.09%

Purchase Details

Closed on
Oct 15, 2002
Sold by
Dill Henry E and Dill Lisa J
Bought by
Dill Henry E and Dill Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.09%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Dill Henry E and Dill Lisa J
Bought by
Dill Henry E and Dill Lisa J

Purchase Details

Closed on
Jan 30, 1998
Sold by
Ramsey Ruth Ann
Bought by
Dill Henry E and Dill Lisa Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
6.9%
Source: Public Records

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Range of Values:

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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
Son Byung Moo $630,000 Old Republic Title Company
Sanders Michael C -- Chicago Title Company
Dill Henry E -- Old Republic Title
Dill Henry E -- Old Republic Title
Dill Henry E -- --
Dill Henry E -- Old Republic Title
Dill Henry E -- --
Dill Henry E -- --
Dill Henry E -- --
Dill Henry E -- --
Dill Henry E $313,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moo Son Byung $750,000
Closed Son Byung Moo $572,000
Closed Son Byung Moo $376,500
Closed Son Byung Moo $417,000
Previous Owner Sanders Michael C $467,752
Previous Owner Sanders Michael C $466,925
Previous Owner Sanders Michael C $475,000
Previous Owner Sanders Michael C $493,356
Previous Owner Dill Henry E $50,000
Previous Owner Dill Henry E $322,700
Previous Owner Dill Henry E $231,000
Previous Owner Dill Henry E $235,000
Previous Owner Dill Henry E $250,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $630,000 +5.0% $277 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $599,950 -- $263 / 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
2024 $8,273 $716,827 $227,563 $489,264
2023 $7,992 $702,772 $223,101 $479,671
2022 $7,694 $688,993 $218,727 $470,266
2021 $7,389 $675,485 $214,439 $461,046
2020 $7,183 $668,560 $212,241 $456,319
2019 $7,133 $655,452 $208,080 $447,372
2018 $7,044 $642,600 $204,000 $438,600
2017 $7,048 $630,000 $200,000 $430,000
2016 $6,115 $536,000 $161,000 $375,000
2015 $5,838 $500,000 $150,000 $350,000
2014 $4,635 $418,000 $125,000 $293,000
Source: Public Records

Agents Affiliated with this Home

  • Gene Griffin

    Seller's Agent in 2016

    Gene Griffin

    KW Coastal Estates

    Section Image
  • Young Seon Myong

    Buyer's Agent in 2016

    Young Seon Myong

    KW Coastal Estates

    (831) 238-4075

    1 in this area

    32 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81587320

MLSListings

APN: 016-352-011-000

California Monterey County Salinas 93901 South Salinas

1121 Palo Alto Way, Salinas, CA

This home is located at 1121 Palo Alto Way, Salinas, CA 93901 since 01 June 2016 and is currently estimated at $968,795, approximately $425 per square foot. This property was built in 1984. 1121 Palo Alto Way is a home located in Monterey County with nearby schools including University Park Elementary School, Mission Park Elementary School, and Monterey Park Elementary School.

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