NOT LISTED FOR SALE

1216 Palermo Dr Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $864,000 - $1,107,000

6 Beds
4 Baths
3,647 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $435,000 $119 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,036/month

22 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Formal Dining Room
  • Living Room with Fireplace
  • Bonus Room
  • 4-minute walk to Monte Bella Community Park

About This Home

As of June 2013

One of a kind home is ready to move into! This 6bdrm,4bath home has it all! Granite kitchen counter tops, stainless steel appliances, hardwood floors, tile floors, dual sinks in both bathrooms upstairs, xtra living room upstairs, inside laundry room, full bdrm & bath down stairs, custom backyard, the list goes on and on. This one will not last long! Not a fixer upper bank owned or Short Sale.

Last Agent to Sell the Property

Sandy Vela

Vela Estates, Inc License #01784576 Listed on: 03/28/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,661

Year Built

  • Built in 2007

Lot Details

  • Zoning described as r1

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,647 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Low Flow Toliet

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 153-711-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,661

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 6
  • Sale Price Per Sq Ft: 119.28
  • Listing Class: Residential
  • Structure Sq Ft: 3647
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: r1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Insert, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 3647
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Forced Air

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 153-711-011
  • List Price per Sq Ft: 132.99
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6806.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6806.00
  • Lot Size Area Min Search: 6806.00
  • Maximum Lot Size: 6806.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 30, 2013
Sold by
Maldonado Lilia Perez
Bought by
Alvarez Edgardo
Seller's Agent
Sandy Vela
Vela Estates, Inc
List Price
$485,000
Sold Price
$435,000
Premium/Discount to List
-$50,000
-10.31%
Current Estimated Value
$985,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,976
Avg. Annual Appreciation
6.95%
Original Mortgage
$345,237
Outstanding Balance
$79,234
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$906,835

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 29, 2013
Sold by
Pacific Elite Fund Inc
Bought by
Alvarez Edgardo
Seller's Agent
Sandy Vela
Vela Estates, Inc
List Price
$485,000
Sold Price
$435,000
Premium/Discount to List
-$50,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,237
Outstanding Balance
$79,234
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$906,835

Purchase Details

Closed on
Dec 20, 2012
Sold by
Ayala Martin and Ayala Maria
Bought by
Pacific Elite Fund Inc

Purchase Details

Closed on
Sep 8, 2006
Sold by
Standard Pacific Corp
Bought by
Ayala Martin and Ayala Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,450
Interest Rate
1.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Alvarez Edgardo -- Old Republic Title Company
Alvarez Edgardo $435,000 Old Republic Title Company
Pacific Elite Fund Inc $365,000 None Available
Ayala Martin $806,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Edgardo $345,237
Previous Owner Ayala Martin $644,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $435,000 -10.3% $119 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $485,000 -- $133 / 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 $7,661 $535,658 $73,880 $461,778
2024 $7,661 $525,156 $72,432 $452,724
2023 $7,935 $514,860 $71,012 $443,848
2022 $7,000 $504,766 $69,620 $435,146
2021 $7,811 $494,869 $68,255 $426,614
2020 $6,936 $489,796 $67,556 $422,240
2019 $7,135 $480,193 $66,232 $413,961
2018 $6,773 $470,779 $64,934 $405,845
2017 $7,001 $461,549 $63,661 $397,888
2016 $6,682 $452,500 $62,413 $390,087
2015 $6,631 $445,704 $61,476 $384,228
2014 $6,491 $436,974 $60,272 $376,702
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sandy Vela

    Vela Estates, Inc

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Map

Source: MLSListings

MLS Number: ML81309904

MLSListings

APN: 153-711-011-000

California Monterey County Salinas 93905 East Salinas

1216 Palermo Dr, Salinas, CA

This home is located at 1216 Palermo Dr, Salinas, CA 93905 since 28 March 2013 and is currently estimated at $964,696, approximately $264 per square foot. This property was built in 2007. 1216 Palermo Dr is a home located in Monterey County with nearby schools including Monte Bella Elementary School, El Sausal Middle School, and Alisal High School.

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