NOT LISTED FOR SALE

1240 Padre Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $764,000 - $830,213

4 Beds
3 Baths
2,029 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $615,000 $303 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,803/month

7 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Living Room
  • No HOA
  • Bathtub with Shower
  • Central Heating and Cooling System

About This Home

As of August 2021

You're going to love this corner lot! Property features 4 bedrooms 3 bathrooms with fireplace. Bonus sunroom equipped with second kitchen. Attached 2-car garage. This home is close to freeways shopping and schools.

Last Agent to Sell the Property

Justin Stankevich

eXp Realty of California Inc. License #01811339 Listed on: 07/07/2021

eXp Realty of California Inc.

Last Buyer's Agent

Haleem Ballou

Real Estate Experts ERA Powered License #02030062

Real Estate Experts ERA Powered

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,601 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,029 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016-175-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 1
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Formal Area
  • Kitchen Features: Pantry Cabinet
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 303.10
  • Square Footage: 2029

Exterior Features

  • Construction Materials: Frame
  • Disclosures/Documents: Home Inspection Report, Pest Control Report Available
  • Fencing: Back Yard
  • Foundation: Combination
  • Horse Property: No
  • Listing Price: 550000.00
  • Lot Features: Other
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Security: Other
  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Salinas Union High

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.2204
  • Lot Size Sq Ft: 9601

Tax Info

  • Assessor Parcel Number: 016-175-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Monterey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 19, 2021
Sold by
Tognazzini Bonnie Elizabeth and The 1989 Davis Revocable Trust
Bought by
Indra Vannakhone and Indra Mariza
Seller's Agent
Justin Stankevich
eXp Realty of California Inc.
Buyer's Agent
Haleem Ballou
Real Estate Experts ERA Powered
List Price
$550,000
Sold Price
$615,000
Premium/Discount to List
$65,000
11.82%
Current Estimated Value
$800,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,303
Avg. Annual Appreciation
6.21%
Original Mortgage
$430,500
Outstanding Balance
$391,458
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,845

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jul 15, 2021
Sold by
Florence Davis Jennie
Bought by
1989 Davis Revocable Trust
Seller's Agent
Justin Stankevich
eXp Realty of California Inc.
Buyer's Agent
Haleem Ballou
Real Estate Experts ERA Powered
List Price
$550,000
Sold Price
$615,000
Premium/Discount to List
$65,000
11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Outstanding Balance
$391,458
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,845

Purchase Details

Closed on
Sep 9, 2005
Sold by
Davis Jennie Florence and 1989 Davis Revocable Trust
Bought by
Davis Jennie Florence and Davis Survivors Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Indra Vannakhone $615,000 First American Title Company
1989 Davis Revocable Trust -- --
Davis Jennie Florence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indra Vannakhone $430,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $615,000 +11.8% $303 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $550,000 -- $271 / Sq Ft
Source: MetroList

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 $7,461 $652,642 $344,892 $307,750
2024 $7,461 $639,846 $338,130 $301,716
2023 $7,215 $627,300 $331,500 $295,800
2022 $6,942 $615,000 $325,000 $290,000
2021 $1,280 $615,000 $325,000 $290,000
2020 $1,244 $118,358 $17,975 $100,383
2019 $1,230 $116,038 $17,623 $98,415
2018 $1,213 $113,764 $17,278 $96,486
2017 $1,212 $111,535 $16,940 $94,595
2016 $1,211 $109,349 $16,608 $92,741
2015 $1,220 $107,707 $16,359 $91,348
2014 $1,139 $105,598 $16,039 $89,559
Source: Public Records

Agents Affiliated with this Home

  • Justin Stankevich

    Seller's Agent in 2021

    Justin Stankevich

    eXp Realty of California Inc.

    (916) 305-9590

    1 in this area

    48 Total Sales

    Justin Stankevich
    Section Image

  • H

    Buyer's Agent in 2021

    Haleem Ballou

    Real Estate Experts ERA Powered

    Section Image
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Map

Source: MetroList

MLS Number: 221080152

MetroList

APN: 016-175-002-000

California Monterey County Salinas 93901 South Salinas

1240 Padre Dr, Salinas, CA

Not Listed for Sale

Detached

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