NOT LISTED FOR SALE

Estimated Value: $683,000 - $722,000

2 Beds
1 Bath
931 Sq Ft
$746/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $233,000 $250 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $3,957/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Dining Room
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of March 2014

This home is located at 1242 Monroe St, Salinas, CA 93906 since 20 November 2013 and is currently estimated at $694,738, approximately $746 per square foot. This property was built in 1950. 1242 Monroe St is a home located in Monterey County with nearby schools including Henry F. Kammann Elementary School, Boronda Meadows Elementary School, and Harden Middle School.

Last Agent to Sell the Property

Cliff Mortensen

Mariner Real Estate Inc. License #00834930 Listed on: 11/20/2013

Last Buyer's Agent

Cliff Mortensen

Mariner Real Estate Inc. License #00404289

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,492

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-303-025

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 250.27
  • Listing Class: Residential
  • Structure Sq Ft: 931
  • Incorporated: Yes
  • Map Book Page: 71
  • Map Side Coordinate: 9
  • Map Top Coordinate: B
  • Thomas Bros Page: 71
  • Thomas Brothers: B9
  • Year Built: 1950
  • Zoning Description: R-1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 931
  • Stories: 1
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 003-303-025
  • List Price per Sq Ft: 225.56
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7502.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7502.00
  • Lot Size Area Min Search: 7502.00
  • Maximum Lot Size: 7502.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2015
Sold by
Sanchez Melgoza Julieta and Melgoza Julieta Sanchez
Bought by
Lopez Alfonso and Sanchez Melgoza Julieta
Current Estimated Value
$694,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Outstanding Balance
$127,142
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$567,596

Purchase Details

Listed on
Nov 20, 2013
Closed on
Mar 10, 2014
Sold by
Lopez Alfonso
Bought by
Melgoza Julieta Sanchez
Seller's Agent
Cliff Mortensen
Mariner Real Estate Inc.
Buyer's Agent
Cliff Mortensen
Mariner Real Estate Inc.
List Price
$210,000
Sold Price
$233,000
Premium/Discount to List
$23,000
10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$209,700
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2013
Closed on
Mar 6, 2014
Sold by
Rayray Castro and Rayray Felicitas
Bought by
Melgoza Julieta Sanchez
Seller's Agent
Cliff Mortensen
Mariner Real Estate Inc.
Buyer's Agent
Cliff Mortensen
Mariner Real Estate Inc.
List Price
$210,000
Sold Price
$233,000
Premium/Discount to List
$23,000
10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Rubalcava Vinicio and Rayray Felicitas
Bought by
Rayray Castro and Rayray Felicitas

Purchase Details

Closed on
Jul 24, 2008
Sold by
Rayray Castro and Rayray Felicitas
Bought by
Rayray Castro and Rayray Felicitas

Purchase Details

Closed on
Jan 26, 2007
Sold by
Rubalcava Felicitas Cielito Lindo and Rubalcava Vinicio Elias
Bought by
Rayray Castro and Rayray Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
Olivar Graciela
Bought by
Olivar Graciela and The Graciela Olivar 2003 Family Trust

Purchase Details

Closed on
Sep 25, 2000
Sold by
Cheatwood Jackie
Bought by
Olivar Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,800
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lopez Alfonso -- Old Republic Title Company
Melgoza Julieta Sanchez -- Chicago Title Company
Melgoza Julieta Sanchez $233,000 Chicago Title Company
Rayray Castro -- Chicago Title Company
Rayray Castro -- None Available
Rayray Castro -- Accommodation
Rayray Castro -- First American Title Co
Olivar Graciela -- --
Olivar Graciela $233,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alfonso $209,600
Closed Melgoza Julieta Sanchez $209,700
Previous Owner Rayray Castro $320,000
Previous Owner Olivar Graciela $186,800
Closed Olivar Graciela $46,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $233,000 +11.0% $250 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $210,000 -- $226 / 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 $3,941 $438,661 $165,491 $273,170
2024 $3,941 $431,669 $162,247 $269,422
2023 $3,807 $335,367 $155,940 $179,427
2022 $3,663 $328,792 $152,883 $175,909
2021 $3,517 $322,346 $149,886 $172,460
2020 $3,419 $319,042 $148,350 $170,692
2019 $3,341 $308,042 $148,350 $159,692
2018 $3,164 $290,023 $145,442 $144,581
2017 $2,825 $254,102 $142,591 $111,511
2016 $2,735 $241,278 $139,796 $101,482
2015 $2,840 $237,655 $137,697 $99,958
2014 $2,293 $201,000 $77,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81341574

MLSListings

APN: 003-303-025-000