NOT LISTED FOR SALE

1272 Palermo Dr Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $821,859 - $903,000

3 Beds
2.5 Baths
2,223 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $736,000 $331 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,642/month

8 Days on Market

Highlights

  • Solar Power System
  • High Ceiling
  • Den
  • Soaking Tub in Primary Bathroom
  • Granite Countertops
  • Formal Dining Room

About This Home

As of August 2021

PROPPORTUNITY TIME!! Move in ready, new construction, turn-key home with attached garage in the Monte Bella neighborhood with views of the Santa Lucia Range! The lower level boasts an office space, half bath, open layout kitchen flowing into the family room, low maintenance spacious backyard complete with nurtured landscaping. This well cared for energy efficient home comes with all appliances, tankless water heater, solar panels, washer and dryer, and hot tub! The upper level includes a master bedroom with walk in closet, stall shower, oversized tub, dual sinks, 2 additional bedrooms and another full bathroom with dual sinks. Perfect home for entertaining.

Last Agent to Sell the Property

Lisa Brom

Sotheby’s International Realty License #01893705 Listed on: 07/14/2021

Sotheby’s International Realty

Co-Listed By

Ariel Wright

Sotheby’s International Realty License #02042979

Last Buyer's Agent

Corin Mower Hammond

David Lyng Real Estate License #02099048

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 4,417 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Additional Features

  • Barbecue Area
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2223
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area In Living Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Island, Microwave, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 2223
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Electricity Hookup (220V), Upper Floor, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Bbq Area, Fenced
  • Fencing: Fenced, Wood
  • Pool: Spa / Hot Tub
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Lot Info

  • Lot Acres: 0.1014
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4419.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4419.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Lien

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 11, 2021
Sold by
Ross Chad Adam and Kohiman Miller Rachel
Bought by
Baker Sandra and Tavira Sergio
Seller's Agent
Lisa Brom
Sotheby’s International Realty
Buyer's Agent
Corin Mower Hammond
David Lyng Real Estate
List Price
$689,000
Sold Price
$736,000
Premium/Discount to List
$47,000
6.82%
Current Estimated Value
$868,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,465
Avg. Annual Appreciation
3.85%
Original Mortgage
$722,669
Outstanding Balance
$657,130
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$211,335

Purchase Details

Closed on
Jul 11, 2018
Sold by
Bmch California Llc
Bought by
Ross Chad Adam and Miller Rachel Kohlman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,800
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Baker Sandra $736,000 Old Republic Title Company
Ross Chad Adam $553,500 Firs American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Sandra $722,669
Previous Owner Ross Chad Adam $442,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $736,000 +6.8% $331 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $689,000 -- $310 / 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 $13,207 $781,048 $318,362 $462,686
2024 $13,207 $765,734 $312,120 $453,614
2023 $13,193 $750,720 $306,000 $444,720
2022 $12,183 $736,000 $300,000 $436,000
2021 $10,279 $736,000 $300,000 $436,000
2020 $10,193 $564,570 $229,500 $335,070
2019 $10,696 $553,500 $225,000 $328,500
2018 $2,673 $147,917 $147,917 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Brom

    Seller's Agent in 2021

    Lisa Brom

    Sotheby’s International Realty

    (831) 682-0126

    1 in this area

    43 Total Sales

    Lisa Brom
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Ariel Wright

    Sotheby’s International Realty

    Section Image
  • Corin Mower Hammond

    Buyer's Agent in 2021

    Corin Mower Hammond

    David Lyng Real Estate

    (831) 588-5528

    1 in this area

    12 Total Sales

    Corin Mower Hammond
    Section Image
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Map

Source: MLSListings

MLS Number: ML81853583

MLSListings

APN: 153-713-057-000

California Monterey County Salinas 93905 East Salinas

1272 Palermo Dr, Salinas, CA

Not Listed for Sale

Detached

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