$360,000
SOLD JAN 23, 2020

1301 E Laurel Dr Salinas, CA 93905

East Salinas Neighborhood
2 Beds
1 Bath
782 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$460 Per Sq Ft

11% Above List Price

20 Days on Market

Highlights

  • Double Pane Windows
  • Separate Family Room
  • 1-Story Property
  • Forced Air Heating System
  • Dining Area

About This Home

As of January 2020

Why rent when you can own!? Great opportunity to purchase this cute home with a shop! The lot size is 7000 sf feet and has access to the back yard where you will find a 600+ sf shop on a concrete slab and power. Walking distance to schools and near Hartnell College. If looking for an investment property, check this one out! One of three homes being sold separately or together - together you would be purchasing nearly a HALF ACRE in the heart of this area. Rent beginning November 1 will be $1500 per month. See also ML81768531 & ML81768535. Located within the Alisal Vibrancy Project - a great opportunity to get in on the ground floor of neighborhood improvements.

Last Agent to Sell the Property

Valerie Smith

Intero Real Estate Services License #01254521 Listed on: 10/01/2019

Intero Real Estate Services

Last Buyer's Agent

Arturo Fraide

KW Thrive Santa Cruz License #01892495

KW Thrive Santa Cruz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,079

Year Built

  • 1940

Lot Details

  • 7,000 Sq Ft Lot
  • Mostly Level

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Separate Family Room
  • Dining Area

Kitchen

  • Gas Oven
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Homes

  • 600 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,079

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-L-5.5
  • Subclass: Single Family Home
  • Age: 79
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 600
  • Structure Sq Ft: 782
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Formica, Exhaust Fan, Oven Range - Gas
  • Living Sq Ft: 782
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: shop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 7, 2020
Sold by
Vallejo Louis J and Vallejo Denice H
Bought by
Cruz Nicanor Masa and Cruz Joy Santos
Seller's Agent
Valerie Smith
Intero Real Estate Services
Buyer's Agent
Arturo Fraide
KW Thrive Santa Cruz
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Current Estimated Value
$578,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,735
Avg. Annual Appreciation
9.05%
Original Mortgage
$353,479
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2005
Sold by
Vallejo Louis J and Vallejo Denice H
Bought by
Vallejo Louis J and Vallejo Denice H
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $360,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,562 FHA
Closed $353,479 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $360,000 +1.4% $460 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $355,000 +9.2% $454 / Sq Ft
10/01/2019 10/01/19 For Sale $325,000 -- $416 / 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 $5,079 $393,707 $262,472 $131,235
2024 $5,079 $385,988 $257,326 $128,662
2023 $4,984 $378,421 $252,281 $126,140
2022 $4,484 $371,002 $247,335 $123,667
2021 $4,485 $363,729 $242,486 $121,243
2020 $1,332 $103,242 $61,248 $41,994
2019 $1,371 $101,219 $60,048 $41,171
2018 $1,292 $99,235 $58,871 $40,364
2017 $1,340 $97,290 $57,717 $39,573
2016 $1,272 $95,384 $56,586 $38,798
2015 $1,261 $93,953 $55,737 $38,216
2014 $1,217 $92,114 $54,646 $37,468
Source: Public Records

Agents Affiliated with this Home

  • Valerie Smith

    Seller's Agent in 2020

    Valerie Smith

    Intero Real Estate Services

    (831) 801-5588

    99 Total Sales

    Valerie Smith
    Section Image

  • A

    Buyer's Agent in 2020

    Arturo Fraide

    KW Thrive Santa Cruz

    Section Image
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Map

Source: MLSListings

MLS Number: ML81768527

MLSListings

APN: 004-261-001-000

California Monterey County Salinas 93905 East Salinas

1301 E Laurel Dr, Salinas, CA

This home is located at 1301 E Laurel Dr, Salinas, CA 93905 and is currently priced at $360,000, approximately $460 per square foot. This property was built in 1940. 1301 E Laurel Dr is a home located in Monterey County with nearby schools including Bardin Elementary School, El Sausal Middle School, and Alisal High School.

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