NOT LISTED FOR SALE

1314 Palmera Ave Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $628,000 - $707,000

3 Beds
2 Baths
1,183 Sq Ft
$566/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $467,000 $395 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,844/month

10 Days on Market

Highlights

  • High Ceiling
  • Bathtub with Shower
  • Walk-in Shower
  • 1 Car Attached Garage
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of June 2020

This 3 bedroom, 2 bathroom home is in a very nice neighborhood, close to schools, and with good accessibility to shopping. The bathrooms have been completely remodeled, there are new carpets in the bedrooms, and there are tile floors throughout the rest of the house. There is a nice large shed in the back yard. The fire sprinkler system has been completely redone and there is a whole house water filter in the garage. The home has been freshly painted throughout. There are lighted ceiling fans in the bedrooms and living room, and all windows have levelor blinds. Make sure to see this home quickly because it shouldn't last too long on the market.

Last Agent to Sell the Property

Steve Malvini

Malvini Real Estate Group License #01198227 Listed on: 05/08/2020

Last Buyer's Agent

Nathan Frater

Frater Real Estate, Inc. License #01087535

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • 4,905

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire Sprinkler System
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • 4,905 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

0

Parking

1

Listing Details

  • Zoning: r-1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1183
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1183
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Laundry: In Garage
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Concrete

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Acres: 0.1126
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4905.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4905.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Williams Franklin J
Bought by
Williams Franklin J and Young Patsy
Current Estimated Value
$669,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,450
Outstanding Balance
$417,082
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$251,933

Purchase Details

Closed on
Mar 9, 2021
Sold by
Williams Franklin J and Young Patsy
Bought by
Williams Franklin Jerry and Young Patsy Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,450
Outstanding Balance
$417,082
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$251,933

Purchase Details

Closed on
Feb 16, 2021
Sold by
Williams Franklin Jerry and Williams Franklin J
Bought by
Williams Franklin Jerry and Young Patsy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,450
Outstanding Balance
$417,082
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$251,933

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 24, 2020
Sold by
Bellby Kathryn Lynn
Bought by
Williams Franklin J
Seller's Agent
Steve Malvini
Malvini Real Estate Group
Buyer's Agent
Nathan Frater
Frater Real Estate, Inc.
List Price
$485,000
Sold Price
$467,000
Premium/Discount to List
-$18,000
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$465,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Jan 6, 2019
Closed on
Mar 6, 2019
Sold by
Yasin Khader Fayk
Bought by
Beilby Kathryn Lynn
Seller's Agent
Steve Malvini
Malvini Real Estate Group
Buyer's Agent
Dean Hoffman
Academy Realty
List Price
$403,900
Sold Price
$401,000
Premium/Discount to List
-$2,900
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$320,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2016
Sold by
Castro Norma and Castro Jose Jorge
Bought by
Yasin Khader Fayk

Purchase Details

Closed on
Jun 30, 2009
Sold by
Medina David and Medina Angelica
Bought by
Castro Norma and Castro Jose Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,848
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2008
Sold by
Medina David
Bought by
Medina David and Medina Angelica

Purchase Details

Closed on
Jan 5, 2008
Sold by
Medina David and Medina Angelica
Bought by
Medina David and Medina Angelica

Purchase Details

Closed on
Dec 4, 2006
Sold by
Medina David and Medina Angelica
Bought by
Medina David and Medina Angelica

Purchase Details

Closed on
Feb 25, 2005
Sold by
Ramirez Javier R and Ramirez Maria De Lourdes
Bought by
Medina David and Medina Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2001
Sold by
Regalado Maria
Bought by
Ramirez Javier R and Alfaro Maria Delourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.15%

Purchase Details

Closed on
Sep 7, 1995
Sold by
Old Republic Title Company
Bought by
Ramirez Javier R and Alfaro Maria De Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
7.88%
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
Williams Franklin J -- Bnt Title Company Of Ca
Williams Franklin Jerry -- None Available
Williams Franklin Jerry -- None Available
Williams Franklin J $467,000 Old Republic Title Company
Beilby Kathryn Lynn $401,000 Chicago Title Company Salina
Yasin Khader Fayk $225,000 Chicago Title Company
Castro Norma $174,000 Stewart Title Of California
Medina David -- Santa Cruz Title Company
Medina David -- None Available
Medina David -- None Available
Medina David $525,000 Chicago Title
Ramirez Javier R -- First American Title
Ramirez Javier R $125,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Franklin J $463,450
Closed Williams Franklin J $465,000
Previous Owner Beilby Kathryn Lynn $320,800
Previous Owner Castro Norma $170,848
Previous Owner Medina David $335,000
Previous Owner Ramirez Javier R $120,000
Previous Owner Ramirez Javier R $121,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $467,000 -3.7% $395 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $485,000 +20.9% $410 / Sq Ft
03/14/2019 03/14/19 Sold $401,000 -0.7% $339 / Sq Ft View Prior Sale
02/07/2019 02/07/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $403,900 -- $341 / 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 $4,562 $510,727 $273,408 $237,319
2024 $4,562 $500,714 $268,048 $232,666
2023 $4,576 $490,897 $262,793 $228,104
2022 $5,967 $481,273 $257,641 $223,632
2021 $5,966 $471,838 $252,590 $219,248
2020 $5,263 $409,020 $204,000 $205,020
2019 $5,039 $371,421 $111,426 $259,995
2018 $4,755 $364,140 $109,242 $254,898
2017 $5,589 $357,000 $107,100 $249,900
2016 $3,267 $189,727 $65,422 $124,305
2015 $3,449 $186,878 $64,440 $122,438
2014 $3,360 $183,218 $63,178 $120,040
Source: Public Records

Agents Affiliated with this Home

  • Steve Malvini

    Seller's Agent in 2020

    Steve Malvini

    Malvini Real Estate Group

    (831) 206-4919

    5 in this area

    23 Total Sales

    Steve Malvini
    Section Image
  • Nathan Frater

    Buyer's Agent in 2020

    Nathan Frater

    Frater Real Estate, Inc.

    (831) 261-5742

    1 in this area

    19 Total Sales

    Nathan Frater
    Section Image

  • D

    Buyer's Agent in 2019

    Dean Hoffman

    Academy Realty

    (831) 277-2617

    6 Total Sales

    Dean Hoffman
    Section Image
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Map

Source: MLSListings

MLS Number: ML81791883

MLSListings

APN: 153-363-035-000

California Monterey County Salinas 93905 East Salinas

1314 Palmera Ave, Salinas, CA

Not Listed for Sale

Detached

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