NOT LISTED FOR SALE

1509 Madrone Dr Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $801,000 - $854,000

4 Beds
2.5 Baths
2,227 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 30, 2017

Last sale price $495,000 $222 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,144/month

34 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Eat-In Kitchen
  • Separate Family Room

About This Home

As of July 2017

Just remodeled and ready for a new family to call it home. It's a 2,227 sq ft. 4 bedroom, 2.5 bathroom spacious home that has an impressive entrance that will awe you the minute you open the front door with its high vaulted ceilings and spiral staircase that leads you to the second story. Some of the updating sellers did was paint interior/exterior, installed new carpet, new sink, light fixtures, landscaped front yard and added brand new granite counter tops. Its a must see!!

Last Agent to Sell the Property

Cesar Iracheta

Elite Realty License #01180121 Listed on: 05/19/2017

Elite Realty

Last Buyer's Agent

Saul Zamudio

Berkshire Hathaway HS Real Time Realty License #01495051

Berkshire Hathaway HS Real Time Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1998

Lot Details

  • 5,706 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Separate Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 153-433-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,692

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 2227
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 2227
  • Stories: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 153-433-011-000
  • Lot Acres: 0.1310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5711.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5711.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Espinosa Francisco J and Guzman Judith Espinosa
Bought by
Espinosa Francisco J and Coria Norma Guzman
Current Estimated Value
$830,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Outstanding Balance
$366,510
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$463,909

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 25, 2017
Sold by
Coria Norma Guzman
Bought by
Espinosa Francisco J
Seller's Agent
Cesar Iracheta
Elite Realty
Buyer's Agent
Saul Zamudio
Berkshire Hathaway HS Real Time Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$420,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2017
Sold by
Soto Gerardo and Soto Mary
Bought by
Valdez Luis and Santiago Maribel

Purchase Details

Closed on
Nov 24, 1998
Sold by
Standard Pacific Corp
Bought by
Soto Gerardo and Soto Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
8.5%
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 Buyer Sale Price Title Company
Espinosa Francisco J -- Old Republic Title Company
Espinosa Francisco J -- Chicago Title Company
Santiago Maribel -- Chicago Title Company
Valdez Luis -- Chicago Title Company
Coria Fabian -- Chicago Title Company
Espinosa Espinosa Francisco J Francisco J $495,000 Chicago Title Company
Valdez Luis $410,400 None Available
Soto Gerardo $227,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Francisco J $413,000
Closed Espinosa Espinosa Francisco J Francisco J $420,750
Previous Owner Soto Gerardo $192,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2017 07/30/17 Sold $495,000 +1.0% $222 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/03/2017 06/03/17 Price Changed $489,999 -1.8% $220 / Sq Ft
05/19/2017 05/19/17 For Sale $499,000 -- $224 / 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 $8,692 $592,806 $249,085 $343,721
2024 $8,692 $581,183 $244,201 $336,982
2023 $7,851 $569,788 $239,413 $330,375
2022 $7,082 $558,617 $234,719 $323,898
2021 $7,080 $547,665 $230,117 $317,548
2020 $6,662 $514,998 $208,080 $306,918
2019 $6,868 $504,900 $204,000 $300,900
2018 $6,482 $495,000 $200,000 $295,000
2017 $4,333 $306,603 $94,549 $212,054
2016 $4,472 $300,593 $92,696 $207,897
2015 $4,400 $296,079 $91,304 $204,775
2014 $3,932 $290,280 $89,516 $200,764
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cesar Iracheta

    Elite Realty

    Section Image
  • Saul Zamudio

    Buyer's Agent in 2017

    Saul Zamudio

    Berkshire Hathaway HS Real Time Realty

    (831) 595-2083

    5 in this area

    34 Total Sales

    Saul Zamudio
    Section Image
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Map

Source: MLSListings

MLS Number: ML81652384

MLSListings

APN: 153-433-011-000

California Monterey County Salinas 93905 East Salinas

1509 Madrone Dr, Salinas, CA

This home is located at 1509 Madrone Dr, Salinas, CA 93905 since 19 May 2017 and is currently estimated at $830,419, approximately $372 per square foot. This property was built in 1998. 1509 Madrone Dr is a home located in Monterey County with nearby schools including Creekside Elementary School, La Paz Middle School, and Alisal High School.

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