NOT LISTED FOR SALE

162 N Madeira Ave Unit B Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $240,000 - $476,000

2 Beds
1.5 Baths
960 Sq Ft
7,841 Sq Ft Lot

Last Sold August 08, 2013

Last sale price $75,000 $78 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $1,952/month

2 Days on Market

Highlights

  • Breakfast Room
  • Bathtub
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Walk-in Shower

About This Home

As of August 2013

Good Opportunity to own this condo 2 bed 1.5 bath . Short sale .

Last Agent to Sell the Property

Monica Figueroa

Vanco Real Estate Executives License #01756509 Listed on: 05/08/2013

Vanco Real Estate Executives

Last Buyer's Agent

Monica Figueroa

Vanco Real Estate Executives License #01756509 Listed on: 05/08/2013

Vanco Real Estate Executives

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1985

Lot Details

  • 7,841

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Breakfast Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, garbage, insurance - common area
  • La Terraza Association

Listing and Financial Details

  • Assessor Parcel Number 004-024-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,094

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Sale Price Per Sq Ft: 78.12
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 960
  • Incorporated: Yes
  • Map Book Page: 77
  • Map Side Coordinate: 2
  • Map Top Coordinate: E
  • Thomas Bros Page: 77
  • Thomas Brothers: E2
  • Year Built: 1985
  • Zoning Description: sf
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Living Sq Ft: 960
  • Stories: 2
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 200
  • Association Fees Include: Landscaping / Gardening, Garbage, Insurance - Common Area
  • H O A Name Text: La Terraza
  • Levels In Unit: 2
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 004-024-002
  • List Price per Sq Ft: 62.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 794.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 794.00
  • Lot Size Area Min Search: 794.00
  • Maximum Lot Size: 794.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Minimum Building Height: 9

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Martin Maria
Bought by
Martin Maria and Maria Martin Family Trust
Current Estimated Value
$353,680

Purchase Details

Listed on
May 8, 2013
Closed on
Jul 31, 2013
Sold by
Coronel Guadalupe
Bought by
Martin Ines and Martin Maria
Seller's Agent
Monica Figueroa
Vanco Real Estate Executives
Buyer's Agent
Monica Figueroa
Vanco Real Estate Executives
List Price
$60,000
Sold Price
$75,000
Premium/Discount to List
$15,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Nov 12, 2003
Sold by
Torres Casimiro and Torres Norma
Bought by
Coronel Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2001
Sold by
Torres Casimiro
Bought by
Torres Casimiro and Torres Norma

Purchase Details

Closed on
Dec 17, 1998
Sold by
Hud
Bought by
Torres Casimiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.66%

Purchase Details

Closed on
May 18, 1998
Sold by
Alliance Mtg Company
Bought by
Hud

Purchase Details

Closed on
May 11, 1998
Sold by
Rios Manuel and Fernandez Salvador
Bought by
Alliance Mtg Company

Purchase Details

Closed on
Nov 12, 1997
Sold by
Rios Manuel and Saldana Martin
Bought by
La Terraza Assn

Purchase Details

Closed on
Mar 5, 1996
Sold by
Feather Steven V and Feather Angelica M
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Feb 5, 1996
Sold by
Countrywide Funding Corp
Bought by
Hud

Purchase Details

Closed on
Oct 11, 1995
Sold by
Fernandez Salvador
Bought by
Rios Manuel and Zubiate Martin

Purchase Details

Closed on
Oct 14, 1994
Sold by
Zubiate Adam and Zubiate Cynthia
Bought by
Rios Manuel and Fernandez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,810
Interest Rate
8.54%
Mortgage Type
FHA
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
Martin Maria -- None Available
Martin Ines $75,000 Chicago Title Company
Coronel Guadalupe $203,000 Stewart Title
Torres Casimiro -- --
Torres Casimiro $65,000 North American Title Co
Hud -- Fidelity National Title Ins
Alliance Mtg Company $93,343 Fidelity National Title Ins
La Terraza Assn $3,819 --
Countrywide Funding Corp $113,776 Chicago Title
Hud -- Chicago Title
Rios Manuel -- --
Rios Manuel $87,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coronel Guadalupe $203,000
Previous Owner Torres Casimiro $52,000
Previous Owner Rios Manuel $86,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $75,000 +25.0% $78 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $60,000 -- $63 / 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 $1,094 $91,929 $30,641 $61,288
2024 $1,094 $90,128 $30,041 $60,087
2023 $1,057 $88,361 $29,452 $58,909
2022 $1,019 $86,629 $28,875 $57,754
2021 $979 $84,931 $28,309 $56,622
2020 $952 $84,061 $28,019 $56,042
2019 $944 $82,414 $27,470 $54,944
2018 $932 $80,799 $26,932 $53,867
2017 $932 $79,215 $26,404 $52,811
2016 $933 $77,663 $25,887 $51,776
2015 $940 $76,498 $25,499 $50,999
2014 $880 $75,000 $25,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Monica Figueroa

    Vanco Real Estate Executives

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Map

Source: MLSListings

MLS Number: ML81316072

MLSListings

APN: 004-024-002-000

California Monterey County Salinas 93905 East Salinas

162 N Madeira Ave Unit B, Salinas, CA

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