NOT LISTED FOR SALE

175 Highway 156 Salinas, CA 93907

Estimated Value: $856,000 - $1,605,000

25.11 Acres
$47,887 Price per Acre
1,093,792 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $1,650,000 $1,074 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $7,223/month

891 Days on Market

Highlights

  • 25.11 Acre Lot
  • Cross Fenced
  • Lot Has A Rolling Slope
  • Agricultural

About This Lot

As of June 2018

Organic Strawberry Ranch ~ 25.00 Acres ~ Lease Projection $3500.00-$4200.00/Acre. New owner shall dictate new lease. Well/water rights and pump productivity report on file.

Last Agent to Sell the Property

Debra Ann Demos

KW Thrive Santa Cruz License #01104266 Listed on: 10/16/2015

KW Thrive Santa Cruz

Last Buyer's Agent

jian jin

Morgan Real Estate License #01807885

Property Details

Property Type

  • Land

Lot Details

  • 25.11 Acre Lot
  • Cross Fenced
  • Lot Has A Rolling Slope

Additional Features

  • Mineral Rights
  • Agricultural
  • Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: AG
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Cross Fenced

Utilities

  • Sewer/Septic System: Drainage - Other

Lot Info

  • Lot Description: Agricultural Use, Grade - Rolling
  • Lot Acres: 25.1100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1093792.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1093792.00
  • Mineral Rights: Yes
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Nassetta Thomas A and Nassetta Eliza S
Bought by
2005 Thomas A Nassetta Revocable Trust
Current Estimated Value
$1,202,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$453,417
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$749,035

Purchase Details

Closed on
Mar 28, 2014
Sold by
Nassetta Thomas and Nassetta Thomas A
Bought by
Revocab Nassetta Thomas A

Purchase Details

Closed on
Nov 6, 2007
Sold by
Cross Marina
Bought by
Nassetta Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1999
Sold by
Powell Merle and Powell Bettijean M
Bought by
Cross Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.97%
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
2005 Thomas A Nassetta Revocable Trust -- Chicago Title
Nassetta Thomas A -- Chicago Title
Revocab Nassetta Thomas A -- None Available
Nassetta Thomas $790,000 First American Title Company
Cross Marina -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nassetta Thomas A $484,000
Previous Owner Nassetta Thomas $632,000
Previous Owner Cross Marina $240,000
Closed Cross Marina $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $1,650,000 -12.0% $1,074 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,875,000 -- $1,221 / 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 $11,224 $1,042,429 $527,813 $514,616
2024 $11,224 $1,021,990 $517,464 $504,526
2023 $11,019 $1,001,952 $507,318 $494,634
2022 $10,958 $982,307 $497,371 $484,936
2021 $8,547 $963,135 $487,664 $475,471
2020 $8,330 $747,000 $378,000 $369,000
2019 $7,300 $656,000 $332,000 $324,000
2018 $7,243 $649,000 $329,000 $320,000
2017 $6,705 $623,000 $315,000 $308,000
2016 $7,025 $615,000 $250,000 $365,000
2015 -- $495,000 $251,000 $244,000
2014 -- $450,000 $228,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81519250

MLSListings

APN: 133-101-006-000