NOT LISTED FOR SALE

Estimated Value: $14,355,134

58 Beds
58 Baths
28,000 Sq Ft
$513/Sq Ft Est. Value

About This Home

This home is located at 175 Kern St, Salinas, CA 93905 and is currently estimated at $14,355,134, approximately $512 per square foot. 175 Kern St is a home located in Monterey County with nearby schools including Sherwood Elementary School, Los Padres Elementary School, and Washington Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2011
Sold by
Patel Vinubhai S and Patel Shantaben V
Bought by
Patel Vinubhai S and Patel Shantaben V
Current Estimated Value
$14,355,134

Purchase Details

Closed on
Jul 10, 2008
Sold by
Tarpon Inn Llc
Bought by
Patel Vinubhai S and Patel Shantaben V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,912,500
Outstanding Balance
$3,164,373
Interest Rate
6.04%
Mortgage Type
Commercial
Estimated Equity
$11,190,761

Purchase Details

Closed on
Jun 28, 2006
Sold by
Han Sang Kyu and Han Seong Soon
Bought by
Tarpon Inn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,752,750
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2003
Sold by
Mdm Properties Llc
Bought by
Han Sang Kyu and Han Seong Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2001
Sold by
Meyer Trettin Ltd Llc
Bought by
Mdm Properties Llc

Purchase Details

Closed on
Jun 19, 1996
Sold by
Canavestment Inc
Bought by
Meyer Trettin Ltd Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Patel Vinubhai S -- None Available
Patel Vinubhai S $6,537,500 Fidelity National Title Co
Tarpon Inn Llc $5,800,000 Fidelity National Title Co
Han Sang Kyu $5,100,000 Chicago Title
Mdm Properties Llc -- --
Meyer Trettin Ltd Llc $227,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vinubhai S $4,912,500
Previous Owner Tarpon Inn Llc $2,752,750
Previous Owner Han Sang Kyu $2,025,000
Closed Han Sang Kyu $1,800,000
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 $92,606 $8,109,850 $1,013,654 $7,096,196
2024 $92,606 $7,793,675 $993,779 $6,799,896
2023 $89,106 $7,640,859 $974,294 $6,666,565
2022 $85,870 $7,491,040 $955,191 $6,535,849
2021 $82,503 $7,344,158 $936,462 $6,407,696
2020 $80,542 $7,423,084 $926,860 $6,496,224
2019 $63,416 $5,759,962 $1,225,000 $4,534,962
2018 $63,838 $5,754,710 $1,225,000 $4,529,710
2017 $52,811 $4,657,875 $1,000,000 $3,657,875
2016 $53,936 $4,660,600 $1,000,000 $3,660,600
2015 $47,922 $4,040,000 $1,000,000 $3,040,000
2014 $39,953 $3,537,500 $1,000,000 $2,537,500
Source: Public Records

Map

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