$2,300,000
SOLD FEB 14, 2025

17560 Calle Del Adobe Salinas, CA 93907

Boronda Neighborhood
1.91 Acres
$1,204,819 Price per Acre
83,156 Sq Ft Lot

Recently Sold

8% Below List Price

418 Days on Market

About This Lot

As of February 2025

Amazing opportunity to own two commercial lots which in the past had pre-approved plans for a 91 room hotel in a prime location. Its proximity to the 101 Freeway ensures easy connectivity making it an ideal choice for a hotel venture. You can build both apartments and commercial on this lots. The sellers are highly motivated to negotiate on these prime commercial lots. Act now, and let's turn possibilities into reality!

Last Agent to Sell the Property

Lucila Rubio

Century 21 A Property Shoppe License #01468321 Listed on: 12/22/2023

Century 21 A Property Shoppe

Last Buyer's Agent

Lucila Rubio

Century 21 A Property Shoppe License #01468321 Listed on: 12/22/2023

Century 21 A Property Shoppe

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,796

Lot Details

  • 1.91 Acre Lot
  • Partially Fenced Property

Property Details

Property Type

Land

Est. Annual Taxes

$7,796

Lot Details

0

Listing Details

  • Zoning: comm
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Bare Land
  • Development Status: Improvements - None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer Available

Lot Info

  • Lot Description: Regular
  • Lot Acres: 1.9090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 83156.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 83156.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Available - Not On Site

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Jan 30, 2025
Sold by
Patel Sunder
Bought by
Patel Paresh V
Seller's Agent
Lucila Rubio
Century 21 A Property Shoppe
Buyer's Agent
Lucila Rubio
Century 21 A Property Shoppe
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
308
Current Estimated Value
$1,073,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,227,000
Avg. Annual Appreciation
-84.43%
Original Mortgage
$1,700,000
Outstanding Balance
$1,692,826
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Estimated Equity
-$619,826

Purchase Details

Closed on
Mar 8, 2005
Sold by
Hogan James Bernard and Parsons Madeline Hogan
Bought by
Singh Chanchal M and Kaur Manjeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2005
Sold by
Hogan James Bernard and Parsons Madeline Hogan
Bought by
Hogan James Bernard and Parsons Madeline Hogan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Chicago Title Company
Deed -- Chicago Title Company
Grant Deed $2,300,000 Chicago Title Company
Grant Deed $800,000 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 Seller Take Back
Previous Owner $500,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $2,300,000 -8.0% --
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $2,500,000 0.0% --
12/21/2024 12/21/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $2,500,000 0.0% --
06/21/2024 06/21/24 Price Changed $2,500,000 +8.7% --
06/21/2024 06/21/24 Off Market $2,300,000 -- --
02/09/2024 02/09/24 Price Changed $3,500,000 -36.4% --
12/22/2023 12/22/23 For Sale $5,499,000 -- --
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 $7,796 $683,402 $683,402 --
2024 $7,796 $670,002 $670,002 --
2023 $7,533 $656,865 $656,865 $0
2022 $7,256 $643,986 $643,986 --
2021 $6,969 $631,359 $631,359 $0
2020 $6,776 $624,886 $624,886 $0
2019 $6,732 $612,634 $612,634 $0
2018 $6,651 $600,622 $600,622 $0
2017 $6,657 $588,846 $588,846 $0
2016 $6,663 $577,300 $577,300 $0
2015 $6,721 $568,629 $568,629 $0
2014 $6,266 $557,491 $557,491 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950132

MLSListings

APN: 261-131-030-000