NOT LISTED FOR SALE

Estimated Value: $807,791 - $922,000

3 Beds
2.5 Baths
1,394 Sq Ft
$609/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $790,000 $567 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,962/month

47 Days on Market

Highlights

  • Two Way Fireplace
  • Community Pool
  • 2 Car Attached Garage
  • Sauna
  • Open to Family Room
  • Community Playground

About This Home

As of September 2024

30K price drop. Las Palmas 2 under 800k! Incredible and immaculate Las Palmas 2 home located a short walk to Buena Vista Middle School and the community pool. This well-cared-for Southwestern-style home has been lovingly cared for by one owner for 28 years. Walking up the driveway you will be immediately captivated by a drought-tolerant landscape complete with succulents and ocean rocks and capped off by a beautiful 28-year-old cactus. Inside you won't be disappointed with the soothing design including custom tile and a downstairs 3-way fireplace. Many breakfast conversations will be had in the kitchen with bar stool countertops. The kitchen comes complete with stainless steel appliances and plenty of cabinets. The primary bedroom has everything you're looking for with a walk-in closet and the bath is spacious with a separate shower enclosure and relaxing tub. Secondary bedrooms are large and have access to another full bathroom. The rear space has been meticulously cared for with a low maintenance approach but is surrounded by many custom plants and two palm trees. All new fencing in the backyard! Overall this home exudes quality and an amazing amount of love shared. Waiting for the lucky new owner to carry on the tradition.

Last Agent to Sell the Property

Scott Craig

KW Coastal Estates License #01342579 Listed on: 06/19/2024

KW Coastal Estates

Last Buyer's Agent

Yong-Hong Cheng

KW Coastal Estates License #02109675

KW Coastal Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 3,058

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Two Way Fireplace
  • Open Floorplan
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 3,058 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 139-341-023-000

Community Details

Overview

  • Association fees include security service
  • Las Palmas Ranch Association
  • Built by Las Palmas Ranch

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1394
  • Complex Name: Las Palmas Ranch
  • Incorporated: Yes
  • Year Built: 1996
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru
  • Dining Room: Dining Area in Family Room, Dining Area in Living Room
  • Living Sq Ft: 1394
  • Stories: 2
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 225
  • HOA Amenities: BBQ Area, Community Pool, Playground, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Security Service
  • H O A Name Text: Las Palmas Ranch
  • H O A Exist: Yes

Schools

  • High School: 583

Lot Info

  • Parcel Number: 139-341-023-000
  • Lot Acres: 0.0702
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3057.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3057.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High
  • Elementary School Text: Spreckels Elementary
  • High School Text: Salinas High
  • Middle School Text: Buena Vista Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 30, 2024
Sold by
Wu Hui
Bought by
Tan Hanwei
Seller's Agent
Scott Craig
KW Coastal Estates
Buyer's Agent
Yong-Hong Cheng
KW Coastal Estates
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%
Views
123
Current Estimated Value
$849,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,448
Avg. Annual Appreciation
5.61%
Original Mortgage
$575,000
Outstanding Balance
$568,907
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$280,541

Purchase Details

Closed on
Apr 30, 1996
Sold by
L P R Associates Lp
Bought by
Arias Armando A and Arias Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tan Hanwei -- Chicago Title
Tan Hanwei $790,000 Chicago Title
Arias Armando A $196,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Hanwei $575,000
Previous Owner Arias Armando A $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $790,000 -1.1% $567 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $799,000 -3.6% $573 / Sq Ft
06/19/2024 06/19/24 For Sale $829,000 -- $595 / 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 $3,552 $790,000 $300,000 $490,000
2024 $3,552 $790,000 $300,000 $490,000
2023 $3,424 $312,916 $127,725 $185,191
2022 $3,440 $306,781 $125,221 $181,560
2021 $3,288 $300,766 $122,766 $178,000
2020 $3,211 $297,683 $121,508 $176,175
2019 $3,190 $291,847 $119,126 $172,721
2018 $3,144 $286,126 $116,791 $169,335
2017 $3,213 $280,516 $114,501 $166,015
2016 $3,093 $275,016 $112,256 $162,760
2015 $3,107 $270,886 $110,570 $160,316
2014 $2,950 $265,581 $108,405 $157,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81970163

MLSListings

APN: 139-341-023-000