NOT LISTED FOR SALE

1861 Cherokee Dr Unit 4 Salinas, CA 93906

Northridge Neighborhood

Estimated Value: $272,614 - $307,000

1 Bed
1 Bath
585 Sq Ft
2,261 Sq Ft Lot

Last Sold December 27, 2018

Last sale price $180,000 $308 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,741/month

32 Days on Market

About This Home

As of December 2018

LOCATION, CONDITION AND PRICE! Lowest priced property in North Salinas centrally located near schools, parks, shopping and restaurants. This move in ready condo features 1 bedroom, 1 bath, patio, tile and wood laminate flooring, updated kitchen, indoor laundry and spacious master bedroom with walk-in closet.

Last Agent to Sell the Property

Noe Renteria

RE/MAX Real Estate Services License #01277574 Listed on: 10/24/2018

RE/MAX Real Estate Services

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1984

Lot Details

  • 2,261

Interior Spaces

  • 585 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, hot water, insurance - common area, pool spa or tennis
  • Regency Management Association

Listing and Financial Details

  • Assessor Parcel Number 261-765-044-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,328

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 585
  • Year Built: 1984
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 585
  • Stories: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 450
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Hot Water, Insurance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Regency Management
  • H O A Exist: Yes

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 261-765-044-000
  • Lot Acres: 0.0519
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2260.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2260.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 20, 2018
Sold by
Hon Stephen
Bought by
Quiroz Richard A and Martinez Veronica V
Seller's Agent
Noe Renteria
RE/MAX Real Estate Services
Buyer's Agent
RECIP
Out of Area Office
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$290,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,654
Avg. Annual Appreciation
7.32%
Original Mortgage
$171,000
Outstanding Balance
$150,955
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$139,699

Purchase Details

Closed on
Sep 18, 2014
Sold by
Helm Dona and Marovich 1988 Living Trust
Bought by
Hon Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Helm Dona

Purchase Details

Closed on
Jul 19, 2008
Sold by
Galvez Leeroy
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital Inc Msac 2007

Purchase Details

Closed on
Oct 9, 2006
Sold by
Cabrera Alberto
Bought by
Galvez Leeroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2005
Sold by
Galvez Leeroy
Bought by
Galvez Leeroy and Cabrera Alberto

Purchase Details

Closed on
Jan 10, 2003
Sold by
Zarate Jose N
Bought by
Galvez Leeroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.45%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Hughes Julie Ann and Hughes Julie A
Bought by
Zarate Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2000
Sold by
Zarate Marisela
Bought by
Zarate Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2000
Sold by
Dickerson Richard
Bought by
Hughes Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
8.3%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Quiroz Richard A $180,000 First American Title Co
Hon Stephen $85,000 Old Republic Title Company
Helm Donal -- Old Republic Title Company
Helm Dona $59,000 Old Republic Title Company
Deutsche Bank National Trust Co $102,000 None Available
Galvez Leeroy -- Chicago Title Co
Galvez Leeroy -- --
Galvez Leeroy $160,000 Chicago Title
Zarate Jose N $86,500 Chicago Title Co
Zarate Jose N -- Chicago Title Co
Hughes Julie Ann -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Richard A $171,000
Previous Owner Hon Stephen $80,750
Previous Owner Galvez Leeroy $252,000
Previous Owner Galvez Leeroy $136,000
Previous Owner Zarate Jose N $84,400
Closed Zarate Jose N $2,593
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $180,000 +9.1% $308 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $165,000 -8.3% $282 / Sq Ft
10/24/2018 10/24/18 For Sale $179,900 -- $308 / 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 $2,328 $200,790 $100,395 $100,395
2024 $2,328 $196,854 $98,427 $98,427
2023 $2,250 $192,996 $96,498 $96,498
2022 $2,168 $189,212 $94,606 $94,606
2021 $2,082 $185,502 $92,751 $92,751
2020 $2,025 $183,600 $91,800 $91,800
2019 $2,010 $180,000 $90,000 $90,000
2018 $972 $91,572 $43,093 $48,479
2017 $971 $89,778 $42,249 $47,529
2016 $970 $88,019 $41,421 $46,598
2015 $976 $86,698 $40,799 $45,899
2014 $732 $61,974 $31,513 $30,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728812

MLSListings

APN: 261-765-044-000