NOT LISTED FOR SALE

1863 Cherokee Dr Unit 3 Salinas, CA 93906

Northridge Neighborhood

Estimated Value: $374,000 - $432,000

3 Beds
1.5 Baths
1,083 Sq Ft
392 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $195,000 $180 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,311/month

13 Days on Market

Highlights

  • In Ground Pool
  • Park or Greenbelt View
  • Ceramic Countertops
  • Gated Community
  • Bathtub with Shower
  • Community Playground

About This Home

As of December 2016

Great opportunity for investors or first time buyer in gated complex convenient to mall, shopping, and freeway access. No neighbors above with living area downstairs and bedrooms upstairs one a private patio.Well maintained landscaped grounds with pool and playground. currently rented under market rents. Possibly can rent for 1600-1700/mo. Can also purchase 1803 Cherokee 4 together for reduced price. Can also be sold with unit 1803 Cherokee 4 for a reduced price.

Last Agent to Sell the Property

Suzanne Teixeira

Bailey Properties License #00923308 Listed on: 10/27/2016

Bailey Properties

Co-Listed By

Angel Huerta

David Lyng Real Estate License #01407960

Last Buyer's Agent

Stephanie park

Sotheby’s International Realty License #00634519

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1984

Lot Details

  • 392

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Gated Home
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 261-765-047-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include decks, exterior painting, garbage, insurance, management fee, reserves, roof, security service, sewer, water / sewer
  • Northgate Village Association
  • Built by Norhtgate Village

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,537

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 32
  • Listing Class: Residential
  • Structure Sq Ft: 1083
  • Complex Name: Norhtgate Village
  • Year Built: 1984
  • Zoning Description: res condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Ceramic, Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1083
  • Stories: 2
  • Laundry: Community Facility
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Fenced, Pool - In Ground
  • Roof: Composition
  • View: Greenbelt
  • Pool: Yes
  • Fencing: Gate

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 435
  • HOA Amenities: Community Pool, Community Security Gate, Playground
  • Association Fees Include: Decks, Exterior Painting, Garbage, Insurance, Management Fee, Reserves, Roof, Security Service, Sewer, Water / Sewer
  • H O A Name Text: Northgate Village
  • H O A Exist: Yes

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 261-765-047-000
  • Lot Acres: 0.0090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 387.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 387.00

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 27, 2016
Closed on
Dec 7, 2016
Sold by
Htg Properties Llc
Bought by
Reyes Pedro
Seller's Agent
Suzanne Teixeira
Bailey Properties
Buyer's Agent
Stephanie park
Sotheby’s International Realty
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$394,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,463
Avg. Annual Appreciation
8.35%
Original Mortgage
$175,500
Outstanding Balance
$141,801
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$252,663

Purchase Details

Closed on
May 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Htg Properties Llc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Betancourt Veronica
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jun 2, 2005
Sold by
Lopez Jesus J
Bought by
Betancourt Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,320
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 7, 2005
Sold by
Lopez Rocio G
Bought by
Lopez Jesus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Ruloph Lorraine D
Bought by
Lopez Jesus J and Lopez Rocio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,587
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2000
Sold by
Lloyd Joan Mary Nelson
Bought by
Ruloph Lorraine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,250
Interest Rate
8.14%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Nelson Frances A
Bought by
Lloyd Joan Mary Nelson and Steudler Joan Mary Nelson

Purchase Details

Closed on
Sep 29, 1998
Sold by
Lownsberry Douglas Scott and Lownsberry Danielle Alice
Bought by
Nelson Neil F and Nelson Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
6.88%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Reyes Pedro $195,000 First American Title Company
Htg Properties Llc $80,000 First American Title
Deutsche Bank National Trust Co $272,077 Accommodation
Betancourt Veronica $388,000 --
Lopez Jesus J -- New Century Title Company
Lopez Jesus J $225,000 Old Republic Title
Ruloph Lorraine D $124,000 Chicago Title Co
Lloyd Joan Mary Nelson -- --
Nelson Neil F $98,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Pedro $175,500
Previous Owner Betancourt Veronica $310,320
Previous Owner Lopez Jesus J $253,000
Previous Owner Lopez Jesus J $218,587
Previous Owner Ruloph Lorraine D $113,250
Previous Owner Nelson Neil F $78,500
Closed Lopez Jesus J $7,650
Closed Betancourt Veronica $77,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $195,000 0.0% $180 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $195,000 -- $180 / 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 $2,537 $226,308 $69,632 $156,676
2024 $2,537 $221,871 $68,267 $153,604
2023 $2,451 $217,522 $66,929 $150,593
2022 $2,359 $213,258 $65,617 $147,641
2021 $2,265 $209,078 $64,331 $144,747
2020 $2,201 $206,935 $63,672 $143,263
2019 $2,184 $202,878 $62,424 $140,454
2018 $2,155 $198,900 $61,200 $137,700
2017 $2,155 $195,000 $60,000 $135,000
2016 $1,526 $129,441 $41,421 $88,020
2015 $1,539 $127,497 $40,799 $86,698
2014 $1,438 $125,000 $40,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81630097

MLSListings

APN: 261-765-047-000