NOT LISTED FOR SALE

197 Rio Verde Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $997,000 - $1,071,000

3 Beds
2 Baths
2,360 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $985,000 $417 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,279/month

16 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wood Burning Stove
  • Beamed Ceilings
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Gazebo

About This Home

As of April 2022

Don't miss this single-level Monterey Park beauty, nestled in a sweet neighborhood close to town & yet sits on more than 1/3 of an acre! Plenty of room for a possible granny/guest unit, or to park your boat / RV / toys parking, along with a backyard space ideal for entertaining, including pergola, raised garden beds, and low maintenance landscaping. Inside you'll find warm wood floors, a custom stone fireplace in the living room; gorgeous updated kitchen with stainless steel appliances & butcher block countertops; a cozy dining area off of the kitchen, with a wet bar, wood-burning stove & sliding door that opens to the back patio; spacious main bedroom with fireplace, two more generous bedrooms; plus updated electrical and plumbing, two-car garage, stamped concrete driveway, and so much more.

Last Agent to Sell the Property

Dani M. Wilcox

KW Coastal Estates License #01982101 Listed on: 02/16/2022

KW Coastal Estates

Last Buyer's Agent

Jason Montgomery

Compass License #01519124

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.36 Acre Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Gazebo
  • Shed
  • Built-In Barbecue
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2360
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Family Room: No Family Room
  • Fireplace: Free Standing, Gas Burning, Living Room, Primary Bedroom, Wood Burning, Wood Stove
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Built-In Bbq Grill, Cooktop - Gas, Countertop - Other, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Double, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2360
  • Stories: 1
  • Laundry: Gas Hookup, In Garage
  • Fireplaces Min: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Fenced, Gazebo, Low Maintenance, Storage Shed / Structure
  • Fencing: Complete Perimeter, Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Wet Bar

Lot Info

  • Lot Acres: 0.3558
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Santiago Jessica and Santiago Jose Michael
Bought by
Santiago Family Trust and Santiago
Current Estimated Value
$1,027,108

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 23, 2022
Sold by
Douglas King
Bought by
Santiago Jessica and Santiago Jose Michael
Seller's Agent
Dani M. Wilcox
KW Coastal Estates
Buyer's Agent
Jason Montgomery
Compass
List Price
$997,000
Sold Price
$985,000
Premium/Discount to List
-$12,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$788,000
Interest Rate
4.16%
Mortgage Type
Balloon

Purchase Details

Closed on
May 6, 2020
Sold by
King Douglas and Bisbiglia Dianne T
Bought by
King Douglas and Bisbiglia Dianne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2016
Closed on
Oct 18, 2016
Sold by
Lapidus Lapidus Paul L Paul L and Lapidus Lawrence M
Bought by
King Doug E and Bisbiglia Dianne T
Seller's Agent
Bill Backus
Backus Properties
Buyer's Agent
Tammy LaSala
Coldwell Banker Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$380,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santiago Family Trust -- None Listed On Document
Santiago Jessica $985,000 Chicago Title
King Douglas -- Chicago Title Company
King Doug E $595,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Jessica $788,000
Previous Owner King Douglas $365,200
Previous Owner King Doug E $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $985,000 -1.2% $417 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $997,000 +67.6% $422 / Sq Ft
10/21/2016 10/21/16 Sold $595,000 -4.8% $252 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
08/08/2016 08/08/16 Price Changed $625,000 -3.8% $265 / Sq Ft
07/01/2016 07/01/16 For Sale $650,000 -- $275 / Sq Ft
Source: MLSListings

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 $11,928 $1,045,289 $424,483 $620,806
2024 $11,928 $1,024,794 $416,160 $608,634
2023 $11,526 $1,004,700 $408,000 $596,700
2022 $7,349 $985,000 $400,000 $585,000
2021 $7,059 $637,957 $246,605 $391,352
2020 $6,864 $631,417 $244,077 $387,340
2019 $6,817 $619,038 $239,292 $379,746
2018 $6,733 $606,900 $234,600 $372,300
2017 $6,738 $595,000 $230,000 $365,000
2016 $1,369 $115,619 $26,250 $89,369
2015 $1,381 $113,883 $25,856 $88,027
2014 $1,291 $111,653 $25,350 $86,303
Source: Public Records

Agents Affiliated with this Home

  • Dani M. Wilcox

    Seller's Agent in 2022

    Dani M. Wilcox

    KW Coastal Estates

    (831) 229-4651

    10 in this area

    60 Total Sales

    Dani M. Wilcox
    Section Image

  • J

    Buyer's Agent in 2022

    Jason Montgomery

    Compass

    Section Image
  • Bill Backus

    Seller's Agent in 2016

    Bill Backus

    Backus Properties

    (831) 262-9730

    26 in this area

    82 Total Sales

    Bill Backus
    Section Image

  • T

    Buyer's Agent in 2016

    Tammy LaSala

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81878390

MLSListings

APN: 016-111-012-000

California Monterey County Salinas 93901 South Salinas

197 Rio Verde Dr, Salinas, CA

Not Listed for Sale

Detached

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