NOT LISTED FOR SALE

318 Lorimer St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $771,000 - $817,000

2 Beds
2 Baths
1,999 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 08, 2013

Last sale price $280,000 $140 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $4,488/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Formal Dining Room
  • Wood Flooring
  • Breakfast Area or Nook
  • 2 Car Detached Garage

About This Home

As of January 2013

Wow super cute home in a great area. Lots of square feet for the price. Deatached two car garage.

Last Agent to Sell the Property

Kathleen Jackson

The Home Team, Inc. License #01092109 Listed on: 10/15/2012

Last Buyer's Agent

Suzanne Burr

Blackhorse Real Estate License #00938822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,999 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Breakfast Area or Nook

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 002-312-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,966

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 73
  • Sale Price Per Sq Ft: 140.07
  • Listing Class: Residential
  • Structure Sq Ft: 1999
  • Incorporated: Yes
  • Map Book Page: 1096
  • Map Side Coordinate: 7
  • Map Top Coordinate: H
  • Thomas Bros Page: 1096
  • Thomas Brothers: H7
  • Year Built: 1940
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Living Sq Ft: 1999
  • Stories: 1
  • Flooring: Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 002-312-004
  • List Price per Sq Ft: 125.01
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7400.00
  • Lot Size Area Min Search: 7400.00
  • Maximum Lot Size: 7400.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 31, 2012
Sold by
The Bank Of New York Mellon
Bought by
Nguyen Billy Dzuy
Seller's Agent
Kathleen Jackson
The Home Team, Inc.
Buyer's Agent
Suzanne Burr
Blackhorse Real Estate
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$786,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,425
Avg. Annual Appreciation
8.41%
Original Mortgage
$252,000
Outstanding Balance
$174,395
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$612,030

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 27, 2012
Sold by
Le Thuan Anh
Bought by
Nguyen Billy Dzuy
Seller's Agent
Kathleen Jackson
The Home Team, Inc.
Buyer's Agent
Suzanne Burr
Blackhorse Real Estate
List Price
$280,000
Sold Price
$280,000

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
Outstanding Balance
$174,395
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$612,030

Purchase Details

Closed on
Aug 22, 2012
Sold by
Phipps David O and Phipps Charlene A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 19, 1994
Sold by
Iei Inc
Bought by
Phipps David O and Phipps Charlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.7%

Purchase Details

Closed on
Mar 29, 1990
Sold by
Mobley Terrall G
Bought by
Iei Inc
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
Nguyen Billy Dzuy $280,000 Chicago Title Company
Nguyen Billy Dzuy -- Chicago Title Company
The Bank Of New York Mellon $300,600 Accommodation
Phipps David O $205,000 Chicago Title Company
Iei Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Billy Dzuy $252,000
Previous Owner Phipps David O $164,000
Closed Phipps David O $30,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2013 01/08/13 Sold $280,000 +12.0% $140 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/08/2012 11/08/12 Price Changed $249,900 -8.4% $125 / Sq Ft
10/19/2012 10/19/12 Price Changed $272,900 -2.5% $137 / Sq Ft
10/15/2012 10/15/12 For Sale $280,000 -- $140 / 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 $3,966 $344,791 $98,509 $246,282
2024 $3,966 $338,031 $96,578 $241,453
2023 $3,833 $331,404 $94,685 $236,719
2022 $3,689 $324,907 $92,829 $232,078
2021 $3,544 $318,537 $91,009 $227,528
2020 $3,446 $315,271 $90,076 $225,195
2019 $3,421 $309,090 $88,310 $220,780
2018 $3,377 $303,030 $86,579 $216,451
2017 $3,380 $297,089 $84,882 $212,207
2016 $3,383 $291,265 $83,218 $208,047
2015 $3,413 $286,890 $81,968 $204,922
2014 $3,184 $281,271 $80,363 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Jackson

    Seller's Agent in 2013

    Kathleen Jackson

    The Home Team, Inc.

    (831) 809-0205

    3 in this area

    23 Total Sales

    Kathleen Jackson
    Section Image

  • S

    Buyer's Agent in 2013

    Suzanne Burr

    Blackhorse Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81237921

MLSListings

APN: 002-312-004-000

California Monterey County Salinas 93901 South Salinas

318 Lorimer St, Salinas, CA

This home is located at 318 Lorimer St, Salinas, CA 93901 since 15 October 2012 and is currently estimated at $786,425, approximately $393 per square foot. This property was built in 1940. 318 Lorimer St is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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