NOT LISTED FOR SALE

Estimated Value: $499,610

2 Beds
0.5 Bath
1,171 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $465,000 $397 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,110/month

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 1-Story Property
  • Spanish Architecture
  • Open to Family Room

About This Home

As of August 2023

This adorable 1930's Spanish Revival Bungalow exudes charm & potential. Sitting on an unusually large, tree-lined 0.22 acre lot, just a few blocks from the courthouse & downtown Salinas, this rare property offers multiple possibilities. Most recent use was as law offices. The kitchen has been removed to provide an extra office; the bathroom tub was removed leaving a roomy 1/2 bathroom. The partially paved back yard offers room for client parking but this spacious area also provides an opportunity to add a detached 3 car garage or perhaps an ADU between the mature fig & fruit trees. The home features many original architectural details from arched doorways & a mini bell-tower to solid wood door & window mouldings & crystal door-knobs. Many of the surrounding homes have already been restored and renovated & the result is a charming street filled with unique properties reflecting the history of Salinas. This is the perfect property for a small business, start-up, contractor or developer.

Last Agent to Sell the Property

Karen Cosentino

Better Homes & Gardens Real Estate: BEST LIFE License #01001367 Listed on: 07/26/2023

Better Homes & Gardens Real Estate: BEST LIFE

Last Buyer's Agent

Zodeiva Lemus

Sunshine Realty License #01380483

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1935

Lot Details

  • 9,601 Sq Ft Lot
  • Zoning described as Commercial Office - Residential

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,171 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Open to Family Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Parking

  • 5 Parking Spaces
  • No Garage
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 002-322-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 1171
  • Year Built: 1935
  • Zoning Description: Commercial Office - Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1171
  • Stories: 1
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat / Low Pitch, Tile

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: No Garage, Off-Street Parking, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 002-322-010-000
  • Lot Acres: 0.2204
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9600.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 11, 2023
Sold by
Hernandez Hugo Ricardo Lemus
Bought by
Lemus Zodeiva
Seller's Agent
Karen Cosentino
Better Homes & Gardens Real Estate: BEST LIFE
Buyer's Agent
Zodeiva Lemus
Sunshine Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
178
Current Estimated Value
$499,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,610
Avg. Annual Appreciation
3.41%
Original Mortgage
$400,000
Outstanding Balance
$390,715
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$108,895

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 9, 2023
Sold by
Tsuchiya Family Trust
Bought by
Lemus Zodeiva
Seller's Agent
Karen Cosentino
Better Homes & Gardens Real Estate: BEST LIFE
Buyer's Agent
Zodeiva Lemus
Sunshine Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$390,715
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$108,895

Purchase Details

Closed on
Mar 12, 2015
Sold by
Tsuchiya Douglas Y and Tsuchiya Ann R
Bought by
The Tsuchiya Family Trust

Purchase Details

Closed on
Feb 24, 1994
Sold by
Fox Dennis W
Bought by
Tsuchiya Douglas Y and Tsuchiya Ann R
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
Lemus Zodeiva -- Chicago Title
Lemus Zodeiva $465,000 Chicago Title
The Tsuchiya Family Trust -- None Available
Tsuchiya Douglas Y -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemus Zodeiva $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $465,000 -6.1% $397 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $495,000 -- $423 / 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 $5,623 $474,300 $331,500 $142,800
2024 $5,623 $465,000 $325,000 $140,000
2023 $3,252 $465,000 $325,000 $140,000
2022 $3,379 $259,416 $128,106 $131,310
2021 $3,007 $254,331 $125,595 $128,736
2020 $2,927 $251,724 $124,308 $127,416
2019 $2,901 $246,789 $121,871 $124,918
2018 $2,858 $241,951 $119,482 $122,469
2017 $2,860 $237,208 $117,140 $120,068
2016 $2,858 $232,558 $114,844 $117,714
2015 $2,881 $229,065 $113,119 $115,946
2014 $2,699 $224,579 $110,904 $113,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81936237

MLSListings

APN: 002-322-010-000