NOT LISTED FOR SALE

348 Lorimer St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $626,000 - $761,000

2 Beds
1.5 Baths
1,399 Sq Ft
$510/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $512,000 $366 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,375/month

7 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Balcony
  • Spanish Architecture
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of November 2019

Fantastic Spanish Style Home in Established Neighborhood. One story 2 bedroom/ 1.5 bath. Original hardwood floors and built in cabinets give this home a cozy and unique touch. Large lot with outbuilding that could be turned into an accessory dwelling. Beautiful garden with mature fruit trees and sunny sitting area. Two extra sheds for storage or workshop. Professional photos will be uploaded tomorrow.

Last Agent to Sell the Property

Kimberly Bautista

Pacific Oak Homes License #02048560 Listed on: 10/08/2019

Last Buyer's Agent

Ellen Vandervort

Carmel Valley Realty Company License #01444473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 1937

Lot Details

  • 8,398 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Floor Furnace

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 002-312-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,345

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish, Tract
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 1399
  • Year Built: 1937
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Dining Area, Formal Dining Room
  • Living Sq Ft: 1399
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced, Storage Shed / Structure
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 002-312-010-000
  • Lot Acres: 0.1928
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8400.00

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 8, 2019
Closed on
Nov 4, 2019
Sold by
Bussard Larry D
Bought by
Mosqueda Mariano and Mosqueda Mary
Seller's Agent
Kimberly Bautista
Pacific Oak Homes
Buyer's Agent
Ellen Vandervort
Carmel Valley Realty Company
List Price
$499,999
Sold Price
$512,000
Premium/Discount to List
$12,001
2.4%
Current Estimated Value
$702,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,432
Avg. Annual Appreciation
5.66%
Original Mortgage
$262,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1995
Sold by
Price Thomas A
Bought by
Bussard Larry D and Bussard Williamette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,950
Interest Rate
7.42%
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
Mosqueda Mariano $512,000 Chicago Title Company
Bussard Larry D $190,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosqueda Mariano Daniel $261,240
Closed Mosqueda Mariano $262,000
Previous Owner Bussard Larry D $203,000
Previous Owner Bussard Larry D $225,000
Previous Owner Bussard Larry D $200,000
Previous Owner Bussard Larry D $170,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $512,000 +2.4% $366 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $499,999 -- $357 / 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 $6,345 $559,943 $300,751 $259,192
2024 $6,345 $548,964 $294,854 $254,110
2023 $6,194 $538,201 $289,073 $249,128
2022 $5,963 $527,649 $283,405 $244,244
2021 $5,728 $517,304 $277,849 $239,455
2020 $5,570 $512,000 $275,000 $237,000
2019 $3,065 $283,531 $119,411 $164,120
2018 $3,024 $277,972 $117,070 $160,902
2017 $3,025 $272,523 $114,775 $157,748
2016 $3,026 $267,180 $112,525 $154,655
2015 $3,051 $263,167 $110,835 $152,332
2014 $2,846 $258,013 $108,664 $149,349
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kimberly Bautista

    Pacific Oak Homes

    Section Image
  • Ellen Vandervort

    Buyer's Agent in 2019

    Ellen Vandervort

    Carmel Valley Realty Company

    (831) 277-4813

    2 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81771694

MLSListings

APN: 002-312-010-000

California Monterey County Salinas 93901 South Salinas

348 Lorimer St, Salinas, CA

This home is located at 348 Lorimer St, Salinas, CA 93901 since 08 October 2019 and is currently estimated at $713,682, approximately $510 per square foot. This property was built in 1937. 348 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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