NOT LISTED FOR SALE

Estimated Value: $815,000 - $987,000

3 Beds
2 Baths
1,900 Sq Ft
$456/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $700,000 $368 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,284/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Ceiling
  • Jetted Soaking Tub in Primary Bathroom
  • Solarium
  • Workshop

About This Home

As of August 2021

Located in the lovely Mission Park neighborhood, enjoy the convenience this South Salinas home has to offer close to local businesses, schools, and the recently revived downtown Salinas Center. 351 Lorimer is a 3 bedroom / 2 bath home including a generous sized master bedroom, various skylights throughout, gorgeous hardwood floors, double pane windows, and a wood burning fireplace. This home also offers a radiant sun-room, automatic driveway gate, detached garage with ADU potential, two decks overlooking the backyard, hot tub, patio backed by greenbelt with no immediate neighbor, and surrounded with trees allowing for privacy. The backyard space is fantastic for entertaining. Come see this charming home and all the opportunity it holds.

Last Agent to Sell the Property

George Anderson

Compass License #02095510 Listed on: 07/16/2021

Compass

Last Buyer's Agent

Nathan Goldbeck

KW Coastal Estates License #01972016

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,407

Year Built

  • 1939

Lot Details

  • 8,499 Sq Ft Lot
  • Wood Fence
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Workshop
  • Solarium

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,407

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Laminate, Dishwasher, Freezer, Garbage Disposal, Microwave, Oven - Electric, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1900
  • Stories: 1
  • Security: Secured Garage / Parking, Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry, Solarium, Workshop
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Oversized Tub, Primary - Tub With Jets, Stall Shower, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Low Maintenance, Storage Shed / Structure
  • Fencing: Wood
  • Pool: Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Common Parking Area, Detached Garage, Electric Gate, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • Complex Name: Mission Park

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Walk-In Closet

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1951
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8500.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 11, 2021
Sold by
Kingsley Kay and The Kay Kingsley Trust
Bought by
Pena Kevin and Pena Savannah Johnsop
Seller's Agent
George Anderson
Compass
Buyer's Agent
Nathan Goldbeck
KW Coastal Estates
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Current Estimated Value
$837,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,022
Avg. Annual Appreciation
5.49%
Original Mortgage
$560,000
Outstanding Balance
$511,406
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$354,412

Purchase Details

Closed on
Apr 12, 2021
Sold by
Norma G Ramirez Revocable Trust and Ramirez Norma G
Bought by
Kay Kingsley Trust and Kingsley

Purchase Details

Closed on
Jan 8, 2016
Sold by
Kingsley Kay
Bought by
Ramirez Norma G and Norma G Ramirez Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2014
Sold by
Kingsley Kay T
Bought by
Kingsley Kay and Kay Kingsley Trust

Purchase Details

Closed on
Dec 11, 2002
Sold by
Alejandre Raul
Bought by
Hinojosa Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
Kingsley Kay T
Bought by
Kingsley Kay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
6.6%

Purchase Details

Closed on
Apr 17, 1995
Sold by
Romovich Bonnie M
Bought by
Kingsley Kay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
8.77%

Purchase Details

Closed on
Sep 5, 1994
Sold by
Romovich Joseph
Bought by
Romovich Bonnie M
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
Pena Kevin $700,000 Old Republic Title Company
Kay Kingsley Trust $195,000 First American Title
Ramirez Norma G $195,000 None Available
Kingsley Kay -- None Available
Hinojosa Leticia -- Fidelity Title
Kingsley Kay T -- Fidelity Title
Kingsley Kay T $196,000 Old Republic Title Company
Romovich Bonnie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Kevin $560,000
Previous Owner Ramirez Norma G $195,000
Previous Owner Kingsley Kay T $100,000
Previous Owner Kingsley Kay T $198,000
Previous Owner Kingsley Kay T $201,500
Previous Owner Kingsley Kay T $172,000
Previous Owner Kingsley Kay T $186,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $700,000 +7.7% $368 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $650,000 -- $342 / 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 $8,407 $742,845 $318,362 $424,483
2024 $8,407 $728,280 $312,120 $416,160
2023 $8,122 $714,000 $306,000 $408,000
2022 $7,819 $700,000 $300,000 $400,000
2021 $4,368 $393,370 $159,210 $234,160
2020 $4,247 $389,337 $157,578 $231,759
2019 $4,217 $381,704 $154,489 $227,215
2018 $4,164 $374,220 $151,460 $222,760
2017 $4,167 $366,884 $148,491 $218,393
2016 $3,233 $278,080 $120,595 $157,485
2015 $3,261 $273,904 $118,784 $155,120
2014 $3,043 $268,540 $116,458 $152,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853959

MLSListings

APN: 002-311-028-000