NOT LISTED FOR SALE

387 San Benancio Rd Salinas, CA 93908

Estimated Value: $950,000 - $1,010,169

41 Acres
$24,203 Price per Acre
1,768,100 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $920,000

Est. 7% increase in value since last sale

Current estimated payment $6,265/month

Highlights

  • 40.59 Acre Lot
  • Toro Park Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of March 2023

IMAGINE...rare opportunity to build your DREAM! Beautiful, private and quiet 40 acre property just minutes up San Benancio Canyon Road off Hwy68. Parcel begins at the end of a paved road at the Top of the Hill...features options for possible building sites(home, barn, arena, workshop,etc!) & is situated among the many Oak Trees. Challenge your imagination...design and build your personal dream estate...horses OK! BIG VIEWS are expansive and plentiful. Property is zoned 40 AC minimum...excellent school district. Security gate, water & power at site!

Last Agent to Sell the Property

Ross Ramsey

Ross Ramsey, Broker License #01890851 Listed on: 03/21/2023

Last Buyer's Agent

Sam Piffero

Sotheby’s International Realty License #00690879

Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,635

Lot Details

  • 40.59 Acre Lot
  • Partially Fenced Property

Additional Features

  • Horses Potentially Allowed on Property
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$10,635

Lot Details

0

Listing Details

  • Zoning: RC/40
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Improvements - Other, May Not Be Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Fencing: Partial Fencing

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Varies
  • Lot Acres: 40.5900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1768100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1768100.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Mar 16, 2023
Sold by
Villalobos Raymond M and Villalobos Sonia I
Bought by
Clancy John
Seller's Agent
Ross Ramsey
Ross Ramsey, Broker
Buyer's Agent
Sam Piffero
Sotheby’s International Realty
Sold Price
$920,000
Views
4
Current Estimated Value
$982,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,390
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
Oct 31, 2013
Closed on
Apr 6, 2015
Sold by
Villalobos Richard A and Villalobos Elsa R
Bought by
Villalobos Raymond M and Ortiz Miranda Sonia I
Seller's Agent
Kerry Harvell
NextHome American Dream
Buyer's Agent
Kerry Harvell
NextHome American Dream
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$225,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2007
Sold by
Ross Wayne J and Ross Jennifer D
Bought by
Villalobos Richard A and Villalobos Elsa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 2005
Sold by
Villalobos Richard A
Bought by
Villalobos Richard A and Villalobos Elsa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
5.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Clancy John $920,000 Chicago Title
Villalobos Raymond M $300,000 First American Title Company
Villalobos Richard A -- None Available
Villalobos Richard A -- Chicago Title
Villalobos Richard A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villalobos Raymond M $225,000
Previous Owner Villalobos Richard A $500,000
Previous Owner Villalobos Richard A $386,000
Previous Owner Villalobos Richard A $100,000
Previous Owner Villalobos Richard A $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $920,000 +206.7% --
03/21/2023 03/21/23 Pending -- -- --
04/10/2015 04/10/15 Sold $300,000 -24.8% --
01/07/2015 01/07/15 Pending -- -- --
10/31/2013 10/31/13 For Sale $399,000 -- --
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 $10,635 $957,168 $957,168 --
2024 $10,635 $938,400 $938,400 --
2023 $4,017 $920,000 $920,000 $0
2022 $4,017 $339,756 $339,756 $0
2021 $3,843 $333,095 $333,095 $0
2020 $3,762 $329,680 $329,680 $0
2019 $3,744 $323,216 $323,216 $0
2018 $3,661 $316,879 $316,879 $0
2017 $3,711 $310,666 $310,666 $0
2016 $3,599 $304,575 $304,575 $0
2015 $4,480 $381,262 $381,262 $0
2014 $4,335 $373,794 $373,794 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81922212

MLSListings

APN: 416-641-015-000