NOT LISTED FOR SALE

408 Cayuga St Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $602,000 - $807,000

4 Beds
3 Baths
1,499 Sq Ft
$460/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $405,000 $270 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,063/month

98 Days on Market

Highlights

  • Forced Air Heating System
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of January 2016

Great opportunity to own a newer remodeled home in South Salinas. No expense has been spared with high end finishing throughout the home. Granite counter tops, tile flooring, upgraded carpeting, stainless steal appliances, redwood decks, large living area, upgraded dual pane windows, energy efficient lighting, and drought resistant landscaping. This rare South Salinas gem is priced to sell and will not last long. This may be your next home.

Last Agent to Sell the Property

Mike Bitar

Executive Estates, Inc License #01702352 Listed on: 07/28/2015

Last Buyer's Agent

Omar Bitar

Executive Estates, Inc License #01883518

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Zoning described as R1

Parking

  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 002-323-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1499
  • Year Built: 1910
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1499
  • Stories: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Parcel Number: 002-323-002-000
  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00

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
Jul 28, 2015
Closed on
Dec 31, 2015
Sold by
Mohssin Idris
Bought by
Perez Cornelio
Seller's Agent
Mike Bitar
Executive Estates, Inc
Buyer's Agent
Omar Bitar
Executive Estates, Inc
List Price
$425,999
Sold Price
$405,000
Premium/Discount to List
-$20,999
-4.93%
Current Estimated Value
$689,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,133
Avg. Annual Appreciation
5.43%
Original Mortgage
$397,664
Outstanding Balance
$311,424
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$377,709

Purchase Details

Closed on
Jan 9, 2015
Sold by
Mohssin Hanna
Bought by
Mohssin Idris

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
3.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 7, 2015
Sold by
Piine Joseph J and Piini Jennifer Lynn
Bought by
Piini Jennifer Lynn

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
3.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 6, 2015
Sold by
Randall Lisa Marie and Caleb Edward Randall V
Bought by
Mohssin Idris

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
3.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 3, 2006
Sold by
Piini Joseph J and Piini Esther Belinda
Bought by
Randall V Caleb Edward and Randall Lisa Marie

Purchase Details

Closed on
Oct 30, 2005
Sold by
Piini Joseph J and Piini Esther Belinda
Bought by
Randall Lisa Marie and Caleb Edward Randall V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Cornelio $405,000 Chicago Title Company
Mohssin Idris -- Chicago Title Company
Piini Jennifer Lynn -- Chicago Title Company
Mohssin Idris $130,000 Chicago Title Company
Randall V Caleb Edward -- --
Randall Lisa Marie -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Cornelio $397,664
Previous Owner Mohssin Idris $100,000
Previous Owner Piini Jennifer Lynn $100,000
Previous Owner Mohssin Idris $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2016 01/05/16 Sold $405,000 -2.4% $270 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/21/2015 10/21/15 Price Changed $414,900 -1.0% $277 / Sq Ft
10/09/2015 10/09/15 Price Changed $418,900 0.0% $279 / Sq Ft
09/03/2015 09/03/15 Price Changed $419,000 -1.6% $280 / Sq Ft
07/28/2015 07/28/15 For Sale $425,999 -- $284 / Sq Ft
Source: MLSListings

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 $5,777 $510,645 $177,566 $333,079
2024 $5,777 $500,634 $174,085 $326,549
2023 $5,580 $490,819 $170,672 $320,147
2022 $5,367 $481,784 $167,326 $314,458
2021 $5,154 $471,425 $164,046 $307,379
2020 $4,993 $464,986 $162,364 $302,622
2019 $4,781 $439,789 $159,181 $280,608
2018 $4,611 $421,362 $156,060 $265,302
2017 $4,613 $413,100 $153,000 $260,100
2016 $3,940 $339,193 $152,287 $186,906
2015 $915 $74,242 $68,819 $5,423
2014 $857 $72,788 $67,471 $5,317
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Bitar

    Executive Estates, Inc

  • O

    Buyer's Agent in 2016

    Omar Bitar

    Executive Estates, Inc

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Map

Source: MLSListings

MLS Number: ML81497287

MLSListings

APN: 002-323-002-000

California Monterey County Salinas 93901 South Salinas

408 Cayuga St, Salinas, CA

Not Listed for Sale

Detached

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