NOT LISTED FOR SALE

409 Montgomery St Salinas, CA 93907

Boronda Neighborhood

Estimated Value: $725,000 - $778,000

5 Beds
3 Baths
1,861 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $459,000 $247 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,415/month

14 Days on Market

Highlights

  • 2 Car Attached Garage
  • Separate Family Room
  • 3-minute walk to Rico Rossi Parkway
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of March 2019

Opportunity knocks! Calling all investors or do it yourselfer's. Gain some sweat equity by doing all repairs yourself or put this one in your investment portfolio. This is great home, in a good location at a very affordable price! Not many homes on corner lot with 5 bedrooms and 3 full bathrooms at this price. Needs some TLC.

Last Agent to Sell the Property

Fabian Coria

Elite Realty License #01424400 Listed on: 12/28/2018

Last Buyer's Agent

Fabian Coria

Elite Realty License #01424400 Listed on: 12/28/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 6,878 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 1,861 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 261-784-010-000

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1861
  • Year Built: 1985
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Living Sq Ft: 1861
  • Stories: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Parcel Number: 261-784-010-000
  • Lot Acres: 0.1579
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6880.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6880.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 23, 2019
Sold by
Vargas Maria Carmen and The Maria Carmen Vargas Trust
Bought by
Torres Robert V and Torres Maggie T
Seller's Agent
Fabian Coria
Elite Realty
Buyer's Agent
Fabian Coria
Elite Realty
List Price
$470,000
Sold Price
$459,000
Premium/Discount to List
-$11,000
-2.34%
Current Estimated Value
$751,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,373
Avg. Annual Appreciation
7.47%
Original Mortgage
$436,050
Outstanding Balance
$382,584
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$368,789

Purchase Details

Closed on
Jan 23, 2015
Sold by
Vargas Maria Carmen and Vargas Luis
Bought by
Vargas Maria Carmen and The Trust Of Maria Carmen Varg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2011
Sold by
Vargas Carmen
Bought by
Vargas Maria Carmen and Maria Carmen Vargas Trust

Purchase Details

Closed on
Apr 21, 2004
Sold by
Vargas Maria Carmen and Trust Of Maria Carmen Vargas
Bought by
Vargas Jose A and Vargas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,300
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2003
Sold by
Vargas Jose and Vargas Maria Carmen
Bought by
Vargas Maria Carmen and The Trust Of Maria Carmen Varg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.15%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Vargas Maria Carmen and The Trust Of Maria Carmen Varg
Bought by
Vargas Jose A and Vargas Maria Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.15%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Vargas Maria Carmen
Bought by
The Trust Of Maria Carmen Vargas

Purchase Details

Closed on
Nov 1, 1996
Sold by
Torres Zendelmar M and Torres Rose Marie O
Bought by
Vargas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Robert V $459,000 Chicago Title Co Salina
Vargas Maria Carmen -- Accommodation
Vargas Maria Carmen -- First American
Vargas Maria Carmen -- None Available
Vargas Jose A -- Alliance Title Company
Vargas Maria Carmen -- --
Vargas Jose A -- Chicago Title
The Trust Of Maria Carmen Vargas -- --
Vargas Carmen $178,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Robert V $436,050
Previous Owner Vargas Maria Carmen $288,750
Previous Owner Vargas Jose A $270,300
Previous Owner Vargas Jose A $274,000
Previous Owner Vargas Carmen $133,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $459,000 -2.3% $247 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $470,000 -- $253 / 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 $5,874 $512,016 $278,876 $233,140
2024 $5,874 $501,977 $273,408 $228,569
2023 $5,677 $492,136 $268,048 $224,088
2022 $5,465 $482,488 $262,793 $219,695
2021 $5,249 $473,029 $257,641 $215,388
2020 $5,104 $468,180 $255,000 $213,180
2019 $2,890 $259,863 $102,191 $157,672
2018 $2,852 $254,769 $100,188 $154,581
2017 $2,855 $249,774 $98,224 $151,550
2016 $2,857 $244,878 $96,299 $148,579
2015 $2,881 $241,201 $94,853 $146,348
2014 $2,689 $236,477 $92,995 $143,482
Source: Public Records

Agents Affiliated with this Home

  • Fabian Coria

    Seller's Agent in 2019

    Fabian Coria

    Elite Realty

    (831) 210-1139

    2 in this area

    29 Total Sales

    Fabian Coria
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Map

Source: MLSListings

MLS Number: ML81733909

MLSListings

APN: 261-784-010-000

California Monterey County Salinas 93907 Boronda

409 Montgomery St, Salinas, CA

Not Listed for Sale

Detached

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