NOT LISTED FOR SALE

425 W Laurel Dr Unit K Salinas, CA 93906

Sherwood Gardens Neighborhood

Estimated Value: $372,000 - $446,000

2 Beds
2 Baths
1,021 Sq Ft
$405/ mo HOA Fee

Last Sold April 04, 2024

Last sale price $395,000 $387 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,765/month

13 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Traditional Architecture
  • Private Pool
  • Recreation Room
  • Granite Countertops

About This Home

As of April 2024

This two bedroom two bath condo is well updated and ready for a new owner. Convenient en suite bathrooms give a luxury feel. New paint and carpet make this a no brainer for anyone searching for a place to call home.

Last Agent to Sell the Property

Thomas Bristol

Sotheby’s International Realty License #01447566 Listed on: 02/13/2024

Sotheby’s International Realty

Last Buyer's Agent

David Mauldwin

Intero Real Estate Services License #00943656

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Security Fence

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,021 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Living Room with Fireplace
  • Recreation Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

Additional Features

  • Unit is on the top floor
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-797-031-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, recreation facility, reserves, roof, security service, water / sewer
  • Laurel Grove Association
  • Built by Laurel Grove

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

1,041 Sq Ft Lot

HOA Fees

$405 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 1021
  • Complex Name: Laurel Grove
  • Year Built: 1985
  • Zoning Description: R-4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1021
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle
  • Pool: Yes
  • Property Faces: East
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 405
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Security Service, Water / Sewer
  • H O A Name Text: Laurel Grove
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-797-031-000
  • Lot Acres: 0.0239
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1043.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1043.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 27, 2024
Sold by
Genovese Living Trust and Genovese Salvatore J
Bought by
Wilkinson Kelly
Seller's Agent
Thomas Bristol
Sotheby’s International Realty
Buyer's Agent
David Mauldwin
Intero Real Estate Services
List Price
$392,000
Sold Price
$395,000
Premium/Discount to List
$3,000
0.77%
Views
204
Current Estimated Value
$417,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,716
Avg. Annual Appreciation
2.86%
Original Mortgage
$316,000
Outstanding Balance
$311,296
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$106,420

Purchase Details

Closed on
Sep 20, 2012
Sold by
Genovese Sal and Genovese Lois
Bought by
Genovese Salvatore J and Genovese Lois

Purchase Details

Closed on
Jul 15, 2010
Sold by
Genovese Sal
Bought by
Genovese Salvatore J

Purchase Details

Closed on
Feb 4, 2009
Sold by
Lasalle Bank National Association
Bought by
Genovese Sal

Purchase Details

Closed on
Jun 3, 2008
Sold by
Delrosario Faustino D
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Oct 23, 2006
Sold by
Delrosario Linda W
Bought by
Delrosario Faustino D

Purchase Details

Closed on
Aug 4, 2006
Sold by
City View Brentwood Gardens 280 Lp
Bought by
Delrosario Faustino D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.55%
Mortgage Type
Stand Alone First
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
Wilkinson Kelly $395,000 Chicago Title Company
Genovese Salvatore J -- None Available
Genovese Sal -- None Available
Genovese Salvatore J -- None Available
Genovese Sal $102,000 Ticor Title Company
Lasalle Bank Na $218,387 Accommodation
Delrosario Faustino D $395,000 Chicago Title Co
Delrosario Faustino D $395,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Kelly $316,000
Previous Owner Delrosario Faustino D $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $395,000 +0.8% $387 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $392,000 -- $384 / 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 $1,541 $402,900 $183,600 $219,300
2024 $1,541 $395,000 $180,000 $215,000
2023 $1,490 $126,235 $24,747 $101,488
2022 $1,435 $123,761 $24,262 $99,499
2021 $1,379 $121,336 $23,787 $97,549
2020 $1,341 $120,093 $23,544 $96,549
2019 $1,330 $117,739 $23,083 $94,656
2018 $1,313 $115,431 $22,631 $92,800
2017 $1,315 $113,169 $22,188 $90,981
2016 $1,315 $110,951 $21,753 $89,198
2015 $1,326 $109,286 $21,427 $87,859
2014 $1,159 $100,000 $20,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Bristol

    Seller's Agent in 2024

    Thomas Bristol

    Sotheby’s International Realty

    (831) 521-3131

    1 in this area

    61 Total Sales

    Thomas Bristol
    Section Image

  • D

    Buyer's Agent in 2024

    David Mauldwin

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81954139

MLSListings

APN: 003-797-031-000

California Monterey County Salinas 93906 Sherwood Gardens

425 W Laurel Dr Unit K, Salinas, CA

Not Listed for Sale

Condos

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