NOT LISTED FOR SALE

Estimated Value: $669,000 - $774,664

2 Beds
1 Bath
1,314 Sq Ft
$567/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $444,000 $338 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,398/month

62 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Neighborhood Views
  • Bungalow
  • Separate Family Room

About This Home

As of August 2018

Wonderful South Salinas Location. Single level two-bedroom 1 bath home on a large lot. Beautiful hardwood floors throughout. Brand new heating system recently installed. Wood burning/gas fireplace in a large living room that opens to a spacious dining room. There is an unfinished studio unit behind the garage with private yard. Hurry for this one!

Last Agent to Sell the Property

Cliff Mortensen

Mariner Real Estate Inc. License #00834930 Listed on: 05/04/2018

Last Buyer's Agent

Silvia Fritsche

Berkshire Hathaway HS Real Time Realty License #01376625

Berkshire Hathaway HS Real Time Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 6,499 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Raised Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Neighborhood Views
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Dwelling with Separate Living Area
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 002-455-016-000

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Listing Class: Residential
  • Structure Sq Ft: 1314
  • Incorporated: Yes
  • Year Built: 1931
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Other
  • Living Sq Ft: 1314
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Tile
  • Additional Rooms: Separate Living Unit
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Fenced, Sprinklers - Lawn
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • High School: 583

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 002-455-016-000
  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High
  • High School Text: Salinas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Jacobo Margarito and Jacobo Ruth
Bought by
Jacobo Magarito and Jacobo Ruth
Current Estimated Value
$745,166

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 1, 2018
Sold by
Teh Estate Of Lisa Ann Matson
Bought by
Jacobo Margarito and Saavedra Ruth
Seller's Agent
Cliff Mortensen
Mariner Real Estate Inc.
Buyer's Agent
Silvia Fritsche
Berkshire Hathaway HS Real Time Realty
List Price
$469,000
Sold Price
$444,000
Premium/Discount to List
-$25,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$390,000
Outstanding Balance
$338,699
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$406,467

Purchase Details

Closed on
Feb 16, 2009
Sold by
Us Bank National Association
Bought by
Matson Lisa Ann

Purchase Details

Closed on
Aug 18, 2008
Sold by
Steele Lauren C
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 27, 2006
Sold by
Moore Sherman B
Bought by
Steele Lauren C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 1994
Sold by
Moore Sherman B
Bought by
Moore Sherman B and Moore Ben
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
Jacobo Magarito -- None Available
Jacobo Margarito $444,000 Chicago Title Co
Matson Lisa Ann $180,000 Lawyers Title
Us Bank Na $282,750 None Available
Steele Lauren C $499,000 Old Republic Title
Moore Sherman B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobo Margarito $390,000
Previous Owner Steele Lauren C $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $444,000 -5.3% $338 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $469,000 -- $357 / 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 $5,927 $535,647 $223,101 $312,546
2024 $5,927 $525,361 $218,727 $306,634
2023 $5,681 $504,355 $214,439 $289,916
2022 $5,369 $490,722 $210,235 $280,487
2021 $4,994 $472,571 $206,113 $266,458
2020 $4,855 $452,880 $204,000 $248,880
2019 $4,820 $444,000 $200,000 $244,000
2018 $2,656 $237,664 $152,785 $84,879
2017 $2,658 $233,005 $149,790 $83,215
2016 $3,016 $228,437 $146,853 $81,584
2015 $3,000 $225,007 $144,648 $80,359
2014 $3,347 $220,600 $141,815 $78,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81704139

MLSListings

APN: 002-455-016-000