NOT LISTED FOR SALE

498 Echo Valley Rd Unit 2 units Salinas, CA 93907

Estimated Value: $788,000 - $955,000

4 Beds
3 Baths
1,820 Sq Ft
$464/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $525,000 $288 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,117/month

91 Days on Market

Highlights

  • 2 Acre Lot
  • Separate Family Room
  • Wood Burning Fireplace
  • Dining Room

About This Home

As of April 2017

Seller May consider some Financing with acceptable terms . Great income , live in one and rent the other . 2 Legal units , Country setting on 2 acres . Both units have separate pge meters and septic systems . Units have separate driveways and privacy . Septic tanks both have pumped and inspected for clearance . Well test has been completed is currently pumping 5-6 gallons per minute . Both units have been updated . Unit 1 is a custom built home on a permanent foundation , unit 2 is a Legal mobile home and does not have a foundation . Great Rental income potential . Positive Rental income or live in 1 and rent out the other unit . Mobile Home is permitted and can be replaced with the same square footage on a permanent foundation per county .

Last Agent to Sell the Property

Nichole Smith

Blackhorse Real Estate License #01320631 Listed on: 12/29/2016

Blackhorse Real Estate

Last Buyer's Agent

Sherry Owen

Blackhorse Real Estate License #00389940

Blackhorse Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 2 Acre Lot
  • Zoning described as R8

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Wall Furnace
  • Separate Meters
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 910-000-522-000

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1820
  • Incorporated: Yes
  • Year Built: 1981
  • Zoning Description: R8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1820
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Septic Standard

Lot Info

  • Parcel Number: 910-000-522-000
  • Lot Acres: 2.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 87120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 87120.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: North Monterey County Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Lizotte Patricia and The Lizotte Trust
Bought by
Wolande Eric
Current Estimated Value
$845,279

Purchase Details

Listed on
Dec 29, 2016
Closed on
May 16, 2017
Sold by
Lizotte Patricia
Bought by
Lizotte Patricia
Seller's Agent
Nichole Smith
Blackhorse Real Estate
Buyer's Agent
Sherry Owen
Blackhorse Real Estate
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$275,000
Interest Rate
4.21%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 29, 2016
Closed on
Apr 18, 2017
Sold by
Slama Kenneth Eugene
Bought by
Lizotte Patricia
Seller's Agent
Nichole Smith
Blackhorse Real Estate
Buyer's Agent
Sherry Owen
Blackhorse Real Estate
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 18, 2016
Sold by
Parkhurst Robert R and Parkhurst Betty M
Bought by
Slama Kenneth Eugene
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
Wolande Eric $710,000 Old Republic Title Company
Lizotte Patricia -- None Available
Lizotte Patricia $525,000 Chicago Title Company
Slama Kenneth Eugene $369,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lizotte Patricia $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $525,000 0.0% $288 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $525,000 -0.8% $288 / Sq Ft
01/24/2017 01/24/17 Price Changed $529,500 -3.6% $291 / Sq Ft
12/29/2016 12/29/16 For Sale $549,000 -- $302 / 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 $8,255 $768,525 $432,972 $335,553
2024 $8,255 $753,457 $424,483 $328,974
2023 $8,105 $738,684 $416,160 $322,524
2022 $8,061 $724,200 $408,000 $316,200
2021 $7,756 $710,000 $400,000 $310,000
2020 $6,163 $556,071 $344,892 $211,179
2019 $6,021 $545,169 $338,130 $207,039
2018 $5,922 $534,480 $331,500 $202,980
2017 $4,028 $376,380 $229,500 $146,880
2016 $290 $22,809 $14,399 $8,410
2015 -- $22,467 $14,183 $8,284
2014 -- $22,028 $13,906 $8,122
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nichole Smith

    Blackhorse Real Estate

    Section Image

  • S

    Buyer's Agent in 2017

    Sherry Owen

    Blackhorse Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81634376

MLSListings

APN: 127-192-004-000

California Monterey County Salinas 93907

498 Echo Valley Rd Unit 2 units, Salinas, CA

Not Listed for Sale

Detached

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