NOT LISTED FOR SALE

498 Echo Valley Rd Salinas, CA 93907

Estimated Value: $798,000 - $1,160,000

5 Beds
4 Baths
2,480 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $710,000 $286 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,678/month

2 Days on Market

Highlights

  • 2 Acre Lot
  • Deck
  • Beamed Ceilings
  • View of Hills
  • Vaulted Ceiling
  • Balcony

About This Home

As of December 2020

Unique opportunity for extended family or investment property! Peaceful country living on gorgeous, usable 2 acre parcel with own private well! Private circular new asphalt driveway set back & secluded off Echo Valley. Newly remodeled separate upstairs unit has vaulted ceilings, new flooring, bedroom, bathroom all new kitchen with granite countertops, new stainless steel appliances, fridge included! Separate downstairs unit also newly done with new flooring, beautiful new bath with custom tile shower; new laundry area and kitchenette. New front stamped concrete patio & BBQ/entertaining area. Also, private, top of the hill, 3 BR/2BTH mobile home that was rented for $1700 per month. Separate road, electric meter and own private parking area. Very nice well-cared for interior and new large redwood covered deck and pergola with gorgeous views! Also, a large custom outbuilding that could be used as art studio, workshop, etc. Easy access to 10, 15 minutes to the beach! Horses OK.

Last Agent to Sell the Property

Barry Diamond

Remax Property Experts License #02000609 Listed on: 12/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,255

Year Built

  • 1981

Lot Details

  • 2 Acre Lot
  • Fenced
  • Lot Sloped Up

Property Views

  • Hills
  • Valley

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Area
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Baseboard Heating
  • Separate Meters
  • Water Storage
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,255

Year Built

1981

Lot Details

0

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 2480
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2480
  • Laundry: Inside
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • View: Hills, Valley
  • Yard/Grounds: Balcony / Patio, Bbq Area, Deck, Fenced, Storage Shed / Structure
  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: Drive Through, Gate / Door Opener, Parking Area, Room For Oversized Vehicle

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: North Monterey County Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Up
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 21, 2020
Sold by
Lizotte Patricia and The Lizotte Trust
Bought by
Wolande Eric
Seller's Agent
Barry Diamond
Remax Property Experts
List Price
$684,999
Sold Price
$710,000
Premium/Discount to List
$25,001
3.65%
Current Estimated Value
$941,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,366
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
May 16, 2017
Sold by
Lizotte Patricia
Bought by
Lizotte Patricia

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, 2017
Sold by
Slama Kenneth Eugene
Bought by
Lizotte Patricia

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:

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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
12/23/2020 12/23/20 Sold $710,000 +3.6% $286 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $684,999 -- $276 / 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

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Map

Source: MLSListings

MLS Number: ML81821947

MLSListings

APN: 127-192-004-000