$320,000
SOLD JAN 20, 2016
2 Beds
1.5 Baths
1,320 Sq Ft
0.69 Acres

Recently Sold

$242 Per Sq Ft

13% Below List Price

113 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • Combination Dining and Living Room
  • Guest Parking

About This Home

As of September 2021

This home is located at 505 West St Unit 6, Salinas, CA 93901 and is currently priced at $320,000, approximately $242 per square foot. This property was built in 1982. 505 West St Unit 6 is a home located in Monterey County with nearby schools including Mission Park Elementary School, Lincoln Elementary School, and University Park Elementary School.

Last Agent to Sell the Property

Maggi Mathey

Coast to Valley Realty License #01048670 Listed on: 08/05/2015

Last Buyer's Agent

Maggi Mathey

Coast to Valley Realty License #01048670 Listed on: 08/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,448

Year Built

  • Built in 1982

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Shake Roof
  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Zoning described as R-M-2.9MDR
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include exterior painting, fencing, landscaping / gardening, maintenance - road, roof, water
  • West Street Plaza Association

Listing and Financial Details

  • Assessor Parcel Number 002-414-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,448

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 1320
  • Year Built: 1982
  • Zoning Description: R-M-2.9MDR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1320
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shake

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 288
  • Association Fees Include: Exterior Painting, Fencing, Landscaping / Gardening, Maintenance - Road, Roof, Water
  • H O A Name Text: WEST STREET PLAZA
  • H O A Exist: Yes

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 002-414-006-000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1320.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 12, 2021
Sold by
Carter Lorlein and The Lorlein Carter Living Trus
Bought by
Castillo Nate
Seller's Agent
Antone R. Duncan
Coldwell Banker Realty
Buyer's Agent
Marco A. Lopez
RE/MAX Real Estate Services
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$611,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,139
Avg. Annual Appreciation
3.75%
Original Mortgage
$450,500
Outstanding Balance
$412,914
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$196,623

Purchase Details

Closed on
Dec 2, 2020
Sold by
Carter Lorlein
Bought by
Carter Lorlein and Lorlein Carter Living Trut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2015
Closed on
Dec 1, 2015
Sold by
Lorentzen Karen M
Bought by
Carter Lorlein
Seller's Agent
Maggi Mathey
Coast to Valley Realty
Buyer's Agent
Maggi Mathey
Coast to Valley Realty
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$314,204
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2011
Sold by
Lorentzen Karen M
Bought by
Loretzen Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,300
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Lorentzen Karen M
Bought by
Lorentzen Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2005
Sold by
Twileger Gail Ann
Bought by
Lorentzen Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 1997
Sold by
Zeeb Mary A and Zeeb Christopher D
Bought by
Twilegar Gail Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Mangels Herman and Mangels Toni
Bought by
Zeeb Christopher D and Zeeb Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $530,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $320,000 Old Republic Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $410,000 Chicago Title
Grant Deed $130,000 Old Republic Title
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,500 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $306,395 New Conventional
Previous Owner $314,204 FHA
Previous Owner $205,300 New Conventional
Previous Owner $225,000 Unknown
Previous Owner $171,134 Unknown
Previous Owner $139,800 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $122,600 Unknown
Previous Owner $113,000 No Value Available
Previous Owner $73,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $530,000 0.0% $402 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $530,000 +65.6% $402 / Sq Ft
01/20/2016 01/20/16 Sold $320,000 -7.2% $242 / Sq Ft
11/26/2015 11/26/15 Pending -- -- --
08/27/2015 08/27/15 Price Changed $344,900 -6.5% $261 / Sq Ft
08/05/2015 08/05/15 For Sale $369,000 -- $280 / 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
2024 $6,448 $551,412 $286,110 $265,302
2023 $6,232 $540,600 $280,500 $260,100
2022 $6,002 $530,000 $275,000 $255,000
2021 $3,901 $349,962 $131,235 $218,727
2020 $3,794 $346,375 $129,890 $216,485
2019 $3,767 $339,585 $127,344 $212,241
2018 $3,721 $332,928 $124,848 $208,080
2017 $3,724 $326,400 $122,400 $204,000
2016 $3,647 $320,000 $117,000 $203,000
2015 $3,121 $268,000 $98,000 $170,000
2014 $1,929 $175,000 $64,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81499453

MLSListings

APN: 002-414-006-000