NOT LISTED FOR SALE

Estimated Value: $687,301 - $765,000

3 Beds
2 Baths
1,585 Sq Ft
$462/Sq Ft Est. Value

About This Home

This home is located at 516 Cherokee Ct, Salinas, CA 93906 and is currently estimated at $732,575, approximately $462 per square foot. 516 Cherokee Ct is a home located in Monterey County with nearby schools including Henry F. Kammann Elementary School, Boronda Meadows Elementary School, and Harden Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Tinajero Leticia L
Bought by
Martinez Michael
Current Estimated Value
$732,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$334,065
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$398,510

Purchase Details

Closed on
Apr 14, 2021
Sold by
Martinez Vera Michael and Martinez Michael
Bought by
Martinez Vera Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$334,065
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$398,510

Purchase Details

Closed on
Sep 8, 2010
Sold by
Halliday Betty C
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Dec 26, 2007
Sold by
Countrywide Bank Fsb
Bought by
Halliday Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,320
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2007
Sold by
Zavala Lorena
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
Sep 21, 2005
Sold by
Quebec Manuel T
Bought by
Quebec Manuel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 2004
Sold by
Zavala Jorge and Zavala Lorena
Bought by
Zavala Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Zavala Jorge
Bought by
Zavala Jorge and Zavala Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2004
Sold by
Zavala Jorge
Bought by
Zavala Jorge and Zavala Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Martinez Antonio V and Martinez Maria I
Bought by
Zavala Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Zavala Maria
Bought by
Zavala Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Backus Florence B and The Backus Family Trust
Bought by
Martinez Antonio V and Martinez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.12%

Purchase Details

Closed on
Aug 29, 1994
Sold by
Backus James R and Backus Florence B
Bought by
Backus James R and Backus Florence B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Martinez Michael -- Chicago Title Salinas
Martinez Vera Michael -- Chicago Title Company
California Housing Finance Agency $333,770 First American Title Ins Co
Halliday Betty C $393,000 First American Title Company
Countrywide Bank Fsb $426,065 First American Title Co
Quebec Manuel T -- Stewart Title California Inc
Quebec Manuel T -- Stewart Title California Inc
Zavala Lorena -- Financial Title Company
Zavala Jorge -- --
Zavala Jorge -- --
Zavala Jorge $400,000 Chicago Title
Zavala Jorge -- Chicago Title
Martinez Antonio V $288,000 Chicago Title Co
Backus James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Vera Michael $370,000
Previous Owner Halliday Betty C $314,320
Previous Owner Quebec Manuel T $330,000
Previous Owner Zavala Lorena $400,000
Previous Owner Zavala Jorge $319,920
Previous Owner Martinez Antonio V $230,000
Closed Zavala Jorge $79,980
Closed Zavala Lorena $75,000
Source: Public Records

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 $3,334 $288,252 $102,487 $185,765
2024 $3,334 $282,601 $100,478 $182,123
2023 $3,222 $277,060 $98,508 $178,552
2022 $3,100 $271,628 $96,577 $175,051
2021 $2,979 $266,303 $94,684 $171,619
2020 $2,896 $263,574 $93,714 $169,860
2019 $2,875 $258,407 $91,877 $166,530
2018 $2,837 $253,341 $90,076 $163,265
2017 $2,840 $248,374 $88,310 $160,064
2016 $2,842 $243,505 $86,579 $156,926
2015 $2,866 $239,848 $85,279 $154,569
2014 $2,675 $235,151 $83,609 $151,542
Source: Public Records

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