NOT LISTED FOR SALE

525 Palma Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $905,662

4 Beds
2 Baths
2,113 Sq Ft
$429/Sq Ft Est. Value

About This Home

This home is located at 525 Palma Dr, Salinas, CA 93901 and is currently estimated at $905,662, approximately $428 per square foot. 525 Palma Dr is a home located in Monterey County with nearby schools including Mission Park Elementary School, University Park Elementary School, and Lincoln Elementary School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2025
Sold by
Elchaarani Wassim R and Elchaarani Lorena B
Bought by
Current Estimated Value
$905,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,153
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$806,509

Purchase Details

Closed on
May 27, 2025
Sold by
Elchaarani Wassim Rached and Elchaarani Lorena Jimene
Bought by
Wassim And Lorena Elchaarani Family Trust and Elchaarani

Purchase Details

Closed on
Mar 23, 2017
Sold by
Elchaarani Bilal R
Bought by
Elchaarani Wassim Rached and Elchaarani Lorena Jimenez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,350
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2014
Sold by
Elchaarani Bilal
Bought by
Elchaarani Bilal R and Bilal Elchaarani Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2014
Sold by
Elchaarani Zeina
Bought by
Elchaarani Bilal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2014
Sold by
Elchaarani Bilal R
Bought by
Elchaarani Bilal R and Bilal Elchaarani Living Trust

Purchase Details

Closed on
Jan 30, 2014
Sold by
Elchaarani Ali R
Bought by
Elchaarani Bilal R

Purchase Details

Closed on
Jan 3, 2013
Sold by
Elchaarni Wassim Rached
Bought by
Elchaarani Ali Rache D

Purchase Details

Closed on
Sep 19, 2012
Sold by
Elchaarani Ali R
Bought by
Elchaarani Ali R and Elcharani Wassim R

Purchase Details

Closed on
Jul 5, 2011
Sold by
Elchaarani Lorena J
Bought by
Elchaarani Ali Rached

Purchase Details

Closed on
Jun 16, 2011
Sold by
Vea George V and Vea Vilma B
Bought by
El Chaarani Lorena J and El Chaarani Ali Rached

Purchase Details

Closed on
Oct 26, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vea George V and Vea Vilma B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2010
Sold by
Bokanovich John A and Bokanovich Barbara Z
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 20, 2000
Sold by
Seto Chin Sang Gong and Seto Chin Bik
Bought by
Bokanovich John A and Bokanovich Barbara Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.67%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Salinas, CA

  • Lawrence Hernandez Real Estate Agent - Cypress Coast Investments

    Lawrence Hernandez

    Cypress Coast Investments

    (831) 273-9672

    44 Total Sales

    1 in South Salinas

    $495,000 Price

    Lawrence Hernandez
     Section Image
  • Young Seon Myong Real Estate Agent - Sotheby’s International Realty

    Young Seon Myong

    Sotheby’s International Realty

    (831) 574-2265

    20 Total Sales

    2 in South Salinas

    $615K - $1.1M Price Range

    Young Seon Myong
     Section Image
  • Joe Gallagher Real Estate Agent - Sotheby’s International Realty

    Joe Gallagher

    Sotheby’s International Realty

    (831) 250-1666

    31 Total Sales

    1 in South Salinas

    $812,000 Price

    Joe Gallagher
     Section Image
  • Jeff Wickum Real Estate Agent - Epique Realty

    Jeff Wickum

    Epique Realty

    (831) 246-9727

    29 Total Sales

    2 in South Salinas

    $670K - $880K Price Range

    Jeff Wickum
     Section Image
  • Dani M. Wilcox Real Estate Agent - KW Coastal Estates

    Dani M. Wilcox

    KW Coastal Estates

    (831) 273-6963

    54 Total Sales

    10 in South Salinas

    $430K - $985K Price Range

    Dani M. Wilcox
     Section Image
  • Mark Cohan Real Estate Agent - Compass

    Mark Cohan

    Compass

    (831) 273-8684

    31 Total Sales

    7 in South Salinas

    $430K - $911K Price Range

    Mark Cohan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
Wassim And Lorena Elchaarani Family Trust -- Chicago Title Company
Wassim And Lorena Elchaarani Family Trust -- None Listed On Document
Elchaarani Wassim Rached $585,000 Old Republic Title Company
Elchaarani Bilal R -- First American Title Company
Elchaarani Bilal -- First American Title Company
Elchaarani Bilal R -- None Available
Elchaarani Bilal R -- None Available
Elchaarani Ali Rache D -- None Available
Elchaarani Ali R -- None Available
Elchaarani Wassim R -- None Available
Elchaarani Ali Rached -- None Available
El Chaarani Lorena J $384,000 Old Republic Title Company
El Chaarani Lorena J -- Old Republic Title Company
Vea George V $299,000 Ticor Title Company
Federal Home Loan Mortgage Corporation $343,513 Accommodation
Bokanovich John A $300,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Previous Owner Elchaarani Wassim Rached $390,000
Previous Owner Elchaarani Wassim Rached $405,390
Previous Owner Elchaarani Wassim Rached $410,000
Previous Owner Elchaarani Wassim Rached $427,350
Previous Owner Elchaarani Bilal R $375,000
Previous Owner Vea George V $160,000
Previous Owner Bokanovich John A $333,700
Previous Owner Bokanovich John A $50,000
Previous Owner Bokanovich John A $275,000
Previous Owner Bokanovich John A $240,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,393 $692,514 $319,622 $372,892
2025 $7,680 $678,936 $313,355 $365,581
2024 $7,680 $665,624 $307,211 $358,413
2023 $7,420 $652,574 $301,188 $351,386
2022 $7,142 $639,780 $295,283 $344,497
2021 $6,859 $627,237 $289,494 $337,743
2020 $6,668 $620,806 $286,526 $334,280
2019 $6,621 $608,634 $280,908 $327,726
2018 $6,538 $596,700 $275,400 $321,300
2017 $4,832 $433,057 $142,591 $290,466
2016 $4,835 $424,567 $139,796 $284,771
2015 $4,876 $418,191 $137,697 $280,494
2014 $4,405 $397,391 $82,790 $314,601
Source: Public Records

Map

California Monterey County Salinas 93901 South Salinas

525 Palma Dr, Salinas, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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