NOT LISTED FOR SALE

545 Terrace St Salinas, CA 93905

East Salinas Neighborhood

Estimated Value: $561,000 - $650,000

3 Beds
2 Baths
1,304 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $415,000 $318 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,694/month

6 Days on Market

About This Home

As of February 2020

Nicely maintained 3 Bedroom, 2 bath Home with Bonus Room/Office or Possible 4th Bedroom, Large Detached Storage Room and Expansive Backyard! This freshly painted home features tile flooring, large Master Bedroom, plenty of parking and mature trees. Home located close to city parks, restaurants and north/south freeway access. Great starter home or investment opportunity!

Last Agent to Sell the Property

Martin Sanchez

Orion Realty Group License #01883501 Listed on: 01/21/2020

Last Buyer's Agent

Isis Giuntoli

Intero Real Estate Services License #02103319

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,131

Year Built

  • 1946

Lot Details

  • 5,776

Parking

  • 2 Parking Spaces

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,776 Sq Ft Lot
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,131

Year Built

1946

Lot Details

0

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1304
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Family Room: No Family Room
  • Living Sq Ft: 1304
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1326
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5775.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5775.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 13, 2020
Sold by
Mendoza Agustin and Mendoza Lorrie Ann
Bought by
Politron Jose A Chavarin and Regalado Sindia
Seller's Agent
Martin Sanchez
Orion Realty Group
Buyer's Agent
Isis Giuntoli
Intero Real Estate Services
List Price
$405,000
Sold Price
$415,000
Premium/Discount to List
$10,000
2.47%
Current Estimated Value
$621,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,038
Avg. Annual Appreciation
7.35%
Original Mortgage
$407,483
Outstanding Balance
$360,935
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$260,103
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
Politron Jose A Chavarin $415,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Politron Jose A Chavarin $407,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $415,000 +2.5% $318 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $405,000 -2.4% $311 / Sq Ft
01/21/2020 01/21/20 Off Market $415,000 -- --
01/21/2020 01/21/20 Price Changed $405,000 -3.3% $311 / Sq Ft
01/21/2020 01/21/20 For Sale $419,000 -- $321 / 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 $5,131 $453,859 $240,600 $213,259
2024 $5,131 $444,961 $235,883 $209,078
2023 $4,957 $436,237 $231,258 $204,979
2022 $4,771 $427,684 $226,724 $200,960
2021 $4,581 $419,299 $222,279 $197,020
2020 $1,957 $176,714 $102,941 $73,773
2019 $1,942 $173,250 $100,923 $72,327
2018 $1,915 $169,854 $98,945 $70,909
2017 $1,917 $166,524 $97,005 $69,519
2016 $1,918 $163,259 $95,103 $68,156
2015 $1,934 $160,808 $93,675 $67,133
2014 $1,807 $157,659 $91,841 $65,818
Source: Public Records

Agents Affiliated with this Home

  • Martin Sanchez

    Seller's Agent in 2020

    Martin Sanchez

    Orion Realty Group

    (831) 320-4458

    52 Total Sales

    Martin Sanchez
    Section Image

  • I

    Buyer's Agent in 2020

    Isis Giuntoli

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81779771

MLSListings

APN: 004-021-017-000

California Monterey County Salinas 93905 East Salinas

545 Terrace St, Salinas, CA

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