NOT LISTED FOR SALE

Estimated Value: $811,000 - $904,000

3 Beds
2.5 Baths
2,204 Sq Ft
$388/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $750,000 $340 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,319/month

13 Days on Market

Highlights

  • 0.34 Acre Lot
  • Eat-In Kitchen
  • Separate Family Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of October 2021

This newly built custom home sits on over +/- 14,800 SF lot. There is nothing else like this in Salinas! This two-story beauty is a 3 bed/2.5ba + a loft upstairs, 2204 SF home with potential for expansion, shop, ADU (buyer to investigate expansion possibilities with city). New carpet and paint throughout! Well-equipped kitchen (with new flooring and microwave); spacious family room and living room, double sinks and private tub in the master bathroom; - all of these features scream luxury, space, and comfort. Located in desirable Laurel Heights neighborhood where homes are rarely available, this home provides the feeling of luxury and more. Close to shopping centers, parks, highways, hospital, soccer fields, and all the other amenities a city offers.Come experience the feeling for yourself today - this gem will not last!

Last Agent to Sell the Property

Sara Phelps

KW Coastal Estates License #01434019 Listed on: 09/08/2021

KW Coastal Estates

Last Buyer's Agent

Jesus Araujo

New Bay Realty License #01707074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,094

Year Built

  • 2011

Lot Details

  • 0.34

Parking

  • 2 Car Attached Garage

Home Design

  • Reinforced Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Permanent Foundation
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,204 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 0.34 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,094

Year Built

2011

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 2204
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 2204
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space, Foundation Pillars, Permanent, Raised, Reinforced Concrete
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14810.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14810.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 4, 2021
Sold by
Chapin Donald D and Chapiri Barbara A
Bought by
Regalado Juan M and Regalado Maria D
Seller's Agent
Sara Phelps
KW Coastal Estates
Buyer's Agent
Jesus Araujo
New Bay Realty
List Price
$739,000
Sold Price
$750,000
Premium/Discount to List
$11,000
1.49%
Current Estimated Value
$856,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,079
Avg. Annual Appreciation
4.69%
Original Mortgage
$600,000
Outstanding Balance
$549,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$348,455
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
Regalado Juan M $750,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regalado Juan M $600,000
Previous Owner Chapin Donald D $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $750,000 +1.5% $340 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $739,000 -- $335 / 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 $9,094 $795,905 $456,319 $339,586
2024 $9,094 $780,300 $447,372 $332,928
2023 $8,783 $765,000 $438,600 $326,400
2022 $8,458 $750,000 $430,000 $320,000
2021 $3,651 $750,000 $430,000 $320,000
2020 $3,550 $324,899 $106,273 $218,626
2019 $3,525 $318,530 $104,190 $214,340
2018 $3,480 $312,286 $102,148 $210,138
2017 $3,483 $306,164 $100,146 $206,018
2016 $3,486 $300,162 $98,183 $201,979
2015 $3,532 $295,655 $96,709 $198,946
2014 $3,296 $289,864 $94,815 $195,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861719

MLSListings

APN: 261-754-013-000