NOT LISTED FOR SALE

625 Cornell Ave Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $755,000 - $916,000

4 Beds
3 Baths
2,068 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $480,000 $232 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,874/month

32 Days on Market

Highlights

  • Wood Burning Stove
  • Eat-In Kitchen
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room

About This Home

As of July 2018

This inviting 4 bedroom, 3 bathroom home comes with bright, open floor plan, spacious living room, huge family room, upstairs private master suite, newer exterior paint, 2-car attached garage with additional storage area. Spacious back yard great for outdoor BBQ, entertaining, relaxing - nice corner lot possible boat/RV parking, ideally situated in a quiet and mature neighborhood.

Last Agent to Sell the Property

Donald L. Jessup

CSR Real Estate Services License #00836160 Listed on: 05/18/2018

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,936

Year Built

  • Built in 1961

Lot Details

  • 5,001 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Separate Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 016-012-009-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,936

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 2068
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Stove
  • Dining Room: Dining "L", Eat in Kitchen
  • Living Sq Ft: 2068
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street, Room for Oversized Vehicle

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 016-012-009-000
  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2021
Sold by
Tam Lam P and Tan Jian Y
Bought by
Tan Qi Rong and Luo Xiaoyan
Current Estimated Value
$788,430

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
$338,866
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$440,732

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 12, 2018
Sold by
Grier Tammy
Bought by
Tan Qi Rong and Luo Xiaoyan
Seller's Agent
Donald L. Jessup
CSR Real Estate Services
Buyer's Agent
Hui Wang
Shen's Management & Sales Inc
List Price
$549,950
Sold Price
$480,000
Premium/Discount to List
-$69,950
-12.72%

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
$384,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Grier Steven L
Bought by
Grier Steven L and Grier Tammy

Purchase Details

Closed on
Apr 22, 2003
Sold by
Grier Tammy
Bought by
Grier Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.54%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Grier Robert C
Bought by
Grier Robert C and Grier Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Grier Robert C and Grier Steven L
Bought by
Grier Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.88%
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
Tan Qi Rong -- Old Republic Title Company
Tan Qi Rong $480,000 Fidelity National Title
Grier Tammy -- Fidelity National Title
Grier Steven L -- None Available
Grier Steven L -- Old Republic Title
Grier Robert C -- --
Grier Robert C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Qi Rong $370,000
Closed Tan Qi Rong $384,000
Previous Owner Grier Steven L $435,000
Previous Owner Grier Steven L $410,000
Previous Owner Grier Steven L $200,000
Previous Owner Grier Steven L $75,000
Previous Owner Grier Steven L $184,000
Previous Owner Grier Steven L $105,000
Previous Owner Grier Robert C $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $480,000 -3.8% $232 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $499,000 -9.3% $241 / Sq Ft
05/18/2018 05/18/18 For Sale $549,950 -- $266 / 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 $6,936 $613,530 $278,876 $334,654
2024 $6,936 $601,501 $273,408 $328,093
2023 $6,701 $589,708 $268,048 $321,660
2022 $6,466 $578,146 $262,793 $315,353
2021 $6,271 $566,811 $257,641 $309,170
2020 $6,097 $561,000 $255,000 $306,000
2019 $6,056 $550,000 $250,000 $300,000
2018 $1,513 $140,982 $22,027 $118,955
2017 $1,513 $138,219 $21,596 $116,623
2016 $1,512 $135,510 $21,173 $114,337
2015 $1,524 $133,475 $20,855 $112,620
2014 $1,422 $130,861 $20,447 $110,414
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Donald L. Jessup

    CSR Real Estate Services

    Section Image

  • H

    Buyer's Agent in 2018

    Hui Wang

    Shen's Management & Sales Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81706363

MLSListings

APN: 016-012-009-000

California Monterey County Salinas 93901 South Salinas

625 Cornell Ave, Salinas, CA

This home is located at 625 Cornell Ave, Salinas, CA 93901 since 18 May 2018 and is currently estimated at $827,723, approximately $400 per square foot. This property was built in 1961. 625 Cornell Ave is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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