NOT LISTED FOR SALE

702 Fairmont Dr Salinas, CA 93901

South Salinas Neighborhood

Estimated Value: $832,000 - $918,000

4 Beds
2 Baths
1,860 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $780,000 $419 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,364/month

82 Days on Market

Highlights

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

About This Home

As of June 2023

Wonderful 4 bedroom home close to Salinas Valley Memorial Hospital. This home features a large sunroom and additional recreation room, previously used as a music room. The large backyard is great for entertaining or possibly adding an additional unit. Don't miss out on this great home.

Last Agent to Sell the Property

Renate Harris

Coast to Valley Realty License #01279430 Listed on: 02/08/2023

Last Buyer's Agent

Sofia Sandoval

Sofia Sandoval, Broker License #01188917

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Zoning described as r1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 002-902-018-000

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1860
  • Year Built: 1957
  • Zoning Description: r1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1860
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 002-902-018-000
  • Lot Acres: 0.3421
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14900.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 23, 2023
Sold by
Elster Family Living Trust
Bought by
Sandoval Estella
Seller's Agent
Renate Harris
Coast to Valley Realty
Buyer's Agent
Sofia Sandoval
Sofia Sandoval, Broker
List Price
$799,900
Sold Price
$780,000
Premium/Discount to List
-$19,900
-2.49%
Views
258
Current Estimated Value
$880,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,248
Avg. Annual Appreciation
4.80%
Original Mortgage
$545,000
Outstanding Balance
$529,511
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$350,737

Purchase Details

Closed on
Aug 25, 1994
Sold by
Elster Marvin H and Elster Dorothy
Bought by
Elster Marvin H and Elster Dorothy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandoval Estella $780,000 Chicago Title
Elster Marvin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Estella $545,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $780,000 -2.5% $419 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $799,900 -- $430 / 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 $9,192 $811,512 $442,170 $369,342
2024 $9,192 $795,600 $433,500 $362,100
2023 $1,044 $780,000 $425,000 $355,000
2022 $1,003 $84,980 $20,498 $64,482
2021 $965 $83,315 $20,097 $63,218
2020 $938 $82,461 $19,891 $62,570
2019 $930 $80,845 $19,501 $61,344
2018 $41 $79,261 $19,119 $60,142
2017 $41 $77,708 $18,745 $58,963
2016 $41 $76,185 $18,378 $57,807
2015 $41 $75,041 $18,102 $56,939
2014 $42 $73,572 $17,748 $55,824
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Renate Harris

    Coast to Valley Realty

    Section Image

  • S

    Buyer's Agent in 2023

    Sofia Sandoval

    Sofia Sandoval, Broker

    (831) 902-9945

    3 in this area

    55 Total Sales

    Sofia Sandoval
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81918329

MLSListings

APN: 002-902-018-000

California Monterey County Salinas 93901 South Salinas

702 Fairmont Dr, Salinas, CA

Not Listed for Sale

Detached

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