NOT LISTED FOR SALE

7237 Grace Ln Salinas, CA 93907

Estimated Value: $793,000 - $871,000

3 Beds
2 Baths
1,400 Sq Ft
$587/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $469,777 $336 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,862/month

7 Days on Market

Highlights

  • Horse Property
  • 2 Car Attached Garage
  • Bathtub
  • Deck
  • Eat-In Kitchen
  • Tile Countertops

About This Home

As of May 2016

Great 3 bedroom 2 bath single level home located on private road with awesome views on a level side and back yard. Back yard and rear covered deck perfect for back yard BBQ for family and friends. Plenty of parking for RV, boat, and them some....... Easy access to HWY 101.

Last Agent to Sell the Property

Regina Shaw

Intero Real Estate Services License #01428652 Listed on: 03/31/2016

Intero Real Estate Services

Last Buyer's Agent

Lori McClelland

Realty World Providence Properties License #01265380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1965

Lot Details

  • 0.5 Acre Lot
  • Kennel or Dog Run
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Guest Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Horse Property
  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 125-522-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,014

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Year Built: 1965
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Tile
  • Living Sq Ft: 1400
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck, Dog Run / Kennel, Fenced, Storage Shed / Structure
  • Horse Property: Yes
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Carport, Guest / Visitor Parking, Room for Oversized Vehicle
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air, Propane
  • Sewer/Septic System: Septic Connected

Schools

  • School District: North Monterey County Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 125-522-002-000
  • Lot Acres: 0.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21780.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21780.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: North Monterey County Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 30, 2016
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Garlow Michelle and Garlow Alcobendas Mark
Seller's Agent
Regina Shaw
Intero Real Estate Services
Buyer's Agent
Lori McClelland
Realty World Providence Properties
List Price
$439,000
Sold Price
$469,777
Premium/Discount to List
$30,777
7.01%
Current Estimated Value
$822,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,672
Avg. Annual Appreciation
6.13%
Original Mortgage
$461,267
Outstanding Balance
$374,094
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$448,355

Purchase Details

Closed on
Dec 18, 2006
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Koranda Kevin C and Koranda Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Koranda Kevin C and Koranda Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2005
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Koranda Kevin C and Koranda Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Koranda Kevin C and Koranda Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 14, 2002
Sold by
Koranda Kevin C and Koranda Barbara A
Bought by
Koranda Kevin C and Koranda Barbara A
Source: Public Records

Range of Values:

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Average Value
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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
Garlow Michelle $470,000 Chicago Title Company
Koranda Kevin C -- Accommodation
Koranda Kevin C -- Stewart Title Of Ca Inc
Koranda Kevin C -- Accommodation
Koranda Kevin C -- Stewart Title Of Ca Inc
Koranda Kevin C -- --
Koranda Kevin C -- Old Republic Title
Koranda Kevin C -- First American Title
Koranda Kevin C -- First American Title
Koranda Kevin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garlow Michelle $461,267
Previous Owner Koranda Kevin C $400,000
Previous Owner Koranda Kevin C $372,000
Previous Owner Koranda Kevin C $300,000
Previous Owner Koranda Kevin C $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $469,777 +7.0% $336 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $439,000 -- $314 / 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 $6,014 $556,115 $295,947 $260,168
2024 $6,014 $545,212 $290,145 $255,067
2023 $5,904 $534,522 $284,456 $250,066
2022 $5,871 $524,042 $278,879 $245,163
2021 $5,650 $513,767 $273,411 $240,356
2020 $5,639 $508,500 $270,608 $237,892
2019 $5,509 $498,530 $265,302 $233,228
2018 $5,418 $488,755 $260,100 $228,655
2017 $5,120 $479,172 $255,000 $224,172
2016 $2,581 $225,928 $90,701 $135,227
2015 $2,481 $222,535 $89,339 $133,196
2014 $2,439 $218,176 $87,589 $130,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81577989

MLSListings

APN: 125-522-002-000