NOT LISTED FOR SALE

Estimated Value: $616,887

0.39 Acre
$1,565,703 Price per Acre
17,163 Sq Ft Lot

Last Sold August 11, 2014

Last sale price $317,000

Est. 95% increase in value since last sale

Current estimated payment $3,647/month

668 Days on Market

About This Lot

As of August 2014

Vacant corner lot, 17,155 SF, is available on busy main street in Salinas. There is some development on the lot –with water on the lot line. Other utilities are at the lot line. A commercial building was once was on the property. It is zoned MAF (Mixed Arterial Frontage) with a wide usage of commercial application – commercial, some multi-residential units. Prime lot for development.

Last Agent to Sell the Property

Flora Chong

Business Team License #01152802 Listed on: 10/05/2012

Last Buyer's Agent

Jose Belman

Priority Real Estate License #01847115

Property Details

Property Type

  • Land

Lot Details

  • Property is Fully Fenced

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: MAF
  • Subclass: Other Commercial Land
  • Inspections Reports: Fault Zone
  • Listing Class: Commercial Lots & Land
  • Present Use: Vacant, Commercial
  • Development Status: Possible Lot Split
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Complete Perimeter
  • Road Sidewalks: Sidewalk, Curbs/Gutters

Lot Info

  • Lot Number: 6
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 320000

Multi Family

  • Utilities: On Pole

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Barron Reyes and Castaneda Juan Jose
Bought by
735 Market Llc
Current Estimated Value
$616,887

Purchase Details

Listed on
Oct 5, 2012
Closed on
Aug 6, 2014
Sold by
Alcala Veronica Alcala
Bought by
Barron Reyes
Seller's Agent
Flora Chong
Business Team
Buyer's Agent
Jose Belman
Priority Real Estate
List Price
$250,000
Sold Price
$317,000
Premium/Discount to List
$67,000
26.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Jun 27, 2007
Sold by
Sicley Enterprises Inc
Bought by
Rocha Louie Charles and Rocha Gwendolyn Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2007
Sold by
Grossman Relda
Bought by
Sicley Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2001
Sold by
Grossman Relda
Bought by
Sicley Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 1994
Sold by
Grossman Relda
Bought by
Aidelberg Dena and Grossman Relda
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
735 Market Llc -- None Listed On Document
Barron Reyes -- Chicago Title Company
Barron Reyes $317,000 Chicago Title Company
Rocha Louie Charles -- Stewart Title Monterey
Sicley Enterprises Inc -- Stewart Title Monterey
Sicley Enterprises Inc $218,000 First American Title
Aidelberg Dena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocha Louie Charles $200,000
Previous Owner Sicley Enterprises Inc $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $317,000 +26.8% --
08/04/2014 08/04/14 Pending -- -- --
10/05/2012 10/05/12 For Sale $250,000 -- --
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 $5,435 $460,884 $380,982 $79,902
2024 $5,435 $451,848 $373,512 $78,336
2023 $5,253 $442,989 $366,189 $76,800
2022 $5,056 $434,304 $359,009 $75,295
2021 $4,855 $425,789 $351,970 $73,819
2020 $4,710 $421,424 $348,361 $73,063
2019 $4,679 $413,162 $341,531 $71,631
2018 $4,612 $405,062 $334,835 $70,227
2017 $4,615 $397,120 $328,270 $68,850
2016 $4,614 $389,334 $321,834 $67,500
2015 $3,872 $317,000 $317,000 $0
2014 $5,033 $437,172 $437,172 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81236824

MLSListings

APN: 004-093-014-000