NOT LISTED FOR SALE

746 Echo Valley Rd Salinas, CA 93907

Estimated Value: $991,000 - $1,502,000

5 Beds
4 Baths
2,170 Sq Ft
$545/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $1,100,000 $507 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,219/month

64 Days on Market

Highlights

  • Horse Property
  • Wood Burning Stove
  • 2 Car Detached Garage
  • 2.66 Acre Lot
  • Formal Dining Room
  • Open to Family Room

About This Home

As of December 2023

Great opportunity to own 2 legal units on one parcel, the main house consists of 4 bedrooms 3 full baths with appx. 2,170 square feet of updated living space, the 2nd unit is a 1 bedroom 1 bath unit with appx. 800 square feet of living space plus a detached 2 car garage all on 2.66 acres. The main home has an open kitchen with granite slab countertops and stainless steel appliances and also features a formal dining room along with an open kitchen/living room combo, central heating as well as a wood stove heats this home. Mature fruit trees and productive avocado trees

Last Agent to Sell the Property

Alfred Ramirez

Ramirez Properties License #01095452 Listed on: 09/02/2023

Last Buyer's Agent

Sara Phelps

Sotheby’s International Realty License #01434019

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 2.66 Acre Lot
  • Zoning described as R!

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Formal Dining Room
  • Laminate Flooring
  • Open to Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 127-201-018-000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2170
  • Year Built: 1952
  • Zoning Description: R!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Stove
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2170
  • Stories: 1
  • Flooring: Laminate
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Horse Property: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Septic Connected

Lot Info

  • Parcel Number: 127-201-018-000
  • Lot Acres: 2.6600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 115870.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 115870.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: North Monterey County Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2023
Closed on
Nov 30, 2023
Sold by
Estrada Francisco F and Estrada Margarita O
Bought by
Mendoza Alonso Vargas and Vargas Evelyn Coronel
Seller's Agent
Alfred Ramirez
Ramirez Properties
Buyer's Agent
Sara Phelps
Sotheby’s International Realty
List Price
$1,100,000
Sold Price
$1,100,000
Views
285
Current Estimated Value
$1,183,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,482
Avg. Annual Appreciation
3.71%
Original Mortgage
$880,000
Outstanding Balance
$866,186
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$317,296

Purchase Details

Closed on
Jul 13, 2008
Sold by
Estrada Francisco F and Estrada Margarita O
Bought by
State Of California

Purchase Details

Closed on
Apr 28, 1998
Sold by
Lucas Iva Mae
Bought by
Estrada Francisco F and Estrada Margarita O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mendoza Alonso Vargas $1,100,000 First American Title
State Of California -- Stewart
Estrada Francisco F $240,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Alonso Vargas $880,000
Previous Owner Estrada Francisco F $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $1,100,000 0.0% $507 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $1,100,000 0.0% $507 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $1,100,000 -- $507 / 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 $12,001 $1,122,000 $510,000 $612,000
2024 $12,001 $1,100,000 $500,000 $600,000
2023 $4,694 $1,100,000 $500,000 $600,000
2022 $4,667 $412,037 $131,686 $280,351
2021 $4,492 $403,958 $129,104 $274,854
2020 $4,454 $399,817 $127,781 $272,036
2019 $4,351 $391,978 $125,276 $266,702
2018 $4,279 $384,293 $122,820 $261,473
2017 $4,045 $376,759 $120,412 $256,347
2016 $4,210 $369,372 $118,051 $251,321
2015 $4,054 $363,824 $116,278 $247,546
2014 $3,985 $356,698 $114,001 $242,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81940649

MLSListings

APN: 127-201-018-000