$965,000
SOLD NOV 26, 2024

7695 Pine Tree Way Salinas, CA 93907

6 Beds
2 Baths
1,728 Sq Ft
0.5 Acres

Recently Sold

$558 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

  • Horse Property
  • Wood Flooring
  • 2 Car Attached Garage
  • Canyon View
  • Granite Countertops
  • Bathtub with Shower

About This Home

As of November 2024

Everybody wants a lot zoned Duplex for multigenerational living needs or the ability to rent out the two houses (each 3 bedrooms 1 bath) only attached by each 1 car garage. Owner used as a rental for a long time. This is truly a unique property on a private road in North Monterey County. Each house has been thoughtfully updated with modern appliances, some granite countertops, lighting, fresh painting, carpeting, hardwood floors, double pane windows/ blinds, & newer roof. Full bathroom in each house w/nice tile work & vanity tops. Great privacy fencing divided by each home w/cement patio for entertaining or relaxing & large yards w/mature landscaping - fruit tree & vegetables. New $4,500 retaining wall was just put in. Large, wide cement driveway for additional parking, separate electric & water meters ,2 septic tanks w/own leach field. Own locked mailbox too! Front property w/open fenced pasture for your horse. Great commute location. This property offers comfort, convivence, and investment potential (rent one and live in the other - Move In Ready). What more could you ask for?

Last Agent to Sell the Property

Heather Masuen

Better Homes & Gardens Real Estate: BEST LIFE License #01388167 Listed on: 10/25/2024

Better Homes & Gardens Real Estate: BEST LIFE

Co-Listed By

Mary Erickson

Better Homes & Gardens Real Estate: BEST LIFE License #01453685

Last Buyer's Agent

Angela Savage

Steinbeck Real Estate, Inc. License #01934055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Canyon Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Horse Property
  • Barbecue Area

Farming

  • Pasture

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 127-281-029-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 1728
  • Year Built: 1962
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Granite, Countertop - Laminate, Dishwasher, Exhaust Fan, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1728
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Canyon
  • Yard/Grounds: BBQ Area, Fenced
  • Horse Property: Yes
  • Fencing: Chain Link, Wood
  • Horse Property Description: Pasture
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Existing Septic

Schools

  • School District: North Monterey County Unified

Lot Info

  • Parcel Number: 127-281-029-000
  • 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: Public Utilities

MLS Schools

  • High School District Text: North Monterey County Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Rock Invest Llc
Bought by
Rock Invest Llc
Current Estimated Value
$992,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$696,935
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$284,133

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 21, 2024
Sold by
Honeybee Revocable Living Trust and Cunningham Kimberly H
Bought by
Rock Invest Llc
Seller's Agent
Heather Masuen
Better Homes & Gardens Real Estate: BEST LIFE
Buyer's Agent
Angela Savage
Steinbeck Real Estate, Inc.
List Price
$899,000
Sold Price
$965,000
Premium/Discount to List
$66,000
7.34%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%

Purchase Details

Closed on
Sep 22, 2021
Sold by
Cunningham Kimberly H C
Bought by
Cunningham Kimberly H C and Honeybee Revocable Living Trus

Purchase Details

Closed on
Oct 5, 2010
Sold by
U S Bank National Association
Bought by
Cunningham Kimberly H C

Purchase Details

Closed on
Jan 18, 2010
Sold by
Diaz Felix and Herrera Gualberta
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 18, 2005
Sold by
Burdett James M and Burdett Kimberly K
Bought by
Diaz Felix and Herrera Gualberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,200
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 23, 2004
Sold by
Desmond Donald G and Desmond Sandra E
Bought by
Burdett James M and Burdett Kimberly K

Purchase Details

Closed on
Feb 26, 2004
Sold by
Lenker Don and Lenker Karen
Bought by
Desmond Donald G and Desmond Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed -- Wfg National Title
Grant Deed $965,000 Chicago Title
Grant Deed $965,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $220,000 Stewart Title
Trustee Deed $325,000 None Available
Grant Deed $753,000 First American Title
Grant Deed -- --
Grant Deed $400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $593,200 Fannie Mae Freddie Mac
Previous Owner $11,500 Unknown
Previous Owner $320,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $965,000 +7.3% $558 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $899,000 -- $520 / 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 $3,164 $965,000 $500,000 $465,000
2024 $3,164 $965,000 $500,000 $465,000
2023 $3,106 $270,903 $123,137 $147,766
2022 $3,087 $265,592 $120,723 $144,869
2021 $2,972 $260,385 $118,356 $142,029
2020 $2,894 $257,716 $117,143 $140,573
2019 $2,827 $252,664 $114,847 $137,817
2018 $2,781 $247,711 $112,596 $135,115
2017 $2,629 $242,855 $110,389 $132,466
2016 $2,736 $238,094 $108,225 $129,869
2015 $2,631 $234,519 $106,600 $127,919
2014 $2,587 $229,926 $104,512 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984535

MLSListings

APN: 127-281-029-000