848 River Rd Salinas, CA 93908
Estimated Value: $1,087,612 - $1,159,000
7
Beds
3
Baths
2,116
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- 7.56 Acre Lot
- Wood Burning Stove
- Vaulted Ceiling
- Deck
- Forest View
- Wood Flooring
About This Home
As of June 2020Two Homes on a 7.56 acre lot! Property consists of two single family homes. Larger home is a five bedroom, two bath, 2116 sq ft, The second home is a two bedroom, one bath 780 sq ft currently used as a rental. The original owner/builder is still the occupant of the main house. The yard is treed in various areas with old growth. Lots of potential with the extra land. There is a rose garden, various fruit trees and such. When you enter the home you will find a family room with a dinning area off the kitchen. There is a separate living room with a wood burning stove. There are four identical bedroom and one larger master that also includes a wood burning stove. There is a garage/workshop that will fit three cars. The second home is closer the the entrance of the property, so there is plenty of privacy between the both. Rare property to come on the market!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,484
Year Built
- 1971
Lot Details
- 7.56 Acre Lot
- Back Yard
Parking
- 3 Car Detached Garage
- Workshop in Garage
- Off-Street Parking
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,116 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Skylights in Kitchen
- 3 Fireplaces
- Wood Burning Stove
- Family or Dining Combination
- Forest Views
Kitchen
- Open to Family Room
- Electric Oven
- Laminate Countertops
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry in unit
- Electric Dryer Hookup
Outdoor Features
- Deck
- Enclosed patio or porch
Horse Facilities and Amenities
- Horses Potentially Allowed on Property
Utilities
- Cooling System Mounted To A Wall/Window
- Vented Exhaust Fan
- Separate Meters
- 220 Volts
- Shared Well
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2020
Closed on
May 26, 2020
Sold by
Brocklin Henry H Van and Olson Diane M
Bought by
Jefferson Martin W and Jefferson Jamie L
Seller's Agent
Bill Backus
Backus Properties
Buyer's Agent
Bill Backus
Backus Properties
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%
Total Days on Market
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,153
Avg. Annual Appreciation
8.33%
Original Mortgage
$646,000
Outstanding Balance
$582,362
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$546,974
Purchase Details
Closed on
Oct 9, 2019
Sold by
Vanbrocklin Henry H
Bought by
Vanbrocklin Henry H and Olson Diane M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jefferson Martin W | $760,000 | Chicago Title Company | |
| Vanbrocklin Henry H | -- | None Available | |
| Vanbrocklin Hanry H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jefferson Martin W | $200,000 | |
| Open | Jefferson Martin W | $646,000 | |
| Previous Owner | Vanbrocklin Henry H | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2020 06/01/20 | Sold | $760,000 | -10.5% | $359 / Sq Ft |
| 04/22/2020 04/22/20 | Pending | -- | -- | -- |
| 04/10/2020 04/10/20 | For Sale | $849,000 | 0.0% | $401 / Sq Ft |
| 02/18/2020 02/18/20 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | For Sale | $849,000 | -- | $401 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,484 | $814,871 | $321,660 | $493,211 |
| 2023 | $9,149 | $798,894 | $315,353 | $483,541 |
| 2022 | $9,186 | $783,230 | $309,170 | $474,060 |
| 2021 | $8,783 | $767,873 | $303,108 | $464,765 |
| 2020 | $1,931 | $149,431 | $48,399 | $101,032 |
| 2019 | $1,910 | $146,501 | $47,450 | $99,051 |
| 2018 | $1,873 | $143,629 | $46,520 | $97,109 |
| 2017 | $1,903 | $140,813 | $45,608 | $95,205 |
| 2016 | $1,837 | $138,053 | $44,714 | $93,339 |
| 2015 | $1,837 | $135,980 | $44,043 | $91,937 |
| 2014 | $1,756 | $133,318 | $43,181 | $90,137 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Backus
Seller's Agent in 2020
Bill Backus
Backus Properties
(831) 262-9730
80 Total Sales
Map
Source: MLSListings
MLS Number: ML81780897
APN: 167-061-038-000
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