NOT LISTED FOR SALE

8659 Carolines Ridge Rd Salinas, CA 93907

Estimated Value: $1,374,000 - $1,990,000

5 Acres
$343,719 Price per Acre
218,236 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $220,000

Est. 683% increase in value since last sale

Current estimated payment $10,753/month

2 Days on Market

Highlights

  • 5.01 Acre Lot
  • Lagunita Elementary School Rated A
  • Gentle Sloping Lot

About This Lot

As of December 2015

Lot 21. A secluded lot in a gated private subdivision. A large 5-acre lot with the building pad already graded and the utilities in the street. Ready to begin building your new Custom Home. Check Monterey County for requirements. Seller Financing possible. There is some remaining items from other projects on the site that will eventually be removed.

Last Agent to Sell the Property

Cameron Jeffs

Avant Real Estate Group License #01446257 Listed on: 12/14/2015

Last Buyer's Agent

Trevor Roberti

The Buyers Brokerage, Inc License #01509286

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,922

Lot Details

  • 5.01 Acre Lot
  • Gentle Sloping Lot

Utilities

  • Septic Permit Required
  • Sewer Not Available

Community Details

Overview

  • Association fees include electricity, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - road, reserves
  • Hidden Canyon HOA

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$13,922

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Building Site Cleared, Have Building Plans, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Septic Required, Sewer Not Available

Condo/Co-op/Association

  • HOA Fees: 295
  • Association Fees Include: Electricity, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Hidden Canyon HOA

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 5.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 218235.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 218235.60
  • Parcel Access: Paved Road, Private Road - Maint. Access

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Tbd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2018
Sold by
Platt Craig and Platt Eric D
Bought by
Platt Craig and Platt Eric D
Current Estimated Value
$1,722,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$602,744
Interest Rate
4.7%
Mortgage Type
Construction
Estimated Equity
$1,267,688

Purchase Details

Closed on
Apr 20, 2018
Sold by
Platt Craig
Bought by
Platt Craig and Platt Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 14, 2015
Closed on
Dec 4, 2015
Sold by
C C I L L C
Bought by
Platt Craig
Seller's Agent
Cameron Jeffs
Avant Real Estate Group
Buyer's Agent
Trevor Roberti
The Buyers Brokerage, Inc
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.18%
Original Mortgage
$170,000
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2009
Sold by
Countrywide Home Loans Inc
Bought by
C C I L L L C

Purchase Details

Closed on
Jul 30, 2008
Sold by
Diaz Derek M
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Assured Aggregates Co Inc
Bought by
Chapin 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
$990,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Chapin Donald D and Chapin Barbara A
Bought by
Diaz Derek M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Chapin Donald D and Chapin Barbara A
Bought by
Chapin Donald D and Chapin Barbara A
Source: Public Records

Range of Values:

Collateral Analytics

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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
Platt Craig -- First American Title Co
Platt Craig -- First American Title Co
Platt Craig $220,000 First American Title Company
C C I L L L C $130,500 Chicago Title Company
Countrywide Home Loans Inc $459,000 First American Title
Chapin Barbara A -- First American Title
Diaz Derek M $525,000 First American Title
Chapin Donald D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platt Craig $675,000
Closed Platt Craig $178,750
Closed Platt Craig $170,000
Previous Owner Diaz Derek M $990,000
Previous Owner Diaz Derek M $273,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $220,000 -12.0% --
12/16/2015 12/16/15 Pending -- -- --
12/14/2015 12/14/15 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
2024 $13,922 $1,267,763 $294,989 $972,774
2023 $13,673 $1,242,905 $289,205 $953,700
2022 $10,612 $946,535 $283,535 $663,000
2021 $10,211 $927,976 $277,976 $650,000
2020 $8,028 $725,126 $275,126 $450,000
2019 $2,985 $269,732 $269,732 $0
2018 $2,542 $228,888 $228,888 $0
2017 $2,402 $224,400 $224,400 $0
2016 $2,501 $220,000 $220,000 $0
2015 $1,562 $140,159 $140,159 $0
2014 $1,535 $137,414 $137,414 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81535129

MLSListings

APN: 125-621-021-000