NOT LISTED FOR SALE

9901 Madras Place Salinas, CA 93907

Estimated Value: $884,000 - $940,000

4 Beds
2 Baths
2,148 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $625,000 $291 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,595/month

71 Days on Market

Highlights

  • In Ground Pool
  • Balcony
  • Breakfast Bar
  • Neighborhood Views
  • Bathtub
  • Tile Countertops

About This Home

As of March 2019

Nicely updated four bedroom, two bathroom single story home in the well desired Oak Hills neighborhood with a great floor plan. Laminate floors, updated kitchen that opens to the dining and family room area. Double shower in the large master bath, large master bedroom and attached two car garage. This home is set on a spacious corner lot on a cul-de-sac. The home is very close to the community pool and the tennis courts. The property has plenty of amenities and a great neighborhood for you and your family to enjoy.

Last Agent to Sell the Property

Greg Jacobson

Sotheby’s International Realty License #01457213 Listed on: 11/29/2018

Last Buyer's Agent

Jose Garcia

Coast & Valley Properties, Inc. License #01878384

Coast & Valley Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,453

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Northwest Facing Home
  • Partially Fenced Property
  • Mostly Level
  • Back Yard
  • Zoning described as R1

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family or Dining Combination
  • Neighborhood Views
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Low Flow Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 133-471-001-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, pool spa or tennis
  • Oak Hills HOA

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,453

Year Built

Built in 1978

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 2148
  • Year Built: 1978
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Family Room
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2148
  • Stories: 1
  • Laundry: Electricity Hookup (220V)
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - In Ground, Spa / Hot Tub
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Pool: Yes
  • Fencing: Partial Fencing
  • Property Faces: Northwest
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 55
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Oak Hills HOA
  • H O A Exist: Yes

Schools

  • School District: North Monterey County Unified
  • Middle School: Gambetta Middle
  • High School: North Monterey County High
  • High School: 549
  • Middle School: 555

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 133-471-001-000
  • Lot Acres: 0.3013
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13125.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13125.00
  • Soil: Unknown

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: North Monterey County Unified
  • High School Text: North Monterey County High
  • Middle School Text: Gambetta Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 7, 2019
Sold by
Bustoz Kristina
Bought by
Wormley Capp and Wormley Carolyn
Seller's Agent
Greg Jacobson
Sotheby’s International Realty
Buyer's Agent
Jose Garcia
Coast & Valley Properties, Inc.
List Price
$658,000
Sold Price
$625,000
Premium/Discount to List
-$33,000
-5.02%
Current Estimated Value
$898,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,549
Avg. Annual Appreciation
6.13%
Original Mortgage
$562,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 3, 2016
Sold by
Burnett Joyce
Bought by
Bustoz Kristina
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Greg Jacobson
Sotheby’s International Realty
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2012
Closed on
Feb 11, 2013
Sold by
Burnett Coty
Bought by
Burnett Joyce
Seller's Agent
Donald Mitchell
Silicon Valley Associates Inc.
Buyer's Agent
Robin Dutra
Coldwell Banker/American Home Realty
List Price
$334,888
Sold Price
$345,000
Premium/Discount to List
$10,112
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1994
Sold by
Newell Lee and Newell Kathy H
Bought by
Blust Mark S and Blust Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.65%
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 Buyer Sale Price Title Company
Wormley Capp $625,000 Chicago Title Company Salina
Bustoz Kristina $585,000 First American Title Company
Bustoz Kristina -- First American Title Company
Burnett Joyce -- Fidelity Natl Title Company
Burnett Joyce $345,000 Fidelity National Title Co
Blust Mark S $225,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wormley Calpp $600,000
Closed Wormley Capp $556,500
Closed Wormley Capp $562,500
Previous Owner Bustoz Kristina $417,000
Previous Owner Burnett Joyce $340,000
Previous Owner Burnett Joyce $338,751
Previous Owner Wilder David W $548,550
Previous Owner Wilder David W $200,000
Previous Owner Wilder David W $300,000
Previous Owner Wilder David W $50,000
Previous Owner Wilder David W $196,000
Previous Owner Blust Mark S $155,000
Closed Blust Mark S $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $625,000 -2.2% $291 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
12/27/2018 12/27/18 Price Changed $639,000 -2.9% $297 / Sq Ft
11/29/2018 11/29/18 For Sale $658,000 +12.5% $306 / Sq Ft
08/09/2016 08/09/16 Sold $585,000 0.0% $272 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $585,000 +69.6% $272 / Sq Ft
02/15/2013 02/15/13 Sold $345,000 +3.0% $161 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $334,888 -- $156 / 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 $7,453 $697,195 $306,766 $390,429
2024 $7,453 $683,525 $300,751 $382,774
2023 $7,315 $670,123 $294,854 $375,269
2022 $7,271 $656,984 $289,073 $367,911
2021 $6,995 $644,103 $283,405 $360,698
2020 $7,015 $637,500 $280,500 $357,000
2019 $6,674 $608,634 $260,100 $348,534
2018 $6,560 $596,700 $255,000 $341,700
2017 $6,198 $585,000 $250,000 $335,000
2016 $4,030 $358,877 $161,234 $197,643
2015 $3,889 $353,488 $158,813 $194,675
2014 $3,836 $346,565 $155,703 $190,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81732294

MLSListings

APN: 133-471-001-000