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123 Homestead Avenue

123 Homestead Avenue, Salinas, CA 93901
Property in Monterey
Sold Sep 06, 2016
$395,000
$375,250 by Primelending
Mortgage Due Oct 01, 2046
Sold Nov 26, 2002
$320,000
$304,000 by Santa Cruz Mtg Company
Mortgage Due Dec 01, 2032
Local assessors in Salinas, CA have categorized 123 Homestead Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 6,300 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 123 Homestead Avenue has a total of 1,546 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 123 Homestead Avenue was last sold in Aug 30, 2016 for $395,000. According to our calculations, that's $255.50 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Nov 5, 2002. Current property owners are expected to pay $4,889 in taxes per year. The property on 123 Homestead Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $440,625. To break that down further, the land itself was valued at $189,636. While improvements to the property were assessed at a total of $250,989. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,546
  • Gross Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSRS MAP OF SALINAS SUBD I
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASSRS MAP OF SALINAS SUBD I OF LOT 12A

Ownership

  • Current Owner : WHALEY MARY C
  • Previous Owner : CONNOR BARBARA J O
  • Owner Before Previous Owner: SMITH PATRICK J
  • Owner Before Previous Owner 2: SMITH KIM L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 001400

Geography

  • Parcel: 002-271-029-000
  • Lot: 12A
  • Latitude: 36.6748
  • Longitude: -121.665

    Address

  • Full Address: 123 Homestead Ave
  • Address - House Number: 123
  • Address - Street Name: Homestead
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Salinas
  • Carrier Code: C011
  • 4-Digit Zip Code: 1627
  • Zip Code: 93901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,889
  • Tax Rate Code Area: 005-001

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 702,259
  • High Value: 853,674
  • Low Value: 550,845

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $425,250
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Sep 06, 2016
  • First Open Lien Mortgage Loan Amount: $375,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: MONTEREY CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 01, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 10, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,625
  • Assessed Land Value: $189,636
  • Assessed Improvements Value: $250,989

    Sales

  • Current Sale Contract Date: Aug 30, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Transaction ID: 1775851702
  • Current Sale Price: $395,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016051201
  • Previous Sale Recording Date: Nov 26, 2002
  • Previous Sale Contract Date: Nov 05, 2002
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Sep 06, 2016
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SANTA CRUZ MTG COMPANY
  • Previous Mortgage Transaction Date: Nov 26, 2002
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2032

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Frequently Asked Questions

What neighborhood is 123 Homestead Avenue located in?
The 123 Homestead Avenue is a located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 123 Homestead Avenue?
The average sales price for units in 123 Homestead Avenue is $0 currently.

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