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16940 El Rancho Way

16940 El Rancho Way, Salinas, CA 93907
Property in Monterey
Sold Mar 27, 1996
$70,000
$400,000 by Wilmington Finance Inc
Mortgage Due Nov 01, 2036
Sold Mar 27, 1996
$70,000
16940 El Rancho Way has been categorized by the local assessors in Salinas, CA as a residential type of property. The building on the property was first built in 1943 and is 81 years old. The home has a total of 13 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16940 El Rancho Way has 2,610 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,506 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 329 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 16940 El Rancho Way was last sold in Mar 19, 1996 for $70,000. According to our calculations, that's $26.82 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Mar 19, 1996. Current property owners are expected to pay $4,733 in taxes per year. The property on 16940 El Rancho Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $346,824. To break that down further, the land itself was valued at $94,137. While improvements to the property were assessed at a total of $252,687. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 329
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,506
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP 2 EL SAUSAL RO RESUB
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP 2 EL SAUSAL RO RESUB OF LOTS B15 & C15 SUB 3 OF LOT 2

Ownership

  • Current Owner : MARAVILLA RICHARD J
  • Current Owner 2: MARAVILLA LUCY
  • Previous Owner : ROHRESCHEIB BENNIE REX
  • Previous Owner 2: ROHRSCHEIB LINDA KAY
  • Owner Before Previous Owner: ROHRESCHEIB BENNIE REX
  • Owner Before Previous Owner 2: ROHRSCHEIB LINDA KAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 001801

Geography

  • Assessors Map Reference: 0G-A2
  • Parcel: 261-081-011-000
  • Block: 15
  • Lot: 2
  • Latitude: 36.6999
  • Longitude: -121.675

    Address

  • Full Address: 16940 El Rancho Way
  • Address - House Number: 16940
  • Address - Street Name: El Rancho
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Salinas
  • Carrier Code: C025
  • 4-Digit Zip Code: 1702
  • Zip Code: 93907

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,733
  • Tax Rate Code Area: 118-002

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 667,740
  • High Value: 799,539
  • Low Value: 535,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: WILMINGTON FINANCE INC
  • First Open Lien Mortgage Recording Date: Oct 31, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,824
  • Assessed Land Value: $94,137
  • Assessed Improvements Value: $252,687

    Sales

  • Current Sale Contract Date: Mar 19, 1996
  • Current Sale Recording Date: Mar 27, 1996
  • Current Sale Transaction ID: 1026321309
  • Current Sale Price: $70,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18091
  • Previous Sale Recording Date: Mar 27, 1996
  • Previous Sale Contract Date: Mar 19, 1996
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Grant Deed

About Boronda



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Frequently Asked Questions

What neighborhood is 16940 El Rancho Way located in?
The 16940 El Rancho Way is a located in the neighborhood of Monterey in Boronda, Salinas.
What is the average sales price for listings in 16940 El Rancho Way?
The average sales price for units in 16940 El Rancho Way is $0 currently.

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