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1018 Ofarrell Court

1018 Ofarrell Court, Salinas, CA 93907
Property in Monterey
Sold Jul 07, 2023
$655,000
$255,000 by Ladera Lending, Inc.
Mortgage Due Aug 01, 2053
Sold Jul 07, 2023
$655,000
$255,000 by Ladera Lending, Inc.
Mortgage Due Aug 01, 2053
1018 Ofarrell Court 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 1987 and is 37 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1018 Ofarrell Court has 1,212 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 5,030 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 516 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood shake/ shingles. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 20, 2023 for $655,000. That's $540.43 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2023 for $655,000. 1018 Ofarrell Court was last assessed in 2023. The total value of the property was assessed at $437,454. Specifically, the land the property is located on was valued at $218,727. While improvements on the property were assessed at a total of $218,727. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,863. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 516
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,030
  • Total Building Area: 1,212
  • Gross Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,212
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAUREL WEST UNIT NO 9
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUREL WEST UNIT NO 9 TR 1019 LOT 34 BLK 16

Ownership

  • Current Owner : CASO FAMILY LIVING TRUST
  • Current Owner 2: CASO
  • Previous Owner : RIOS DAVID ANTHONY
  • Previous Owner 2: RIOS KATHERINE VICTORIA
  • Owner Before Previous Owner: RIOS DAVID ANTHONY
  • Owner Before Previous Owner 2: RIOS KATHERINE VICTORIA
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 001802

Geography

  • Subdivision Tract Number: 1019
  • Parcel: 261-802-034-000
  • Block: 16
  • Lot: 34
  • Latitude: 36.6909
  • Longitude: -121.66

    Address

  • Full Address: 1018 Ofarrell Ct
  • Address - House Number: 1018
  • Address - Street Name: Ofarrell
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Salinas
  • Carrier Code: C031
  • 4-Digit Zip Code: 1960
  • Zip Code: 93907

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,863
  • Tax Rate Code Area: 005-015

    Appraisal Valuation

  • Standard Deviation: 0.0599
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 97
  • Final Value: 642,089
  • High Value: 680,583
  • Low Value: 603,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: LADERA LENDING, INC.
  • First Open Lien Mortgage Recording Date: Jul 07, 2023
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,454
  • Assessed Land Value: $218,727
  • Assessed Improvements Value: $218,727

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Transaction ID: 11909099597
  • Current Sale Price: $655,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20826
  • Previous Sale Recording Date: Jul 07, 2023
  • Previous Sale Contract Date: Jun 20, 2023
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LADERA LENDING, INC.
  • First Mortgage Transaction Date: Jul 07, 2023
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LADERA LENDING, INC.
  • Previous Mortgage Transaction Date: Jul 07, 2023
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2053

About Salinas



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Frequently Asked Questions

What neighborhood is 1018 Ofarrell Court located in?
The 1018 Ofarrell Court is a located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 1018 Ofarrell Court?
The average sales price for units in 1018 Ofarrell Court is $0 currently.

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