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1228 Los Olivos Drive

1228 Los Olivos Drive, Salinas, CA 93901
Property in Monterey
Sold Aug 12, 2004
$595,000
$476,000 by Americas Wholesale Lender
Mortgage Due Sep 01, 2034
Local assessors in Salinas, CA have categorized 1228 Los Olivos Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 7,000 square feet. 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 1228 Los Olivos Drive has a total of 1,660 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 490 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 wood 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 - C. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1228 Los Olivos Drive sold most recently in Aug 3, 2004 for a total of $595,000. If you work out the math, that's approximately a cost of $358.43 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,389 in taxes each year. 1228 Los Olivos Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $797,160. If we break it down further, the land itself was valued at $415,328. Improvements to the property, however, were assessed at a total of $381,832. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOS OLIVOS UNIT NO 1
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOS OLIVOS UNIT NO 1 TR 555 LOT 14 BLK 2 POR OF LOT 15 BLK 2 SHOWN AS PAR B ON PAR MAPS VOL 5 PG27

Ownership

  • Current Owner : PALACIOS RAFAEL
  • Previous Owner : KIM SUNG W
  • Previous Owner 2: KIM KYONG S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 001500

Geography

  • Subdivision Tract Number: 555
  • Parcel: 207-152-014-000
  • Block: 2
  • Lot: 14,15
  • Latitude: 36.6602
  • Longitude: -121.67

    Address

  • Full Address: 1228 Los Olivos Dr
  • Address - House Number: 1228
  • Address - Street Name: Los Olivos
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Salinas
  • Carrier Code: C014
  • 4-Digit Zip Code: 1724
  • Zip Code: 93901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,389
  • Tax Rate Code Area: 005-006

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 853,492
  • High Value: 1,035,859
  • Low Value: 671,124

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $506,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Aug 12, 2004
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Sep 01, 2034
  • Second Open Lien Mortgage Lender: THE GOLDEN 1 CU
  • Second Open Lien Mortgage Recording Date: Apr 01, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $797,160
  • Assessed Land Value: $415,328
  • Assessed Improvements Value: $381,832

    Sales

  • Current Sale Contract Date: Aug 03, 2004
  • Current Sale Recording Date: Aug 12, 2004
  • Current Sale Transaction ID: 1042518719
  • Current Sale Price: $595,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004085001

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Aug 12, 2004
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2034

About Salinas



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Frequently Asked Questions

What neighborhood is 1228 Los Olivos Drive located in?
The 1228 Los Olivos Drive is a located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 1228 Los Olivos Drive?
The average sales price for units in 1228 Los Olivos Drive is $0 currently.

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