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1355 Bolero Avenue

1355 Bolero Avenue, Salinas, CA 93906
House in Monterey
Sold Apr 30, 2019
$465,000
$427,500 by Paramount Residential Mortgage
Mortgage Due May 01, 2049
1355 Bolero Avenue 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 1955 and is 69 years old. The home has a total of 9 rooms. 4 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, 1355 Bolero Avenue has 1,447 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 7,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 292 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 E by the local assessor. The building has a flat style roof made of tar and gravel. 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. 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, 1355 Bolero Avenue sold most recently in Apr 9, 2019 for a total of $465,000. If you work out the math, that's approximately a cost of $321.35 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 $5,456 in taxes each year. 1355 Bolero Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $498,570. If we break it down further, the land itself was valued at $268,048. Improvements to the property, however, were assessed at a total of $230,522. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 292
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,447
  • Gross Building Area: 1,447
  • Building Area: 1,447
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,447
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA LUCIA VILLAGE ADD 2 UNIT 5
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANTA LUCIA VILLAGE ADD 2 UNIT 5 LOT 16 BLK 11

Ownership

  • Current Owner : CERVANTES MENDOZA LUIS A
  • Current Owner 2: CRUZ FLORISEL CRUZ
  • Previous Owner : COLLENBACK CHARLES

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 000200

Geography

  • Parcel: 003-673-002-000
  • Block: 11
  • Lot: 16
  • Latitude: 36.7003
  • Longitude: -121.636

    Address

  • Full Address: 1355 Bolero Ave
  • Address - House Number: 1355
  • Address - Street Name: Bolero
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Salinas
  • Carrier Code: C003
  • 4-Digit Zip Code: 3015
  • Zip Code: 93906

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,456
  • Tax Rate Code Area: 005-015

    Appraisal Valuation

  • Standard Deviation: 0.2126
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 697,317
  • High Value: 845,590
  • Low Value: 549,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,500
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 30, 2019
  • First Open Lien Mortgage Loan Amount: $427,500
  • 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: May 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,570
  • Assessed Land Value: $268,048
  • Assessed Improvements Value: $230,522

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11602696127
  • Current Sale Price: $465,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019016976

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Apr 30, 2019
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 1355 Bolero Avenue located in?
The 1355 Bolero Avenue is a house located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 1355 Bolero Avenue?
The average sales price for units in 1355 Bolero Avenue is $460,000 , or $318/sqft. currently.

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