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27140 Prestancia Way

27140 Prestancia Way, Salinas, CA 93908
Property in Monterey
Sold Oct 05, 2020
$1,000,000
$672,750 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2050
Sold Mar 24, 2017
$866,500
$606,500 by United Wholesale Mortgage
Mortgage Due Apr 01, 2047
27140 Prestancia 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 2001 and is 23 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 27140 Prestancia Way has 3,818 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 9,881 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 655 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a central 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, 27140 Prestancia Way sold most recently in Sep 29, 2020 for a total of $1,000,000. If you work out the math, that's approximately a cost of $261.92 per sqft. Before that, the property was also sold for $866,500 in Mar 20, 2017. 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 $11,517 in taxes each year. 27140 Prestancia Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,040,400. If we break it down further, the land itself was valued at $312,120. Improvements to the property, however, were assessed at a total of $728,280. The property's total assessed value has been marked as more than the total market value 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. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 655
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,881
  • Total Building Area: 3,818
  • Gross Building Area: 3,818
  • Building Area: 3,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAS PALMAS RANCH PHASE 2 UNIT 9 SUBDIVIS
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAS PALMAS RANCH PHASE 2 UNIT 9 SUBDIVISION VOL 20 C&T PAGE 21 TRACT NO 1321 LOT 59

Ownership

  • Current Owner : LOPEZ FRANK SOTO
  • Current Owner 2: LOPEZ VALERIE MATURINO
  • Previous Owner : BROWN WILLIAM C
  • Previous Owner 2: BROWN JENNAH L
  • Owner Before Previous Owner: LUZOD DIANE V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salinas Union High School District
  • Census Tract: 014110

Geography

  • Subdivision Tract Number: 1321
  • Parcel: 139-422-023-000
  • Lot: 59
  • Latitude: 36.6067
  • Longitude: -121.668

    Address

  • Full Address: 27140 Prestancia Way
  • Address - House Number: 27140
  • Address - Street Name: Prestancia
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Salinas
  • Carrier Code: R016
  • 4-Digit Zip Code: 1578
  • Zip Code: 93908

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,517
  • Tax Rate Code Area: 057-046

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 1,209,953
  • High Value: 1,448,312
  • Low Value: 971,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $672,750
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Loan Amount: $672,750
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,040,400
  • Assessed Land Value: $312,120
  • Assessed Improvements Value: $728,280

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11790591538
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020053247
  • Previous Sale Recording Date: Mar 24, 2017
  • Previous Sale Contract Date: Mar 20, 2017
  • Previous Sale Amount: $866,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $672,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 24, 2017
  • Previous Mortgage Loan Amount: $606,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Monterey



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Frequently Asked Questions

What neighborhood is 27140 Prestancia Way located in?
The 27140 Prestancia Way is a located in the neighborhood of Monterey in Monterey, Salinas.
What is the average sales price for listings in 27140 Prestancia Way?
The average sales price for units in 27140 Prestancia Way is $0 currently.

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