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497 Cabernet Drive

497 Cabernet Drive, Soledad, CA 93960
Property in Monterey
Sold Oct 06, 2006
$460,000
$391,000 by Option One Mortgage Corp
Mortgage Due Nov 01, 2036
Sold Jan 21, 2004
$310,000
$289,750 by New Century Mortgage Corp
Mortgage Due Feb 01, 2034
Local assessors in Soledad, CA have categorized 497 Cabernet Drive as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 7,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 497 Cabernet Drive has a total of 1,123 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 416 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 frame 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 - E. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. 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, 497 Cabernet Drive sold most recently in Oct 2, 2006 for a total of $460,000. If you work out the math, that's approximately a cost of $409.62 per sqft. Before that, the property was also sold for $310,000 in Jan 5, 2004. 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 $3,558 in taxes each year. 497 Cabernet Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $294,564. If we break it down further, the land itself was valued at $103,962. Improvements to the property, however, were assessed at a total of $190,602. 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 416
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 1,123
  • Gross Building Area: 1,123
  • Building Area: 1,123
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,123
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN VICENTE VILLAGE
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN VICENTE VILLAGE TRACT NO 787 LOT 41 BLK 1

Ownership

  • Current Owner : MORALES AURORA
  • Previous Owner : MORALES PABLO
  • Owner Before Previous Owner: LOPEZ VICTOR M
  • Owner Before Previous Owner 2: LOPEZ GUILLERMINA

Neighborhood

  • School District Name: Soledad Unified School District
  • Census Tract: 011103

Geography

  • Subdivision Tract Number: 787
  • Parcel: 022-191-059-000
  • Block: 1
  • Lot: 41
  • Latitude: 36.4261
  • Longitude: -121.314

    Address

  • Full Address: 497 Cabernet Dr
  • Address - House Number: 497
  • Address - Street Name: Cabernet
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Soledad
  • Carrier Code: C002
  • 4-Digit Zip Code: 2801
  • Zip Code: 93960

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,558
  • Tax Rate Code Area: 006-011

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 577,276
  • High Value: 704,845
  • Low Value: 449,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,000
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 06, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $391,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,564
  • Assessed Land Value: $103,962
  • Assessed Improvements Value: $190,602

    Sales

  • Current Sale Contract Date: Oct 02, 2006
  • Current Sale Recording Date: Oct 06, 2006
  • Current Sale Transaction ID: 1042902953
  • Current Sale Price: $460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2006087808
  • Previous Sale Recording Date: Jan 21, 2004
  • Previous Sale Contract Date: Jan 05, 2004
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 06, 2006
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 21, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $289,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2034

About Soledad



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Frequently Asked Questions

What neighborhood is 497 Cabernet Drive located in?
The 497 Cabernet Drive is a located in the neighborhood of Monterey in Soledad, Soledad.
What is the average sales price for listings in 497 Cabernet Drive?
The average sales price for units in 497 Cabernet Drive is $0 currently.

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