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740 Elkington Avenue

740 Elkington Avenue, Salinas, CA 93905
Multifamily in Monterey
Sold Jun 28, 2019
$650,000
$487,500 by Quicken Loans Inc
Mortgage Due Jul 01, 2049
Sold Aug 29, 1996
$38,951
Local assessors in Salinas, CA have categorized 740 Elkington Avenue as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 20,328 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 22 rooms in the home. Of these, 10 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 6 full bathrooms. There are also 6 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 740 Elkington Avenue has a total of 2,820 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. 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 - D. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 17, 2019 for $650,000. That's $230.50 per sqft. Prior to that sales transaction, the property was also sold in Aug 26, 1996 for $38,951. 740 Elkington Avenue was last assessed in 2023. The total value of the property was assessed at $696,929. Specifically, the land the property is located on was valued at $321,660. While improvements on the property were assessed at a total of $375,269. 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 $8,408. The initial tax year of delinquency was in 2019. 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. 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

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 2
  • Total Rooms: 22
  • Bedroom Count: 10
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,328
  • Total Building Area: 2,820
  • Gross Building Area: 2,820
  • Building Area: 2,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF ELKINGTON SUBD
  • Land Acres: 0.467
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: MAP OF ELKINGTON SUBD LOT 8 EXC SLY 86 FT

Ownership

  • Current Owner : CASTILLO JOSE
  • Current Owner 2: CASTILLO DOLORES
  • Previous Owner : AMBIEL HILDA A
  • Owner Before Previous Owner: HOFFMAN CHARLES J
  • Owner Before Previous Owner 2: PHILLIPS ROSANNA
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Salinas Union High School District
  • Census Tract: 000701

Geography

  • Parcel: 004-392-075-000
  • Lot: 8
  • Latitude: 36.6899
  • Longitude: -121.609

    Address

  • Full Address: 740 Elkington Ave
  • Address - House Number: 740
  • Address - Street Name: Elkington
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Salinas
  • Carrier Code: C036
  • 4-Digit Zip Code: 1224
  • Zip Code: 93905

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,408
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 005-004

    Appraisal Valuation

  • Standard Deviation: 0.4365
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 12
  • Final Value: 731,004
  • High Value: 1,050,112
  • Low Value: 411,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 28, 2019
  • First Open Lien Mortgage Loan Amount: $487,500
  • 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: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,929
  • Assessed Land Value: $321,660
  • Assessed Improvements Value: $375,269

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11623332954
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019027123
  • Previous Sale Recording Date: Aug 29, 1996
  • Previous Sale Contract Date: Aug 26, 1996
  • Previous Sale Amount: $38,951
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $487,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Salinas



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Frequently Asked Questions

What neighborhood is 740 Elkington Avenue located in?
The 740 Elkington Avenue is a multifamily located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 740 Elkington Avenue?
The average sales price for units in 740 Elkington Avenue is $0 currently.

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