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131 North 1st Street

131 North 1st Street, Salinas, CA 93906
Property in Monterey
Refi Sep 01, 2021
Transfer
$210,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2036
131 North 1st Street 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 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 6 rooms. 3 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, 131 North 1st Street has 1,600 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 6,600 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 396 sqft. According to our sources, there is one available parking space. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood 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. Tax-wise, the current owner is expected to pay close to $4,118 in taxes each year. 131 North 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $369,649. If we break it down further, the land itself was valued at $173,272. Improvements to the property, however, were assessed at a total of $196,377. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1939
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AIRPORT HOMES
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AIRPORT HOMES TRACT LOT 14 BLK 2

Ownership

  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 000300

Geography

  • Subdivision Tract Number: 2
  • Parcel: 003-342-004-000
  • Block: 2
  • Lot: 14
  • Latitude: 36.7025
  • Longitude: -121.655

    Address

  • Full Address: 131 N 1st St
  • Address - House Number: 131
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Salinas
  • Carrier Code: C015
  • 4-Digit Zip Code: 3225
  • Zip Code: 93906

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,118
  • Tax Rate Code Area: 005-015

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 665,070
  • High Value: 807,167
  • Low Value: 522,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,649
  • Assessed Land Value: $173,272
  • Assessed Improvements Value: $196,377

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Frequently Asked Questions

What neighborhood is 131 North 1st Street located in?
The 131 North 1st Street is a located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 131 North 1st Street?
The average sales price for units in 131 North 1st Street is $0 currently.

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