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16 Rico Circle

16 Rico Circle, Salinas, CA 93907
Property in Monterey
Sold Feb 12, 2021
$540,000
$340,000 by First Bank
Mortgage Due Mar 01, 2051
Sold Jul 17, 1998
$124,000
16 Rico Circle in Salinas, CA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16 Rico Circle has 1,100 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Rico Circle was last sold in Feb 9, 2021 for $540,000. According to our calculations, that's $490.91 per sqft. Prior to that sales transaction, the property was sold for $124,000 in Jun 16, 1998. Current property owners are expected to pay $6,231 in taxes per year. The property on 16 Rico Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $561,816. To break that down further, the land itself was valued at $416,160. While improvements to the property were assessed at a total of $145,656. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASAS LARKIN SUBDIVISION
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASAS LARKIN SUBDIVISION VOL 19 C&T PG 38 TR 1274 LOT 7

Ownership

  • Current Owner : JAURRIETA YOLANDA
  • Current Owner 2: JAURRIETA GENARO
  • Previous Owner : SALCEDO STEVEN
  • Previous Owner 2: GUADALUPE M SALCEDO LIVING TRU
  • Owner Before Previous Owner: CHAPMAN JAMES A
  • Owner Before Previous Owner 2: CHAPMAN LINDA
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Salinas City Elementary School District
  • Census Tract: 001802

Geography

  • Subdivision Tract Number: 1274
  • Parcel: 261-201-026-000
  • Lot: 7
  • Latitude: 36.6905
  • Longitude: -121.659

    Address

  • Full Address: 16 Rico Cir
  • Address - House Number: 16
  • Address - Street Name: Rico
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Salinas
  • Carrier Code: C031
  • 4-Digit Zip Code: 2437
  • Zip Code: 93907

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,231
  • Tax Rate Code Area: 005-015

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 652,304
  • High Value: 796,453
  • Low Value: 508,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,816
  • Assessed Land Value: $416,160
  • Assessed Improvements Value: $145,656

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11817973399
  • Current Sale Price: $540,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021011525
  • Previous Sale Recording Date: Jul 17, 1998
  • Previous Sale Contract Date: Jun 16, 1998
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 16 Rico Circle located in?
The 16 Rico Circle is a located in the neighborhood of Monterey in Salinas, Salinas.
What is the average sales price for listings in 16 Rico Circle?
The average sales price for units in 16 Rico Circle is $510,000 , or $464/sqft. currently.

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