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1062 Padre Dr

Salinas, CA 93901

2 bd 1 ba 936 sqft Built 1988 condos
Most recent sale
$505,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2024 Sold $540,000 MLSListings
May 30, 2024 Listed $540,000 MLSListings
Sep 1, 2023 Listed for rent $1,075 AppfolioUnits
Jun 3, 2022 Sold $505,000 MLS #ML81884495
Mar 29, 2022 Listed $449,000 MLS #ML81884495
Sep 30, 1998 Sold $135,000 Public Record
May 2, 1988 Sold $94,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $280,000 $260,000 $540,000 $6,680
2024 $280,000 $260,000 $540,000 $6,050
2023 $260,100 $255,000 $515,100 $5,845
2022 $122,735 $72,407 $195,142 $2,229
2021 $120,329 $70,988 $191,317 $2,141
2020 $119,096 $70,261 $189,357 $2,082
2019 $116,761 $68,884 $185,645 $2,065
2018 $114,472 $67,534 $182,006 $2,039
2017 $112,228 $66,210 $178,438 $2,041
2016 $110,028 $64,912 $174,940 $2,043
2015 $108,376 $63,937 $172,313 $2,060
2014 $106,254 $62,685 $168,939 $1,923
2013 $105,774 $62,402 $168,176 $1,954
2012 $90,000 $60,000 $150,000 $1,723
2011 $90,000 $60,000 $150,000 $1,732
2010 $102,925 $60,722 $163,647 $1,878
2009 $103,170 $60,867 $164,037 $1,902
2008 $101,148 $59,674 $160,822 $1,807
2007 $99,165 $58,504 $157,669 $1,723

Property facts

Year built
1988
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
936 sqft
Lot size
ZIP code
93901
City
Salinas
Street
Padre Dr
Coordinates
36.66042, -121.66232

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,995
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 1062 Padre Dr last sell?
1062 Padre Dr most recently sold on Jun 3, 2022 for $505,000.
What is the current tax assessment for 1062 Padre Dr?
The most recent total assessment for 1062 Padre Dr (year 2025) is $540,000 with $6,680 in property tax.
How does 1062 Padre Dr's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $505,000.
When was 1062 Padre Dr built?
1062 Padre Dr was built in 1988.
How does 1062 Padre Dr compare to others on Padre Dr?
We track 8 other properties on Padre Dr. Browse the list under "Other properties on Padre Dr" to compare beds, baths, and sale history.
What are the property facts for 1062 Padre Dr?
1062 Padre Dr is a 2 bed, 1 bath, 936 sqft condos.
Is 1062 Padre Dr a flip candidate?
No — 1062 Padre Dr does not appear in our flips dataset.
Is 1062 Padre Dr a tax-appeal candidate?
No — 1062 Padre Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$780.5K
2026 Q4
$783K
ZIP 93901 — Median Price History + Forecast

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