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1038 Sherman Dr

Salinas, CA 93907

3 bd 2 ba 1,170 sqft Built 1979 Lot 3,485 sqft single_family
Most recent sale
$650,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $650,000 MLS #ML81881243
Mar 7, 2022 Listed $619,000 MLS #ML81881243
Nov 20, 2013 Listing removed $1,575 RentalBeast
Nov 15, 2013 Listed for rent $1,575 RentalBeast
Dec 1, 2011 Sold $142,350 MLS #81119296
Jun 7, 2011 Price changed $150,000 MLS #81119296
May 2, 2011 Listed $165,000 MLS #81119296
May 2, 2003 Sold $292,000 Public Record
May 20, 1993 Sold $154,000 Public Record
Jun 18, 1991 Sold $149,000 Public Record
Jan 8, 1988 Sold $113,000 Public Record
Oct 30, 1981 Sold $26,000 Public Record
Sep 6, 1979 Sold $65,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $413,871 $275,914 $689,785 $9,412
2024 $413,871 $275,914 $689,785 $7,892
2023 $397,800 $265,200 $663,000 $7,626
2022 $85,632 $82,849 $168,481 $1,941
2021 $83,953 $81,225 $165,178 $1,865
2020 $83,093 $80,393 $163,486 $1,814
2019 $81,464 $78,817 $160,281 $1,799
2018 $79,867 $77,272 $157,139 $1,775
2017 $78,301 $75,757 $154,058 $1,776
2016 $76,766 $74,272 $151,038 $1,777
2015 $75,613 $73,157 $148,770 $1,792
2014 $74,132 $71,724 $145,856 $1,674
2013 $73,797 $71,400 $145,197 $1,698
2012 $72,350 $70,000 $142,350 $1,643
2011 $85,000 $70,000 $155,000 $1,796
2010 $85,000 $70,000 $155,000 $1,787
2009 $90,000 $80,000 $170,000 $1,977
2008 $140,033 $181,933 $321,966 $3,592
2007 $137,288 $178,366 $315,654 $3,429

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,170 sqft
Lot size
3,485 sqft
ZIP code
93907
City
Salinas
Street
Sherman Dr
Coordinates
36.69417, -121.66486

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,744
Gross rental yield
6.91%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 1038 Sherman Dr last sell?
1038 Sherman Dr most recently sold on Apr 8, 2022 for $650,000.
What is the current tax assessment for 1038 Sherman Dr?
The most recent total assessment for 1038 Sherman Dr (year 2025) is $689,785 with $9,412 in property tax.
How does 1038 Sherman Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $650,000.
When was 1038 Sherman Dr built?
1038 Sherman Dr was built in 1979.
How does 1038 Sherman Dr compare to others on Sherman Dr?
We track 8 other properties on Sherman Dr. Browse the list under "Other properties on Sherman Dr" to compare beds, baths, and sale history.
What are the property facts for 1038 Sherman Dr?
1038 Sherman Dr is a 3 bed, 2 bath, 1,170 sqft, 3,485 sqft lot single_family.
Is 1038 Sherman Dr a flip candidate?
No — 1038 Sherman Dr does not appear in our flips dataset.
Is 1038 Sherman Dr a tax-appeal candidate?
No — 1038 Sherman 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
+0.0%
Implied 1-yr
+0.2%
2026 Q3
$777.3K
2026 Q4
$777.6K
ZIP 93907 — Median Price History + Forecast

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