425 W Laurel K, Salinas, California 93906, Salinas, 93906 - 2 bed, 2 bath
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425 W Laurel K
Salinas, California 93906
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,021Sq Ft
1,044Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$427,533
SUMMARY
This Updated Condominium is a Strong Value Opportunity, listed at $425,000—positioned well below the $427,534 Fair Market Value by 0.59%. This valuation gap offers $2,534 in Instant Equity for buyers. The property is in Good Condition, featuring modern bathroom renovations and a functional, private layout with no neighbors above. Residents enjoy premium community amenities, including pools, a spa, and a private garage. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance lifestyle.
Estimated Market Value
$427,533
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 W Laurel K Subject | $425,000* List Price | 2 | 2 | 1,021 | $419 | - |
A 1797 Cherokee Drive 4 Sold | $410,000 | 3 | 2 | 986 | $416 | 0.9 mi |
B 1791 Cherokee Dr 4 Sold | $410,000 | 3 | 2 | 986 | $416 | 1.0 mi |
C 1875 Cherokee Dr 4 Sold | $315,000 | 3 | 2 | 952 | $331 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985, the property is described as updated and images show modern bathroom renovations including large-format wall tiles and wood-look flooring. The unit appears well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Optimal Layout and Privacy
As a top-floor unit with no neighbors above and dual en-suite bathrooms, this condo offers superior privacy and a functional, roommate-friendly floor plan.
- Comprehensive Community Amenities
Residents benefit from a secure gated environment featuring premium amenities including multiple pools, a spa, a recreation center, and well-maintained park-like grounds.
- Parking and Accessibility
The inclusion of both a private one-car garage and an additional parking spot, combined with easy freeway access, provides exceptional convenience for multi-vehicle households.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly association fee of $458.51 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Underperforming Local Schools
The property is served by schools with lower academic ratings, such as Boronda Elementary and Harden Middle School, which may limit appeal for education-focused families.
About 425 W Laurel K
Great Updated Upstairs Condo. No one on top of you! Two Large bedrooms with suite bathrooms. Open floor plan with inviting fireplace. Wonderful deck with park like well-maintained grounds. Complex includes pools, spa and rec center. Gated community with playground near schools, shopping and easy freeway access. This rare opportunity to get into a 2 bedroom 2 Full bathrooms in this sought after complex! 1 Car garage and one additional parking spot. Must see.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 1,044 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $458.51 / Month
Neighborhood Insights
Salinas Unified Schools
Henry F. Kammann Elementary School
Grades K-6 • 0.1 mi
3/10
Boronda Meadows
Grades K-6 • 0.6 mi
3/10
Boronda Elementary
Grades K-6 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,021 | 1,220 |
| Lot Size | 1,044 | 3,349.333 |
| Price | $425.0K | $503.4K |
| Price per sq ft | $416 | $425 |
| Built year | 1985 | 1980 |
| HOA | $458.51 | $567 |
| Days on market | 5 | 89 |
Pricing History
Listed for Sale
Sep 4, 2026
$425,000
Initial Listing
Sold
Apr 4, 2024
$395,000
Public Record
Sold
Feb 20, 2009
$102,000
Public Record