Seller's Agent in 2024
Jim Lowell
The Agency
(831) 902-0777
1 in this area
21 Total Sales
1003 W Franklin St Monterey, CA 93940
Old Town NeighborhoodEstimated Value: $1,840,000 - $1,972,000
4
Beds
2.5
Baths
3,027
Sq Ft
$627/Sq Ft
Est. Value
Highlights
- Bay View
- Solar Power System
- Craftsman Architecture
- Monterey High School Rated A
- 0.29 Acre Lot
- Wood Flooring
About This Home
As of March 2024Sitting high on the hill and watching over Old Town Monterey for more than a century, this classic 1916 Craftsman home on an oversized lot is awaiting its new owner. Walking in the front door to the main level you are greeted by a huge living room that has hosted many get togethers. Also on the main level you will find a formal dining room, spacious kitchen with eating area, family room, a bedroom and a full bath. Upstairs there are three more bedrooms, a full bathroom, walk-in closet and laundry area. Owned by the same family for over 50 years, this residence offers over 3,000 square feet of living space and a 600 square foot unfinished basement. A three car detached garage sits at the back of the large 1/4 acre+ lot and there is plenty of additional parking space on the paver driveway. The house is also equipped with a leased solar system to keep energy costs down. Enjoy fantastic views of the Monterey Bay and city lights from the second floor as well as views from the main level and sunny deck. Some tree trimming will add to the already wonderful views. Located within walking distance to downtown Monterey, this spectacular property offers a unique opportunity for new owners to add their personal touches and enjoy life in this grand property on the hill.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,898
Year Built
- Built in 1916
Lot Details
- 0.29 Acre Lot
- Zoning described as R-1-6
Parking
- 3 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Property Views
- Bay
- Mountain
- Neighborhood
Home Design
- Craftsman Architecture
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,027 Sq Ft Home
- 2-Story Property
- Wet Bar
- High Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Separate Family Room
- Formal Dining Room
- Unfinished Basement
Kitchen
- Double Oven
- Gas Cooktop
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- Bathtub with Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Additional Features
- Solar Power System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 001-341-004-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2024
Closed on
Mar 28, 2024
Sold by
Anton Family Revocable Trust and Nicora Albert J
Bought by
Hayat Naweed and Haidary Maryam
Seller's Agent
Jim Lowell
The Agency
Buyer's Agent
Mike Meza
Sotheby’s International Realty
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Total Days on Market
5
Views
89
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,061
Avg. Annual Appreciation
8.37%
Original Mortgage
$1,487,500
Outstanding Balance
$1,466,068
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$486,025
Purchase Details
Closed on
Nov 19, 2021
Sold by
Nick Anton John
Bought by
Anton Family Revocable Trust
Purchase Details
Closed on
Feb 14, 2014
Sold by
Anton John N and Anton Marilyn L
Bought by
Anton Family Revocable Trust
Purchase Details
Closed on
Feb 16, 2012
Sold by
Anton John N and Anton Marilyn L
Bought by
Anton John N and Anton Marilyn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,250
Interest Rate
3.83%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hayat Naweed | $1,750,000 | Chicago Title Company | |
| Anton Family Revocable Trust | -- | -- | |
| Anton Family Revocable Trust | -- | None Available | |
| Anton John N | -- | None Available | |
| Anton John N | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hayat Naweed | $1,487,500 | |
| Previous Owner | Anton John N | $357,000 | |
| Previous Owner | Anton John N | $360,250 | |
| Previous Owner | Anton John N | $375,000 | |
| Previous Owner | Anton John N | $322,700 | |
| Previous Owner | Anton John N | $100,000 | |
| Previous Owner | Anton John N | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $1,750,000 | -2.5% | $578 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | For Sale | $1,795,000 | -- | $593 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,898 | $1,785,000 | $816,000 | $969,000 |
| 2024 | $3,898 | $1,750,000 | $800,000 | $950,000 |
| 2023 | $3,787 | $336,599 | $151,849 | $184,750 |
| 2022 | $1,638 | $330,000 | $148,872 | $181,128 |
| 2021 | $1,614 | $141,163 | $60,840 | $80,323 |
| 2020 | $1,557 | $139,717 | $60,217 | $79,500 |
| 2019 | $1,623 | $136,979 | $59,037 | $77,942 |
| 2018 | $1,563 | $134,294 | $57,880 | $76,414 |
| 2017 | $1,455 | $131,662 | $56,746 | $74,916 |
| 2016 | $1,429 | $129,082 | $55,634 | $73,448 |
| 2015 | $1,409 | $127,144 | $54,799 | $72,345 |
| 2014 | $1,386 | $124,654 | $53,726 | $70,928 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Mike Meza
Sotheby’s International Realty
(831) 578-4601
2 in this area
54 Total Sales
Map
Source: MLSListings
MLS Number: ML81952817
APN: 001-341-004-000
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