Seller's Agent in 2019
Norm Yop
Norm Yop, Inc., Realtors
(831) 206-6310
61 Total Sales
1043 5th St Monterey, CA 93940
East Monterey Neighborhood
7
Beds
7
Baths
3,727
Sq Ft
5,001
Sq Ft Lot
Highlights
- Lake View
- Balcony
- Double Pane Windows
- La Mesa Elementary School Rated A-
- 4 Car Attached Garage
- Walk-In Closet
About This Home
As of May 2019Investor or Owner occupied 4 plex. Very well maintained. Conveniently located in Monterey. Property is within walking distance of the beach and Lake El Estero with plenty of walking & bike paths to enjoy. Downtown Monterey and Fisherman's Wharf is nearby with its plentiful shopping & restaurants! There are 3 -2 bedroom 2 bath units and 1-1 bedroom 1 bath unit. 4 car garage. One spot in garage and driveway per unit. Extra storage and community laundry in garage for tenants use. Unit 2 is owner occupied and has been updated oak kitchen cabinets, new wood laminate flooring and has its own laundry room and back yard area with storage shed. Close to Naval Post Graduate School and MPC. Great opportunity!
Last Agent to Sell the Property
Norm Yop, Inc., Realtors License #00407139 Listed on: 01/31/2019
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Lot Details
- 5,001 Sq Ft Lot
Parking
- 4 Car Attached Garage
- On-Street Parking
Home Design
- Quadruplex
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,727 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Lake Views
- Crawl Space
- Washer and Dryer
Kitchen
- Built-In Oven
- Electric Cooktop
- Tile Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- Low Flow Toliet
Outdoor Features
- Balcony
- Shed
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $103,740
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $500
- Insurance Expense $2,058
- Maintenance Expense $5,000
- Manager Expense $4,000
- Utility Expense $2,500
- Trash Expense $970
- Operating Expense $19,658
- Gross Income $100,628
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2019 05/10/19 | Sold | $1,740,000 | -5.9% | $467 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 02/19/2019 02/19/19 | Price Changed | $1,850,000 | -5.1% | $496 / Sq Ft |
| 01/31/2019 01/31/19 | For Sale | $1,950,000 | -- | $523 / Sq Ft |
Source: MLSListings
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 | $23,010 | $2,134,206 | $710,868 | $1,423,338 |
| 2024 | $23,010 | $2,090,791 | $696,930 | $1,393,861 |
| 2023 | $22,420 | $2,049,796 | $683,265 | $1,366,531 |
| 2022 | $22,112 | $2,009,605 | $669,868 | $1,339,737 |
| 2021 | $21,792 | $1,970,202 | $656,734 | $1,313,468 |
| 2020 | $20,968 | $1,951,600 | $650,000 | $1,301,600 |
| 2019 | $5,184 | $434,266 | $109,863 | $324,403 |
| 2018 | $4,986 | $425,783 | $107,709 | $318,074 |
| 2017 | $4,631 | $417,467 | $105,598 | $311,869 |
| 2016 | $4,551 | $409,314 | $103,528 | $305,786 |
| 2015 | $4,488 | $403,190 | $101,973 | $301,217 |
| 2014 | $4,412 | $395,324 | $99,976 | $295,348 |
Source: Public Records
Agents Affiliated with this Home
-
Norm Yop
-
Hiroshi Wada, CCIM, MBA
Buyer's Agent in 2019
Hiroshi Wada, CCIM, MBA
Wada International
(831) 596-2762
Map
Source: MLSListings
MLS Number: ML81737151
APN: 001-837-010-000
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