NOT LISTED FOR SALE

1048 Clementina Ave Seaside, CA 93955

Estimated Value: $699,272 - $1,040,000

3 Beds
2 Baths
2,166 Sq Ft
$399/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $726,000 $335 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,258/month

54 Days on Market

Highlights

  • View of Hills
  • 1 Car Attached Garage
  • 1-Story Property
  • Fireplace

About This Home

As of September 2021

Outstanding opportunity in the heart of Seaside! Youll enjoy this great location very close to downtown and access to the Monterey Peninsula. This rare duplex property has two buildings. One is a 2 bedroom 1 bath single level home. The second is a 1 bedroom 1 bath unit located over a detached two car tandem garage with alley access. Long term tenants are month to month. Perfect for living in one and renting the other for your beach retreat visions. This duplex offers one of the best values on the Monterey Peninsula today!

Last Agent to Sell the Property

Christian Haun

eXp Realty of California Inc License #01494599 Listed on: 05/20/2021

eXp Realty of California Inc

Last Buyer's Agent

Suzanne Menendez-Herbst

Shankle Real Estate License #01236254

Shankle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,143

Year Built

  • 1928

Lot Details

  • 3,999

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,166 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Views of Hills

Additional Features

  • 3,999 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

  • 2,166 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $695
  • Utility Expense $900
  • Operating Expense $3,855
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,143

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Zoning: RH
  • Subclass: Duplex
  • Age: 93
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2166
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Living Sq Ft: 2166
  • Stories: 1

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Hills

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Fireplace, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 27.74
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 695
  • Expenses Total: 3855
  • Expenses Utility: 900
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 28800
  • Income Gross Scheduled: 28800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 1, 2021
Sold by
Erskine Kirke Andrew and The Frances K Frazer Family Tr
Bought by
Clifton Charles
Seller's Agent
Christian Haun
eXp Realty of California Inc
Buyer's Agent
Suzanne Menendez-Herbst
Shankle Real Estate
List Price
$799,000
Sold Price
$726,000
Premium/Discount to List
-$73,000
-9.14%
Current Estimated Value
$863,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,818
Avg. Annual Appreciation
4.36%
Original Mortgage
$544,500
Outstanding Balance
$494,715
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$369,103
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clifton Charles $726,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifton Charles $544,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $726,000 -9.1% $335 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $799,000 -- $369 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $8,143 $770,436 $424,483 $345,953
2024 $8,143 $755,330 $416,160 $339,170
2023 $8,127 $740,520 $408,000 $332,520
2022 $8,016 $726,000 $400,000 $326,000
2021 $2,345 $726,000 $400,000 $326,000
2020 $2,260 $201,249 $69,996 $131,253
2019 $2,365 $197,304 $68,624 $128,680
2018 $2,275 $193,436 $67,279 $126,157
2017 $2,113 $189,644 $65,960 $123,684
2016 $2,077 $185,926 $64,667 $121,259
2015 $2,048 $183,134 $63,696 $119,438
2014 $2,015 $179,548 $62,449 $117,099
Source: Public Records

Agents Affiliated with this Home

  • Christian Haun

    Seller's Agent in 2021

    Christian Haun

    eXp Realty of California Inc

    (831) 402-9451

    6 in this area

    69 Total Sales

    Christian Haun
    Section Image

  • S

    Buyer's Agent in 2021

    Suzanne Menendez-Herbst

    Shankle Real Estate

    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Nowak

    Cornerstone Real Estate Group

See All Agents

Map

Source: MLSListings

MLS Number: ML81844842

MLSListings

APN: 012-173-006-000

California Monterey County Seaside 93955

1048 Clementina Ave, Seaside, CA

This home is located at 1048 Clementina Ave, Seaside, CA 93955 since 20 May 2021 and is currently estimated at $863,818, approximately $398 per square foot. This property was built in 1928. 1048 Clementina Ave is a home located in Monterey County with nearby schools including Martin Luther King, Seaside Middle School, and Seaside High School.

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