NOT LISTED FOR SALE

10700 Merritt St Castroville, CA 95012

Estimated Value: $936,153

-- Bed
3 Baths
4,970 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $665,000 $134 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,808/month

564 Days on Market

Highlights

  • 0.76 Acre Lot
  • Wood Flooring
  • Entertainment System
  • Dumbwaiter
  • High Ceiling
  • Forced Air Zoned Cooling and Heating System

About This Home

As of January 2020

Have you dreamt of owning your own business? Here is a great opportunity to turn your dream into reality. La Scuola was originally built in 1869 and was the first schoolhouse in Castroville and in 1990 was upgraded and became a successful Italian restaurant. The food, the charm and ambience made it a destination point and it is waiting for someone to make it a destination place once again. If a restaurant isn't your dream, possibilities abound with this large 4970 square foot building on 1/3 of an acre that is zoned Mixed Use Commercial. The building is built with clear heart redwood and also includes a commercial kitchen, 2 public and 2 private restrooms, a conference room that is plumbed for a bar with a drain, dumb waiter, banquet room, 3 storage buildings and ample parking. The location is fantastic and centrally located between both Highway 1 and Highway 156, close to Carmel, Monterey, Santa Cruz, Moss Landing and a mere 58 miles from San Jose.

Last Agent to Sell the Property

Lisa Brom

Sotheby’s International Realty License #01893705 Listed on: 06/01/2018

Sotheby’s International Realty

Last Buyer's Agent

Lisa Brom

Sotheby’s International Realty License #01893705 Listed on: 06/01/2018

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,601

Year Built

  • 1869

Lot Details

  • 0.76 Acre Lot

Home Design

  • Combination Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,970 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • High Ceiling
  • Fire Sprinkler System

Kitchen

  • Dumbwaiter
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 55 Parking Spaces
  • No Garage

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $7,933

Security

  • Building Fire Escape

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,601

Year Built

1869

Lot Details

0

Listing Details

  • Zoning: MU-C
  • Subclass: Multiple Dwellings / Structures
  • Age: 149
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1869

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 4970
  • Stories: 2
  • Security: Fire Escape, Fire System - Sprinkler
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Combination, Concrete Perimeter
  • Roof: Composition, Tar And Gravel

Garage/Parking

  • Parking Spaces: 55
  • Garage Parking Features: No Garage, Parking Area, Room For Oversized Vehicle

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Dumbwaiter, Floor Drain, High Ceiling, Video / Audio System

Schools

  • School District: North Monterey County Unified
  • High School: North Monterey County High
  • High School: 549

Lot Info

  • Lot Acres: 0.7600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 33106.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 33106.00

Rental Info

  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 7933
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 20, 2019
Sold by
Martinez Yolanda Cholico and Gonzalez Humberto Gonzalez
Bought by
Gonzalez Abel Gonzalez and Gonzalez Alvaro Gonzalez
Seller's Agent
Lisa Brom
Sotheby’s International Realty
Buyer's Agent
Lisa Brom
Sotheby’s International Realty
List Price
$825,000
Sold Price
$665,000
Premium/Discount to List
-$160,000
-19.39%
Current Estimated Value
$936,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,153
Avg. Annual Appreciation
6.21%
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
Gonzalez Abel Gonzalez -- Old Republic Title Company
Gonzalez Abel Gonzalez $665,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $665,000 -19.4% $134 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $825,000 0.0% $166 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $825,000 -10.8% $166 / Sq Ft
07/03/2018 07/03/18 For Sale $925,000 0.0% $186 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $925,000 -- $186 / 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 $8,601 $727,271 $492,139 $235,132
2024 $8,601 $713,012 $482,490 $230,522
2023 $8,445 $699,032 $473,030 $226,002
2022 $8,378 $685,326 $463,755 $221,571
2021 $8,070 $671,889 $454,662 $217,227
2020 $8,399 $713,669 $274,626 $439,043
2019 $8,207 $699,677 $269,242 $430,435
2018 $8,069 $685,959 $263,963 $421,996
2017 $7,644 $672,510 $258,788 $413,722
2016 $7,933 $659,324 $253,714 $405,610
2015 $7,621 $649,421 $249,903 $399,518
2014 $7,497 $636,700 $245,008 $391,692
Source: Public Records

Agents Affiliated with this Home

  • Lisa Brom

    Seller's Agent in 2020

    Lisa Brom

    Sotheby’s International Realty

    (831) 682-0126

    45 Total Sales

    Lisa Brom
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Map

Source: MLSListings

MLS Number: ML81708255

MLSListings

APN: 030-167-002-000

California Monterey County Castroville 95012

10700 Merritt St, Castroville, CA

This home is located at 10700 Merritt St, Castroville, CA 95012 since 01 June 2018 and is currently estimated at $936,153, approximately $188 per square foot. This property was built in 1869. 10700 Merritt St is a home located in Monterey County with nearby schools including North Monterey County Middle School and North Monterey County High School.

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