T
Seller's Agent in 2024
The C Group
Real Brokerage Technologies
(831) 601-8936
6 in this area
107 Total Sales
1090 Elm Ave Seaside, CA 93955
2
Beds
2
Baths
972
Sq Ft
5,798
Sq Ft Lot
Highlights
- Bay View
- Laundry Room
- Carpet
- Traditional Architecture
- Washer and Dryer
- Back Yard
About This Home
As of August 2023MAJOR price reduction!! Here's a great opportunity to add to your investment portfolio or if you're looking for a property where you can live on one side and rent the other. Needs some TLC but good bones. Property is being sold as-is and Sellers wants to do no repairs. Both units are 1 bedroom one bath but Unit A has converted the garage to make a second bedroom. Unit A also has an attached laundry room. Unit A tenant has been here for 8+ years, Unit B tenant has been here 20+ years. The property has a huge backyard with so many options for use. Close to shopping and has a peek of a bay view.
Last Agent to Sell the Property
Berkshire Hathaway HS Real Time Realty License #01126658 Listed on: 05/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,267
Year Built
- 1951
Lot Details
- 5,798 Sq Ft Lot
- Mostly Level
- Back Yard
Home Design
- Duplex
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- Low Flow Toliet
- 972 Sq Ft Home
- 1-Story Property
- Bay Views
Kitchen
- Gas Oven
- Range Hood
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 1 Parking Space
- On-Street Parking
- Off-Street Parking
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $36,300
Community Details
Overview
Building Details
- 2 Leased Units
- Insurance Expense $1,200
- Maintenance Expense $1,800
- Utility Expense $1,440
- Trash Expense $1,680
- Operating Expense $12,916
- Gross Income $36,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2023
Closed on
Aug 8, 2023
Sold by
Matthew K Banhagel Revocable Trust
Bought by
Mar Vista Real Estate-Monterey Llc
Seller's Agent
Tom Folliard
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Kevin Cesario
Real Brokerage Technologies
List Price
$749,900
Sold Price
$580,000
Premium/Discount to List
-$169,900
-22.66%
Views
382
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$464,000
Outstanding Balance
$454,597
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$342,384
Purchase Details
Closed on
Sep 8, 2004
Sold by
Banhagel Matthew K
Bought by
Banhagel Matthew K and Banhagel Revocable T Matthew K
Purchase Details
Closed on
Jul 30, 2004
Sold by
Banhagel Matthew K
Bought by
The Matthew K Banhagel Revocable Trust
Purchase Details
Closed on
Apr 12, 2004
Sold by
Duke Frederick M
Bought by
Banhagel Matthew K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 1996
Sold by
Barber Gerald F and Barber Teresa M
Bought by
Duke Frederick M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.67%
Mortgage Type
Assumption
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $580,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $459,000 | First American Title | |
| Grant Deed | $107,500 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | New Conventional | |
| Previous Owner | $333,700 | Purchase Money Mortgage | |
| Previous Owner | $86,000 | Assumption |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | For Sale | $800,000 | 0.0% | $823 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | $800,000 | -- | -- |
| 08/07/2024 08/07/24 | Price Changed | $800,000 | -11.1% | $823 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $900,000 | +55.2% | $926 / Sq Ft |
| 08/23/2023 08/23/23 | Sold | $580,000 | -1.7% | $597 / Sq Ft |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | Price Changed | $589,900 | -9.2% | $607 / Sq Ft |
| 06/28/2023 06/28/23 | Price Changed | $649,900 | -4.4% | $669 / Sq Ft |
| 06/19/2023 06/19/23 | Price Changed | $679,900 | -2.9% | $699 / Sq Ft |
| 05/26/2023 05/26/23 | Price Changed | $699,900 | -4.1% | $720 / Sq Ft |
| 05/15/2023 05/15/23 | Price Changed | $729,900 | -2.7% | $751 / Sq Ft |
| 05/06/2023 05/06/23 | For Sale | $749,900 | -- | $772 / 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 | $6,267 | $591,600 | $408,000 | $183,600 |
| 2024 | $6,267 | $580,000 | $400,000 | $180,000 |
| 2023 | $6,891 | $627,270 | $409,983 | $217,287 |
| 2022 | $6,796 | $614,972 | $401,945 | $213,027 |
| 2021 | $6,698 | $602,914 | $394,064 | $208,850 |
| 2020 | $6,446 | $596,733 | $390,024 | $206,709 |
| 2019 | $6,763 | $585,033 | $382,377 | $202,656 |
| 2018 | $6,065 | $535,000 | $250,000 | $285,000 |
| 2017 | $5,368 | $500,688 | $244,000 | $256,688 |
| 2016 | $2,921 | $267,300 | $150,000 | $117,300 |
| 2015 | $2,922 | $267,300 | $150,000 | $117,300 |
| 2014 | $2,928 | $267,300 | $150,000 | $117,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2023
Tom Folliard
Berkshire Hathaway HS Real Time Realty
(831) 262-9296
1 in this area
56 Total Sales
-
K
Buyer's Agent in 2023
Kevin Cesario
Real Brokerage Technologies
(831) 372-1964
9 in this area
56 Total Sales
Map
Source: MLSListings
MLS Number: ML81927323
APN: 012-271-016-000
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