NOT LISTED FOR SALE

Estimated Value: $917,862 - $1,276,000

2 Beds
1 Bath
893 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $470,000 $526 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,083/month

34 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Formal Dining Room
  • Monterey High School Rated A
  • Cottage
  • 1 Car Attached Garage

About This Home

As of December 2013

2 bedroom, 1 bath home with approximately 893 square feet, situated on a large lot with approximately 4,800 square feet, located in Old Monterey. Built in 1956. Remodeled within the past 15 years, needs some updating to bring it up to todays standards. 1 Car Garage Attached. Corner lot. Great location, Great Price!

Last Agent to Sell the Property

Michael Kirch

Kensington Realty Group Inc License #01227726 Listed on: 10/11/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Fenced
  • Lot Sloped Up
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 001-256-009

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Sale Price Per Sq Ft: 526.32
  • Listing Class: Residential
  • Structure Sq Ft: 893
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 3
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G3
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 893
  • Stories: 1
  • Laundry: In Garage, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Fenced

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 001-256-009
  • Lot Location: Corner
  • List Price per Sq Ft: 540.87
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4800.00
  • Lot Size Area Min Search: 4800.00
  • Maximum Lot Size: 4800.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Dec 3, 2013
Sold by
Chicago Title
Bought by
Franklin Shirley
Seller's Agent
Michael Kirch
Kensington Realty Group Inc
Buyer's Agent
Michael Kirch
Del Monte Realty, Inc.
List Price
$483,000
Sold Price
$470,000
Premium/Discount to List
-$13,000
-2.69%
Current Estimated Value
$1,070,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,966
Avg. Annual Appreciation
6.99%
Original Mortgage
$376,000
Outstanding Balance
$270,053
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$800,913

Purchase Details

Closed on
Oct 16, 2012
Sold by
Hamilton Arthur C
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 25, 2001
Sold by
Hamilton Arthur C
Bought by
Hamilton Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Alif Lisa M
Bought by
Hamilton Arthur C

Purchase Details

Closed on
Feb 7, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Hamilton Arthur C and Alif Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franklin Shirley $470,000 Chicago Title
Jpmorgan Chase Bank National Association $317,905 Old Republic
Hamilton Arthur C -- Chicago Title Co
Hamilton Arthur C -- Stewart Title
Hamilton Arthur C $245,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Shirley $376,000
Previous Owner Hamilton Arthur C $155,000
Previous Owner Hamilton Arthur C $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2013 12/11/13 Sold $470,000 -2.7% $526 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $483,000 -- $541 / 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 $6,269 $576,147 $275,815 $300,332
2024 $6,269 $564,851 $270,407 $294,444
2023 $6,076 $553,776 $265,105 $288,671
2022 $5,993 $542,918 $259,907 $283,011
2021 $5,906 $532,273 $254,811 $277,462
2020 $5,683 $526,816 $252,199 $274,617
2019 $5,963 $516,487 $247,254 $269,233
2018 $5,725 $506,360 $242,406 $263,954
2017 $5,303 $496,432 $237,653 $258,779
2016 $5,209 $486,699 $232,994 $253,705
2015 $5,135 $479,390 $229,495 $249,895
2014 $5,047 $470,000 $225,000 $245,000
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81337438

MLSListings

APN: 001-256-009-000

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