NOT LISTED FOR SALE

Estimated Value: $1,303,000 - $1,656,071

4 Beds
2 Baths
2,183 Sq Ft
$683/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $1,245,000 $570 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,959/month

37 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • 4-minute walk to Lower Presidio Historic Park
  • Monterey High School Rated A

About This Home

As of July 2022

112-114 Seeno St. in Monterey is a fully leased two unit property is has two 2 bed/1 bath units and garage. Located a block away from Montereys historic Fishermans Wharf and Old Town Monterey, this fantastic location is walking distance to many shops, bars and restaurants.

Last Agent to Sell the Property

James Kendall

Baird Partnership, Inc. License #02010395 Listed on: 04/28/2022

Last Buyer's Agent

Robin Anderson

Sotheby’s International Realty License #01518311

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,907

Year Built

  • 1959

Lot Details

  • 9,470

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,183 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Additional Features

  • 9,470 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $43,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $20,925
  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,907

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2183
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 2183
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2174
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9471.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9471.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.85
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 20925
  • Income Annual Gross: 43800.00
  • Income Annual Rental: 43800
  • Income Gross Scheduled: 43800
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Leavy Michael A and Galvin Elsa Susan
Bought by
Michael A Leavy And Elsa Susan Galvin Family and Leavy
Current Estimated Value
$1,490,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Outstanding Balance
$272,286
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,217,732

Purchase Details

Closed on
Feb 6, 2024
Sold by
Leavy Michael A and Fa Elsa
Bought by
Leavy Michael A and Galvin Elsa Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 8, 2022
Sold by
Rappa Family 2005 Revocable Trust
Bought by
Michael A Leavy And Elsa Susan Galvin Family
Seller's Agent
James Kendall
Baird Partnership, Inc.
Buyer's Agent
Robin Anderson
Sotheby’s International Realty
List Price
$1,395,000
Sold Price
$1,245,000
Premium/Discount to List
-$150,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$829,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2021
Sold by
Rappa Horace J
Bought by
Rappa Dolores M

Purchase Details

Closed on
Jan 21, 2021
Sold by
Nuovo Francesca M and Campbell Francesca M
Bought by
Casa Nuovo Llc

Purchase Details

Closed on
Jan 20, 2021
Sold by
Nuovo Frank J and Nuovo Francesca S
Bought by
Nuovo Francesca M and Nuovo Antonio J

Purchase Details

Closed on
Aug 7, 2017
Sold by
Nuovo Frank
Bought by
Nuovo Frank J and Nuovo Francesca S

Purchase Details

Closed on
Jun 9, 2016
Sold by
Ferrante Frank
Bought by
Frank & Barbara Ferrante Family Trust

Purchase Details

Closed on
Aug 11, 2014
Sold by
Hilton Mortensen Kathleen A
Bought by
Mortensen John W and Mor Kathleen A

Purchase Details

Closed on
May 28, 2014
Sold by
Ihnot Antonia
Bought by
Ihnot Dennis Michael and Ihnot Antonia

Purchase Details

Closed on
Oct 13, 2013
Sold by
Ihnot Antonia
Bought by
Ferrante Frank and Ihnot Antonia

Purchase Details

Closed on
Sep 15, 2010
Sold by
Ascone Catherine
Bought by
Revo Ascone Catherine

Purchase Details

Closed on
Sep 30, 2005
Sold by
Rappa Dolores M
Bought by
Rappa Horace J and Rappa Dolores M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Michael A Leavy And Elsa Susan Galvin Family -- Chicago Title Company
Leavy Michael A -- None Listed On Document
Michael A Leavy And Elsa Susan Galvin Family $1,245,000 Old Republic Title
Rappa Dolores M -- --
Casa Nuovo Llc -- None Listed On Document
Nuovo Francesca M -- None Available
Nuovo Frank J -- None Available
Frank & Barbara Ferrante Family Trust -- None Available
Mortensen John W -- None Available
Ihnot Dennis Michael -- None Available
Ferrante Frank -- None Available
Revo Ascone Catherine -- None Available
Rappa Horace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael A Leavy And Elsa Susan Galvin Family $273,500
Previous Owner Leavy Michael A $249,000
Previous Owner Michael A Leavy And Elsa Susan Galvin Family $829,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $1,245,000 -10.8% $570 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,395,000 -- $639 / 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 $13,907 $1,295,298 $572,220 $723,078
2024 $13,907 $1,269,900 $561,000 $708,900
2023 $13,588 $1,245,000 $550,000 $695,000
2022 $1,342 $1,245,000 $550,000 $695,000
2021 $1,323 $108,864 $27,419 $81,445
2020 $1,277 $107,748 $27,138 $80,610
2019 $1,332 $105,636 $26,606 $79,030
2018 $1,285 $103,566 $26,085 $77,481
2017 $1,198 $101,536 $25,574 $75,962
2016 $1,178 $99,546 $25,073 $74,473
2015 $1,162 $98,052 $24,697 $73,355
2014 $1,145 $96,133 $24,214 $71,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81889224

MLSListings

APN: 001-361-011-000